September, 2019

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Talking Manhattan Podcast: The Market's Underlying Issues, and How to Value Outdoor space

Miller Samuel

I was just interviewed by Noah Rosenblatt and John Walkup of Urban Digs for their " Talking Manhattan " Podcast. I've known Noah for well over a decade and always enjoy geeking out on the market with him. He's a data nerd with a real estate agent and day trader background. I'm proclaiming that John Walkup has the best real estate-related last name in the business and is clearly able to "elevate" any real estate conversation.

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Home Appraisals vs Online Home Value Calculators

D Fritz Appraisals

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that. Online home value estimates, however, are not a substitute for a house appraisal carried out by a licensed real estate appraiser.

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Buying a Home? Plan for These Hidden Costs

Zillow

You're excited because you just found the perfect home. The neighborhood is great, the house is charming and the price is right. But the asking price is just the beginning. Be prepared for additional - and often unexpected - home-buying costs that can catch buyers unaware and quickly leave you underwater on your new home. Expect the unexpected. For almost every person who buys a home, the spending doesn't stop with the down payment.

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Minnesota Real Estate Appraisal Services Nominated in Two Categories in Annual Readers Poll

MN Real Estate Services

Minnesota Real Estate Services has been nominated as one of the area’s top 3 “Best Appraisal Companies” and also in the top 3 for the “Best Commercial Valuation” in the annual readers poll conducted jointly by the readers of Minnesota Lawyer and also Finance and Commerce. Actual top place winners will be announced on September 26th.

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The 3 Types of Builders: Tract, Spec and Custom

Hood Homes Blog

Updated 9/23/2019; Originally published 10/6/17. Takeaways. Understanding what kind of builder you are working with will allow you to get the most from your home purchase. The Three Types. There are three business models that define most residential home builders: tract, spec, and custom. Each of these models offers different benefits and drawbacks for new construction homebuyers to consider.

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I'm sorry Chip and Joanna Gaines lied to you.

Town & Country Residential Appraisals

We love Chip and Joanna Gaines - they’re cute, spunky, hard working folks. They’re an adorable couple, but sometimes we cringe at the real estate statements that come out of their mouths - and they are some of the better ones on HGTV. Chip and Joanna claim to “take the worst house in the best neighborhood, and turn it into our clients dream home,” and on its face, this sounds pretty good.

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Appraisal-speak: New Assignment

Walitt Solutions

A fellow appraiser recently reached out to me and we had an opportunity to have an appraiser-to-appraiser email exchange. The issue related to a client’s request for a 1004D form: I received a request from a lender client to complete the 1004D Update Appraisal. I did the original appraisal four months ago. I referred my client to the 2018-2019 USPAP Advisory Opinion 3 “Update of a Prior Appraisal”, but I am still having trouble getting them to understand that this is a New Assignment.

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5 Reasons to Buy a Home This Fall

Zillow

Real estate markets ebb and flow, just like the seasons. The spring market blooms right along with the flowers, but the fall market often dwindles with the leaves - and this slower pace could be good for buyers. If you’re in the market for a home, here are five reasons why fall can be a great time to buy. 1. Old inventory may mean deals. Sellers tend to put their homes on the market in the spring, often listing their homes too high right out of the gate.

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The Downsizing Trend: A Path to Wealth.

Town & Country Residential Appraisals

As the largest generation in 100 years comes into retirement, they are following the general trend - downsize. However, the younger generations are not following the historic trend of increasing the size of their homes. As supply rises and demand falls, there can only be one outcome, price declines. “ “Big houses are a waste. People are still in a mode of thinking about houses that is kind of 19th century.

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11 Best Water Parks and Summer Fun Near Killeen, TX

Hood Homes Blog

Stillhouse Hollow Lake and Dana Peak Park. Harker Heights. Killeen is blessed to have not one but two lakes nearby and very accessible. Stillhouse Hollow Lake is the slightly larger one, featuring the most opportunities for a small amount of boating, hiking, biking, horseriding, and camping (I hear that Belton Lake, consequently, is better for fishing).

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11 Romantic Things to Do for Date Night in Killeen, TX

Hood Homes Blog

Ok, I’ll be straight up with you. Almost nothing here is actually in the city limits of Killeen. It’s true. Killeen is not a mecca of culture, romance, and. Chalk Ridge Falls Park. What is more romantic than waterfalls? Located in Belton near the Stillhouse Hollow Lake Dam, the Lampasas River comes trickling from the lake on its way to the Gulf of Mexico.

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Town & Country Residential Appraisals

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Everything You Need to Know About the Texas Seller’s Disclosure

Hood Homes Blog

Updated 9/23/2019; Originally published 4/9/2018. Takeaways. The Seller’s Disclosure is required by law, but ultimately not very useful Do your own due diligence on a property, including a third party inspection ! The seller is responsible to keep the seller’s disclosure updated. Texas Seller’s Disclosure Law. The Seller’s Disclosure is required under Texas State law.

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8 Must-See Museums Near Killeen and Fort Hood, TX

Hood Homes Blog

1st Cavalary Division Museum. The closest must-see museum for anyone new to the Fort Hood area is on post – the 1st Cavalry Division Museum. The museum has a small indoor exhibit and gift shop. But the best of the museum is too big to fit indoors. The walkway features numerous historical machines of war. Fort Hood is a heavy BCT post, after all.