Posts tagged as:

Data

Comp Checks vs. Sales History

April 7, 2010

Surprisingly, there are still individuals and/or entities out there that will call and tell you they have an appraisal order, but before they spend their money or their client’s money they want to see if they could get a comp check to determine if the value is there for the loan to go through!! Of course they ask in many different ways – estimate of value, your take on the value, will the value come close to the number!! They want to hear a number.

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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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Know the Answer Before You Ask the Question!!

March 3, 2010

The more you know the better off you’ll be…. It’s not who you know, but what you know…. sound familiar?
Well people today seem to have taken these seriously… they want to do it themselves because “if you want things done right…”. Seriously, it may be for many reasons, but they are finding a wealth of information on the internet to enable them to [...]

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The Appraisal Process: “Due Diligence” (1 of 3)

February 22, 2010

Image by Florian SEROUSSI via Flickr

DUE DILIGENCE
It must be noted that this series is an Appraiser’s perception of a methodology. The series will touch on the main areas of what an Appraiser does in a typical 1004 appraisal. It is not the intention to be all-inclusive of the actual work performed. It is simply an attempt to [...]