Appraisal Industry Blog

New Appraiser!

Riverfront Appraisals is proud to announce that Gerren Dugger has received his Residential Real Property Appraiser Certification.   Gerren has been with Riverfront Appraisals since 2016 and began his formal training in 2017.  After the mandatory two-year training process, thousands of logged appraisal experience hours, and hundreds of classroom hours, Gerren passed the comprehensive examination [...]

New Appraiser!2019-06-05T19:41:03+00:00

Neighborhood by the Numbers: Thorobred East

This week, we did multiple appraisals in the Thorobred East / Normandy Heights neighborhood located in the eastern portion of Owensboro, just off Highway 54 and Thruston Dermont Road.  We’re seeing some really interesting trends in this neighborhood (the two are grouped together for simplicity), and thought we’d share them with our readers.   Since [...]

Neighborhood by the Numbers: Thorobred East2019-05-20T15:46:21+00:00

FHA and Cosmetic Improvements

Many homes are purchased with FHA financing, and unless you’re buying a brand new home, there’s likely some cosmetic issues that need to be fixed...sometime.  What does FHA say about these minor issues, commonly referred to as deferred maintenance?  Keep reading and find out!   But first, let’s briefly define what we’re talking about.  When [...]

FHA and Cosmetic Improvements2019-05-15T21:34:43+00:00

The Difference Between Manufactured & Modular Homes

Manufactured home.  Double Wide. Trailer.  Sectional home. Mobile home.  Modular home. These words, for decades, have been used at one point or another, by various individuals, to describe different homes.  Sometimes, this can be because of different names used in different parts of the country. Most of the time, though, it’s because there’s so much [...]

The Difference Between Manufactured & Modular Homes2019-04-29T15:43:51+00:00

FHA & Peeling Paint: What Every Homeowner Needs to Know

Are you planning on selling or buying a home built before 1978?  If so, you need to be aware of the possibility of lead-based paint.  Since lead poisoning is a serious health concern, checking for the possibility of peeling or chipping paint is a must for any appraiser completing an appraisal for FHA, VA, or [...]

FHA & Peeling Paint: What Every Homeowner Needs to Know2019-04-08T15:33:09+00:00

Yes! You Can Talk To The Appraiser!

Previously, I wrote a two-part series about how Location is King in real estate.  Well, just as location is of utmost importance when it comes to real estate valuation, communication is most important in the day-to-day dealings between homeowners, Realtors and Appraisers.  In this very important blog post, we dive into how all parties in [...]

Yes! You Can Talk To The Appraiser!2019-03-28T17:38:25+00:00

Independent, Objective and Unbiased: The Appraiser’s Creed

A creed can be defined as “a set of beliefs which guide someone’s actions.”  Appraisers are bound to a set of standards, like most professionals, but on a much deeper level, everything we do is based on three guiding principles:  that we will be independent, objective, and unbiased.   Without these three qualities, we cease [...]

Independent, Objective and Unbiased: The Appraiser’s Creed2019-03-11T14:01:19+00:00