Clear Capital

MAY 3, 2022

With DDC, our trained data collectors capture property information, photos, a 2D floor plan, and ANSI-aligned gross living area (GLA) measurements and deliver them, so appraisers can confidently complete a GSE desktop appraisal. Our API documentation includes downloadable code samples, YAML files, and answers to technical questions.

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Housing Wire

SEPTEMBER 19, 2023

Appraisals protect buyers and sellers Buying and selling a home is a financial transaction that involves large sums of money. Appraisals protect both parties by preventing them from making a deal that’s not financially sound. The lender reviews the appraisal Now, the crucial work begins.

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Housing Wire

JUNE 27, 2023

Automated mortgage technology provider Lender Toolkit announced this week that it has integrated with Reggora , an appraisal management software company that focuses on modernizing residential real estate valuations for mortgage lenders. “We are excited about the integration of our platform with Lender Toolkit’s AI Underwriter.

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Housing Wire

JANUARY 12, 2023

Since June 2021, Fudge has led an interagency task force created by the Biden administration to combat inequality in appraisals. The group created an action plan representing a wide-ranging set of equity reforms to the home appraisal process.

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Appraisal Buzz

DECEMBER 6, 2021

A natural reaction to this situation, especially when faced with these statistics, is to try and get more appraisers to enter the industry. But this alone cannot solve the underlying issues with the current appraisal process, such as inefficient workflows and analogue data collection. AMCs Driving Tech Innovation .

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Housing Wire

OCTOBER 18, 2021

Thompson said that “frictions in the appraisal process” can slow down the mortgage process, a problem she said is particularly acute in rural communities. Appraisers often spend much of their day driving from property to property, Thompson said. How do remote valuation solutions benefit appraisers?

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Housing Wire

APRIL 30, 2022

With first hand knowledge of how complex and time consuming appraisals can be, Reggora is motivated to streamline and modernize the process, benefiting appraisers, lenders and buyers themselves. Before founding Reggora, Brian Zitin and Will Denslow, co-founders, launched a successful real estate brokerage.

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Appraisal Hub

MAY 5, 2024

In this blog, I aim to provide valuable insights and tips from an appraiser’s perspective, empowering real estate agents to navigate the appraisal process with confidence. Understanding the Role of Appraisers: First and foremost, it’s crucial for real estate agents to understand the role of appraisers.

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East Coast Appraisal

OCTOBER 19, 2021

Whether you are buying, refinancing, or simply insuring a home or piece of property, a home appraisal is an important document in the process that you need to understand. Here are six key words and phrases that you should be familiar with before your next appraisal. East Coast Appraisal Service.

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Housing Wire

MARCH 9, 2021

According to official court documents, JPMorgan entered into the agreement “solely for the purpose of obtaining expeditious administrative closure of this matter.” ” Though the bank did not admit to any wrongdoing or any appraisal bias, it moved quickly to update its policies on valuations. .”

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Housing Wire

DECEMBER 13, 2021

The second category in critical defects was loan documentation (12.5% According to the report, defects in the appraisal category also more than doubled to 5.42% in the second quarter. Property appreciation is still very strong, but the appraisal process becomes more important in a purchase-driven market.

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Town & Country Residential Appraisals

MARCH 30, 2020

The AMC slowed the process down by 24 hours because they needed us to comment if the lot, in the middle of a town, with dimensions of 105’ x 140’ x 71’ x 152’, was an income producing farm. Undisclosed Information / Miscommunication There are a lot of people in the mortgage process, and a lot of information to change hands.

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Housing Wire

SEPTEMBER 25, 2021

Available first for conventional loans, Bolt will sort the data from a loan file, validate the information, provide income verification, split out the documents needed and print an initial approval in 15 minutes or less, Ishbia said. Every day that a loan sits out there, the likelihood that it closes goes down,” Ishbia said. It’s the future.”

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Housing Wire

JUNE 11, 2021

Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete. The process can take even longer if the buyer or seller requests a second appraisal. However, once the appraiser is at the home, it’s generally about five business days,” Masseria estimates.

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Appraiserblogs

AUGUST 15, 2023

So the appraiser wrote a respectful email to Mr. Russell. It turns out, shortly after this FHFA document was released, Mr. Russell left FHFA. So if you’ve got… The post The Unbiased Reality of Census Tract Data Dump… Open Letter to FHFA appeared on Appraisers Blogs. So this nice letter sent several.

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Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

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Appraisal Buzz

SEPTEMBER 5, 2022

It took several years to re-establish effective and meaningful communication between appraisers and their lending partners. Complexity in Process and Properties. When it comes to lending activity, appraisal revisions have always been a part of the appraisal process.

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Housing Wire

FEBRUARY 10, 2021

The future of appraisals is murky at the moment, with so much of the housing industry moving to online platforms in an attempt to social distance during the COVID-19 pandemic. “This will allow us to issue the closing documents sooner and complete loan closings faster,” Roy said. “By

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Appraisal Buzz

JULY 13, 2022

Asteroom’s solution expands upon its existing Desktop Appraisal Service for appraisal management companies and lenders. Their national network of over 5,000 trained and certified data collectors can document properties within one calendar day of an order being placed.

