Sep 05, 2008 06:05PM

How to measure a home in Charlotte, NC

When real estate appraisers and real estate measure homes, they usually adhere to what is known as the ANSI Standard. In North Carolina, the Real Estate Commission developed what has become known as the "Yellow Book". These guidelines that were developed by the Commission, basically mirror the ANSI guidelines.

Some quick facts on how to measure a home, and what is included in the finished heated, living areas:

1. A home must be heated by a fixed system. This includes, but is not limited to: forced/ducted systems, radiant or solar heat, that is permantly attached to the dwelling. A portable heater is not considered as a coventional heating system.

A property does not have to have a A/C system.

2. A home should be finihsed with similar materials that are accepted by the market.

3. The ceiling height should be of atleast seven feet. Some exceptions apply.

4. For a room to be considered as living area, it has to be directly accessible through other heated, and finished living areas. For example, a room cannot be counted as a living area if it can only be accessed through the garage.

5. Any area that is below grade, cannot be counted as "above grade living area", no matter how good the quality of the finish is.

This does not mean that the area below grade is worth less than the area above grade. In some homes, the quality of constrcution is equal to, or better than the above grade living area. Although in some homes, mainly older homes, the quality is inferior with such items such as veneer panel walls, and drop ceilings.

So why does my square footage differ from the plans when purchased new, or the county tax records?

On average, the home will grow from when it is compared to the plan square footage. The appraiser or real estate agent should measure the home from the exterior, at the FACE OF THE WALL, not from the vertical trim pieces. While the county tax accessor does measure each and every home, they do round the numbers a little differantly than appraisers, and they have to measure every home in an entire city, so mistakes are bound to happen.

The American National Standards Institute (ANSI) adopted a standard for measuring single-family residences. This standard is known as Z765. This standard is reconized by architects, various state boards, Fannie Mae, and HUD/FHA.

Sep 04, 2008 05:00AM

Appraisal Types Offered Charlotte, NC

Valuation Experts offers more detail, research, and analysis in our base appraisal reports, as compared to our compettion.

Valuation Experts offers a variety of appraisal products in order to meet our clients needs. Many clients are under the impression that all appraisal products are the same, all appraisers do the same amount of research and anaylsis, and that all appraisers will come up with the same value conclusion. This is simply not true. The recent changes to USPAP now allows the appraiser to offer different types of appraisal products. This is called the Scope of Work rule.

Scope of Work: the type and extent of research and analysis in an assignment.

Scope of work includes, but is not limited to:

- the extent to which the property is identified;
- the extent to which tangible property is inspected;
- the type and extent of data researched; and
- the type and extent of analysis applied to arrive at opinions or conclusions.

An appraiser must be prepared to demonstrate that the scope of work is sufficient to produce credible assignment results, that credible assignment results require support by relevant evidence and logic, and that the credibility of assignment results is always measured in the context of the intended use.

Each written appraisal report must be prepared under one of the following options:

- Self-Contained Appraisal Report

- Summary Appraisal Report

- Restricted Use Appraisal Report

The most common type of reporting option is the Summary Appraisal Report. As noted by the name, this report is a summarization of the data, techniques, etc. used in the report. The majority of the data and techniques are kept in the appraisers work file.



We are a full service appraisal, consulting and real estate solutions provider located in Matthews, North Carolina. We are FHA approved, and specialize in high-end residential properties, golf course communities, and lake front properties. We also have extensive experience appraising REO/Foreclosure properties for Fannie Mae.

Our main areas for our appraisal services are: Mecklenburg County, Union County, Gaston County, Iredell County, and Cabarrus County.

The President of the company is a North Carolina native, and is a State Certified Appraiser, a State Licensed RE Broker, and a State Licensed General Contractor. Our President has extensive knowledge in the field of real estate, and construction. Our Family is very active in the development of residential subdivisions in Mecklenburg, Union County, and the surrounding areas.

We are proud of our history and look forward to a future that includes even more innovative ways to give our clients the competitive edge they require.

Our certified FHA appraisers are ready to serve you!!

Sep 04, 2008 04:46AM

Home Measuring Charlotte, Mecklenburg, Union, NC

Top Five Reasons for Getting a Home Measured:
1. Reduces the Liability for all parties.

2. Saves time!! Let's you do what you do best, and that is list and sell homes!!

3. Provides a potential buyer with a visualization tool. This in turn will save you time and money because it narrows down the choices and helps the potential buyer make a faster and more informed decision.



4. Improves the MLS data. Everyone knows how inaccurate the tax records are.

5. Less hassles. More than likely the lender will order a home appraisal. An appraiser will then measure the home to determine the square footage. If the home was listed at the incorrect square footage, the appraised value could be different than what was to be expected. This could cause the loan to fall through, and in turn, you could have a disgruntled seller and buyer. Home measuring Charlotte NC


Valuation Experts is a residential property appraising firm offering home appraisals in Charlotte and the surrounding areas. We have local expertise dedicated to providing appraisals and other real estate services through analytic discipline and a team approach. Our company's philosophy is to provide a objective appraisal to our clients in making informed lending, buying, and selling decisions. All of our appraisers are certified by the State of North Carolina
and are FHA approved appraisers.

Aug 25, 2008 01:38PM

Appraisal Charlotte NC

Unofficial historical archive. Not affiliated with or operated by Valuation Experts, Inc.

