It’s no secret that COVID-19 had a major impact on just about every segment of the economy. The world of commercial real estate was certainly no exception. In fact, the ramifications are still being felt today, especially when it comes to valuation. But the impact was not equal and was not the same across the… Read more »
If you’re looking to buy a house basically anywhere in the United States, you’re probably well aware of the consistent rise in home prices over the past few years. They’ve been increasing for more than a decade now, but really started to skyrocket around 2020. Despite a brief slowdown in 2022, they are on the… Read more »
For many Americans, the home they own is their greatest and most important investment. When it comes to cashing in on that investment, they understandably want to make sure it’s the right time to do so. Whether you’re looking to downsize, upsize, move to another area, or just cash in on property you own, you’ll… 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’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 »
If you own a home, business, piece of land, or any other form of real estate, chances are you have heard of an appraisal before. If you’re not familiar, it’s an impartial and independent measure of a property’s current value. These appraisals are completed by a third party that possesses an expertise in either commercial… Read more »