I was speaking with a real estate agent friend recently about FHA appraisals and specifically about items that needed repair. Several years ago HUD made revisions to their guidelines regarding items that needed repair on an FHA purchase. I think they were attempting to make FHA loans more purchaser friendly because their requirements were much […]
Does the appraiser really have to look in my closets?
September 25, 2013 By 5 Comments
I was looking into my blog stats recently and ran across a question that someone had typed into their search engine that led them to my blog. The question was “Does the appraiser have to look into my closets? I thought this was such an interesting question that I decided to write a post about […]
What would Duck Dynasty’s Si say about the Birmingham Real Estate Market?
September 23, 2013 By 3 Comments
I think that Si, the crazy uncle from Duck Dynasty, would say “Birmingham’s on its way back Jack!” He would realize that while we are not out of the woods yet we are headed in the right direction. My family loves to watch Duck Dynasty and we can’t get enough of Si’s catchphrases, especially the […]
Don’t make this mistake when remodeling your basement
September 16, 2013 By 8 Comments
Have you ever wanted to build out your basement into some good livable space? How about a great home theater or a home office? These types of improvements can definitely add value to your home and give you more room to spread out and utilize the area in your home, if done the right way. […]
Where are appraisers allowed to get comps from?
September 13, 2013 By 6 Comments
I was speaking with a real estate agent recently and he mentioned to me that an appraiser, who was working on an appraisal of a house he was selling, told him that if he did not use comps from within the subdivision the house was located in he would get his license taken away. One […]
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