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. […]

5 Real estate stats homeowners should know and a Shelby County market update

Understanding your local market As homeowners, it’s good to know a little bit about the market our home is located in. There’s no need to be a professional statistician but it’s really not necessary. There are a couple of real estate stats that are good to know as they can give us a feel for […]

What first time home buyers should know about the appraisal process

First time home buyers: Don’t let appraisals confuse you I get it. Appraisals can be confusing. That is why I wanted to take a minute this week to help explain what first time home buyers should know about the appraisal process. If you are a first time home buyer and have a question that is […]

 

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