5 Reasons to get a pre-listing appraisal If I had to pick one part of my appraisal business that has increased over the last several years it would have to be pre-listing appraisals. A pre-listing appraisal is one performed before putting your home on the market for sale in order to get an accurate asking […]
A downloadable TRID info. sheet for FSBO sellers and real estate agents to provide to lenders
October 20, 2015 By 4 Comments
A downloadable TRID info. sheet for FSBO sellers and real estate agents For those that are not familiar with TRID I’ll give you a simple explanation. TRID stands for TILA/RESPA Integrated Disclosure Rule and it replaces HUD’s Truth-in-Lending disclosure & Good Faith Estimate. Without going into the details, it seeks to simplify the calculation and disclosure of […]
Why backup contracts are important in appraising
September 17, 2015 By 4 Comments
Why backup contracts are important in appraising I recently spoke at a local Birmingham, AL real estate office to a group of agents to help them understand appraisals better. One topic that came up was back up contracts. They did not know that this information could, and should, be provided to real estate appraisers. I […]
A helpful form for agents and sellers to provide to appraisers
September 14, 2015 By 8 Comments
A helpful form for agents and sellers to provide to appraisers If you’d like to be able to assist your appraiser in doing their job better, then the information I provide here is for you. With the implementation of the Uniform Appraisal Dataset (UAD) in recent years appraisers are responsible for including specific information pertaining […]
What qualitative analysis is and how agents can use it to price their listings
September 3, 2015 By 10 Comments
What qualitative analysis is and how agents can use it to price their listings If I were to pick one question that I get asked the most as an appraiser by real estate agents it would be regarding how much a certain feature of a home is worth. In other words they want to know […]
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