Will The Pleasant Grove, Alabama Tornadoes Have an Impact On Property Values?

I was in Pleasant Grove, Alabama yesterday working on an appraisal for an insurance company.  Everybody says that the pictures you see on television do not do justice to the magnitude of destruction these tornadoes caused, and I agree.  Homes were ripped from their foundations and trees were uprooted as the massive tornado made its […]

The Media Is Now Confirming What Appraisers Have Been Reporting All Along

When I first got into the appraisal profession the guy I learned from would always say: “Appraisers don’t make value, they report it”.  This is more true today than ever before.  Appraisers have been getting a lot of bad press, especially recently, because we are being accused of killing deals.  In my opinion, which I […]

Happy Memorial Day and Past Week Round Up- Blog Posts Worth Repeating

Well, today is Memorial Day, a time when we give thanks to those that have served our country.  I just wanted to say “Thank You” to all of those that have served in the past, are currently serving, and to those that have paid the ultimate price for freedom.  If it were not for you, […]

How to Appeal Your Birmingham, AL Property Taxes

I looked at some appraisals I recently completed and found that 7 out of 10 homes were over assessed.  Property taxes are based on the market value of your home and the market value of your home is determined by looking at what other homes have sold for in your area.  If your home has […]

FHA Appraisal Inspections Revisited- Crawlspace and Peeling Paint Under The Spotlight

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 […]

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