An Accurate ARV Is Critical For Investors For real estate investors who are interested in buying and flipping houses for a profit an accurate ARV is critical. In this post, we are going to discuss what the After Repair Value (ARV) is and how investors can go about getting the most accurate ARV so their […]
5 Appraisal Blog Posts Every Real Estate Agent Should Read
July 18, 2018 By 9 Comments
Success Through Knowledge I just realized I’ve been writing Birmingham Appraisal Blog for eight years. When I started the blog I had high hopes of creating a helpful and educational resource for anyone needing to know about how and why appraisers do what they do. Most people do not need this type of information on […]
How agents can sell their listing to the appraiser
July 12, 2018 By 10 Comments
Do Agents Have to Sell Twice? I hear agents say that they have to sell their listings twice. The first time it is to a potential buyer of the property and the second time it’s to the appraiser. Today I’m going to share with you how agents can sell their listing to the appraiser so that […]
What is an appraisal contingency and why is it more important now than ever?
June 29, 2018 By 6 Comments
What is an Appraisal Contingency? For those not familiar with what an appraisal contingency is let me give you a simple explanation. An appraisal contingency gives you a way out of a legally binding contract should the home you are purchasing not appraise for at least the contract price. If you are purchasing a home […]
9 Home Measurement FAQ’s For Agents
June 22, 2018 By 7 Comments
Correct Home Measurement Can Prevent Mistakes This week, while working on appraisals, I had a couple of situations where the real estate agents for two homes I was appraising used the incorrect square footage in their listings. If they would have known the guidelines for home measurement this could have been avoided. The first situation […]
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