A Hot Real Estate Market Requires a Different Strategy If you’ve tried to buy a home recently you’ll know what I’m talking about when discussing a hot real estate market. Because it is so competitive most buyers are being encouraged by their real estate agents to come prepared to make an offer when looking at […]
Anatomy of a Sales Comparable
January 19, 2021 By 9 Comments
Importance of the Sales Comparable In the past, I have written extensively about sales comparables and their use within the appraisal report. I have explained what makes a good sales comparable and the process you should take in choosing them. The sales comparison approach is typically given the most consideration in the appraisal report. There […]
A Case of COVID, 2020, and Birmingham Real Estate
January 13, 2021 By 9 Comments
Happy New Year! It’s been a while since I posted, however, it was not by choice. At the beginning of December, I joined many others by getting COVID. My case was moderate, which I am thankful for. Even a moderate case can leave you fatigued and unable to do normal everyday activities. I am happy […]
What Is The Home Appraisal Timeline?
November 12, 2020 By 6 Comments
These Items Affect The Home Appraisal Timeline I recently wrote a blog post about the different reasons that it might take a while to get your appraisal back. This consisted of various issues that appraisers could run into that may add to the typical time frame. The items I discussed in the previous post may […]
5 Questions Your Appraiser Should Be Asking
October 28, 2020 By 5 Comments
Why Appraisers Ask Questions The main objective of the appraisal process is to research and discover as much about the subject property in order to determine its market value. The appraiser’s job is similar to that of a private investigator in that they must interview people, verify information, and gather vital facts about the property […]
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