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 […]

5 House Flipping Tips From a Birmingham Home Appraiser

House Flipping Tips From a Birmingham Home Appraiser By learning these house flipping tips from a Birmingham home appraiser you can avoid common mistakes made by investors. While I’m not a home-flipping expert I am an appraiser that has seen numerous mistakes by home flippers that could have been avoided if they had known some […]

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 […]

 

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