Things agents do that appraisers hate

Things agents do that appraisers hate For the most part I haven’t had any major problems with most of the real estate agents I communicate with during my job as a real estate appraiser. With that being said, there have been instances where my peers have shared various things agents do that appraisers hate so […]

What is an appraisal review and why are they important?

What is an appraisal review? An appraisal review is pretty much what it sounds like. It is a “review” of an appraisal report that is done to make sure it meets specific underwriting guidelines and is usually part of a lender’s quality control program. If you’ve ever wondered who checks up to see if the […]

Appraisers, are you a trusted resource?

Serving the public as a trusted resource of information A call this week from an out of state homeowner prompted me to write this post today. Actually, it was not just this particular call but the culmination of many that got me to thinking that many appraisers may not be doing all they can to […]

Why agents shouldn’t bracket by price alone

What happens when you bracket by price alone Anyone that has read my blog for any length of time will know that I encourage real estate agents to bracket comps when arriving at a list price to sell. The practice of bracketing more closely resembles what real estate appraisers do and helps to prevent deals […]

What is the FHA rule for swimming pools?

A closer look at the FHA rule for swimming pools I had a discussion this week with a local Birmingham, AL real estate agent about the FHA rule for swimming pools because the house he was selling had a pool and they were not sure how FHA would look at the fact that there was not a […]

 

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