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Unfortunately, if you are refinancing or purchasing a home by obtaining a mortgage loan through a lender, your home appraisal fee will probably be $350-$500 depending on lender internal requirements as well as their choice of an Appraisal Management Company (AMC); since 21 July 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act created significant financial regulation over mortgage lenders and has also been more detrimental to the consumer in regards to more documentation and higher costs. The mortgage lending red tape has harmed good real estate appraisers trying to adhere to all of the numerous and onerous new regulations for appraisal opinion reporting. The government’s creation of more and more red tape for mortgage lenders has not been helpful but a direct detriment to consumers, home appraisers and the real estate industry as a whole.

Al Cheney is a Certified Residential Real Property Appraiser in the State of Alabama who offers special “non-financial” appraisal opinion reporting primarily within Baldwin County and Mobile County. Most residential appraisal fees will range from $225-$275 depending on location; more complex properties and or waterfront properties are quoted on a case-by-case basis. If you are a consumer/homeowner requiring an appraisal opinion report for estate settlement, property tax reduction and or any other reason not requiring a mortgage loan, call Al Cheney at 251-533-2424 today and discuss your real estate appraisal problem.

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Call Al Cheney at 251-533-2424 in regards to your special “non-financial” appraisal fee for your home within Baldwin County, Alabama. Here is a list of the special “non-financial” appraisal fees within these areas:

Barnwell 36532: $250
Bay Minette 36507: $275
Belforest 36526: $250
Bon Secour 36511: $250
Crossroads 36507: $250
Daphne 36526: $250
Elberta 36530: $275
Elsanor 36567: $275
Fairhope 36532: $250
Foley 36535: $275
Gulf Shores 36542: $275
Josephine 36530: $275
Lillian 36549: $275
Malbis 36526: $250
Magnolia Springs 36555: $250
Marlow 36580: $250
Montrose 36559: $250
Mullet Point 36532: $250
Ono Island 36561: $275
Orange Beach 36561: $275
Oyster Bay 36542: $275
Perdido Beach 36561: $275
Perdido 36562: $275
Pinegrove 36507: $275
Point Clear 36564: $250
Rabun (Rabon) 36507: $275
Robertsdale 36567: $250
Seminole 36574: $275
Silverhill 36576: $250
Spanish Cove 36549: $275
Spanish Fort 36527: $250
Stapleton 36578: $250
Stockton 36579: $275
Styx River 36578: $275
Summerdale 36580: $250
Tensaw 36507: $250
Whitehouse Forks 36507: $250
Wolf Bay 36530, 36535: $275

The above special discounted fees for homeowners within these areas are typical for “non-financial” appraisal reports completed by Al Cheney, a Certified Residential Real Property Appraiser in the State of Alabama, having over 35 years experience within the Mobile Bay Metro Area. More complex and or waterfront properties as well as undeveloped acreage or land will be quoted on a case-by-case basis.

Call Al Cheney at 251-533-2424, www.CheneyAppraisalServices.com/, www.AlabamaRealEstateAppraisals.comAL CHENEY MOBILE EVENING 01122014 INTERNET08

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“Grant Park Entrance Marker”, 13 July 2015

“Grant Park Entrance Marker”, 13 July 2015

The Grant Park subdivision is located in the Midtown West area near major shopping centers and a quick access to U. S. Interstate Highway 65. The vast majority of homes will have 3 bedrooms and 2 full bathrooms with a few homes having an extra half bath. The square foot range is mostly between 1,700 and 2,400. There are only 3 reported home sales within the past 12 months according to the Mobile Area Association of Realtors’ MLS. The average price per square foot is $106.96 and the median sale price is $190,500 based on these three home sales. Al Cheney has very special discounted “non-financial” home appraisal fees ranging from $225-$275 depending on complexity and location. The vast majority of “non-financial” appraisal fees within the city limits of Mobile are only $225 to assist the homeowners in making a decision, i.e. thinking about selling, tax appeal. Call Al Cheney at 251-533-2424 and let’s discuss the appraisal process within the Grant Park subdivision or any other Midtown residential neighborhood. Visit website www.CheneyAppraisalServices.com/ for additional information.

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“A Fragile Economy With High Unemployment And Uncertainty
Will Be More Of A Future Problem Than The BP Oil Spill.”
Al Cheney’s Comments and Opinions for 29 August 2010.

