Most people have a good idea of what market value is. A short and abbreviated definition of Market Value is as follows: Market value is the most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, […]| Birmingham Appraisal Blog
Birmingham, AL real estate appraiser Tom Horn discusses how adding an appraiser to your team during a home renovation project is a smart move.| Birmingham Appraisal Blog
Birmingham appraiser Tom Horn discusses the benefits of getting a pre-listing appraisal before selling your home.| Birmingham Appraisal Blog
This is a good question that you may have asked yourself at some point in time, especially if you were buying a home. Most people are aware of the traditional areas where you would need an appraisal such as those required when you are buying, refinancing, or building a home. These are the areas that the […]| Birmingham Appraisal Blog
In my adventures as a real estate appraiser in Birmingham, Alabama I have seen a lot of things that decrease the value of your home. I thought I would share with you 5 problems I have seen recently so that you can avoid these value killers. Moisture stains on your ceiling is a good sign […]| Birmingham Appraisal Blog
Geographic competence in appraising has become a hot topic over the last couple of years. It refers to an appraisers knowledge of a market and his/her ability to produce an accurate and reliable report. One way to measure this is by looking at someones experience of working in an area. Take a look below at […]| Birmingham Appraisal Blog
Have you ever asked yourself why appraisers make adjustments? It’s not something you think about everyday, but whenever you get an appraisal back from the appraiser or the bank, it’s something you may think about and that may make you scratch your head. Why did they make a positive adjustment for this, and a negative […]| 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