Good Comp or Not? Are all comparables (comps) created equal? This is a question I continually ask myself when reviewing sales for appraisal assignments I’m working on. This includes investor flips, our focus for discussion here. Depending on who you are, you may have a different understanding of what a comp is. I always tell […]
What Is The FHA Septic Tank Rule?
May 17, 2018 By 4 Comments
What Is A Septic Tank? For those who have not heard of what a septic tank is let me take a minute to explain. A septic tank is a private sewer system that services a house. Many homes are on a public sewer system, however, for rural areas or areas where the public sewer lines […]
4 Things Agents Can Do To Save Their FHA Buyers Money And Time
May 3, 2018 By 1 Comment
Do You Want To Save Your FHA Buyers Money and Time? This week I had a situation with an FHA appraisal assignment that I wanted to share with you. The thing that makes this one different from the others is that if it had been handled differently it would have saved the buyers money on […]
Do I Need a Pre-Purchase Appraisal?
April 27, 2018 By 8 Comments
What is a pre-purchase appraisal? Many of you may have read my posts in the past about pre-listing appraisals but this is the first time I’ve written about the pre-purchase appraisal. They sound similar but are they? Let me explain what they are and why I’m writing about them. A pre-purchase appraisal is not done […]
Birmingham First Quarter Sales & The Housing Shortage
April 20, 2018 By 2 Comments
Jefferson & Shelby County Sales Trends The first quarter of 2018 is now history so I thought I would take a look at how Birmingham home sales for 2018 in both Jefferson and Shelby County were affected by the housing shortage and see how they stack up to past years. I’m going to be looking […]
Let’s Connect