Listen to the "Just Ask the Appraiser" Podcast
We are helping our clients navigate the Real Estate Appraisal Process in an ever-changing environment. Mr. Hamrick has over 35 years experience in the real estate appraisal profession. He designs and teaches real estate appraisal classes at the university and corporate levels. His extensive studies have allowed him to obtain the Appraisal Institutes designation of MAI, the Appraisal Institutes AI-GRS review designation and has been placed on the AI Green Registry for Residential and Commercial Green/High Performance property valuation.
Our goal is to provide those that we serve, a better understanding of the real appraisal process and how it applies in their lives.
Available wherever you get your podcasts.
EPISODES
EPISODE 1: CAN I TALK TO THE APPRAISER?
Nicole B. asks Miles Hamrick if she can talk to the appraiser that is coming to her home and what the appraiser will be doing? Miles answers these questions and provides tips for preparation for the appraiser's site visit.
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EPISODE 2: THE REAL ESTATE TAX MAN IS COMING!
Is your local county in North Carolina in the process of reevaluation? If so, get ready for those NEW tax bills based on the past two years of real estate sales.
Listen to this episode to understand how to contest your tax value and key points from Miles. He served six years on the Gaston County Board of Equalization and Review, hearing complaints from property owners.
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EPISODE 11: What are the Uniform Standards of Professional Appraisal Practice (USPAP)?
In this episode, we will break down what USPAP is and why it is crucial for real estate appraisers. USPAP is a set of ethical and professional standards developed by the Appraisals Standards Board of the Appraisal Foundation. These standards ensure the highest level of professionalism and ethics in their practice.
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EPISODE 13: what is flood insurance?
What is a flood insurance? Do you really need it? Is your property in a high-risk flood zone? Flood insurance is a specialized insurance policy designed to protect you from financial losses caused by flooding. Unless your typical homeowner’s or renter’s policy - which may cover damage from various incidents - flood insurance is essential for safeguarding your property against flood-related damages.
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EPISODE 16: gross rent multiplier
In this episode, we learn about gross rent multipliers and how it applies to the real estate appraisal industry. The gross rent multiplier (GRM) is a screening metric used by investors to compare rental property opportunities in a given market.
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EPISODE 18: the five types of deeds
In this episode, we dive into the world of deeds in real estate. Deeds play a pivotal role in property transactions. Understanding the various types of deeds are crucial.
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EPISODE 3: NORTH CAROLINA TAX APPEAL APPRAISING INFORMATION
Are you an appraiser looking to expand your tool box? This information is for North Carolina Appraisers; however, you could use it to find how this process would apply in your state. We have used this information to expand our consulting and appraisal business in North Carolina.
The content provided is from a presentation I provided to the North Carolina Chapter of the Appraisal Institute at their 2023 Real Estate Valuation Conference. You may email me for a PDF of the slides discussed in this presentation at miles@mileshamrick.com.
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EPISODE 9: what is cost, price, and value?
What is the cost, price and value of real estate? How are they similar? How are they different? In this episode, we will discuss if cost equals value and how value enters into that equation.
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EPISODE 4: who is miles hamrick?
Learn about Miles, his background, and vast experience as a Real Estate Appraiser.
Miles has over 35 years’ experience in the real estate appraisal profession. He designs and teaches real estate appraisal classes at the university and corporate levels. His extensive studies have allowed him to obtain the Appraisal Institutes designation of MAI, the Appraisal Institutes AI-GRS review designation and has been placed on the AI Green Registry for Residential and Commercial Green/High Performance property valuation.
Click HERE to listen.
EPISODE 5: what is a walkability score?
We take a dive deep into the fascinating world of walkability scores. We will discuss how they can transform your community into a more vibrant and livable space. Simply put, they measure how friendly an area is to pedestrians.
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EPISODE 6: buy a larger home for pets?
Should I buy a larger home and take on a 30-year mortgage for my pet? In this episode, we explore this intriguing and unusual topic.
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EPISODE 7: what is an avm?
What is an Automated Valuation Model (AVM)? Is it similar to an appraisal? Are they as accurate as appraisals? In this episode, we embark on a journey into the fascinating world of property valuation. The Automated Valuation Model (AVM), is a technologically-driven approach that is revolutionizing the way we value property.
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EPISODE 8: should i stage my home to sell?
What are the pros and cons to Staging a Home to Sale? Does it help? In this episode, we will dive into the world of home staging. We will explore whether or not it is worth the effort and expense for sellers.
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EPISODE 10: four government controls on real estate
The FOUR government controls on real estate ownership are taxation, eminent domain, police power (zoning), and escheat. In this episode, Miles breaks down each concept and shares examples.
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EPISODE 12: what is a land survey?
What is a land survey? Do I need one? In this episode, we explore land surveys and their crucial purpose to help maintain property rights, resolve disputes, and facilitate construction and development. Land surveys are meticulous measurements and mapping of a piece of land’s boundaries, features, and physical characteristics.
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EPISODE 14: what is the contigent valuation model?
In this episode, we learn about Contigent Valuation Method (CVM) and how it can be applied in the world of real estate appraisals.
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EPISODE 17: what are encumbrances?
In this episode, we explore the world of encumbrances. An encumbrance is a claim made against a property by someone other than the current titleholder. Some claims, such as those in commercial cases, do not affect the value of the property. Common types of claims include leases, property tax liens, easements, and mortgages.
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EPISODE 15: real estate easements
In this episode, we learn about real estate easements, why are they important, and how they affect the world of real estate. These can have a significant impact on the value and use of a property.
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