The “Subject To” appraisal is one that many people do not understand, so I thought I would share with you today a situation in which a “Subject To” appraisal could have saved the homeowner thousands of dollars. A “Subject To” appraisal is one in which the value is based on a what a home will […]
Avoid these 5 problems to help your home appraise for top dollar
October 29, 2012 By 2 Comments
In my adventures as a real estate appraiser in Birmingham, Alabama I have seen a lot of things that decrease the value of your home. I thought I would share with you 5 problems I have seen recently so that you can avoid these value killers. Moisture stains on your ceiling is a good sign […]
What’s the value of a pool in my neighborhood?
April 4, 2012 By 4 Comments
This is a question you may have asked yourself at some point. Have you ever dreamed of having one built but don’t know it’s value in your area? Every neighborhood is different, and some areas will give you a bigger return on your investment than others. Swimming pools are always used by appraisers as examples […]
Are these FHA required repairs?
January 20, 2012 By 6 Comments
I was doing some work recently for a novice property investor and he was asking me some questions about FHA required repairs. He wanted to prepare the house he just purchased so that if the buyers were going to use FHA financing there wouldn’t be any issues at the last minute to hold up the […]
FHA Repair Item…or Not?
July 5, 2011 By 4 Comments
I get a lot of questions about FHA appraisals and what types of repairs are required, and which ones are not. As I have stated in a previous blog post, most items of repair in an FHA appraisal are related to safety, soundness, and security. Some items will definitely need to be repaired before the […]
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