A "Head and Shoulders" inspection is a requirement of FHA appraisal but many don't know what this is. Real estate appraiser Tom Horn explains what it is and why it's important.| Birmingham Appraisal Blog
I wrote a blog post earlier this year that showed you how to determine how accurate Zillow was in your area. The response on this was phenomenal so I thought I would follow up that post with one in which I explain to you why the Zillow “zestimate” can be so inaccurate. With so many people […]| Birmingham Appraisal Blog
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 […]| Birmingham Appraisal Blog
It seems there is still some confusion about what real estate agents and real estate appraisers can talk about. Many believe that there can be no discussion between the two and others still have no idea that it is unethical to suggest to an appraiser that a home should appraise for a certain amount. The […]| Birmingham Appraisal Blog
I had a reader email me a question last week asking why they should get an appraisal on their home, and I want to share with you the answer I gave them with the hope that it can help you make a similar decision. This person asked me “Why do I need to get an […]| Birmingham Appraisal Blog