People may think that I believe this because I am an appraiser, but it truly makes sense. I have seen it happen numerous times. A house is selling and everything has been done: contract, title, home inspection, etc. and the last thing is the appraisal. Unfortunately sometimes the value just isn’t there, and the deal […]| Birmingham Appraisal Blog
You may ask “what is the difference?” A sale is a comparable (comp), right? Wrong! A comp is a sale, but a sale is not always a comp. Does this sound confusing? If so, stay with me and I will try to explain the difference between the two. I hope I can give you better […]| Birmingham Appraisal Blog
Over the past several years appraisers and real estate agents have had a confusing relationship. When I say this I am mainly talking about an agents understanding of exactly what they can and cannot talk to an appraiser about. I thought I would approach this topic from a qualifications point of view and look at […]| 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 was recently asked by a real estate agent if a sunroom could be included in the gross living area of a home. The is the explanation I gave them.| 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
