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 the different names used in different parts of the country. Most of the time, though, it’s because there’s so much confusion around these terms, that no one knows what they’re selling!

So in this podcast, we’ll examine the difference between the two major types of non-site-built homes:  Manufactured and Modular. 

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 USDA financing.

HUD article: 

https://www.epa.gov/sites/production/files/2020-01/documents/lead_in_your_home_brochure_color_2019.pdf

We’re doing something different this year, and including several of the markets we serve. We’re including market updates from the following areas:

1. Owensboro/Daviess County, Kentucky

2. Henderson/Henderson County, Kentucky

3. Perry County, Indiana 

4. Spencer County, Indiana

5. Warrick County, Indiana 

 In this very important podcast, we dive into how all parties in a typical real estate transaction can speak to each other to help achieve the common goal of helping homeowners buy and sell real estate. Yes, you CAN talk to the appraiser!

A creed can be defined as “a set of beliefs that guide someone’s actions.”  Appraisers are bound to a set of standards, like most professionals. Everything we do is based on three guiding principles:  that we will be independent, objective, and unbiased.  Without these three qualities, we cease to be appraisers. In this podcast, we’ll look at each of these characteristics in detail, and specifically how they apply to the appraisal of real estate and why you should hire an appraiser. 

Have you ever had an appraisal come back lower than expected?  In today's podcast episode, Ryan Bays discusses the steps you can go through to challenge your appraisal.  These steps will help you successfully communicate with your appraiser, and may lead to a change in the appraised value!  Thanks for taking time to listen!

Link to Reconsideration of Value Request Template: 

http://riverfrontappraisals.com/wp-content/uploads/sites/30/2019/04/Reconsideration-of-Value-Request.pdf

Have you ever had a home appraise lower than expected?  In this episode of the Appraisal Cast, Ryan discusses three options you have as a seller, buyer, or just a homeowner refinancing your mortgage.  Thanks for listening!

Ever hear the term Drive-By Appraisal and wonder what the heck that is?  In today's episode, Ryan gives helpful information about this type of appraisal, why it's sometimes ordered, as well as the positive and negative sides to a Drive-By.  

There are several reasons why an appraisal might be needed, beyond the typical refinance and purchase appraisal.  In this podcast episode, Ryan Bays discusses several reasons you might need an appraisal.  Keep listening, too, as we have two very special guests on this episode of The Appraisal Cast.  Thanks for listening!

Most homeowners over-simplify the concept of market value.  It's not just a willing buyer and willing seller!  Listen to this episode of the Appraisal Cast, and learn all the elements of market value.

Also, at the end of the podcast, we're debuting a special segment called Ask The Appraiser!  In today's Ask The Appraiser, we answer a Realtor's question about when an appraiser should do the appraisal, if deficiencies are known by the homeowner.  

Thanks for listening!