by John Tsiaousis | Nov 4, 2015 | Chicago Real Estate Trends
Chicago Market Report: The 2 bedroom condo sales facts are in for Uptown. The housing price ranged from $125,000 on the low end to $360,000 on the high end. The average sold price ($256,750) was close to the median sold price ($253,000). Two-bedroom condos on average...
by John Tsiaousis | Oct 28, 2015 | FHA Appraisals
In my last appraisal post, I started the conversation as to why house appraisers were turning down FHA appraisals nationwide. With the new changes that became effective September 14, 2015, there is a perception of the increased scope of work and liability. The...
by John Tsiaousis | Oct 12, 2015 | Uncategorized
Chicagoland Appraisals is proud to announce it has teamed up with the Foundation For Prader-Willi Research and is offering an opportunity to win a free home appraisal. What is the Foundation For Prader-Willi Research (PWS)? PWS is a genetic disorder that occurs at...
by John Tsiaousis | Sep 29, 2015 | FHA Appraisals
As of March 18, 2015, over 225 existing handbooks, mortgagee letters and other policy documents were consolidated into the 4000.1 HUD HANDBOOK. This was meant to consolidate the FHA Single Family Policy to a comprehensive single source and reduce the ambiguity of what...
by John Tsiaousis | Aug 27, 2015 | Appraisal Tips, Chicago Appraisal FAQ
In our last post, we talked about Chicago’s Near South Side being at an all-time high in 2 years and it was a very good time to sell. This post talks about the 4 things you should tell the home appraiser when selling your home. When a home for sale goes under contract...