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 talk with real estate agents quite a bit in my day to day work as a real estate appraiser. It seem like FHA appraisal requirements are the most confusing to them in relation to what appraisers look for during our appraisal inspections. By knowing what an appraiser looks for, the agent can better prepare […]| 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
I was doing some work recently for a novice property investor and he was asking me some questions about FHA required repairs. He wanted to prepare the house he just purchased so that if the buyers were going to use FHA financing there wouldn’t be any issues at the last minute to hold up the […]| Birmingham Appraisal Blog
Birmingham real estate appraiser Tom Horn gives top 5 things an agent can do to get a listing ready for the appraisal inspection.| Birmingham Appraisal Blog
A "Head and Shoulders" inspection is a requirement of FHA appraisal but many don't know what this is. Real estate appraiser Tom Horn explains what it is and why it's important.| Birmingham Appraisal Blog
Many people know what an appraisal is, and they’ve heard of a CMA (Comparative Market Analysis) and a BPO (Broker Price Opinion) but they don’t know the difference. Today I thought I would compare these 3 methods used to estimate the value of a property. Comparative Market Analysis (CMA)- The CMA is performed by real estate […]| Birmingham Appraisal Blog