A local Birmingham home appraiser can prevent problems Have you ever had an appraisal on your Birmingham area home for a refinance or purchase only to find out the appraiser was not local? An appraiser who is not local can create problems that may result in a negative appraisal. Today we’re going to discuss five […]
What is gross living area in an appraisal?
September 13, 2017 By 19 Comments
What’s the big deal with gross living area? There is a direct correlation between the amount of gross living area in your home and its market value. If everything else is the same, a home with greater square footage (gross living area) will typically be worth more. During an appraisal, the appraiser will take measurements […]
What first time home buyers should know about the appraisal process
July 27, 2017 By 5 Comments
First time home buyers: Don’t let appraisals confuse you I get it. Appraisals can be confusing. That is why I wanted to take a minute this week to help explain what first time home buyers should know about the appraisal process. If you are a first time home buyer and have a question that is […]
How agents can use multiple offers to help the appraiser
July 20, 2017 By 12 Comments
Got multiple offers? I think agents are missing out on a secret weapon at their disposal. What is the secret weapon your ask? Multiple offers. As you probably know, multiple offers can occur during the sale of a home when more that one party wants to purchase the property. This can occur when the number […]
How do you appraise an in-law suite?
July 13, 2017 By 30 Comments
A reader’s question about appraising homes with an in-law suite I was recently asked a question by real estate agent Tammy Anderson about how appraisers might appraise an in-law suite. She was specifically curious about whether a second kitchen and entrance might cause trouble in the valuation. If you have any further questions about an in-law […]
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