When you hire an appraiser, you are hiring someone to provide their opinion. Granted this is an unbiased and professional opinion based on analyzing data and forming that opinion, but it is an opinion, nonetheless. To find a good home appraiser you should consider their experience, credentials, references, speed and cost, complaints […]
How to Build Equity in Your Home
Originally Posted on Redfin by Lexi Klinkenberg Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity. But there are […]
Does a Messy House Affect an Appraisal ?
Appraisers often get asked by homeowners, “Does a messy house affect an appraisal?” Of much more concern to an appraiser then a messy home would be any physical, functional or external obsolescence. A messy home should not affect value. Appraiser’s focus on the quality of construction, functionality, condition, amenities, external factors and more. […]
How long does it take to sell a house?
When contemplating selling your home you will soon enough ask the question, how long does it take to sell a house? Location, condition, pricing, economic conditions and even seasons can affect that answer. It mostly depends on your micro-market. The typical number of days it should take to sell your house is rather […]
What Counts as Living Area in an Appraisal?
Originally appeared on DW Slater Company Appraisal Blog Your house has a lower level that is into the hill and is mostly underground. There are two bedrooms and a bathroom which are about 1,200 sq ft of living area. You had your house appraised and you find out that this 1,200 sq ft […]
Beware of Over-improving Your Home
Originally Posted at Riverfront Appraisal Blog Owensboro’s most expensive home has sold: 16 Stone Creek Park. And it sold at almost a $2 Million loss. According to MLS records, the home located at 16 Stone Creek Park in Owensboro sold in May for $2.2 Million to a local businessman, making it the most […]
