Can the cost approach be used over the sales comparison approach since it’s higher?

This was a question I got asked today from a frustrated seller. She had called me to get my opinion of an appraisal that was done on her home that had appraised lower than the contract amount. I would like to share with you my answer to her as well as my thoughts on the […]

5 common errors to look for in your appraisal report if it comes in low

Appraisal Come In Low? A popular topic among users of appraisal services these days is low appraisals. As you know the real estate market has been depressed over the last several years and a result of this is that appraisals for refinancing and home purchase’s  have come in low. While foreclosures and the overall downturn […]

Pelham, AL home sales by the numbers- A look at 2013 vs. 2012

Pelham, AL home sales during 2013 showed positive direction in most areas over 2012. Learn what surprising stats we uncovered when unpacking the numbers.

A look at architectural styles in the Chandalar subdivision of Pelham, Alabama

I recently did some appraisal work in the Chandalar subdivision in Pelham, Alabama and found the architectural styles very interesting. As an appraiser we study the floor plan design within a home and its functional utility, which looks at how well the floor plan flows. We also look at exterior design and how well it […]

How getting your house properly measured could put more money in your pocket

You may wonder how you could put more money in your pocket just by getting your home measured.  Well, I’m going to explain to you two ways that this could happen. The first situation occurs when you put your home on the market for sale.  One of the key areas of comparison an appraiser uses […]

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