Remove Appraisal Process Remove Real Property Remove Tools Remove Valuation
article thumbnail

Unlocking Hidden Value: The Benefits of Alternate Valuation Products

AmeriMac

Alternate valuation products are new tools for determining the market value of residential properties. Unlike regular appraisal methods, which mainly consider recent sales data and the property’s features, these products use more data points and different analytical techniques.

article thumbnail

How to reduce appraisal turn times and improve the borrower experience

Housing Wire

For appraisers, we have developed an end-to-end, encrypted, AI-driven platform to streamline scheduling, manage payments, and facilitate direct, real-time communication between stakeholders. With these tools, appraisers can complete jobs in a fraction of the time and increase their capacity for new work.

Appraisal 403
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding Rebuttal Appraisals: A Guide for Homeowners

AmeriMac

In real estate transactions, the appraisal process is critical. It helps determine a property’s market value. An appraisal is an expert’s view of how much a property is worth. The expert looks at factors like location, condition, and nearby property sales.

article thumbnail

How to Choose a Real Estate Appraiser

McCarthy Appraisal Blog

You may need the services of a licensed appraiser if you are selling your home yourself or if you want to know the value of your home for refinancing purposes. Prepare a short list of appraisers using the search tools at the Appraisal Institute, the American Society of Appraisers and the Appraisal Subcommittee.

article thumbnail

Appraisals and Valuation Concerns in the Current Market

Simonson Real Estate

Since the onset of COVID, market data remains sparse for certain property types. Over the past two months, I’ve participated as a panel moderator or speaker on several commercial real estate webinars and live events with Bisnow, Minnesota Real Estate Journal (MREJ) , NAIOP , and Minnesota Real Estate Exchangors (MREE).

Valuation 130
article thumbnail

Appraisal Value Vs. Sale Price

Appraisal Today

” (Chapter 7) This excerpt vividly illustrates the prospective advancements in AI-powered appraisal processes. Amorin imagines a scenario in which AI tools deliver instant analysis of market data, offer reporting guidance, and perform language verifications, greatly improving both efficiency and precision while reducing bias.

article thumbnail

2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Traut notes that the Federal Housing Finance Agency (FHFA) announced in late October 2021 at the Mortgage Banker Association’s annual conference that banks and mortgage lenders will be able to use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages.