Tom Horn

Tom Horn
Tom Horn provides residential appraisal services in the central Alabama area. He has over 24 years experience in the business and holds the SRA designation from the Appraisal Institute. In addition to performing appraisals for first mortgage loans and refinancing he prepares reports for other uses such as estate planning, private mortgage insurance removal (pmi), For Sale By Owner marketing, and insurance valuations. Tom is the author of BirminghamAppraisalBlog.com, where he helps agents, mortgage lenders, attorneys and home owners learn why and how appraisers do what they do by explaining the appraisal process. He has contributed content to nationally know appraisal provider McKissock and speaks regularly at local real estate offices to help bridge the gap between appraisers and agents.

Top 6 reasons real estate appraisers should have a blog

Appraiser blog

This article was originally published here. For additional articles by Tom Horn visit his website. Should appraisers have a blog? The real estate appraisal profession has gone through a lot of changes in the last 5-10 years. Increasing regulations, changes in how appraisers and banks communicate, and the proliferation of appraisal management companies have changed how we do business. Our cheese has …

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An appraiser’s thoughts on the repeal of Dodd-Frank

Thoughts on the repeal of Dodd-Frank

This article was originally published here. For additional articles by Tom Horn visit his website. Will Dodd-Frank be repealed? With the inauguration of Donald Trump as our 45th President of the United States, there has come the possibility that Dodd-Frank might be repealed. What does this mean for us as appraisers? Will things go back to the way they were before Dodd-Frank, …

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Price Per Square Foot Is Not the Holy Grail of Property Value

This article was originally published here. For additional articles by Tom Horn visit his website. Price per square foot is media darling of value While scanning the news headlines this week I ran across an article titled “What Is the Average Price per Square Foot for a Home — and Why Does It Matter?” Because I am an appraiser this caught my eye …

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Will a finished basement add value to a home?

This article was originally published here. For additional articles by Tom Horn visit his website. Does a finished basement add value? A question I get quite often from agents is “Does a basement add value to a home and how much value should I use? This usually occurs when they are doing a CMA and looking at comps to come …

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Top 6 items an appraiser takes pictures of

This article was originally posted here. For additional articles by Tom Horn visit his website. Curious about what items an appraiser takes pictures of? As a result of the recession that occurred around 2007, and the impact on the real estate market, appraisal requirements have increased significantly. One of these requirements is an increase in the documentation appraisers are required to …

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Thank you NAR

Thank you NAR

This article was originally posted here. For additional articles by Tom Horn visit his website. I thought I would take a break from my typical type of appraisal post to thank the NAR publicly on behalf of all appraisers. As many in the real estate field may be aware, last year the Federal Housing Administration (FHA) made changes to their …

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Should I Show Buyers My Prelisting Appraisal?

This article was originally published HERE for more articles from Tom Horn you can visit http://birminghamappraisalblog.com Do buyers need to see my prelisting appraisal? I was doing a prelisting appraisal for a client this week and she asked me an interesting question I want to share with you. She wanted to know if she should show the report to buyers looking …

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