A Closer Look At The Bifurcated Appraisal They go by various names including hybrid and bifurcated appraisal but they have one thing in common: they are being touted as the next best thing since sliced bread. Why are lenders so excited about them? They’ve been promoted for lowering the cost and shortening the turn around time […]
The Most Expensive Birmingham Home Sale For 2018
January 29, 2019 By 2 Comments
The Most Expensive Birmingham Home Sale Is Nothing Like New Yorks Have you heard about the recent sale in New York that set the record for the highest sale in U.S. history? Ken Griffin, who is a billionaire hedge fund manager, purchased a 23,000 square foot penthouse in Central Park for $238,000,000. That’s a little […]
Are Builder Premiums Really Worth What They Charge?
January 22, 2019 By 4 Comments
How Appraisers Handle Builder Premiums Have you ever built a new home and had the builder inform you that the lot had a premium on it because of where it was located? Or did they tell you that there was an upgrade package that increased the cost? Today I thought I would discuss how appraisers […]
Birmingham Real Estate Market Update-2018 vs 2017
January 17, 2019 By 4 Comments
So How Was The Birmingham Real Estate Market In 2018? So 2018 is in the rearview mirror and 2019 is ahead of us. Before the Birmingham real estate market heats up I thought I would review how 2018 compared to the previous year. Home sellers and buyers can benefit from knowing what’s happening in the […]
What Is A Quality Home Appraisal?
January 10, 2019 By 9 Comments
Is A Quality Home Appraisal In The Eye Of The Beholder? Have you heard the phrase “beauty is in the eye of the beholder”? I think that some people may feel the same way about real estate appraisals but that would be a mistake. Is quality also in the eye of the beholder? Today I […]
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