I was doing some appraisal work in Vestavia Hills, Alabama this past week and ran across the Miller Hill Subdivision. This is a newer subdivision with new construction. I’ve reported in the past about the slow market for new construction, so when I see it I like to let people know the good news. It […]
Signs of Real Estate Life In Vestavia Hills, Alabama-Miller Hill Subdivision
November 4, 2011 By 6 Comments
Which Of These Houses Does Not Conform?
October 31, 2011 By 2 Comments
Appraisers talk about conformity when describing houses that do not “fit in” to the neighborhood. Sometimes this can be subjective but you can usually tell when it has occurred. Neighborhoods have certain characteristics relating to price range, house style and various other factors. Some times house style and price range intersect and you have an […]
Dude, Where’s My Porch?
October 27, 2011 By 3 Comments
Remember the movie “Dude, Where’s My Car?”, with Ashton Kutcher? I didn’t think so, it was not very memorable. These days Ashton Kutcher has more things to worry about than bad movies from his past, but the movie did come to mind when I saw this house. As you can see, it is missing […]
What Red Flags Can Kill A Birmingham, AL Area FHA Appraisal?
October 18, 2011 By 2 Comments
Have you ever wondered if a house would pass an FHA appraisal inspection? FHA does have more stringent appraisal guidelines than conventional loans but if you know what to look for then you can be ready before any problems come up. I have included some of the top problems I have seen in my 20+ […]
Could Alabama Appraisers Be In Violation Of State Law?
October 13, 2011 By 4 Comments
Do you do work for Appraisal Management Companies (AMC’s)? If you do and they are not registered with the Alabama Real Estate Appraisers Board, you could be subject to discipline. As of October 1, 2011 any AMC’s doing business in Alabama must register with the state. Pursuant to §34-27A-20(a)(9) of the Alabama Real Estate Appraisers […]
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