Appraisal Buzz

APRIL 8, 2024

One of its most intriguing applications lies in the domain of appraisals. As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope. This ensures that every valuation stands the test of time, free from potential manipulation.

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Technology Appraisal Valuation Supply Chain 418

Housing Wire

MARCH 1, 2023

Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” Those options include value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. “We

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Appraisal Valuation Appraisal Process Technology 450

Housing Wire

MARCH 31, 2022

A draft discussion bill circulated this week, sponsored by House Financial Services Chairperson Maxine Waters (D-CA), would strike the Appraisal Foundation , and replace it with an independent federal agency. That office would oversee fair lending supervision and examination procedures, as well as the consumer complaint process.

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Appraisal Valuation Training Government 411

Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Appraisal Process Real Estate Appraisal Easement 78

DataMaster

FEBRUARY 3, 2021

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Many appraisers share Horn’s concerns.

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Appraisal Process Appraisal Modernization Training 78

McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.” Stay tuned.

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Valuation Property Appraisal Training Appraisal 91

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. Duane Andrews, CEO, Clear Capital. lenders and nearly every mortgage investor.

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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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Technology Appraisal Lending Valuation 331

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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Appraisal Training Appraisal Process Business 397

Housing Wire

OCTOBER 16, 2020

The Appraisal Institute , American Society of Appraisers , American Society of Farm Managers and Rural Appraisers , and the Massachusetts Board of Real Estate Appraisers announced a concerted effort to combat unconscious bias and discrimination in a release on Friday.

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Appraisal Training Appraisal Process Real Estate 498

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. What Are Hybrid Appraisals?

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Appraisal Inspection Appraisal Process Valuation 135

Housing Wire

MAY 25, 2021

A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry. Navigating appraisal challenges in today’s housing market. Delegating onsite data collection.

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Appraisal Valuation Real Estate Modernization 313

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

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Appraisal Valuation Inspection Law 292

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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Appraisal Appraisal Process Valuation Renovations 363

AmeriMac

NOVEMBER 15, 2023

If you are a lender or a borrower, you might be familiar with the valuation options available through Freddie Mac. It is a streamlined appraisal process designed to provide lenders and borrowers with a more efficient and cost-effective way of obtaining property valuations. How does ACE + PDR Function?

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Valuation Appraisal Appraisal Process Real Estate 36

Housing Wire

AUGUST 31, 2020

Finding an appraisal management software for real estate and commercial that works the way each individual lender does is difficult – usually resulting in time-consuming configurations, development work and training. The interface is so easy to navigate that lenders need almost no training. PRODUCT: EVO.

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Housing Wire

JUNE 30, 2021

PCV Murcor is one of the nation’s leading valuation management companies. The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. Everyone who works at PCV Murcor is trained knowing we are all in this together.”.

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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 336

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. What Are Hybrid Appraisals?

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Appraisal Inspection Appraisal Process Valuation 78

Housing Wire

APRIL 27, 2021

In many of those reviewed, there is a strong desire to keep appraisals and appraisers as key components of the mortgage lending process. A desire to see the collateral analysis and valuation process evolve, modernize, and move forward—whatever term you prefer.

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Modernization Appraisal HOA Valuation 226

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. What Are Hybrid Appraisals?

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Appraisal Inspection Appraisal Process Valuation 78

Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. What are some of the benefits of desktop appraisals? or its subsidiaries.

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Valuation Appraisal Inspection Appraisal Process 69

DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. Share this article with them and chat about the appraisal process.

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Appraisal Appraisal Process Buyers Legal 158

Birmingham Appraisal

AUGUST 2, 2023

Whether you’re a homeowner looking to make improvements, an agent who needs a pre-listing appraisal, or an attorney or accountant who requires a certified appraisal, a well-qualified and experienced appraiser is essential for accurate property valuation.

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Appraisal Agents Valuation Real Estate 73

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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Appraisal Appraisal Process Valuation Real Estate 36

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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Appraisal Appraisal Process Valuation Real Estate 36

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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Real Estate Appraisal Inspection Appraisal Process 36

Housing Wire

JANUARY 11, 2022

“This means looking at our processes and approach, recruiting more appraisers of color and women, ensuring consumers know their rights, and reinforcing ethics, education, and training,” said Schley. But Schley also cast doubt on whether the bias references came from appraisers. “We

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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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Agents Appraisal Real Estate Agent Bracketing 89

Clear Capital

MAY 10, 2023

This expansion of our partnership with the ValueLink team will make it easier for lenders to adopt new options, drive appraisal modernization across the industry and ensure a better valuation experience for consumers.” For more information, visit valuelinksoftware.com.

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Modernization Appraisal Valuation Real Estate 69

Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

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Appraisal Inspection Real Estate Agent Training 68

DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. Share this article with them and chat about the appraisal process.

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Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. Share this article with them and chat about the appraisal process.

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Appraisal Appraisal Process Buyers Legal 78

Genworth MI Blog

AUGUST 15, 2019

When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. These calculations are made using mathematical models and databases of residential information from public records. In some cases, it might be a person completing a desktop for the valuation.

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Appraisal Tips Appraisal Property Inspector Training 78

Genworth MI Blog

AUGUST 15, 2019

When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. These calculations are made using mathematical models and databases of residential information from public records. In some cases, it might be a person completing a desktop for the valuation.

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Appraisal Tips Appraisal Property Inspector Training 78

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 Real Estate Appraisal Process Inspection 36

D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. What is a Home Appraisal and Why is it Important?

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Appraisal Inspection Property Taxes Easement 105