5 Reasons Why Your House Didn’t Appraise For What You Thought it Should

Have you ever gotten an appraisal back on your home for a refinance (or sale) and found that it did not appraise for what you thought it should?  Unfortunately this does occur on occasion.  You may chuckle and say this occurs more times than not and you may think the appraiser is just a “deal […]

Birmingham, Alabama Home Sales-Least Expensive Home Sale in October-2010

In the past I have been telling you about the most expensive home sale in the Birmingham, Alabama area, however this month I thought I would look at the opposite end of the price range and look at the least expensive home sale. Foreclosures are all over the news now, and as you may surmise, […]

HVCC One Year Later:Are We Better Off?

Well, its been almost one year since HVCC has been in effect (come May 1, 2010 it will be 1 year).  The question everybody is asking is: Are we better off?  From my own experience as an appraiser I have to say “No”.  Since the HVCC was put into motion I have seen average appraisal […]

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

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 […]

Realtor Tips For FHA Appraisals

In recent months FHA financing has been on the increase.  With the decline of the sub prime lending market, and related creative financing programs, many lenders have been offering FHA loans to many homeowners for refinancing and home purchases.  Current FHA requirements are not as stringent as they once were.  If you are interested in […]

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