Why do appraisers need to analyze the sales history of the property they’re appraising?

Why do appraisers need to analyze the sales history of the property they’re appraising? During an appraisal assignment this week I was speaking with an agent who was re-selling a home they had first sold two years ago. Whenever I have the opportunity to meet with an agent during my visit to the property I […]

Riverchase subdivision- Hoover, AL real estate market report August 2015

Riverchase subdivision- Hoover, AL real estate market report August 2015 The Riverchase subdivision is located in both Jefferson and Shelby counties in Hoover, Alabama. The subdivision is built around an 18 hole golf course that is part of the Riverchase Country Club. Also included are tennis courts, an olympic size swimming pool, and clubhouse. This […]

10 Appraisal terms you should know

10 Appraisal terms you should know If you’ve ever gotten a home appraisal for either a home equity loan, refinance, or home purchase you may have looked over it and wondered what some of the terms used mean. Today I thought I would share 10 appraisal terms you should know in the hopes that it will […]

Five things you must do after getting your appraisal

Five things you must do after getting your appraisal Whether getting an appraisal for a refinance, equity loan, home purchase, or to set a list price there are five things you must do after getting your appraisal. The things I will be discussing today will help you to save time and money in one way […]

Does the reason for the loan determine the home’s value?

Does the reason for the loan determine the home’s value? I was speaking at a local real estate office recently and was asked an interesting question. I thought I would share it with you along with my answer because I’m sure others may have wondered the same thing. The agent asked “does the reason for the […]

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