FEMA Flood Maps Updated The Federal Emergency Management Agency (FEMA) recently made changes to their flood maps resulting in some properties being removed from flood hazard status and others being added. This updated information is important to know because it can result in additional costs for flood insurance if you have a mortgage on your […]
What can active and expired listings tell us about the real estate market?
August 19, 2014 By 5 Comments
Active and Expired Listings Tell Us About The Real Estate Market Most people are aware that appraisers look at homes that have recently sold when performing an appraisal, however there’s a lot more to the real estate market than closed sales. By looking at active and expired listings we can gain a more complete understanding […]
What is a “Head and Shoulders” inspection?
August 14, 2014 By 12 Comments
When doing an FHA appraisal inspection the appraiser is required to make a “Head and Shoulders” Inspection. I received a question this week about a topic that I think most homeowners and many real estate agents are not aware of regarding FHA appraisal inspections. Appraisers are required to report on what they see in the attic […]
So you want to start a real estate blog?
August 11, 2014 By 4 Comments
If you’re a real estate agent now is the perfect time to start a real estate blog. Check out how these 5 agents, 3 from the Birmingham, AL area, use blogs to enhance their business. You can get started by attending Wordcamp Birmingham this weekend.
Do smaller homes bring down the value of larger homes in a neighborhood?
August 1, 2014 By 4 Comments
If you’ve ever wondered if smaller homes bring down the value of larger homes in a neighborhood then you’ve come to the right place. I was asked this question recently and found there to be a misunderstanding of this situation. Every area and situation is different, but for the most part smaller homes in a […]
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