Posts Tagged ‘Alabama real estate appraiser’

The Stone Creek Subdivision is located along the east side of Alabama State Highway 181, approximately 2 miles south of Fairhope Avenue, and about 4 miles East Southeast from the town center of historical Fairhope, Alabama.

Stone Creek, Phase 1, Subdivision was developed on around 330 acres, formerly a hunting preserve. This first phase has 78 lots per record with about 18 common area & green belt parcels.The developer’s concept is a village community with a lodge, rock water features, stocked lakes, swimming pool, tennis courts, village shopping center, walking trails and a wetland preserve.

The majority of the homes will range from 2,400+ square feet to 4,500+ square feet with primarily four bedrooms and three to four bathrooms. There are only a couple of homes having three bedrooms and one home having six bedrooms according to the online records.

The Average List Price is around $443,462 for the month of October 2009, down $54,624+ when compared to July 2009 having an Average List Price of $498,086.

The Average Sale Price is around $485,583 for the month of October 2009, down only $1,384+ when compared to July 2009 having an Average Sale Price of $486,967.

The Listing Price To Sales Price Ratio is now approximately 90.986% for the month of October 2009. The month of July 2009 the ratio was 98.02%.

The REALTOR online records indicates the Lowest Price Listing is now $381,500 for the month of October 2009 (July 2009 was $369,900.). The Highest Price Listing is now $573,500 (July 2009 was $795,000.).

The Stone Creek Months Of Housing Supply calculates to be around 11.94 months for the list to sale time period. Although, Stone Creek appears to have more stable property values when reviewing the calculated inventory analysis for the subdivision.

The above information was obtained from the Baldwin County Association of REALTORS, Albert M. Cheney, Certified Appraiser, (251) 533-2424, is an associate member of this REALTORS’ organization. (Real Estate Appraisers Daphne, Fairhope, Spanish Fort, Alabama)

When interviewing a home inspector within The Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama, ask the home inspector what type of report format he or she will provide for you. There are many styles of home inspection reports used by property inspectors, including the checklist, the use of computer generated inspection programs and the narrative style.

Some home inspection reports are delivered on site but most may take as long as 4 to 6 delivery days. All of the home inspection report systems have pros and cons.

The most important issue with a home inspection report is the descriptions given for each item or component. A home inspection report which indicates a condition as “Good,” “Fair” or “Poor” without a detailed explanation is vague and can be easily misinterpreted by a reader. An example of a vague condition would be:

Kitchen Sink: Condition – Good, Fair or Poor.

None of these descriptions will give the homeowner enough of a reason for the problem. Does the sink have a cosmetic problem? Does the home have a plumbing problem? A good home inspection report should supply you with enough descriptive information about the home’s condition and its site. An example of a descriptive condition is:

Kitchen Sink: Condition – Minor wear, heavy wear, damaged, rust stains, or chips in enamel finish. The recommendation is sealing the sink around the counter top.

As you can see, this narrative description includes a recommendation for repair. Narrative home inspection reports without recommendations for repairing deficient items may be difficult to comprehend if you have limited knowledge of construction.

You should take the time to carefully read your home inspection report and become very familiar with its comments and recommendations. Your home inspection report should have a legend, key, symbols or icons which will assist in understanding your report. It is much easier to understand the overall condition of a home if a home inspector provides sufficient information. Therefore, interview and carefully choose your home inspector wisely.

At the end of the inspection, your home inspector may provide a summary with a question and answer period. Use this opportunity to ask questions regarding terms or conditions you may lack familiarity. An experienced home inspector should be able to explain confidently with answers to your questions. If for some reason a question cannot be answered at the time of the inspection, the home inspector should research the question and obtain an acceptable answer for you. For instance, if the home inspector’s report states that the concrete foundation has common cracks. Then, consider asking, “Why are they common cracks?” An appropriate answer might be: “Common cracks are usually due to normal concrete curing and or shrinkage.”

Cheney Appraisal Services recommends that you accompany your home inspector through the entire inspection if at all possible. By doing this, it should help you better understand the condition of the home and the details of the inspection report.

Again, read the home inspection report completely and understand the condition of the home you are about to purchase. After all, it is more than likely, one of your largest investments you will ever make!

Below are most of the home inspection companies to assist you within The Mobile Bay Metro Area, Baldwin County and Mobile County of Alabama (Bay Minette, Bayou La Batre, Belle Fountaine, Bon Secour, Calvert, Chickasaw, Chunchula, Citronelle, Daphne, Dauphin Island, Eight Mile, Elberta, Elsanor, Fairhope, Foley, Fort Morgan, Grand Bay, Gulf Shores, Hollingers Island, Irvington, Josephine, Kushla, Lillian, Loxley, Malbis, Magnolia Springs, Marlow, Mauvilla, Miflin, Mobile, Montrose, Mount Vernon, Ono Island, Orange Beach, Oyster Bay, Perdido Beach ,Perdido, Point Clear, Robertsdale, Saraland, Satsuma, Semmes, Silverhill, Spanish Cove, Spanish Fort, Stapleton, Stockton, Summerdale, Theodore, Whistler, Wilmer, Wolf Bay).

Please also check resources, such as, online telephone directories for other home inspection companies. A client, homeowner and or visitor should always interview a home inspector before contracting their services.

http://www.amerispec.com/
http://cartierinspections.com/
http://www.hometeaminspection.com/
http://www.homesouthinspections.com/
http://www.affordable-home-inspections.com/
http://www.nahi.org/al-alabama-home-inspector.asp

Are you looking for Alabama Appraisers, Alabama Certified Appraisers, Alabama FHA Appraisers, Alabama Appraisers Baldwin County, and Alabama Appraisers Mobile County? Then always remember, Al Cheney, Cheney Appraisal Services, “Certified” Appraiser, when ordering home appraisals within Baldwin County and Mobile County, Alabama. Call (251) 533-2424 with your order and questions.

Are you looking for other appraisers in the southeastern part of the United States? Well, Cheney Appraisal Services is continually updating its web site with listings and web links to “Certified” Appraisers in other major cities and towns of Alabama as well as in Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee and Texas.

http://www.mobilealabamafharealestateappraisers.com/ – How Will New RESPA Changes Settle In Mobile Alabama Real Estate?

Watch and Listen to Murfreesboro, TN Realtor & Broker, John C. Jones, explain the new RESPA Changes, the first changes to RESPA in 30 years!