What is Functional Obsolescence? • Birmingham Appraisal Blog
Birmingham, AL home appraiser Tom Horn discusses functional obsolescence. He explains what it is and how it affects value.| Birmingham Appraisal Blog
Birmingham, AL home appraiser Tom Horn discusses functional obsolescence. He explains what it is and how it affects value.| Birmingham Appraisal Blog
Birmingham, AL real estate appraiser Tom Horn explains why price per square foot should not be the main criteria when estimating the value of a home.| Birmingham Appraisal Blog
Birmingham, AL real estate appraiser Tom Horn explains how appraisers reconcile value and why they choose the part of the value range they do.| Birmingham Appraisal Blog
Birmingham, AL real estate appraiser Tom Horn discusses what a listing agent can do to be proactive in the appraisal process.| Birmingham Appraisal Blog
Many people know what an appraisal is, and they’ve heard of a CMA (Comparative Market Analysis) and a BPO (Broker Price Opinion) but they don’t know the difference. Today I thought I would compare these 3 methods used to estimate the value of a property. Comparative Market Analysis (CMA)- The CMA is performed by real estate […]| Birmingham Appraisal Blog
Have you ever wondered how accurate the Zillow “Zestimate” really is? Whenever I am doing appraisals I have homeowners tell me what their Zillow “Zestimate” is. I am sure they are hoping that my appraisal is similar to that number (if it is high), however the two could be close, but more times that not […]| Birmingham Appraisal Blog
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 Appraisal Blog
People are different. Some like to get their hands dirty in projects, while others may want to hire someone to do it for them. The abundance of DIY shows on T.V. have given people the knowledge and motivation to do it themselves, learn something new, and save some money. There are people who have built […]| Birmingham Appraisal Blog
Low appraisals can be caused by many things. If there are errors in the appraisal report here are 5 place to look.| Birmingham Appraisal Blog
I spoke recently at a local Realtor group about how Realtors could “think like an appraiser”. By being on the same page as the appraiser I believe that there will be fewer value issues on the back end of the sales transaction. By following similar methods as appraisers to arrive at their list prices, Realtors […]| Birmingham Appraisal Blog
Birmingham, AL real estate appraiser Tom Horn share some things to think about when making home renovations in order to get the most bang for your buck.| Birmingham Appraisal Blog
