Are vapor barriers still required in FHA appraisals? I received a message this week from a reader who is selling their home with possible FHA financing. The real estate agent mentioned to the seller that they would probably need a vapor barrier installed underneath the house, but they weren’t sure. Let’s take a look at […]
5 Things the agent can share with the appraiser to help with the appraisal
May 26, 2015 By 12 Comments
5 Things the agent can share with the appraiser to help with the appraisal Often times during the appraisal process the real estate agent feels helpless with regard to how the appraisal will turn out. There are things however that they can do to help the appraiser provide the most complete and accurate appraisal and […]
Silver Creek subdivision- Alabaster, AL real estate market report 2015
May 22, 2015 By 4 Comments
Silver Creek subdivision- Alabaster, AL real estate market report 2015 The Silver Creek subdivision is located in Alabaster, Alabama in north Shelby County. This development offers a community pool, clubhouse, and homeowner association. From data supplied by the Birmingham MLS the following statistics reflect sales activity from April 1, 2014 to April 30, 2015: Median […]
Drive-by appraisal vs Interior appraisal, which is best?
May 19, 2015 By 12 Comments
Drive-by appraisal vs Interior appraisal, which is best? Everybody likes to save money, right? If you are getting a loan to borrow against the equity in your home, and you want the most cash possible, then a drive by appraisal may not be the answer. Getting a drive-by appraisal may be less expensive than a […]
When is it okay NOT to use sales in the same subdivision?
May 12, 2015 By 8 Comments
When is it okay NOT to use sales in the same subdivision? One of the questions or topics I get asked about a lot from real estate agents is about how to pick the best sales to price a home. There seems to be a lot of confusion about how old the sale is (the […]
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