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 […]
Ask The Appraiser: Can Pending Sales Be Used In An Appraisal?
July 14, 2011 By 12 Comments
I was asked a great question yesterday that I thought I would share with you. Can pending sales be used in an appraisal? The short answer is “yes”. Appraisers have three options for comparables. They include closed sales, active listings, and pending sales. The appraiser must use a minimum of 3 closed sales in the […]
A Man’s Home Is His Castle, Right?
April 11, 2011 By 6 Comments
We’ve all heard the old saying that a man’s home is his castle, right? This was exactly what I thought of when I saw this house in Shelby County, Alabama. It got me to thinking about personal taste and how that may translate into how others may feel about architectural styles that are atypical. Do […]
Can A Pre-Listing Appraisal Be Used By The Buyer’s Lender?
March 31, 2011 By 3 Comments
I’ve done several pre-listing appraisals recently and I got a question the other day that I wanted to share with you. The homeowner wanted to know if a pre-listing appraisal could be used by the buyer’s lender to get their mortgage. The short answer to this is “no”, however this was not always the case. […]
What Is A.G.D.A. And Why Is It Important?
February 14, 2011 By 6 Comments
People outside of the Birmingham, Alabama market area may not know what A.G.D.A. is but they would probably understand its importance. A.G.D.A. stands for Appraiser Group Data Association. It consists of a group of real estate appraisers in the Birmingham metro area that collects data on homes they appraise and share it with one another. […]
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