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How to read an appraisal: Part 8

As we near the conclusion of our series on how to read the URAR 1004 Appraisal form that is used for most lender transactions, we will...

2021 Richmond Market Update

With news reporting that assessments have increased by 13.7%, how can you dispute your taxes if you feel the new assessment doesn't...

How to read an appraisal: Part 7

Today we look at how to read the top of page 2 of the appraisal report. I'll be using this sample that was produced by the...

How to read an appraisal: Part 6

Today's post will wrap up the left-hand side of the URAR 1004 before we move into how to read the analysis (everything to the right)....

How to read an appraisal: Part 5

Today we dive into the quality and condition on the URAR 1004. Before we dive into the terms and definitions used by Fannie Mae, lenders,...

How to read an appraisal: Part 4

Many people skip to this page of the report to "find the number' that the appraiser came to. Today we will break down the form line by...

How to read an appraisal: Part 3

Today we reach the bottom of page 1 of the most commonly used form for real estate appraisal. I'll address the different portions of the...

How to read an appraisal: Part 2

This week we continue to dive into the URAR 1004 Form that is used in most lender transactions. Above we see the "Neighborhood" and...

How to read an appraisal: Part 1

This week we begin a multi-part guide on how to read the appraisal report that has landed in front of you, by going through the most...

What is market value?

Ask a lender, agent, and appraiser to define this, and you'll likely get three different definitions. Today we'll look at why the real...

Stages of a real estate bubble.

There are a few articles out on what a bubble is composed of. Today we'll look at some of the stages required to reach a bubble and see...

Basements =\= Above Grade

In recent conversations with homeowners and realtors, the topic of "Above Grade" and "Below Grade" living areas has come up. In these...

Bubble Watch

In analyzing new construction, with prices being driven up by short-term shortages in materials, its hard not to ask the question - will...

Bubbles?!

There are a lot of voices on both sides of the bubble opinion that are making their voices heard. To be clear, the data is as different...

Redlining Richmond: special video

Today, we recommend the recent work of Extra Credits: History, on the topic of redlining, featuring a story from Jackson Ward.

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