Have you ever wondered if a house would pass an FHA appraisal inspection? FHA does have more stringent appraisal guidelines than conventional loans but if you know what to look for then you can be ready before any problems come up. I have included some of the top problems I have seen in my 20+ […]
Could Alabama Appraisers Be In Violation Of State Law?
October 13, 2011 By 4 Comments
Do you do work for Appraisal Management Companies (AMC’s)? If you do and they are not registered with the Alabama Real Estate Appraisers Board, you could be subject to discipline. As of October 1, 2011 any AMC’s doing business in Alabama must register with the state. Pursuant to §34-27A-20(a)(9) of the Alabama Real Estate Appraisers […]
Will Alabama Property Assessments Ever Include Foreclosure Sales?
September 28, 2011 By 2 Comments
In the past Alabama has stated that they will not utilize foreclosure sales when assessing properties. They claim that they must use market driven sales. In many areas of the Birmingham, Alabama market foreclosures are playing a big part due to the large number compared to normal sales. In fact the national news states that […]
What I’ve Learned in My First Year of Blogging
September 22, 2011 By 9 Comments
Technically speaking it has been about 18 months since I started blogging but “My First Year” sounded better so that’s what I went with. If there was one phrase that summarized my experience during this time it would be “slow and steady wins the race”. It has been a time of learning new things, meeting […]
The Good, The Bad, and The Ugly in Shelby County Home Sales
August 3, 2011 By 4 Comments
You may wonder what I am referring to when I state “The Good, The Bad, and The Ugly in Shelby County Home Sales”. I am referring to new home sales, foreclosure sales, and the percentage of foreclosures compared to total sales activity in the Shelby County, Alabama area. By looking at these figures we can […]
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