Appraisers Research and Analyze The Market Most agents in the Birmingham, Alabama market where I work are great about answering any questions I have about their listings. It’s an appraiser’s job to mimic what a detective might do when they are researching information to help them understand the facts of a case so we tend […]
Agents, Are You Using Tainted Sales In Your CMA’s?
January 20, 2022 By 4 Comments
Avoid Tainted Sales and Price More Accurately It’s a proven fact that if a house is priced correctly it will sell. If it’s not, then it could take longer to sell and the final sale price may be lower than it normally would be. Using legitimate sales is key in pricing a home correctly in […]
Desktop Appraisals: Pros and Cons
October 27, 2021 By 6 Comments
Are Desktop Appraisals the Answer? The big news in the real estate, mortgage lending, and appraisal industry is desktop appraisals. In a recent announcement, FHFA Acting Director Sandra Thompson revealed that both Fannie Mae and Freddie Mac will continue to allow appraisals to be conducted remotely. This was very happy news for all of the […]
8 Interesting Things Appraisers Notice About Your Home
September 8, 2021 By 5 Comments
Some Things Appraisers Notice May Surprise You The appraiser arrives at your house and introduces themselves. He or she tells you they will start on the outside of your home by taking some measurements and then look at the inside. During this process, which can take anywhere from 30 minutes to several hours depending on […]
5 More Random Thoughts From An Appraiser
July 28, 2021 By 8 Comments
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 […]
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