Appraisal Industry News

So You Replaced the Light Bulbs? Great. Now Here’s What the Appraiser Really Wants to Know.

If you’re selling your home or refinancing your mortgage, taking advantage of these historically low-interest rates, chances are you’re looking to make the most of your upcoming appraisal.  And by that I mean, you’d like your home to appraise for as much as possible. Am I right? Well, one of the ways you can make [...]

So You Replaced the Light Bulbs? Great. Now Here’s What the Appraiser Really Wants to Know.2019-10-12T16:57:45+00:00

What are FHA guidelines for lead-based paint?

We will soon have an entire section on the blog devoted to FHA appraisal issues. Since a lot of questions surround FHA guidelines and the appraisal process, we will discuss topics like safety hazards, septic tank and well distance requirements, deferred maintenance, crawl space/attic guidelines, swimming pools, structural deficiencies and more. We’re going to start [...]

What are FHA guidelines for lead-based paint?2015-01-27T01:46:57+00:00

Do I Use Foreclosure Sales as Comps in Appraisals?

Many times when I go into a home to do an appraisal, the homeowner asks me, “How do you find your comps?” Usually, what they’re really asking is: “You’re not going to compare my house with that house down the street which just sold in foreclosure, are you?” The answer, like with so many other [...]

Do I Use Foreclosure Sales as Comps in Appraisals?2015-01-27T01:43:47+00:00