As a local, born and raised in the Mobile Bay Metro Area, I am sincerely happy that the bubbling crude has finally been capped after 90 days-after 90 days! It is worth repeating since this horrific ecological and environmental disaster should have never lasted this long if it wasn’t for the many faux pas by BP Oil and our own government. They say, the majority of the surface oil has dissipated and now can’t be found. Oh, really? The “on the surface” crude problem is only hiding in the depths of the sea-harming crustaceans, oysters and other seafood for years to come.

And, yes! I do realize that biological organisms will thrive on the raw crude and eventually remove it as a major threat but, this will take a very long time. The damage has already been done and its true damage is still hidden in the depths of the sea. Enormous amounts of crude, damaging dispersants, oil soaked wetlands and sea bottoms are here to stay for decades. A possible ecological disaster lurks beneath the sea and within the wetlands for years to come.

Furthermore, the inappropriate government overreach in shutting down oil rigs (overdramatic and very political), media sensationalism damaging our Gulf Coast tourism, and an already weaken real estate industry has created more negative affects upon Alabama and the other States along the Gulf Coast. Honestly, at this time, the affects of any significant real estate recovery and tourism is unknown.

The fact is that, a fragile economy and a weakened real estate industry have been further exacerbated by the crude ecological and environmental disaster, and the crude politics of Washington. And, our tourism for this year has been damaged by irresponsible journalism media. Even so, the coastline of the Gulf States and its real estate will overcome this adversity and will eventually be less affected by the BP oil spill and the many missteps of Washington. The media needs to practice more responsible journalism and avoid the traps of sensationalism. Sensationalism is not journalism!

Well, our coastal properties along the beaches as well as other properties with gulf views and close to water tributaries will eventually improve over time. For now, the recent past spreading of crude through the Gulf of Mexico has resulted in a deeper real estate market slowdown affecting property values near and along the Gulf Coast. Whether legitimate, or not, many homes located well off water tributaries have also been affected to some degree. It is a real estate market slowdown caused by a fragile economy and the worse oil spill known in North America.

From my standpoint, the negative value affects for homes located off the beaches and the Gulf of Mexico should be negligible as time leads us into the future. Then, when looking back in time, I believe, this catastrophe will reflect “a blip on the radar screen” when focusing only on the 90-day oil spill disaster. Then, there could be the possibility of a more normal level and slight positive return of property values; if a more normal level can be equated with a fragile economy under severe stress.

The fragile economy with high unemployment (9.5% but does not include the people who have given up) and uncertainty will be much more of a future problem for Gulf Coast property values than the BP oil spill. As time leads us into the end of 2010 and into the beginning of 2011, an even more fragile economy and real estate industry might be the result when continuing to implement recessive programs and tactics by the government while banks, entrepreneurs and small businesses mostly sit on the sidelines, “digging in their heels” or “going out of business” sales. Only deregulation and lowering taxes, the cessation of large government spending, small business incentives (get the oil riggers, shrimpers and other parts of the Gulf Coast seafood industry back to work) as well as “just plain honest positive talk” from the current Administration and our government representatives (most of them forget that they work for us) will improve the real estate industry-part of the backbone of America!

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The marketing conditions in the Lillian, Alabama area indicates an increase in active listings and an increase in the months of housing supply (total listings/absorption rate) which could jeopardize local property values.

Over the past 12 months (13 June 2009 to 13 June 2010), there has been a reduction of 63% in sales (88 sales in the past 12 months), resulting in an over 20 months absorption rate (115+ active listings at this posting).

The active listings and housing sales primarily range from $29,900+ to $999,000+, including manufactured homes, colonial, contemporary, cottage, ranch, and other accepted local styles.

The median sale price percentage is 92.616% to 94.299% when comparing to asking list prices. Properties will move quicker if asking prices are competitive. So, unless competitively priced, be patient, a rising absorption rate will result in longer times when selling your home within Lillian, Alabama.

Contact Cheney Appraisal Services for additional information by telephoning (251) 533-2424 or email your comments and questions to Albert@CheneyAppraisalServices.com.

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The coastal properties in Alabama, Florida, Louisiana, Mississippi and Texas will be affected by this catastrophic oil spill for years to come. As of today, now 47 days and still counting, BP Oil has been ineffective in successfully stopping the flow of oil. Therefore, our Gulf Coast is faced with environmental devastation, loss of marine life and wildlife, further property devaluation (not that inept governmental and political faux pas were enough to damage), illusion of an economic recovery, businesses closing, and loss of livelihoods for longtime residents.

