I was speaking with a real estate agent recently and he mentioned to me that an appraiser, who was working on an appraisal of a house he was selling, told him that if he did not use comps from within the subdivision the house was located in he would get his license taken away. One […]
A way to help Birmingham, Alabama Realtor’s price their listings better
August 29, 2013 By 2 Comments
The Birmingham, Alabama Multiple Listing Service (now known as the Greater Alabama MLS) is unique in that it is not a requirement to list the gross living area (square footage) of listings. In 2010 I wrote about the new option they offered to provide this information, however as of the current date I still do […]
My 200th blog post, Wordcamp Birmingham, and a big Thank You
July 29, 2013 By 8 Comments
I thought I would share with you a small accomplishment of mine. I recently surpassed my 200th blog post for Birmingham Appraisal Blog. I know this is not a world record or anything like that, because there are bloggers that have written more, but it signifies an accomplishment for me that I really had not […]
Can an appraisal be used to arrive at an insurable amount?
July 22, 2013 By 8 Comments
I got a question recently from a homeowner whose house I recently appraised for the purchase mortgage. They wanted to know if they could use the appraisal to determine how much the home should be insured for. I’ve gotten this question before so I thought I would share with you my answer since it seems […]
8 questions appraisers hate to hear during the appraisal inspection
July 8, 2013 By 9 Comments
During an appraisal inspection the appraiser meets with either the homeowner or possibly the listing agent if it is a home that is under contract. Many times we are asked questions about the house and how the appraisal may come out and other times we are confronted with situations that effect how we perform our […]
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