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Omaha Appraisers are Getting Tougher

01-24-12
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team: Real Estate Agent in Omaha, NE
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Appraisers are Getting Tougher

As real estate values have slipped the last few years and with lenders tightening their standards for writing mortgages, appraisals have become much more stringent.

If you are not familiar with the basics of an appraisal, check out What is an Appraisal?

In the heyday of real estate appreciation, and by that I mean 2005 and the several years prior, nearly every house appraised for more than it sold for. At that time lenders did not scrutinize appraisals as they do now; after all since property values could only appreciate, or so people thought, why would anyone be concerned about appraisals. As a result, appraisers could be a more lenient order to reach an appraised value that met or exceeded the purchase price.

Now with homes values down and lenders wary of giving mortgages to anyone except the most qualified, lenders are closely reviewing appraisals. Appraisers now are much more careful on selecting comparable sales and making adjustments as they know that lenders may question the appraisal and the decisions that went into producing it. On top of that there has been a lot of media attention to the sky high appraisals of recent years contributing to the current state of the real estate market, adding additional pressure on appraisers to produce accurate numbers.

What this boils down to is that many homes are not appraising for their purchase price and as a result those purchase prices have to be lowered to the appraised value or the sale falls apart.

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Homes for Sale in Millard Park, Omaha NE

01-02-12
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team: Real Estate Agent in Omaha, NE
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Homes for Sale in MillardPark, OmahaNE

Currently there are 15 homes for sale in MillardPark ranging in price from $122,900 to $250,000. The average asking price is $189,226. Over the last six months 23 MillardPark homes sold. The sales ranged from $149,000 to $277,986 with an average price of $207,648.

Search all of the homes for sale in MillardPark and other areas of Omaha.

Real Estate Market, Community and School Information for zip code 68136 in Omaha.

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Mud Jacking 101

12-29-11
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team
Omaha Real Estate & Omaha Homes for Sale - The Trumm Team: Real Estate Agent in Omaha, NE
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  • Mobile: (402) 943-9494

So you’re out looking for a new home in Omaha and you think you may have found the perfect one, but you notice that either the sidewalk or the drive way has settled a little. Well don’t let that keep you from finding your dream home. The solution may be mud jacking. It’s a simple process as far as fixing areas in the driveway or sidewalks that need to be raised because of soil erosion that has caused the concrete to sink.

Mud jacking is the term most commonly used in Omaha but the process is also known as slab jacking, concrete lifting, concrete raising, and slab leveling, is a process of basically drilling holes into the existing concrete, placing a line in the hole and forcing this slurry mix underneath the concrete to raise it up. These slurry mixes consists of water, soil, sand and cement that cure to create a solid, sable foundation under the concrete. It does need time to cure or set up so it’s best to not put anything on the area for a few days or longer, the contractor that you hire would be able to tell you the exact amount of time needed to cure. Mud jacking is a professional job so I recommend never trying to do it on your own unless you have the training of a professional mud jacker.

Mud jacking can also be used to help fix the settling of the foundation. How it works is a foundation contractor will go and level the settled sections of the foundation by using push piers, using them to lift the masonry to a level position. When this is complete, mud jacking can be done to fill in the empty space beneath the footing created by the lifting; this will create a stable long lasting foundation. There are several different companies in Omaha that are qualified to do the job.

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Whitehawk Omaha Nebraska Homes for Sale - Dec 2011

12-09-11
Alex Heyen
Alex Heyen: Real Estate Agent in Millard, NE
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  • Office: (402) 203-3883
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Market Report for Whitehawk Omaha NE for Dec 09, 2011

Douglas County Omaha Real Estate

Currently there are 18 homes for sale in Whitehawk Omaha Nebraska. The highest list price is $419,000 and the lowest list price is $175,000 with an average list price of $291,375. The lowest number of days on market is 18, and the highest number of days on market is 437 with an average days on market of 149.

If you would like to search Whitehawk Omaha NE homes for sale, be sure to check out our great online home search which includes all homes, houses, condominiums, land, foreclosures, shortsales and hud homes.

The search includes Douglas County Nebraska Real Estate | Omaha NE Real Estate | Whitehawk Omaha Nebraska Real Estate.

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Linden Estates Omaha Nebraska Homes for Sale - Dec 2011

12-08-11
Alex Heyen
Alex Heyen: Real Estate Agent in Millard, NE
  • view my blog
  • Office: (402) 203-3883
  • Mobile: (402) 203-3883





Market Report for Linden Estates Omaha NE for Dec 08, 2011

Douglas County Omaha Real Estate

Currently there are 14 homes for sale in Linden Estates Omaha Nebraska. The highest list price is $3,900,000 and the lowest list price is $300,000 with an average list price of $1,305,214. The lowest number of days on market is 70, and the highest number of days on market is 231 with an average days on market of 141.

If you would like to search Linden Estates Omaha NE homes for sale, be sure to check out our great online home search which includes all homes, houses, condominiums, land, foreclosures, shortsales and hud homes.

The search includes Douglas County Nebraska Real Estate | Omaha NE Real Estate | Linden Estates Omaha Nebraska Real Estate.

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