It's Thanksgiving. We've all read and even written on the subject; how thankful we are for the loved ones and blessings in our lives. Like many, I am blessed beyond words with a wonderful family, home, and career. However, this post focuses on the latter - my career as a real estate appraiser. So here [...]
After the appraisal has been turned in, it usually goes through a review process by either an appraisal reviewer, or loan underwriter. Every financial institution has different standards by which they review the appraisal. The financing also comes into consideration when checking the appraisal for accuracy, making sure it meets all necessary guidelines. However, it [...]
We recently completed an appraisal on a home in the Lake Forest Subdivision on the east side of Owensboro. Some of the numbers we found were surprising, so we thought we'd share them here with you. Over the last five years, for the entire subdivision, market values are down slightly (2.6%) ; total number of [...]
The appraisal has been ordered. Things are moving forward. You can see the closing table in the distance! Your Realtor calls and tells you that the appraisal came back just fine. Good news! Not so fast, though. There are repairs, and you're going to have to fix them. Here's a list of a few things [...]
When it comes to the valuation of real property, an appraiser can do the job poorly, or well. He or she can have two years' experience, or 25. The latest and greatest technological advancements can be used, or the appraisal can be completed using good old-fashioned paper and pen. Appraisers come in all shapes and [...]
Let me start off by saying a big THANK YOU to everyone who has trusted Riverfront Appraisals with their appraisal needs, over the past 10 years! What a wonderful 10 years we've had! In 2008, I moved to Owensboro and got every door shut in my face. I was told Owensboro didn't need any more [...]
Spring Real Estate season is upon us! Are you selling a manufactured home? Maybe helping someone who is? That's easier said than done! Whether you're a seller, Realtor, or Loan Officer, you need to be prepared when dealing with manufactured homes. Here's a list of five things to remember when you have a manufactured home. [...]
We often get asked to measure homes for Realtors. We love doing this! Especially when it makes a HUGE difference in what square footage can be advertised. This week, we had the privilege of helping Joy Colburn-Raymond, Realtor with one of her new listings. She was correct in questioning the PVA square footage. Because the [...]
What better way to kick off our 10th year in business than with a nomination as Business of the Year! We were beyond thrilled to be among the finalists for the Owensboro Chamber of Commerce 2018 Business of the Year (1-10 Employees) award! In the success story of Riverfront Appraisals, I am not the hero. [...]
It's been a great year for Owensboro real estate! Inventory was down, prices were up (although not nearly as high as many announced earlier last year), and homes spent less time on the market than they have in the past. In addition to the infographic above, here's some information you'll find helpful about the Owensboro/Daviess County [...]
