How Do Appraisers Qualify Comps?

Why You Should Qualify Comps The comparable selection process is more than just picking the three highest sales in the neighborhood and then taking their average. I’ve heard that 90% of doing an appraisal is picking the right comps and I tend to agree. I think it’s important for those in the real estate business […]

Common Questions Agents Ask The Appraiser

Confused About Appraisals? Check Out These 11 Common Questions Agents Ask The Appraiser This week I thought I would take a look at some of the questions I get asked by real estate agents. I hope that the answers that I have included here will help other agents as well. If you have a question […]

Do Birmingham Home Appraisers Set Local House Values?

How Do Birmingham Home Appraisers Come Up With Value? I’ve recently read in the news and seen people’s comments that question an appraiser’s influence on home values. In one recent congressional hearing a participant accused appraisers of being racist and holding down home values in predominantly black neighborhoods. I also read comments from an individual […]

A Handy Home Appraisal Checklist For Homeowners And Agents

A Home Appraisal Checklist Can Make Your Appraisal Go Smoother Are you a checklist person? Checklists help us to remember important things that we don’t want to forget. Wikipedia gives this definition for a checklist: “A checklist is a type of job aid used to reduce failure by compensating for potential limits of human memory […]

The Risks Of Waiving Your Home Appraisal

Considering Waiving Your Home Appraisal? Think Again. Did you know that with some home purchases you now have the option of waiving your home appraisal? Crazy, huh? Fannie Mae recently introduced Appraisal Waivers to some home buyers under some specific conditions. You can look up those conditions on the Fannie Mae website since I don’t […]

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