Residential Properties

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

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

How To Challenge Your Real Estate Appraisal

So you listed your house, and in only three short days, you secured a buyer!  Yay! The buyer was already pre-approved, so in just a few more days, the appraiser came, and in less than a week the appraisal was done.  Wow, things were moving fast! But wait. You contracted with the purchaser to sell [...]

How To Challenge Your Real Estate Appraisal2019-03-03T01:23:25+00:00

Appraisal 101 Part 1: Back to the Basics

School is in session. In this blog post - which is part one of a three-part series called ‘Appraisal 101’ - we will be answering two very important and fundamental questions:  What is a real estate appraisal?; and what is a real estate appraiser? Question 1:  What is a real estate appraisal? If you Google ‘what is [...]

Appraisal 101 Part 1: Back to the Basics2019-01-18T18:04:13+00:00

Four Ways Appraisers Can Help Homeowners

Appraisers have many tools in our tool belt to help homeowners, just like you.  Rarely do we ever just supply an opinion of value (appraisal) and leave it at that.  Sure, that's what we do best, and what we are trained to do.  But in addition to forming an opinion of the value of your [...]

Four Ways Appraisers Can Help Homeowners2019-01-06T04:34:25+00:00