Birmingham Appraisal Blog

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Entries Tagged as 'Appraisal'

A Man’s Home Is His Castle, Right?

April 11th, 2011 by Tom Horn · 4 Comments · Photos From The Field

We’ve all heard the old saying that a man’s home is his castle, right?  This was exactly what I thought of when I saw this house in Shelby County, Alabama. It got me to thinking about personal taste and  how that may translate into how others may feel about architectural styles that are atypical.  Do [...]

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Can A Pre-Listing Appraisal Be Used By The Buyer’s Lender?

March 31st, 2011 by Tom Horn · 2 Comments · FAQ's, FSBO Tips, marketing, Realtor Tips

I’ve done several pre-listing appraisals recently and I got a question the other day that I wanted to share with you.  The homeowner wanted to know if a pre-listing appraisal could be used by the buyer’s lender to get their mortgage.  The short answer to this is “no”,  however this was not always the case.   [...]

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What Is A.G.D.A. And Why Is It Important?

February 14th, 2011 by Tom Horn · 3 Comments · Appraisal

People outside of the Birmingham, Alabama market area may not know what A.G.D.A. is but they would probably understand its importance.  A.G.D.A. stands for Appraiser Group Data Association.  It consists of a group of real estate appraisers in the Birmingham metro area that collects data on homes they appraise and share it with one another.  [...]

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Are You Secretly Under Surveillance?

January 13th, 2011 by Tom Horn · 16 Comments · Appraisal

Have you recently moved into your dream home in a great neighborhood, only to find out that you are secretly under surveillance?  Have you looked out your windows to see someone taking pictures of your home?  Do they speed off when they see you so they can’t be caught?  You may consider it a fluke [...]

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Birmingham Alabama Appraiser : Hoover Alabama-Greystone Market Trends-2010 Update

January 6th, 2011 by Tom Horn · 2 Comments · Market Trends

I recently did some market research in the Greystone development of Hoover, Alabama for an appraisal assignment I am working on.  This development is one of the more popular subdivisions in the Hoover, Alabama market.  The neighborhood surrounds a championship golf course that has hosted The Seniors Tour in the past.  Although the Greystone development [...]

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The Big Peach Tower in Clanton, Alabama

July 17th, 2010 by Tom Horn · 2 Comments · Photos From The Field

I got the chance to head down to Clanton, Alabama recently.  I have had a lot of work lately in quite a few different places and last week I had an assignment in Clanton.  In case you don’t know, Clanton produces some of the best tasting peaches around.  You can buy these peaches from any [...]

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What Happened to This House in Pelham, Alabama?

April 27th, 2010 by Tom Horn · 8 Comments · Photos From The Field

I see a lot of things as a real estate appraiser while I am out working and thought I might share some of them.  It is not uncommon to see homes being moved, but while I was out this week I saw this home in Pelham, Alabama, which appears to be the top half of [...]

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Are Outbuildings Included in an Appraisal?

April 26th, 2010 by Tom Horn · 7 Comments · Appraisal, Appraisal Tips

I got a call from a client recently asking this question.  As I told him, any type of improvement which is permanently attached to the land is included in the appraisal.  For outbuildings this would include barns and butler type buildings. Some storage buildings which are smaller and are not on permanent foundations would not [...]

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FHA Tip: Turn The Water On To Save Your Borrower Money

March 14th, 2010 by Tom Horn · 4 Comments · Appraisal Tips

I recently did an FHA appraisal on a property.  The home was relativily new so there were not major issues with peeling paint, inadequate electrical service, or other typical concerns.  The only issue was the fact that the water had not been turned on.  The property was a foreclosure so this is not untypical, however [...]

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The Pre-Listing Appraisal: A Smart Choice in Today’s Market

March 1st, 2010 by Tom Horn · No Comments · Appraisal

People may think that I believe this because I am an appraiser, but it truly makes sense.  I have seen it happen numerous times.  A house is selling and everything has been done: contract, title, home inspection, etc. and the last thing is the appraisal.  Unfortunately sometimes the value just isn’t there, and the deal [...]

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