The Birmingham Area MLS recently released it first quarter sales figures and I have compiled a 1st Quarter Home Sales Report. The figures encompass the entire Birmingham Metro Area. In future posts I will break the numbers down for various locations that I am most active in, but for now I thought I would give […]
I’ve Got A Copy Of My Appraisal, Now How Do I Read It?
May 2, 2011 By 4 Comments
I received a call from a homeowner the other day about an appraisal I had done on the home they just purchased. They had gotten their copy of the report and was looking over it, but was having a hard time understanding where some information was, as well as what some of the abbreviations stood […]
The Value Of A House Is One Thing, The Value Of A Community Is Another
April 28, 2011 By 2 Comments
Wow. I am writing this one day after multiple deadly tornado’s travelled across several states, including my own state of Alabama, and which resulted in a record setting number of deaths and amount of destruction. We will not know the total number of lives lost until days or months from now. I write a lot […]
What You Will and Will Not Get When You Order An Appraisal From Tom Horn
April 26, 2011 By 4 Comments
I had a discussion with a customer this week that called me for an appraisal, that really surprised me. This was a homeowner who wanted to sell their home, and needed an appraisal to set an asking price. They had called several other appraisers and had to leave a message on an answering machine. The […]
FHA Appraisal Inspections Revisited- Crawlspace and Peeling Paint Under The Spotlight
April 22, 2011 By 6 Comments
FHA inspections encompass various items that must be inspected to qualify a home for financing by HUD (Housing and Urban Development). Two common items I wanted to discuss today are the crawlspace and peeling paint. For those homes with a crawlspace the home must be inspected for the presence of water that may be collecting […]
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