I’ve been asked how appraisers account for value changes in an appreciating market, so I thought I would share with you how appraisers approach this situation. Some people believe that due to recent shortages in inventory that home values are starting to show appreciation, however I think that these occurrences are not widespread and do […]
Do I need a pre-listing appraisal even If I’m using a real estate agent?
April 3, 2014 By Leave a Comment
My best answer for this question is “It depends”. Some people think that just because they are using a real estate agent that they don’t need an appraisal, but this is just not true in every situation. I thought we could take a look at times when it would make sense to get an appraisal […]
Can a sunroom be included in the gross living area of a home?
April 1, 2014 By 34 Comments
It is important to know what criteria is considered when deciding what areas in a house are included in the total gross living area (GLA). I explained to a real estate agent recently what to look for in a sunroom to determine if you can include it.
A new law homebuyers and agents should be aware of: It could prolong your closing
January 23, 2014 By 4 Comments
On January 18th a new law went into effect that could potentially prolong loan closing dates because it will require lenders to provide a copy of the appraisal or other valuation tool used to make a loan decision to their customer as soon as it is completed or 3 days prior to the closing, whichever […]
Options to consider when selling your home through an online FSBO service
January 21, 2014 By 1 Comment
My last post emphasized the importance of not forgetting to get an appraisal when selling your home through an online service. You may be in a money saving mode since your are choosing to go this route but you don’t want to shoot yourself in the foot and sabotage your efforts by not pricing your […]
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