FHA inspections encompass various items that must be inspected to qualify a home for financing by HUD (Housing and Urban Development). Two common items I wanted to discuss today are the crawlspace and peeling paint. For those homes with a crawlspace the home must be inspected for the presence of water that may be collecting […]
FHA Appraisal Inspections Revisited- Crawlspace and Peeling Paint Under The Spotlight
April 22, 2011 By 6 Comments
Top 5 Websites I Use In My Appraisal Business
March 28, 2011 By 4 Comments
Today’s real estate appraisers utilize the internet more than ever. It use to be that most of the information we would use in a report would be available from information sources that we purchased and kept in our offices, however a lot of this data is now online. One good example of this is flood […]
FHA Appraisal Red Flag: Water In The Basement
February 16, 2011 By 2 Comments
I recently did an inspection on a property that was being purchased with FHA financing. I’m always asked by real estate agents, buyers, sellers, and mortgage lenders, “what do you look for when you do an FHA appraisal compared to a conventional one?” One of the items we look for is moisture in either the […]
What Is A.G.D.A. And Why Is It Important?
February 14, 2011 By 6 Comments
People outside of the Birmingham, Alabama market area may not know what A.G.D.A. is but they would probably understand its importance. A.G.D.A. stands for Appraiser Group Data Association. It consists of a group of real estate appraisers in the Birmingham metro area that collects data on homes they appraise and share it with one another. […]
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