Remove Appraisal Tips Remove Finance Remove Real Estate Agent
article thumbnail

The Appraiser’s Perspective: Insights and Tips for Real Estate Agents

Birmingham Appraisal

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market.

article thumbnail

Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tips for Homeowners Concerned About Appraisals Below Contract Price

Will Springer Realtor

Not all home appraisals – and those who conduct them – are created equal. Buyer is financing the purchase through a mortgage lender and the underwriter wishes to confirm the value of the home before issuing the loan. (No After all, both parties want a positive outcome from the appraisal. Home Appraisal Tips for Buyers ).

article thumbnail

My Top 11 Tips For Realtors When Choosing Comps

Birmingham Appraisal

Pending sales that have been appraised with no issues and that have financing in place are the best sales available. The post My Top 11 Tips For Realtors When Choosing Comps appeared first on Birmingham Appraisal Blog. This information will tell us if the price we are considering is too high.

article thumbnail

Top 10 Benefits of Getting a Pre-Listing Appraisal Before Selling Your Home

Birmingham Appraisal

They can rely on the professional appraisal provided by the appraiser, making them feel more secure about their investment. If the buyer’s appraiser comes up with a lower value than your asking price, it can derail the sale or lead to renegotiations.

article thumbnail

Home Pricing in Birmingham, AL: 5 Mistakes That Could Cost You Thousands

Birmingham Appraisal

These Appraiser Tips for Home Pricing in Birmingham, AL Could Save You Thousands Correctly pricing a home is one of the most critical factors in successfully selling real estate, particularly in a dynamic market like we currently have in many parts of the country.

article thumbnail

What to Know About Home Appraisals for Mortgages

AmeriMac

The Federal Housing Administration (FHA) and other government-backed mortgage programs have specific requirements for appraisals to ensure that the properties meet the necessary standards for financing. When you apply for a home loan, your lender will order an appraisal to determine the property’s appraised value.