Will you be attending Genny Williams’ Mastermind 2017?

Genny Williams’ Mastermind 2017 is almost here Hello everyone. It’s already November and the end of 2017 is getting closer and closer. I’ve had a great time this year on my Birmingham Appraisal Blog answering appraisal questions and writing about the various topics in my profession that affect agents, homeowners, and others in the real […]

What is the FHA Rule for Heating and Cooling Systems?

Confused about the FHA Rule for Heating and Cooling Systems? I’ve received a lot of calls recently regarding the FHA rule for heating and cooling systems. You may have wondered what FHA heat source requirements are or what is considered a permanent heat source. Does FHA require central heat and air? Today we’re going to […]

Should I Get A Property Inspection Waiver?

In The News: The Property Inspection Waiver Just in case you haven’t been in the market for a home mortgage recently there’s something new these days that you should be aware of. The current buzzwords recently have been Property Inspection Waiver or PIW. A Property Inspection Waiver consists of the option to forgo a traditional […]

What is gross living area in an appraisal?

What’s the big deal with gross living area? There is a direct correlation between the amount of gross living area in your home and its market value. If everything else is the same, a home with greater square footage (gross living area) will typically be worth more. During an appraisal, the appraiser will take measurements […]

What makes a good sales comparable?

A guide to choosing a good sales comparable As an appraiser, I speak a lot at real estate agent’s offices. One of the most popular questions I get is how to choose a good sales comparable. This may seem like a very basic question to an appraiser but it can be confusing to an agent. […]

 

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