I was looking at a home this week, for an FHA loan, that had screw in fuses. Have you ever seen these? They use to be common years ago, however at some point they were replaced with circuit breakers. I have been asked by homeowners and real estate agents if these fuses meet HUD’s minimum […]| 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
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
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
Just because you use a real estate agent does not mean you shouldn't get a pre-listing appraisal. It can help you sell your home by providing peace of mind to the buyer that your home is not over priced.| Birmingham Appraisal Blog