Aug 17, 2008 06:07PM

Home Values Charlotte North Carolina

Valuation Experts is your local home appraiser. Unino County is one of the most desirable areas in North Carolina. And even further down the spectrum you see areas that are splendid where NC house values are strong. The best way to find out the accurate truth is to order an real estate home appraisal from Valuation Experts.

How can you determine Union County, North Carolina Property Values? By hiring a local property appraiser who has extensice experiance appraising Waxhaw, North Carolina Properties. Because of this, the appraiser's job holds great importance to anyone who seeks to buy or sell a home in Union County, as they are the ones who through extensive research determine Indian Trail property values.

Home value is very important in Monroe, as homes values could be deprecaiting. There is nothing more encouraging than knowing the actual property value of your Union, NC. Get your Home Value form a home appraiser who knows Marvin, NC well. Home value is determined by critically examining all of the available data related to a particular home. Many Weddington Realtors now have the ability to post all of the listings in the Carolina MLS on their own public websites. Most Multiple Listing Services also upload their inventory to national sites. These numbers can be misleading in a declining market.

A property coupled with an appraisal equates to Union County, home value. This is accomplished by taking recently sold sales, and active and pending listings of the Mecklenburg, County home and comparing it to an average set of standards, which are dictated by the Waxhaw, NC home values in the area. In its simplest form the home is compared to House A and to House B and from there an estimated home value is determined. Although this is a brief summary at best, it does help to illustrate the principles of home evaluation. Get fha appraisers in Mecklenburg, NC www.valuation-expert.com or www.charlotte-appraiser.net.

Get a real estate appraisal today by clicking on the ?order appraisal tab?. In the world of Iredell County, North Carolina real estate there is nothing more important than a Cabarrus, County NC real estate FHA appraisal. Since this is the case, understanding some of the aspects that a real estate appraisal looks at should be a top priority for anyone wishing to buy or sell property because an educated consumer is most often a happy one. Determine your home value by ordering a real estate appraisal from Valuation Experts, in Matthews, Charlotte, Union County, North Carolina.

Dec 31, 1969 04:59PM

Don?t Throw The Baby Out With The Bathwater

In October, I wrote an editorial entitled ?Lessons From Prior Downturns?, in which I tried to outline what sorts of things guide our company and what we have available as experience to bring to bear on the current downturn.

Dec 31, 1969 04:59PM

Unfortunate Sign Of The Times:  Crime

Whenever there?s an economic downturn, crime goes up. The explanation is pretty simple: When money is flowing freely and jobs are plentiful, the risks of getting caught engaging in a crime outweigh the rewards. But when money dries up and jobs disappear, local police departments consistently report that crimes of almost all types rise, and especially those involving any sort of potential financial gain.

Dec 31, 1969 04:59PM

Complex Problem, Simple Solution

With each issue of The AppraisalPress, we find ourselves discussing how dramatically things have changed in the short span since the last issue. While we originally thought we'd be dealing with a rapid comment-and-revision cycle on the proposed HVCC a year ago, we never envisioned it dragging out this long (the "final" HVCC takes effect May 1st), nor did we think there would be so much chaos and tumult along the way. It's an understatement to say that things have been out of control. It's certainly made our jobs harder, but even more importantly, it's made yours almost completely unpredictable. Even with a final set of HVCC regulations out, there's still not a definitive view of what will happen from a regulatory perspective in the industry. Both the final HVCC and the "new" Federal Reserve guidelines are so riddled with loopholes and exemptions that, even if we had a stable overall governmental outlook, there would be no way to accurately assess how the regulations will be implemented on a day-to-day basis.

Dec 31, 1969 04:59PM

Our Official Response To The New Federal Reserve Regulations

The new federal regulations aren?t necessarily worse than the HVCC, but they aren?t better either. The huge built-in loopholes prevent them from actually having any beneficial effect in reducing lender pressure, but they also make them somewhat irrelevant since they can be so arbitrarily applied. Here is our response to these regulations.

Dec 31, 1969 04:59PM

Gypsy Rich?s HORRORscopes II

Aquarius (January 20-February 18): This is the dawning of the age of? ah, you know the rest. If you don?t go back and read your history, the laserdisc of ?Hair? will do. Until then my water sign, you?ll be pleasantly surprised

Dec 31, 1969 04:59PM

How to Get What You Really Need Out of Your Website

Sites that had sent out an XSellerate campaign in the past 30 days received 3 times the hits than those that hadn?t and received 40% more leads.

Dec 31, 1969 04:59PM

Appraisers: Don?t Develop a Short Memory

?I swear if I get through this market downturn, I promise I?ll keep on marketing so I?m never this scared again of not being able to pay my mortgage/car payment/alimony/etc.? Yet not surprisingly, here we are in this ?refi mini-boom? and many appraisers who have been marketing as fast and as furiously as possible for the last year have slowed down or stopped entirely.

Dec 31, 1969 04:59PM

15 Tried And True Ways To Cut Costs In 2009

Here we are in 2009 at last. The economy is shaky, the industry is looking at some big changes, and we?ve just come through a harrowing year that made us all get serious about getting control of what we spend and looking for new ways to cut back. So for these reasons, I thought it germane to visit anew some of the many ways that you as an appraiser can make significant cost savings from technology either already at your fingertips, or readily available.

Dec 31, 1969 04:59PM

New Training For Even The Most Experienced Users

In January we launched our first ever dedicated ?class track system? and they're by far the most popular classes we've ever done online.

Dec 31, 1969 04:59PM

Windows 7 Is Looking Good

Unless you follow tech news, it may come as a surprise to you that the next version of Windows is almost ready for prime time.