by John Tsiaousis | Feb 28, 2018 | Chicago Home Appraisal Blog, FHA Appraisals
If you have a deficient condition such as this you may want to repair it prior to an FHA Appraisal. Appraisers must operate faucets to observe water pressure and flow. This is an example that there is low water pressure and an FHA appraisal will be made subject to...
by John Tsiaousis | Jul 13, 2017 | Appraisal Tips, Chicago Home Appraisal Blog
I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. The title is definitely eye-catching especially to an appraiser...
by John Tsiaousis | Mar 14, 2017 | Chicago Home Appraisal Blog, Chicago Real Estate
On February 9, 2017, Sen. Pamela J. Althoff in the Illinois Senate introduced legislation that would remove a provision requiring written disclosure to a mortgage loan applicant of the total compensation paid to the real estate appraiser when the home appraisal has...
by John Tsiaousis | Jan 26, 2017 | Chicago Home Appraisal Blog, Chicago Real Estate
The Chicago Association of Realtors has released the 2017 Chicago Residential Lease for apartments, condominiums, single-family homes, and townhomes. In their post from January 4, 2017, the updated 2017 Chicago residential lease with the new security deposit interest...
by John Tsiaousis | Mar 31, 2016 | Appraisal Tips, Chicago Home Appraisal Blog
Where is appraiser pressure coming from now? The same place where it has always come from, from those who have an interest in the property. The most commonly known type of appraiser pressure is in mortgage lending where the seller wants the appraisal as high as...
