A downloadable TRID info. sheet for FSBO sellers and real estate agents to provide to lenders

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

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

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

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 […]

New real estate agent appraisal resource guide

New real estate agent appraisal resource guide As an appraiser I often get asked questions by real estate agents that are curious about why and how appraisers do their job. I enjoy speaking at agent’s offices to help them understand the process so that they are able to perform their jobs better. It is my […]

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