ANSI Standard Now A Requirement In case you haven’t heard, Fannie Mae announced in December that starting on April 1, 2022, they will require the ANSI measurement standard to be used on all properties they purchase. This requirement is for homes that require an interior and exterior inspection. The floorplan sketch must be computer generated […]
What The New ANSI Standard Requirement Means For Appraisers and Agents
January 27, 2022 By 7 Comments
Agents, Are You Using Tainted Sales In Your CMA’s?
January 20, 2022 By 4 Comments
Avoid Tainted Sales and Price More Accurately It’s a proven fact that if a house is priced correctly it will sell. If it’s not, then it could take longer to sell and the final sale price may be lower than it normally would be. Using legitimate sales is key in pricing a home correctly in […]
What is the Principle of Substitution in Appraisal?
January 12, 2022 By 12 Comments
Are You Familiar With The Principle of Substitution? When appraising homes, appraisers rely on various methods and approaches to arrive at an educated and market-supported opinion of value. Today I would like to discuss one of the basic principles that appraisers learn when training to become an appraiser that influences these methods and approaches, and […]
The Preserve- Hoover, AL Real Estate Market Update
December 21, 2021 By 2 Comments
The Preserve Housing Update: 2021 I recently completed a home appraisal in The Preserve neighborhood in Hoover, AL, and I thought I would share with you some housing stats. The Preserve is located next to Moss Rock Preserve which is a 350-acre nature preserve with large rock formations, streams, waterfalls, and other unique features. Hoover […]
Should You Trust An Algorithm For Your Home’s Value?
November 18, 2021 By 11 Comments
Zillow Takes One On The Chin In case you’ve been living under a rock lately and haven’t heard, Zillow is getting out of the home-flipping business. They recently announced they would no longer be involved in purchasing and reselling homes and they would shut down the Zillow Offers service. Their announcement was a shock to […]
Let’s Connect