Understanding your local market As homeowners, it’s good to know a little bit about the market our home is located in. There’s no need to be a professional statistician but it’s really not necessary. There are a couple of real estate stats that are good to know as they can give us a feel for […]
5 Real estate stats homeowners should know and a Shelby County market update
August 22, 2017 By 4 Comments
How do you appraise an in-law suite?
July 13, 2017 By 30 Comments
A reader’s question about appraising homes with an in-law suite I was recently asked a question by real estate agent Tammy Anderson about how appraisers might appraise an in-law suite. She was specifically curious about whether a second kitchen and entrance might cause trouble in the valuation. If you have any further questions about an in-law […]
Is it the appraiser’s job to support value?
May 24, 2017 By 8 Comments
Is it the appraiser’s job to support value or report value? In Jonathan Miller’s Housing Notes blog post this past week he mentioned an article from the online version of the Denver post that is disheartening to appraisers. In the article, Denver real estate agent Steve Danyliw was quoted saying the following: “Agents are experiencing […]
Do I need a bankruptcy appraisal?
March 29, 2017 By 4 Comments
Bankruptcy appraisal provides proof of the value of your home If you are ever in the situation where you need to file for bankruptcy, and you own a home, you will probably need a bankruptcy appraisal. Choosing a qualified bankruptcy appraiser is important because there are a lot of moving parts in this process and […]
How old can an appraisal comp be?
March 22, 2017 By 6 Comments
Can’t find a good appraisal comp? A concern I often get from real estate agents is that there are no comps to price their listings. After I start discussing the situation with them and talking it through, it turns out that there are comps but you have to know where to look. Today I thought […]
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