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 […]
Do smaller homes bring down the value of larger homes in a neighborhood?
August 1, 2014 By 4 Comments
Why sellers are shooting themselves in the foot if they use the Zillow “zestimate” to price their home
July 29, 2014 By 5 Comments
I’ve written about the Zillow “zestimate” in the past and how inaccurate it can be. It amazes me how Zillow can get away with publishing home value ‘zestimates” that are so far off they couldn’t hit the broad side of a barn. Once again I am reminded of the old adage “garbage in, garbage out” […]
What is the difference between a refinance appraisal and purchase appraisal?
July 22, 2014 By 41 Comments
This week I got a call from a person asking me what the difference between a refinance appraisal and purchase appraisal was because they wanted to use the refinance appraisal to help them sell their home. This was a very good question that I’ve been asked often over the years. Different Use, Different Value? Some […]
Can you give me a copy of my appraisal report Mr. Appraiser?
July 17, 2014 By 60 Comments
Appraiser Tom Horn explains where the homeowner can get a copy of their appraisal report. It’s not as simple as it sounds.
Anatomy of an appraisal report
July 15, 2014 By 1 Comment
Appraiser Tom Horn explains how to read and understand a residential real estate appraisal form. From the subject property to the comps he’ll show you where it’s at and helps you make sense of it.
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