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.

Real Estate Appraiser vs. Home Inspector: What’s the difference?

I sometimes find that people get the real estate appraiser and the home inspector confused so I thought I would share with you the differences between the two. Both are involved in real estate transactions but each in a different way. I know that both look like they may be doing the same thing when […]

5 take aways from the 2014 Alabama Realtors Winter Conference

I recently had the opportunity to participate in the 2014 Alabama Realtors Winter Conference. I was part of a panel, along with commercial appraiser Mark Barrs (that’s he and I in the photo), that was put together to answer appraisal related questions that agents might have. It went well and I appreciated the chance to […]

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