Posts tagged as:

charlotte nc

Housing Prices vs. Sales

May 25, 2010

The news, both locally and nationally, has been upbeat on housing recently. The stimulus packages from the feds has brought some welcome relief to the market, however they have expired. Now we look to see what will happen.

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The Cost Approach

April 27, 2010

The Cost Approach is the second approach an Appraiser can use in making a determination of value. There are two ways to determine the cost: reproduction cost or replacement cost. Reproduction is the exact replication of the house using the same materials, etc. Replacement is the cost to replace the house using today’s materials, etc less accrued depreciation.

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Appraisal Facts or Fictions?

April 2, 2010

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FHA Announcement

March 26, 2010

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House Measurements Do’s and Don’ts!!

March 19, 2010

One of several questions asked about earlier posts is: What guidelines do Appraisers follow to measure a house? The short answer: ANSI Standard for Measuring Houses. For the sake of brevity, we’ll limit the Standard to typical residential properties. If you want to see the complete Standard, please click here to go to a download source.
The American National Standards Institute (ANSI) developed Standard Z765-1996 to make a uniform method of measuring [...]

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Spring is Just Around the Corner!!

March 8, 2010

Image by WisDoc via Flickr

Spring is the time of year that generally offers new hope to peoples’ outlook… kind of a new look at life! The Charlotte area is not accustomed to the type of winter we had this year, so it may very well be a time that means more today than a few years ago. The economic indicators [...]

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Appraisal Management Companies (AMC)

March 2, 2010

Appraisal Management Companies (AMC) are being hotly debated across all real estate professional lines. I don’t see that there is anything I can add to the debate. The sides have their pros and cons. To me it’s a classic scenario of government vs. industry…. need I say more?
I have my own opinions of the way(s) the rules were changed and the value(s) these changes [...]

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Charlotte home prices fall 3.8% – Charlotte Business Journal:

February 23, 2010

To read the latest analysis of the Charlotte Metro area read this article. The S&P/Case-Shiller Home Price Index is a generally accepted analytical tool.
Charlotte home prices fall 3.8% – Charlotte Business Journal:.

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The Appraisal Process

February 21, 2010

Image by cfinke via Flickr

Recently we have been getting more and more inquiries from homeowners asking about appraisals. Their interests range from determining market value for listing purposes to tax disputes. They want to know what’s involved in performing an appraisal. They seem to want to know what they get for their money…. imagine that!!
Other [...]