The 2023 tax appeal season is upon us. The Jefferson County PVA has announced that 84,502 reassessments for the following neighborhoods have gone out: Downtown Central Business District (CBD), Old Louisville, Russell, Chickasaw, Portland, Park Hill, California, Pleasure Ridge Park, Shively, Valley Station, Lake Dreamland and Kosmosdale. This affects the Read more…
Commercial appraisers are faced with appraisal assignments regularly that involve net leased properties. So, what is a net leased property? Well, it is a property leased by a national tenant for an absolute no-expense arrangement to the property owner. This means that Joe Property Owner, for example, signed a 20-year Read more…
Paperless Office & Going Digital Decision To Go 100% Digital This is not a blog about the ‘real estate’ part of our real estate appraisal business. This is about a small decision that I’ve made to take our business 100% digital. But, there isn’t a grand plan, months of planning, a Read more…
Picking the right real estate appraiser is important – we aren’t all created equal. When making that decision, going with Bell Ferris is your best option in the Kentuckiana region. In fact, in most cases, a person’s home is their most valuable asset. With that being said, when buying or Read more…
Why is a real estate appraisal needed during bankruptcy? Unfortunately, you filed bankruptcy. While it’s not the end of the world, you still need to follow up on a few things…..like an appraisal of your real estate. During bankruptcy the debtor is required to show the worth of his or Read more…
When going through the loss of a loved one, dealing with paperwork is not something anyone looks forward to doing. The best way to be prepared for the appraisal of your real estate is to have the following ready for our appraisers. 5 Pieces of Information to Provide: 1. If Read more…
You may ask yourself…why is an appraisal necessary? Appraisals are a crucial part of determining the true value of real estate. Most importantly, it is imperative that the true market value of a property is determined when any lending is involved. Throughout this blog you will read on why it Read more…
Life throws you curve balls…..that is why it is important for you or your attorney to hire an appraiser when you need to value commonly owned real estate. Unfortunately, divorce rates are higher than ever and when you are going through this process you want to make sure to do things correctly. Read more…
As an appraiser, I see a lot of houses. Some people are very organized and have a list ready for me on all of the renovations and repairs they’ve completed since they owned the home. It can included names of contractors, prices, receipts and quotes, warranties, etc.. I have even Read more…
As a commercial real estate appraiser, I talk to commercial real estate developers, brokers, property owners and other appraisers. Generally, I hear about most development before its announced to the public. Also, we conduct daily research on new land sales, which always gives us a clue on new development. For Read more…