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