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Appraiserblogs

OCTOBER 31, 2022

Related Posts: Census Tract Info Used Against Appraisers "Census tract boundaries do not necessarily define the subject's market." Appraisers, of all the issues I’ve written about or questioned….

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Housing Wire

DECEMBER 8, 2023

Guide them through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, the appraisal process and the final walk-through. Make your offer is the obvious front-runner based on facts, not just conjecture, and help your buyer put their best foot forward in the terms they’re offering.

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Appraisal Buzz

APRIL 19, 2022

Appraisal management companies (AMC’s) and appraisers can receive ANSI-compliant 2D floor plans with GLA calculations and a complete 3D tour of the interior and exterior, including street view shots, within 24 hours. The property can be visited the same day the order is placed so that data is provided to the appraiser the next day.

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Appraisal Hub

APRIL 21, 2023

The appraisal process is one of the most important steps in mortgage and property agreements. Only with a home appraisal in Toronto can you determine your property’s market value and verify that there are no hidden problems that could cause headaches down the line.

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AmeriMac

MAY 15, 2024

In this blog, we will delve into the world of relocation appraisals and explore their importance in the relocation industry. We will also discuss the key differences between relocation appraisals and mortgage appraisals to provide a comprehensive understanding of the appraisal process.

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Housing Wire

AUGUST 31, 2020

This, in turn, speeds up many aspects of the appraisal management process, resulting in turn-time reductions of 25% of more as well as improved operational processes. The post Global DMS transforms appraisal management software appeared first on HousingWire.

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East Coast Appraisal

AUGUST 22, 2023

You need to take some steps before and during the appraisal process to ensure that you get the most accurate and reliable valuation possible. Discover some tips on how to prepare for a commercial property appraisal. Therefore, treat them with respect and cooperation during the appraisal process.

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Raleigh Realty

FEBRUARY 19, 2022

If minimal water damage appears on your appraisal report, you may be able to repair the problem on your own to put the buyer at ease. How to Prepare for a Home Appraisal Homeowners can take several steps to prepare for a home appraisal and providing the appraiser with the information necessary can help expedite the appraisal process.

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Housing Wire

OCTOBER 5, 2022

We have taken the Word documents and translated them so that people can look at those translated documents and make some decisions. We’ve been working since 2018 to create a mortgage translation database. The predominance is Spanish. We picked the top five languages. That’s true, generally speaking.

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Empire Appraisal Group

OCTOBER 12, 2023

Documentation : An appraisal provides a formal and documented valuation of the home, which can serve as evidence during the divorce proceedings. Peace of Mind : Knowing the true value of the home can bring peace of mind to both spouses, as it removes uncertainty and helps facilitate a smoother divorce process.

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Chicagoland Appraisal Blog

AUGUST 1, 2023

Whenever you come across “see addendum,” simply refer to the relevant addendum then return to the main appraisal document to continue. Before you know it you’ve carefully read and understood the appraisal. The letter may also specify any limitations or assumptions made during the appraisal process.

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AmeriMac

APRIL 15, 2024

Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser. The appraisal process involves gathering information about the home, the surrounding neighborhood, and recent nearby sales to determine the home’s value.

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Simonson Real Estate

SEPTEMBER 16, 2021

What is a Standard Turn-around Time for a Commercial Appraisal? Here at Simonson Appraisals, we do our best to have a 3-4 week turn-around time because we understand the appraisal process will provide you with the confidence to make the correct business decision for your needs. We’d be happy to help.

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Realtor

NOVEMBER 1, 2023

VA appraisal Once a veteran is under contract, their lending team will order an appraisal, which is conducted by an independent VA appraiser. The VA appraisal process has two parts: determining the home’s value and whether it meets property condition requirements. Closing It’s time to celebrate!

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AmeriMac

APRIL 30, 2024

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. Understanding the commercial real estate appraisal process is crucial for anyone involved in the buying or selling of commercial properties.

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D Fritz Appraisals

NOVEMBER 16, 2023

Read on to find out why appraisals are important, who pays for them and how much you are likely to pay in British Columbia. What is an Appraisal, and Who Pays for it? A home appraisal is a legal document that determines fair market value for a property.

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Housing Wire

JULY 29, 2021

How to reduce appraisal turn times and improve the borrower experience. To streamline the appraisal process, Voxtur has launched a new workflow with better data and mobility to improve customer satisfaction. Presented by: Voxtur. Melody Taylor will serve as the task force’s executive director.

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Housing Wire

MAY 23, 2023

It’s a problem, it’s real, it’s documentable,” said Shannon Johnson, Touchless Lending product manager at Tavant. This gives them an idea of whether they’re being discriminated against in the appraisal process, reducing the risk of appraisal bias — or at the very least, increasing the consumer’s ability to spot if it’s happening to them.

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