Appraisal Buzz

AUGUST 8, 2022

Appraisers who have had the opportunity to participate in an appraiser conference recently have probably noticed a recurring theme from Fannie Mae – the importance of supervisory appraisers training the next generation of appraisers. Fannie Mae recognizes the benefits of a more diverse appraiser workforce.

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Housing Wire

SEPTEMBER 13, 2022

Even recently, with technologies like virtual tours or dollhouse-style immersive walkthroughs that provide floor plans, those services can be expensive and require special training and equipment and take a long time to collect data, Allen explains. For more information, visit [link].

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Housing Wire

JULY 12, 2022

John Bell, deputy director at the VA, said the agency has made strides in recent years to get loans processed and out the door in a timely manner. JB: We just approved a brand new training department for VA. We’re really excited about building this training team out and hiring a contractor to help us put together the materials.

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Modernization Appraisal Process Appraisal Training 350

Housing Wire

APRIL 30, 2022

Clear Capital’s desktop appraisal solutions offer an easy way to obtain property information by pairing seasoned brokers and appraisers with innovative mobile phone technology, ClearInsight and CubiCasa.

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Housing Wire

MAY 23, 2023

To break into appraising, you need to essentially apprentice with an existing appraiser, and for them to spend that much time training you often requires them to already have a close relationship with you. Additionally, appraisals are conducted in much the same way today as they’ve been done for the last 60 years, she added.

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Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. This information is then provided to the appraiser.

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Housing Wire

FEBRUARY 8, 2022

By the end of 2020, FHFA signaled publicly it was considering hybrid appraisals on a permanent basis, following proposals from both Fannie Mae and Freddie Mac. Murphy and Associates Real Estate Appraisers and Consultants , raised concerns about bearing the liability for an appraisal, but relying on second-hand information.

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AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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Appraisal Process Appraisal Property Taxes Buyers 36

AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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Appraisal Process Appraisal Property Taxes Buyers 36

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. San Francisco, CA–Asteroom Inc.

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Birmingham Appraisal

APRIL 4, 2023

Data collectors are individuals or companies who collect information on properties, such as their size, age, and location, and then provide this information to appraisers who use it to provide opinions of value. They may not notice the multitude of items that a trained appraiser checks during one of their appraisal observations.

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Modernization Appraisal Inspection Training 89

AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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Appraisal Process Appraisal Property Taxes Buyers 28

Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. This information is then provided to the appraiser.

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Appraisal Inspection Appraisal Process Valuation 78

Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. This information is then provided to the appraiser.

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Appraisal Inspection Appraisal Process Valuation 78

Premier Home Appraisal Blog

MAY 17, 2023

Are you a real estate professional or mortgage lender looking to learn more about the home appraisal process? Let our experienced certified Virginia appraisal experts be the premier source of home appraisal knowledge for your market. We can help!

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DataMaster

APRIL 6, 2021

If you’re an appraiser and you’re reading this, you already know the details. But do your customers understand how an appraisal works? Share this article with them and chat about the appraisal process. The better the appraisal process is understood, the less customers will question the results!

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Birmingham Appraisal

SEPTEMBER 28, 2022

What Is A Hybrid Appraisal? A hybrid appraisal is one that is done by involving more participants than just the appraiser. Rather than involve the appraiser in the data collection part of the appraisal process this part is done by someone else. Things To Consider With Hybrid Appraisals.

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Housing Wire

JUNE 30, 2021

The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. Appraisal shortage. For the mortgage process to run smoothly, there needs to be great communication – everybody involved in the transaction has to know exactly what’s going on.

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Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

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Appraisal Buzz

MAY 9, 2022

Appraisers should follow USPAP, federal lending standards, and satisfy competency requirements. Finally, a new training manual has been created by the Log Home Council. This new training manual discusses the appraiser’s role in the log home appraisal process.

