5 More Random Thoughts From An Appraiser

The Wheels Are Still Turning In My Head In my last post, I shared some random thoughts that were going through my mind. Some of them were inspired by the things that are happening in the real estate market we are currently in. It seems that the wheels are still turning so I decided I […]

7 Tips To Avoid Appraisal Problems In Today’s Crazy Real Estate Market

How To Avoid Appraisal Problems Before They Become Problems I have heard numerous stories recently about houses not appraising for the contract amount. How could this be if the market is so hot? Today I’m going to discuss possible ways to avoid appraisal problems in today’s crazy market. Please keep in mind these are my […]

Overbidding in a Hot Real Estate Market

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 […]

7 Characteristics of Good Sales Comparables

What To Look For In Good Sales Comparables I’ve heard it said that 99% of coming up with an accurate value estimate in an appraisal or pricing a home is getting the right sales comparables. If you don’t do this in the beginning everything else you do amounts to nil. The whole idea of using […]

Appraiser’s Tips For Making A Market Based Offer

Using Housing Stats To Make A Market Based Offer I recently wrote about escalation clauses and how to avoid appraisal issues. I wrote about this because escalation clauses typically cause the contract price to be pushed up higher than the list price. I’m not saying that when this occurs that the contract price cannot be […]

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