Birmingham, AL real estate appraiser Tom Horn answers some appraisal questions he was asked recently about comps, home updates, and types of appraisals.| Birmingham Appraisal Blog
Birmingham, AL real estate appraiser Tom Horn explains the top FHA appraisal problems that buyers, sellers, and agents need to be aware of.| Birmingham Appraisal Blog
Alabaster, AL real estate appraiser Tom Horn discusses 5 Things Agents MUST Do Before Every FHA Appraisal. Make sure your FHA loans close on time by following these rules.| Birmingham Appraisal Blog
I recently appraised a home for a refinance loan that was not the neatest one I’ve ever seen. It was an appraisal for a conventional loan, which is not as strict as FHA loans are, so there were no issues or additional requirements. If this had been an FHA loan the appraisal may have turned […]| Birmingham Appraisal Blog
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
If you’re getting an FHA loan and want to make sure the appraisal goes off without a hitch make sure you pay attention to these 5 items. If you don’t then it could delay the loan and your closing. The appraiser has to make note of the items listed below, and if he/she cannot then […]| 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