Appraising, Helpful for FSBO, Helpful Info For Agents, Helpful to Homeowners, Home Repairs

Be A Crack Detective

Over the years, I have seen a lot of cracks. Big cracks, small cracks, long ones, and short ones. I've seen cracks of all different shapes and sizes. I should make it clear that I am not a crack expert. Before I go on, I should also make clear the type of cracks I am… Continue reading Be A Crack Detective

Appraisal Profession, Appraising, Helpful Info For Agents, Helpful to Home Owners, Helpful to Homeowners

How Surplus & Excess Land Work

Welcome to 2021! I hope you all are hanging in there and doing as well humanly possible. To start off the new year, I thought that I would tackle the topic of land.  It can be easy to over-simplify value because value is not always as clear cut as it appears. For example, if a… Continue reading How Surplus & Excess Land Work

Appraisal Profession, Appraising

How Vaccines & Value Development Have Sped Up

Are you concerned about the speed for which the COVID-19 vaccines are being developed? Can they be reliable even though the process has been much faster this time? It used to take years to develop a vaccine. However, as we continue to deal with the fallout from the pandemic, scientists have been working around the… Continue reading How Vaccines & Value Development Have Sped Up

Appraising, Happy Living, Home Repairs

The Most Important Assumption in My Appraisal Career

In the appraisal process, we make a lot of assumptions. We assume that there are no major repairs needed to a home, if there is no readily observable evidence that might suggest otherwise. Our scope of work has much to do with the assumptions that we may make.  Assumption are made on every appraisal because… Continue reading The Most Important Assumption in My Appraisal Career

Appraising, Helpful Info For Agents, Helpful to Homeowners, Home Repairs

How Cost To Cure Works

On a regular basis, I appraise homes that need some type of repair. It may be as simple as replacing an outlet, or as complicated as renovating a home. In the appraisal process, the appraiser has to estimate a cost to cure many types of repairs. Why do appraisers use the term, cost to "cure",… Continue reading How Cost To Cure Works