Using Housing Stats To Make A Market Based Offer I recently wrote about escalation clauses and how to avoid appraisal issues. I wrote about this because escalation clauses typically cause the contract price to be pushed up higher than the list price. I’m not saying that when this occurs that the contract price cannot be […]
How To Avoid Appraisal Issues When Using An Escalation Clause
September 8, 2020 By 6 Comments
What Is An Escalation Clause? Today’s real estate market in many areas could be described as tight, meaning that inventory is low and demand is high. This is exactly how it is in many areas of Birmingham, AL where I appraise. New listings are not staying on the market long before buyers write a contract. […]
Alabaster Home Sales Market Update
August 26, 2020 By Leave a Comment
How Are Alabaster Home Sales? It’s been a while since I have shared a comprehensive breakdown of Alabaster home sales so I thought now is as good a time as any. With the COVID-19 pandemic still raging its effect on single-family home sales is unfolding daily. In my real estate appraisal practice, I perform a […]
Will Defunding The Police Effect Home Values?
July 22, 2020 By 5 Comments
A Look At The Relationship Between Crime and Home Value Appreciation The big topic recently in national news is that of defunding the police. There are many views about this both pro and con, however, because I am in the real estate appraisal business it made me think about what effect doing this might have […]
Agents Should Do These 5 Things For FHA Appraisals
July 16, 2020 By Leave a Comment
Avoid Headaches With These 5 Tips For FHA Appraisals The market is hot and sales activity is increasing. If only we had more listings, right? I’ve noticed recently in this frenzy of activity that those in the real estate industry, including mortgage lenders, agents, and of course appraisers, seem to be burning the candle at […]
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