Do you cross your fingers in hopes that the appraisal doesn’t come in low? If you’re a listing agent, and the title of this blog describes the way you prepare for real estate appraisals on your listings, then you’ve come to the right place. Many agents believe that they have no control in the appraisal […]
Reading Roundup: 5 appraisal articles you don’t want to miss
November 10, 2015 By 6 Comments
Reading Roundup: 5 appraisal articles you don’t want to miss My main goal in writing Birmingham Appraisal Blog is to provide valuable information to my readers about the appraisal process, and I strive to inform and educate the public about how and why appraisers do what they do. Over the last several years I’ve seen […]
A downloadable TRID info. sheet for FSBO sellers and real estate agents to provide to lenders
October 20, 2015 By 4 Comments
A downloadable TRID info. sheet for FSBO sellers and real estate agents For those that are not familiar with TRID I’ll give you a simple explanation. TRID stands for TILA/RESPA Integrated Disclosure Rule and it replaces HUD’s Truth-in-Lending disclosure & Good Faith Estimate. Without going into the details, it seeks to simplify the calculation and disclosure of […]
Why backup contracts are important in appraising
September 17, 2015 By 4 Comments
Why backup contracts are important in appraising I recently spoke at a local Birmingham, AL real estate office to a group of agents to help them understand appraisals better. One topic that came up was back up contracts. They did not know that this information could, and should, be provided to real estate appraisers. I […]
A helpful form for agents and sellers to provide to appraisers
September 14, 2015 By 8 Comments
A helpful form for agents and sellers to provide to appraisers If you’d like to be able to assist your appraiser in doing their job better, then the information I provide here is for you. With the implementation of the Uniform Appraisal Dataset (UAD) in recent years appraisers are responsible for including specific information pertaining […]
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