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Preparing Your Borrower for the Appraisal Inspection – Virtual or On-Site

Genworth MI Blog

Real estate appraisals serve an important role in the mortgage lending process and many borrowers will have personal experience interacting with an appraiser during a refinance, and possibly even a purchase. The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower.

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

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. Lower cost than traditional appraisal. The second is to remember that these improvements in appraisal technology are a good thing.

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

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. Lower cost than traditional appraisal. The second is to remember that these improvements in appraisal technology are a good thing.

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Preparing Your Borrower for the Appraisal Inspection – Virtual or On-Site

Genworth MI Blog

Real estate appraisals serve an important role in the mortgage lending process and many borrowers will have personal experience interacting with an appraiser during a refinance, and possibly even a purchase. The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower.

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Appraisals: Using Comps Across a Freeway?

Appraisal Today

As part of our monthly survey series, we asked our community of real estate appraisers, “What’s the BEST way to save time in your workweek?” The number one recommendation, by far, was to use technology to your advantage. Use technology to your advantage (45%) “Streamlining processes with technology is a big time saver!” “Use

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Experienced Appraisers Share Their Number One Tips for New Appraisers

McKissock

If we had to distill all of the advice we received into just one quick list of a dozen top tips for new appraisers, it would read as follows: Be honest and ethical. Embrace technology. Network with other appraisers. ” “Be thorough on your inspections.” The inspection part is the easy part.

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15 Reasons Your Home May Not Appraise for the Expected Value: Tips for Homeowners

Birmingham Appraisal

Outdated Features and Finishes: Homes with outdated features and finishes can struggle to meet the expected appraisal value. Upgrades like modern kitchens, updated bathrooms, and smart home technology can potentially boost your home’s worth.