So I thought I would share with you my latest findings for the Greystone Development in Birmingham, AL. Greystone is located in the Hoover area of Birmingham, in north Shelby county. Over the past 12 months the mean sales price of all homes in this subdivision has varied due to the type of homes that […]
What Red Flags Can Kill A Birmingham, AL Area FHA Appraisal?
October 18, 2011 By 2 Comments
Have you ever wondered if a house would pass an FHA appraisal inspection? FHA does have more stringent appraisal guidelines than conventional loans but if you know what to look for then you can be ready before any problems come up. I have included some of the top problems I have seen in my 20+ […]
Could Alabama Appraisers Be In Violation Of State Law?
October 13, 2011 By 4 Comments
Do you do work for Appraisal Management Companies (AMC’s)? If you do and they are not registered with the Alabama Real Estate Appraisers Board, you could be subject to discipline. As of October 1, 2011 any AMC’s doing business in Alabama must register with the state. Pursuant to §34-27A-20(a)(9) of the Alabama Real Estate Appraisers […]
Will Alabama Property Assessments Ever Include Foreclosure Sales?
September 28, 2011 By 2 Comments
In the past Alabama has stated that they will not utilize foreclosure sales when assessing properties. They claim that they must use market driven sales. In many areas of the Birmingham, Alabama market foreclosures are playing a big part due to the large number compared to normal sales. In fact the national news states that […]
What I’ve Learned in My First Year of Blogging
September 22, 2011 By 9 Comments
Technically speaking it has been about 18 months since I started blogging but “My First Year” sounded better so that’s what I went with. If there was one phrase that summarized my experience during this time it would be “slow and steady wins the race”. It has been a time of learning new things, meeting […]
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