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 […]
A new law homebuyers and agents should be aware of: It could prolong your closing
January 23, 2014 By 4 Comments
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 […]
Birmingham’s highest price home sale of 2013 is most in 5 years
January 9, 2014 By Leave a Comment
No single home sale is a good indicator of the market, however they do give some insight into what is happening in the real estate market. While doing market research in the Birmingham, AL area I ran across a sale that occurred in 2013 that sold for $3,800,000, and because people seem to be interested […]
6 things real estate appraisers wish homeowners knew
December 13, 2013 By 8 Comments
Communication is key in everything. An appraisers job is to communicate the value of real estate to their clients and we accomplish this typically by producing a report that gives detailed information about the property we are appraising as well as market data that supports our opinion of value. Because this is part of our […]
Unraveling the demand for homes in Hidden Trace- Trussville, Alabama
December 10, 2013 By 4 Comments
Hidden Trace subdivision is located in Trussville, Alabama, which is a suburb on the northeast side of Birmingham. It was developed in the mid 1990’s and offers a variety of homes including garden homes built on a slab foundation as well as split foyers and two story traditionally designed homes. The subdivision is in close […]
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