As a person who has lived in the Mobile Bay Metro Area (Baldwin County and Mobile County of Alabama) the majority of my life, this massive oil spill in the Gulf of Mexico conjures up so many emotions and thoughts inside me and, many unkind words (please forgive) towards all who have dragged this on for much too long. Also, the lack of expedience and nondisclosures which could be labeled lies has certainly not helped to comfort Gulf Coast residents. It is quite evident that many Gulf Coast residents do not believe BP Oil and the government have properly handled this oil spill catastrophe.

Anyway, this oil spill catastrophe will apparently be with us for many months and years to come. Our Gulf Coast area will never be the same and will definitely affect the United States as a whole and potentially have International negative implications. Also, unfortunately, coastal properties more than likely will be faced with further decline in value; not that government intrusions and regulations as well as poor and restrictive lending practices have already been enough to damage our property values and the real estate industry as a whole.

So, how will the coastal real estate marketability be affected within the Gulf Coast states? Whether true or not, the stigma of an oil spill catastrophe will, in my opinion, have a potential affect on the marketability of properties along the Gulf Coast. How much of an affect is still an unknown? The future selling of coastal properties should begin to hold the answers to these questions. So, “time will tell.”

Is your coastal property rich in oil? If so, it’s certainly not the way you want to discover oil on your property. Contact a professional you trust and get sound advice when the stigma of oil has knocked on your door. There are many good Certified Real Estate Appraisers and Attorneys in the Gulf Coast states. It is always important to understand the affects of this oil spill upon our coastal properties.

Information and opinions have been provided by Cheney Appraisal Services, Albert Marshall Cheney, a Certified Residential Real Property Appraiser for the state of Alabama, (251) 533-2424. Albert Cheney has over 35 years of real estate experience in the southern part of Alabama.

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On the 20th April, 2010, the Deepwater Horizon offshore drilling rig, operating off the coast of Louisiana, had a massive oil spill in the Gulf of Mexico. This oil spill resulted in a blowout leading to an explosion. At this point in time, Gulf Coast residents were not fully aware of its severity but very concerned about their future.

Now, we’re twenty-eight (28) days and counting down to a potentially life changing event for Alabamians. We are all wondering about our beautiful Alabama beaches, our coastal waters, our wildlife and our livelihood. How severe will this oil spill affect our lives in Alabama? Are we counting down to an impending threat to the Alabama coastline? Will it be a disaster negatively affecting the Alabama coastline for decades to come? How will Alabama coastal properties be affected by this catastrophe? Will the marketability of coastal Alabama real estate be affected and labeled with the stigma as “oil spill property,” whether true or false? Will your property be worth more or less after the oil spill reaches the shores of Alabama? I think you already know the answer for many of these questions.

If your coastal real estate becomes affected from this oil spill, contact a qualified attorney for advice and remember Cheney Appraisal Services, Albert M. Cheney, (251) 533-2424, as your Certified Residential Appraiser.

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The midtown area of Mobile, Alabama now has over 300 active listings as of this writing. Asking prices are from $29,900 to $1,500,000 depending on amenities, location and square footage.

Albert Cheney is ready to assist you with all of your real estate questions about the midtown area as well as other historic Mobile information.

Below is a listing of some of the neighborhoods within Midtown Mobile. Please call Al Cheney at (251) 533-2424 for additional information. Al Cheney has over 35 years experience!

  • Ashland Place Historic District
  • Battery Heights
  • Bridlewood Estates
  • Brookwood
  • Church Street East Historic District
  • Cromwell Place
  • Dauphin Acres
  • Dauphin Place
  • Delwood
  • Demouy Place
  • DeTonti Square Historic District
  • DuBroca Tract
  • Ellinor Place
  • Flo-Claire
  • Floral Gardens
  • Glendale Park
  • Homer Place
  • Hunter
  • Indian Creek
  • Leinkauf Historic District
  • Lower Dauphin Street Historic District
  • Lynnwood
  • Meadowbrook
  • Mechem & Bixler
  • Midtown Historic District
  • Mount Island Place
  • Oakleigh Garden Historic District
  • Old Dauphin Historic Way
  • Rosswood
  • Silverwood
  • Stoneridge Condominiums
  • Touart Tract
  • Western Annex
  • West End
  • Westlawn
  • Windsor Warwick Condominiums

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