If you are in the market to sell your home the best thing you can do is to get a qualified appraiser to provide you with an appraisal of your home. This will ensure that the most accurate sales and listing information is used to give you the most precise value estimate. If you are […]
Ask The Appraiser: Can Pending Sales Be Used In An Appraisal?
July 14, 2011 By 12 Comments
I was asked a great question yesterday that I thought I would share with you. Can pending sales be used in an appraisal? The short answer is “yes”. Appraisers have three options for comparables. They include closed sales, active listings, and pending sales. The appraiser must use a minimum of 3 closed sales in the […]
FHA Repair Item…or Not?
July 5, 2011 By 4 Comments
I get a lot of questions about FHA appraisals and what types of repairs are required, and which ones are not. As I have stated in a previous blog post, most items of repair in an FHA appraisal are related to safety, soundness, and security. Some items will definitely need to be repaired before the […]
Getting Inside The Head of a Real Estate Appraiser: Tips To Make Your Appraisal Inspection Go Smoother
June 22, 2011 By 7 Comments
Have you ever needed to get an appraisal on your home and worried about what the appraiser looks at and considers important and what he doesn’t care about? It’s o.k. if you have felt this way, it’s a valid concern. Sometimes I feel that the appraisal profession is cloaked in a veil of secrecy and […]
Birmingham Alabama Appraiser : Hoover Alabama-Lake Crest Market Trends-2011 Update
June 20, 2011 By 2 Comments
I recently performed an appraisal in the Lake Crest subdivision of Hoover, Alabama and I wanted to share with you what I found. Lake Crest is located just off of Highway 150 and east of Shades Crest Road. This is a very convenient area in Hoover with close access to interstate 459 and Regions Park, […]
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