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 [...]
In my last post, I discussed why location is still the most important factor in real estate. Today, we'll dig deeper and look at a few real examples of neighborhoods. If you're wondering how an appraiser chooses his or her comparable sales, this is a must-read. Example #1 So let's say I'm appraising a home [...]
Even if you didn't grow up in a real estate family like me, you've no doubt heard the question, "What is most important when it comes to real estate?" The answer, of course, as we've had it drilled into us countless times, is location, location, location. According to a New York Times article, the phrase has [...]
In the third installment of our FHA Friday Blog Series, we're going to take a look at the crawl space inspection. Similar to the attic inspection discussed last week, the crawl space inspection provides a wealth of information about the home, and is an important part of any FHA inspection. What does FHA expect [...]
Happy Friday! And welcome to our second installment of FHA Friday – our blog series on common FHA appraisal issues and practices. Today we’re going to briefly discuss the attic inspection. What is involved in an attic inspection? Does the appraiser need to enter into and walk around in the attic? Why is an attic [...]
