Will Birmingham Home Values Be Effected By The iBuyer Model? In case you did not see it in the news Offerpad recently announced that their services are now available in the Birmingham, Alabama market. They are partnering with Keller Williams to offer the first iBuying service throughout the whole state of Alabama. For those not […]
How Do Appraisers Qualify Comps?
August 22, 2019 By 13 Comments
Why You Should Qualify Comps The comparable selection process is more than just picking the three highest sales in the neighborhood and then taking their average. I’ve heard that 90% of doing an appraisal is picking the right comps and I tend to agree. I think it’s important for those in the real estate business […]
9 Things You Must Avoid Doing If You Want To Price A Listing Accurately
March 21, 2019 By 4 Comments
How To Price A Listing Accurately If you want to price a listing accurately there are certain things that you’ll want to avoid doing. In my 25+ years as a real estate appraiser, I have seen numerous reasons that the appraisal and contract do not match up. Appraisers have been accused of being deal killers […]
Who Is The Mortgage Appraisal Meant For?
August 17, 2018 By 2 Comments
Who owns the mortgage appraisal? There can be some confusion about who owns the mortgage appraisal and who it is meant for in a home purchase transaction so I thought we’d discuss this topic today. If you are purchasing a home you will want to read this because most people do not understand how the […]
Hey, if the market is so hot why didn’t my home appraise?
June 8, 2018 By 9 Comments
A Hot Market is not a Guarantee Your Home Will Appraise In a hot market like we have now a low appraisal should be the least of our worries, right? Wrong. There are still some people asking “why didn’t my home appraise?”. It should never be considered a given that just because we’re in a […]
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