FHA appraisals need to be completed subject to a termite inspection. This article explains the FHA/HUD requirements and how they have been misunderstood.
Appraisal term of the day: Effective Age
February 18, 2014 By 4 Comments
Impress Your Friends With This Cool Appraisal Term So you’ve put a lot of money and hard work into your home to make it look better in order to list it for sale, now what? People ask me all the time how these improvements in their home are considered by the appraiser so I thought […]
Clearing the air- A look at exactly what real estate agents and appraisers can talk about
December 6, 2013 By 4 Comments
It seems there is still some confusion about what real estate agents and real estate appraisers can talk about. Many believe that there can be no discussion between the two and others still have no idea that it is unethical to suggest to an appraiser that a home should appraise for a certain amount. The […]
5 questions a Realtor should ask the appraiser before setting up the appraisal inspection
November 12, 2013 By 6 Comments
Over the past several years appraisers and real estate agents have had a confusing relationship. When I say this I am mainly talking about an agents understanding of exactly what they can and cannot talk to an appraiser about. I thought I would approach this topic from a qualifications point of view and look at […]
5 questions you must ask yourself before getting an appraisal
October 25, 2013 By Leave a Comment
I had a reader email me a question last week asking why they should get an appraisal on their home, and I want to share with you the answer I gave them with the hope that it can help you make a similar decision. This person asked me “Why do I need to get an […]
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