The affordability – or lack thereof – of housing has been a prominent issue in the United States for years now. People eager to buy their first home have been waiting since the COVID-19 pandemic began in 2020 for the market to slow down, ideally making buying a home more affordable. So, will we see… Read more »
You may have seen a news report or two in the past month or so about the “yield curve” being inverted. If you’re like most Americans, this report may as well have been in another language. But even if you’re initially confused by the wording, this is not something you should ignore. In fact, this… Read more »
As someone looking to buy or sell a home, you may have come across the phrase “FHA inspection.” If you’re not familiar with what it entails or how to prepare for it, you’re not alone. But an FHA inspection is a critical step in the process of obtaining an FHA loan, which is a critical… Read more »
If you’ve been involved in the real estate market, you may have come across the term “litigation appraisal” in the context of property disputes. Property disputes can arise from a variety of situations, such as divorce cases, inheritance conflicts, eminent domain, or even commercial lease disagreements. In these cases, litigation appraisals are crucial in providing… Read more »
The price of housing has been a major news story for years now. It makes sense, considering how important the issue is to so many. For most homeowners, their house is their greatest investment and most important asset. Meanwhile, those who don’t own a house yet would like to get one at a reasonable cost…. Read more »
If you’re involved in the sale or purchase of a commercial property, the amount of money you stand to spend or make will be at least partially determined by an appraisal. This appraisal involves a third-party professional inspecting the property and considering a number of factors to determine a fair value. This number will not… Read more »
An appraisal is something that every homeowner will have to deal with at some point or another. Unlike the appraisal number you got when you purchased the home, you do have some modicum of control over it as the owner. Still, a home appraisal is the unbiased opinion of an expert so there will be… Read more »
Buying a new home can be one of the most exciting times in your life. But it can also be quite a stressful time, with so much to remember and so much to do. And if you’re purchasing ANY Property in the state of Alabama, buyer beware: there is no warranties or guarantees on the… Read more »
Even if you’ve only occasionally paid attention to the news in recent years, you’ve likely heard a lot about both interest rate hikes and the cost of real estate. These two stories are actually quite intertwined. Interest rates have had a major impact on the cost of housing, which obviously affects home sales. Here’s how… Read more »
If you’re selling a home, there’s a good chance you’ve bought at least one home in the past. This means that you’re familiar with real estate appraisals. Often, appraisers are asked, what should I do to prepare for my inspection? The answer traditionally is – Nothing. But, the correct answer is – It Depends! But… Read more »