I got a phone call out of the blue last week from a person who had recently had their home appraised for a refinance loan. The bank had given him a copy of the home appraisal, and after looking at it wondered why the appraiser had not included his fully finished basement. He wanted to […]
I’m participating in a Birmingham, AL home selling seminar this month
April 6, 2012 By 2 Comments
I just wanted to share with you that I have been asked to participate in a home selling seminar this month in the Birmingham, AL area. Terry Crutchfield with RE/Max Advantage is putting it on and has asked me to talk about recent market trends in the Birmingham, AL area and the latest in appraisal […]
What’s the value of a pool in my neighborhood?
April 4, 2012 By 4 Comments
This is a question you may have asked yourself at some point. Have you ever dreamed of having one built but don’t know it’s value in your area? Every neighborhood is different, and some areas will give you a bigger return on your investment than others. Swimming pools are always used by appraisers as examples […]
An interesting trend in the Birmingham, Alabama real estate market
February 13, 2012 By Leave a Comment
I have noticed an interesting trend in the Birmingham, Alabama real estate market. The trend involves the segmentation of the market in various areas, but mainly where foreclosure activity is prevalent. I noticed it most recently in the Centerpoint area of Birmingham. The segments include the following: foreclosures “normal sales” and flip properties The “normal” […]
10 reasons NOT to get a pre-listing appraisal
February 8, 2012 By 15 Comments
1. It costs too much money- Really? If you think about the fact that by pricing the home correctly you could cut the marketing time down and reduce marketing costs, this becomes a no brainer. In addition, the modest cost would probably not exceed future price reductions that you may need because it was priced […]
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