Why backup contracts are important in appraising I recently spoke at a local Birmingham, AL real estate office to a group of agents to help them understand appraisals better. One topic that came up was back up contracts. They did not know that this information could, and should, be provided to real estate appraisers. I […]
A helpful form for agents and sellers to provide to appraisers
September 14, 2015 By 8 Comments
A helpful form for agents and sellers to provide to appraisers If you’d like to be able to assist your appraiser in doing their job better, then the information I provide here is for you. With the implementation of the Uniform Appraisal Dataset (UAD) in recent years appraisers are responsible for including specific information pertaining […]
What qualitative analysis is and how agents can use it to price their listings
September 3, 2015 By 10 Comments
What qualitative analysis is and how agents can use it to price their listings If I were to pick one question that I get asked the most as an appraiser by real estate agents it would be regarding how much a certain feature of a home is worth. In other words they want to know […]
Top 5 appraisal problems and solutions for homeowners
November 24, 2014 By 10 Comments
Top 5 appraisal problems and solutions for homeowners When speaking with homeowners I hear various complaints regarding appraisal problems. These typically have to do with issues that result in the home not appraising for what the owner thinks it should. I’m going to take a look at some of these complaints today and offer solutions […]
Birmingham’s highest price home sale of 2013 is most in 5 years
January 9, 2014 By Leave a Comment
No single home sale is a good indicator of the market, however they do give some insight into what is happening in the real estate market. While doing market research in the Birmingham, AL area I ran across a sale that occurred in 2013 that sold for $3,800,000, and because people seem to be interested […]
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