The more I review appraisals, the more apparent it becomes that many appraisers in Houston are confusing the terms Market and Neighborhood. This creates misleading results in appraisal reports and can lead to an incorrect conclusion of value. Read more →
Like any industry, Realtors and appraisers in the Houston area that primarily utilize HAR.com for all their MLS data are somewhat limited to how they can view this data. Until now, Internet Explorer was the only web browser that would properly navigate the MLS system. Having an IT background, I’m not a fan of IE at ALL. It has always been a huge target for hackers, crackers and other nefarious individuals that just love to wreak havoc onto anything Microsoft. Read more →
In a nutshell, FHA is mainly concerned with 3 attributes of a home: Safety, Security and Soundness.
All required repairs will be limited to necessary requirements to:
- Protect the health and safety of the occupants (Safety)
- Protect the security of the property (Security)
- Correct physical deficiencies or conditions affecting structural integrity (Soundness)
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If you are planning to sell your home, it might be a wise decision to make a small investment in a professional appraisal. Unless you study real estate trends on a day to day basis like a professional appraiser, it may be difficult for you to get a handle on real estate values in your market area. We aren’t talking about how much you have invested in your home, how much you paid for it, or how much you want for it. We’re talking about the true market value of your home, which could really pay off for you in the long run! Even if you’ve contracted an agent to assist you in selling your home, they may not be able to provide an accurate and unbiased opinion of your home’s value. Read more →
There are a lot of myths about flooding in Houston and Harris County. With hurricane season once again on top of us, I thought this would be a good topic to discuss.
Myth #1: If I didn’t flood during any previous storms or hurricanes, chances are I won’t ever flood. Read more →