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 […]
The Media Is Now Confirming What Appraisers Have Been Reporting All Along
June 1, 2011 By 6 Comments
Top 5 Condition Items A Buyer Should Be Aware Of
May 8, 2011 By 7 Comments
I had an opportunity recently to speak with Jim Waddell of AB Home Inspections. Jim is a home inspector in the Birmingham, AL area. He provides home inspections for various reasons but the one I talked to him about was the services provided to home buyers. Jim does a lot of work with new home […]
Can A Pre-Listing Appraisal Be Used By The Buyer’s Lender?
March 31, 2011 By 3 Comments
I’ve done several pre-listing appraisals recently and I got a question the other day that I wanted to share with you. The homeowner wanted to know if a pre-listing appraisal could be used by the buyer’s lender to get their mortgage. The short answer to this is “no”, however this was not always the case. […]
Appraisals Are Not Just For Mortgage Financing: Non Traditional Uses
March 9, 2011 By 2 Comments
Most people only think about real estate appraisals when they are buying or refinancing a home. In truth real estate appraisals are used for many other “non traditional” uses. Appraisals are required any time the value of real estate is needed. The value may be as of the date it was inspected or it could […]
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