On a regular basis, I complete appraisals for private investors. Over the years, I cannot remember a time when an investor became upset when the estimated value of a property they wanted to purchase, was lower than what they had anticipated the property to be worth. They want to be informed. Investors don't want to… Continue reading How To Minimize Diminishing Profits in Real Estate
Many home owners and real estate agents price homes based soley upon a price per sq. ft. metric. This method can work, but it's an easy way to get it wrong! I discuss this in my article.
Selling or buying a home? Need to know if it will pass an FHA inspection without any violations? This article discusses some common FHA violations seen in many homes.
When does an appraiser need to possess geographic competency?
Sometimes I am asked, when searching for comparable sales, do appraisers have to stay within a mile of the property being appraised? The answer is that it depends. By the way, that's the typical response that an appraiser will give you when asked a question about appraising. And rightly so. There are may things that… Continue reading When Is It Not Okay to Use a Sale Within a Mile?