A Closer Look At Days On Market Being an appraiser I often get asked off the cuff what I think someone’s house is worth. Appraising is much more than a guess at value, but that is exactly what people want when they ask this question. Similar to when someone asks a mechanic what they think […]
What Is The FHA Rule For Plumbing?
May 2, 2019 By 4 Comments
A Look At The FHA Rule For Plumbing I had an FHA appraisal this week where I ran into some problems that I want to share with you. I’m doing this because I thought that agents might benefit from knowing the FHA rule for plumbing to help prevent possible delays in the appraisal process as […]
A Look At Home Sales In Birmingham’s Eastlake Neighborhood
April 25, 2019 By 2 Comments
Will Eastlake Be The Next Hot Market In Birmingham? Over the last several years home sales within Birmingham have generally been on the upswing. While you always have certain segments of every market that tend to lag behind you also have those areas that follow the general trend of the area. In the past, Birmingham’s […]
Is The Agent Liable If No Appraisal Is Done?
April 11, 2019 By 7 Comments
What Do You Mean I Don’t Need An Appraisal? With the growing trend of non-traditional appraisal products such as Property Inspection Waivers (PIW’s) as well as cash sales, a question that has been raised is whether real estate agents can be held liable if no appraisal is done. Today I’m going to discuss the concerns […]
7 Things Buyers Should Know About PIW’s & Hybrid Appraisals Or You’re Screwed
April 3, 2019 By 8 Comments
Caveat Emptor I’ve been writing about property inspection waivers (PIW’s) and hybrid appraisals recently and thought I would highlight some of the most important things that buyers should know to protect themselves. If you are curious about what PIW waivers and hybrid, or bifurcated appraisals are, check out my earlier posts. Today I want to […]
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