How Does Lot Size Impact Property Value?
Homeowners who have larger lots than other lots in their area want to know if the value of their home would be […]
Markets, Neighborhoods and Subdivisions Part I
The more we review appraisals, the more apparent it becomes that many appraisers in Houston are confusing the terms Market and Neighborhood. […]
Survey of Real Estate Appraisers
This information was compiled from the AppraisalWorld Residential Survey. As members join, they are asked for information about their profession and personal […]
Why it is So Hard to Become an Appraiser
I thought this email I received was very funny and spot on. Enjoy! To All My Valued Employees, There have been some […]
Housing Starts Jump After Bottoming at Historic Low
The U.S. Commerce Department reported that housing starts rose 22% in February to a seasonally adjusted annual rate of 583,000. The last […]
FHA Appraisal Requirements – What You Need to Know
FHA Appraisal Tips The following are excerpts from HUD Mortgagee Letter 2005-ML-48 regarding repair and inspection requirements. FHA Repair Requirements: Below are […]
Saving the Real Estate Industry from the HVCC and AMCs
Once the HVCC, Home Valuation Code of Conduct, is enacted the majority of lender and mortgage appraisal requests will be diverted through […]
Flood/Storm Damage – FEMA, Building Permits, 50% of Structure’s Market Value?
As many Greater Houston homeowners face the daunting task of rebuilding since the aftermath of Hurricane Ike they have found that building […]