Why the Appraiser Can’t Tell You How Much Your Home Appraised For
Frustrated that the appraiser can't give you the results of your appraisal? This quick video explains why. Helping homeowners navigate the appraisal process, Ryan Bays, SRA, AI-RRS
Lake Forrest By The Numbers
This week, we appraised a home in Lake Forest. And, with every appraisal we do, we ran stats and market conditions to see what the market is currently doing, as well as what it has been doing over the past several years. We saw some interesting trends coming out of Lake Forest and wanted to [...]
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 [...]
2018 Year In Review
It’s time once again for the Year-In-Review post. This is a look back at the previous year’s real estate sales in Daviess County, Kentucky. And what a year it was! The Owensboro, Daviess County area of western Kentucky continues to be a very strong real estate market. In this post we’ll look not only [...]
The What and Why of a Drive-By Appraisal
So this week my 14-year old twins got to tag along with dad on an appraisal. How fun?! Do you ever get to take your kids with you to work? I hope so. It’s such a fun experience! Anyway, the appraisal we did wasn’t just an ordinary appraisal. It was a drive-by. No not that [...]
Appraisal 101 Part 3: Why Do I Need An Appraisal?
School is in session. In this blog post - which is the final installment of our three-part series called ‘Appraisal 101’, we will be identifying the many reasons why you may need an appraisal. In case you missed part one or two, click here for part one and here for part two to learn [...]
Appraisal 101 Part 2: Market Value
School is in session. In this blog post - which is part two of a three-part series called ‘Appraisal 101’, we will be exploring the concept of market value. In case you missed part one, click here to learn the basics of the terms appraisal and appraiser. Appraisers deal with multiple types of value, but in [...]
Thanksgiving Thoughts – Appraisal Edition
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 [...]
Two Appraisal Revision Requests That Should Never Be, and What You Can Do About Them
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 [...]
Riverfront Appraisals Celebrates 10 Years in Business!
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 [...]