O'Neil Appraisal Services, LLC

10/30/2024

Just because they tell you it’s “ok” … doesn’t mean it’s actually “ok”

10/26/2024

Business owner friends … the deadline to file the Beneficiary Owner Information is the end of the year. Don’t pay someone to do it, it’s very simple to do yourself. Steep fines if not done by the deadline.

03/22/2019

https://www.google.com/amp/s/www.cnbc.com/amp/2019/03/21/a-key-recession-indicator-just-did-something-that-hasnt-happened-in-12-years.html

The three-month bond yield eclipsed the 10-year note Friday morning, a traditionally strong sign that a downturn is looming.

12/29/2015

Just a heads up for yourselves and your clients, there are STILL appraisers out there that are coming from out of the area. I am an appraiser and just completed a desk review of an appraisal done in October. The original appraiser came from 75 miles (seriously) away and had about an hour and a half drive time. The subject property was located in Chesterfield Co and there is an ABUNDANT amount of closer appraisers than the one the management company (not the bank) chose. The inspection was completed 28 days BEFORE the report was signed. This is ridiculous. No standard run of the mill appraisal takes a month to complete.
Check with you appraiser when they call to schedule appointments to make sure that they are local.

11/25/2015

Birmingham, AL real estate appraiser Tom Horn discusses 7 Things an appraiser has to be thankful for. What are you thankful for?

11/12/2015

Some days can bleed into the next and all the houses seem to be a blur. I have been appraising for 13 years and have seen ALOT. Some homeowners may be offended when their "new" carpeting (which was replaced a mere 7 years ago) doesn't skyrocket their home's value over the entire neighborhood. In appraisal, the grass is always greener on the other side. Unless you're that guy with the greenest grass and then the appraiser will probably note your lawn to be an over improvement and not assigned any value.
I've said this before but the very best thing you can do is to keep up with your neighborhood. Renovate if everyone else is and leave it alone if no one is.
Side note here ... I saw this incredibly cute pup the other day. His wagging tail brightened my day!

11/12/2015

11/12/2015

Home appraisal mistakes cost Dallas man thousands

09/12/2015

New FHA Requirements Put More Responsibility and More Liability on FHA Appraisers
After reviewing the new HUD handbook, my overall conclusion is that there were not many changes to the overall requirements other than the word MUST....

07/30/2015

http://www.housingwire.com/articles/34592-the-two-biggest-challenges-plaguing-the-appraisal-industry

There are two major challenges that the appraisal industry is dealing with. In an interview with HousingWire, Scott Pickell, vice president and chief appraiser at LRES, discussed recent hurdles appraisers are facing, focusing on compliance and new appraisers.

07/22/2015

http://sacramentoappraisalblog.com/2015/07/21/5-reasons-why-appraisers-call-for-repairs-to-be-made/

Repairs are required. Those can be scary words during an escrow, yet they're fairly common. Why do appraisers call out some repairs? Is there some sort of list or manual that tells appraisers what ...

03/04/2015

http://birminghamappraisalblog.com/appraisal/three-questions-an-appraiser-will-not-answer-during-the-appraisal-inspection/

Birmingham, Alabama real estate appraiser Tom Horn discusses three questions an appraiser will not answer during the appraisal inspection.