2005 Contracts Lending Modernization 
Appraisal Today
NOVEMBER 17, 2023
Myth #2: Data collectors are going to replace appraisers There’s a lot of buzz right now about PDC possibly replacing traditional property appraisal, but the intent of this service is to fill a gap in the lending process. I finally quit doing residential lender appraisals in 2005. Excerpts: 4 bedrooms, 4 baths, 2,652 square feet, 0.29
Appraisal Today
FEBRUARY 9, 2024
The government and those that write the rules also state the purpose of an appraisal is to determine the value of the home/property in its market setting, so an underwriter can make a lending decision. Back in the day, this protected the lender from lending more than the home/property is worth. MORTGAGE LENDING IS VERY, VERY CYCLICAL.
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Appraisal Today
MAY 27, 2022
NOTE: Please scroll down to read the other topics in this long blog post on VA appraisals, appraisal modernization, eliminate VA panel, unusual homes, mortgage origination stats, etc. The market changing again with increasing interest rates, in the inevitable ups and downs of mortgage lending. Mortgage lending from the 1870s to today.
Appraisal Today
FEBRUARY 24, 2023
The real estate appraisers of old used to network more, market their services, and sell themselves more than today’s modern appraiser,” remarks Mark Skapinetz, an independent real estate appraiser in Georgia who operates a 100 percent non-lender appraisal firm. AMCs had taken over the mortgage-lending work. Budget cuts. Retraction.
Appraisal Today
SEPTEMBER 17, 2022
Catskills Modern: ‘Sleeve House’ Highlighted by Charred Wood Exterior. Excerpts: An extremely modern home with an equally dark exterior is now available in Ancram, NY. Government loans, which tend to be favored by first-time buyers, bucked this trend and increased over the week, driven mainly by VA and USDA lending activity.”.
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