What Red Flags Can Kill A Birmingham, AL Area FHA Appraisal?

Have you ever wondered if a house would pass an FHA appraisal inspection?  FHA does have more stringent appraisal guidelines than conventional loans but if you know what to look for then you can be ready before any problems come up.  I have included some of the top problems I have seen in my 20+ […]

Could Alabama Appraisers Be In Violation Of State Law?

Do you do work for Appraisal Management Companies (AMC’s)?  If you do and they are not registered with the Alabama Real Estate Appraisers Board, you could be subject to discipline.  As of October 1, 2011 any AMC’s doing business in Alabama must register with the state.  Pursuant to §34-27A-20(a)(9) of the Alabama Real Estate Appraisers […]

Will Alabama Property Assessments Ever Include Foreclosure Sales?

In the past Alabama has stated that they will not utilize foreclosure sales when assessing properties.  They claim that they must use market driven sales.  In many areas of the Birmingham, Alabama market foreclosures are playing a big part due to the large number compared to normal sales.  In fact the national news states that […]

The Good, The Bad, and The Ugly in Shelby County Home Sales

You may wonder what I am referring to when I state “The Good, The Bad, and The Ugly in Shelby County Home Sales”.  I am referring to new home sales, foreclosure sales, and the percentage of foreclosures compared to total sales activity in the  Shelby County, Alabama area.  By looking at these figures we can […]

How To Estimate The Value Of Your Home Without Getting An Appraisal

If you are in the market to sell your home the best thing you can do is to get a qualified appraiser to provide you with an appraisal of your home.  This will ensure that the most accurate sales and listing information is used to give you the most precise value estimate. If you are […]

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