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Houston Real Estate Blogosphere
Houston Real Estate Blogosphere brings together all the blog posts of REALTORS from the Houston area in one place
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Home Appraisals

The most recently published posts in the Home Appraisals category
Housing affordability differs among races and ethnic groups, finds the National Association of Home Builders, which analyzed home affordability by race. Affordability differences are “dramatic and persistent across racial and ethnic lines,” says NAHB chief economist David Crowe about the findings.Housing Affordability by RaceThe NAHB found the following differences in housing affordability wh...
Read Post [Posted on 08/18/2014 By John Askins]
April 17, Tax Day, is fast approaching. So, if you itemize, remember to take advantage of the mortgage interest deduction, one of the many benefits of home ownership. The MID saves the average home owner about $3,000 per year. In addition, as mortgage rates bottom out and the rental costs exceed those of home ownership, this spring may be the most vibrant for real estate in years. This and more in...
Read Post [Posted on 08/14/2014 By Garrett McWhorter]
Big Brother is double-checking appraisers, and that’s a good thing'Value reviews' mine big data to protect mortgage borrowers, lendersPeter MillerContributorShare on twitteShare on google_plusone_shaShare on lShare on emailMore Sharing ServiAug 5, 2014The centerpiece of every mortgage application is the appraisal. Lenders originate residential mortgages on the basis of either the sale price or the...
Read Post [Posted on 08/05/2014 By Christopher Chin]
Low appraisals have been blamed for continuing to hamper the real estate market. So Kirchmeyer & Associates has begun an appraisal warranty insurance program to its appraisal management services to protect lenders and investors against faulty appraisals. The insurance protects lenders and investors against default losses, including repurchase expenses, as well as “provides assurance to t...
Read Post [Posted on 08/04/2014 By John Askins]
Recently, I have been flooded with calls and have many clients demanding answers. They are skeptical of homes in our hot Houston real estate market because the asking price varies so greatly from Harris County Appraisal District's value. It's exciting for me to see so many people educating themselves and seeking out information but have found this sometimes causes excess worry. There are a conside...
Read Post [Posted on 07/29/2014 By Lauren March]
The Harris county area is in the middle of a heated seller’s market. Unlike the “bubble” in California, Florida and Arizona, Texas and Harris County are expected to see slow, but strong appreciation with a safer equity position. I’ll explain my opinion on that later on in this post. Negotiating in a seller’s market is frustrating…unless you’re the seller! Many homes are selling for more ...
Read Post [Posted on 07/28/2014 By Gregory Nino]
You just got a better than full price offer on your listed home after multiple offers. Congratulations! It seems as though everything is going smoothly with inspections and a loan approval. After patiently waiting your home doesn’t appraise for the price that you have listed it for. What do you do?Option 1: Seller agrees to sell the home for the new appraised valueOption 2 Seller can appeal t...
Read Post [Posted on 07/23/2014 By Kelly Stewart]
According to surveys, buyers want more environmentally sensitive home features, and they are willing to pay for them. But builders say not enough appraisers are recognizing green’s worth and factoring it into their property valuations. "Appraisers just don't get it," says William T. Nolan, a Florida consultant to home builders. "We can't get them to appreciate the value of net costs. And if w...
Read Post [Posted on 07/23/2014 By John Askins]
Homeowners rejoice.....Protesting season is officially in action!Should you protest?  YES, yes you should!  If would be a crime not to!  Not a literal crime, but a crime on your finances.My informal protest was held yesterday - and, let me say......OH, MY!I've lived in my home for 10 years, and never have I seen such an outrageous increase in property value. Imagine the taxes that w...
Read Post [Posted on 07/11/2014 By Gail Medina]
A home's value should not be based on square footage alone.  The truth is that the "average" price per square foot is a compilation of facts based on past sales.  These statistics should not be the only factor used in evaluating a home's price.  Every home is different, with features that make the home more or less desirable.  For example, a four bedroom home could possibly be ...
Read Post [Posted on 07/04/2014 By Pamela Kimmons]
Your date with Harris County Appraisal District (HCAD) has been set!  (well for most of us)....Call or check online to make sure your date has been set.  There is a long list of homeowners and business owners who will be protesting their property taxes.  So, if you're date has not been set yet, no fear - your time will come... for the first protest hearing. The Informal:The ini...
Read Post [Posted on 06/26/2014 By Gail Medina]
https://www.asc.gov/pages/FindAnAppraiser.asp This is a great resource to verify credential of an appraiser and also to look up a professional in your area. There is an advanced search option that can help narrow the list to active or inactive.  ...
Read Post [Posted on 06/24/2014 By Anuradha Prasad]
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Read Post [Posted on 06/12/2014 By Shadrick Bogany]
The Appraisal Institute is using a new form to help appraisers factor in energy-efficient home features when valuing homes. The forms can also be used by real estate agents in describing “green” properties on the MLS, the Appraisal Institute notes.  Everything from a home owners’ energy efficient appliances to solar panels may now get more attention from appraisals with the added form.  ...
Read Post [Posted on 05/31/2014 By John Askins]
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 When protesting Your property taxes I think there is no exact secret besides being well prepared with facts and present your case with con...
Read Post [Posted on 05/14/2014 By Annette Jacobs]
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