The Truth About Price Per Square Foot
I’m interested in educating the public about the fallacies of only looking at price per square foot because it can lead to inaccuracies when estimating the value of your home, especially when you use it to arrive at an asking price for your home.
Do I Really Really Need a Real Estate Agent?
Let’s cut to the chase…unless you’re ready, willing, and able to do and have ALL of the following: Locate potential property. Schedule appointment to see property. Know the market trends in the neighborhood Know school district lines Contact “The Right Lender” Can locate parks and recreation, shopping and places of worship Got the inside of […]
3 Challenges of Buying and Inspecting a Foreclosure
I got a call yesterday to inspect a home in foreclosure. For the inexperienced inspector, this could be quite the challenge. We have little to no access to data or history about the properties we inspect and when the home is owned by a bank or other governmental agency the opportunity to ask questions or uncover […]
203(k) Budget Allowances – I could use some extra money!
[hr] Mr Smith, I was wondering some things about the construction bid on our house in Natchez. If the contractor has given me an allowance for an item, and I don’t use the entire allowance, can the access amount be rolled to another item? For example: an allowance of $250 for a vent hood, but I […]
Appraisal Institute Releases Helpful Addendum, Green Home Clarification
A few weeks ago I shared that “Greening the MLS” can help disclose the addition of energy efficient elements in residential construction and how that might affect the liabilities of the MLS system. Last week the Appraisal Institute introduced the Residential Green & Energy Efficiency Addendum, Version 2.0. Laura Stukel, an efficiency “insider,” is developing the Real Estate Transaction […]