What can active and expired listings tell us about the real estate market?

Active and Expired Listings Tell Us About The Real Estate Market Most people are aware that appraisers look at homes that have recently sold when performing an appraisal, however there’s a lot more to the real estate market than closed sales. By looking at active and expired listings we can gain a more complete understanding […]

What is a “Head and Shoulders” inspection?

When doing an FHA appraisal inspection the appraiser is required to make a “Head and Shoulders” Inspection. I received a question this week about a topic that I think most homeowners and many real estate agents are not aware of regarding FHA appraisal inspections. Appraisers are required to report on what they see in the attic […]

Do I need a pre-listing appraisal even If I’m using a real estate agent?

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?

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

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 […]

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