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 home appraiser Tom Horn discusses home improvements that do nothing for your home value. Make sure you read this before spending too much money.| Birmingham Appraisal Blog
Real estate appraiser Tom Horn provides an Alabaster, AL Real Estate Market Report for September 2014. Find out how sales have been for this area.| 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
Most people, at some point in their life will probably get a home appraisal. Appraisals are necessary for the following reasons: • Buying a home • Selling a home (either a marketing appraisal or appraisal after contract is signed) • Refinancing a home (either to get a lower rate or to get a home equity […]| Birmingham Appraisal Blog
Birmingham, AL real estate appraiser Tom Horn discusses why there is no rule of thumb in real estate appraisal.| Birmingham Appraisal Blog
The Birmingham Alabama MLS (Multiple Listing Service) has recently added an option for Realtors to list GLA (gross living area) for their listings. The new feature will go live on August 2, 2010. Realtors are given an option of entering GLA data obtained from an appraiser, building plans, or tax records. The first two sources […]| Birmingham Appraisal Blog
The “Subject To” appraisal is one that many people do not understand, so I thought I would share with you today a situation in which a “Subject To” appraisal could have saved the homeowner thousands of dollars. A “Subject To” appraisal is one in which the value is based on a what a home will […]| Birmingham Appraisal Blog
If you are in the market to sell your home the best thing you can do is to get a qualified appraiser to provide you with an appraisal of your home. This will ensure that the most accurate sales and listing information is used to give you the most precise value estimate. If you are […]| Birmingham Appraisal Blog
With the new year here many of us have either set goals or will be setting them soon. One of my goals this year is to help others reach their real estate goals by helping them to understand the appraisal process better. This can be either through learning how appraisals are performed, which in turn […]| Birmingham Appraisal Blog