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Birmingham Appraisal

FEBRUARY 20, 2024

I believe that collaboration between these two real estate professionals means that they share information that promotes a transparent and open transaction. It’s about sharing information when possible and working together through good communication.

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McKissock

MARCH 24, 2022

Update appraiser qualification criteria related to appraiser education, experience, and examination requirements to lower barriers to entry in the appraiser profession. Not to be outdone, the U.S. House Committee on Financial Services announced it will hold its own hearing on March 29 th at 10:00 am.

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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. Lenders and investors also rely on commercial appraisals to make informed decisions about financing and investments.

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Birmingham Appraisal

AUGUST 2, 2023

In this guide I put together, I’ll share the key factors to consider when hiring a real estate appraiser in the Birmingham, Alabama area or wherever you live to help you make an informed and confident choice. Certification and Licensing Appraisal standards and regulations are vital to maintaining the integrity of the profession.

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Appraisal Agents Valuation Real Estate 70

AmeriMac

DECEMBER 30, 2023

Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions. Whether you’re a first-time homebuyer or a seasoned seller, this guide will provide you with all the information you need to make informed decisions during real estate transactions involving REO appraisals.

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Housing Wire

JUNE 7, 2021

Recently, at an event marking the 100th anniversary of the Tulsa Race Massacre , President Biden announced the launch of a new interagency task force to root out what it calls inequity in the appraisal industry. Appraisers take a lot of pride in being an objective source of real estate value information.”

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Appraisal Process Appraisal Decorating Valuation 464

DataMaster

APRIL 6, 2021

If you’re an appraiser and you’re reading this, you already know the details. But do your customers understand how an appraisal works? Share this article with them and chat about the appraisal process. The better the appraisal process is understood, the less customers will question the results!

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Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

If you’re an appraiser and you’re reading this, you already know the details. But do your customers understand how an appraisal works? Share this article with them and chat about the appraisal process. The better the appraisal process is understood, the less customers will question the results!

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Appraisal Appraisal Process Buyers Legal 78

AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

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DW Slater Company

FEBRUARY 24, 2022

FannieMae and Freddie Mac both announced early this year the implementation of the use of Desktop Appraisals beginning in March. There has been much discussion and questions regarding these products so I thought I would share some information and thoughts on the topic. Appraisers have been trained in knowing what to look for.

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AmeriMac

NOVEMBER 30, 2023

Commercial appraisals are relied upon by property owners, buyers, sellers, investors, and lenders to make informed decisions. Role of Commercial Real Estate Appraisal Commercial appraisals play a crucial role in the real estate industry. The property inspection is a crucial step in the commercial appraisal process.

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Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. On a more positive side, I have done thousands of drive by appraisals since 1986.

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Housing Wire

DECEMBER 7, 2023

6 months course access Ridgeline: All features of Base + Livestream option and Forms Training 101. Visit Website Overview The Lee Institute School of Real Estate combines professional instruction and video format training to make the concepts of the real estate business more digestible and engaging. 25 hrs livestream access.

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Genworth MI Blog

AUGUST 15, 2019

These calculations are made using mathematical models and databases of residential information from public records. In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation.

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Appraisal Tips Appraisal Property Inspector Training 78

Genworth MI Blog

AUGUST 15, 2019

These calculations are made using mathematical models and databases of residential information from public records. In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation.

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Appraisal Tips Appraisal Property Inspector Training 78

Clear Capital

JULY 14, 2023

Inspection-based appraisal waivers — filling the gaps in traditional waivers For many years, there have only been two options for lenders — a traditional appraisal or an appraisal waiver. Now, Fannie Mae and Freddie Mac offer inspection-based appraisal waivers.

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Appraisal Buzz

OCTOBER 25, 2021

The appraisal industry was front and center at this show and most of the appraisal discussion centered around three specific topics: Technology, Trainees, and Diversity. First, they found that there was not a drop off in quality between the desktop appraisal and traditional appraisals. This is an unprecedented situation.

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