Appraisal Buzz

MAY 31, 2021

Only the wife was at home to greet the appraiser when they arrived to inspect her home. The term “redlining” comes from the development by the New Deal by the federal government of maps of every major metropolitan area in the country. A husband and wife requested a bank appraisal to refinance their Jacksonville, Florida home.

Valuation 370

Valuation Appraisal Real Estate Insurance 370

GoForrmz

JUNE 20, 2022

Thanks to the modernization of every industry, and as technology advances, we will likely see the number of lone workers rise. As we continue to develop new ways of minimizing the workers required on a site, we’ll only see a rise in lone workers. Only you know your business best, but training on whichever solution you select is key.

Training 146

Training Technology Inspection Business 146

DataMaster

FEBRUARY 3, 2021

The RFI contains 4 components: The Uniform Appraisal Dataset (UAD) and the design of appraisal forms Automated Valuation Models (AVMs) and appraisal waivers Valuation differences by borrower and neighborhood ethnic makeup Appraisal modernization. Appraisal Modernization. The Detractors. Some disagree with the overhaul. Shared Concerns.

Appraisal Process 78

Appraisal Process Appraisal Modernization Training 78

Clear Capital

FEBRUARY 21, 2024

By reducing the volume of required data, UDC streamlines the collection process for inspection-based valuation and delivers UPD-compliant data, removing complexities and making property data collection review and underwriting easier and more efficient for mortgage lenders.

Valuation 36

Valuation Technology Real Estate Inspection 36

Appraisal Today

NOVEMBER 17, 2023

While there is some overlap, being qualified to perform an appraisal requires much more training, education, and expertise, and the job goes far beyond gathering physical data. Myth #3: PDCs are not properly trained or qualified While there isn’t a license, PDCs are still required to be trained and competent to do their job.

Appraisal 69

Appraisal Modernization Training Business 69

Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. A desktop appraisal , also known as an appraisal without an onsite inspection, is a faster way to complete an appraisal for a home loan. But what is a desktop appraisal, how does it work, and how does it compare to a full appraisal? What is a desktop appraisal?

Valuation 69

Valuation Appraisal Inspection Appraisal Process 69

AmeriMac

NOVEMBER 15, 2023

ACE + PDR stands for Automated Collateral Evaluation and Property Inspection Waiver with Power of Attorney (ACE + PDR). Its Origin and Purpose Freddie Mac developed ACE + PDR as part of their appraisal modernization efforts, offering an appraisal waiver option for eligible purchase transactions.

Valuation 36

Valuation Appraisal Appraisal Process Real Estate 36

Walitt Solutions

JULY 28, 2019

My talk focused on Property Inspections, which – to an outsider – might seem to be a straight-forward topic. So, with the changes in the first mortgage space, I asked the audience to consider several questions, when examining the varied face of property inspections that are currently in practice in the overall valuation profession.

Appraisal 28

Appraisal Inspection Valuation Lending 28

AmeriMac

JANUARY 3, 2022

A home appraiser is someone who has been both licensed and trained who physically visits the property in question. They use information about these comparable homes to develop a fair value given the current conditions of the market. Note that this is an entirely separate process from something like a home inspection.

Appraisal 36

Appraisal Buyers Sellers Contracts 36

AmeriMac

JANUARY 3, 2022

A home appraiser is someone who has been both licensed and trained who physically visits the property in question. They use information about these comparable homes to develop a fair value given the current conditions of the market. Note that this is an entirely separate process from something like a home inspection.

Appraisal 36

Appraisal Buyers Sellers Contracts 36

PennyMac

OCTOBER 10, 2023

A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report. But first, let’s quickly cover the basics of home appraisals.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

The Robert Weiler Company

NOVEMBER 10, 2021

As you may remember, the young Jedi-to-be is seen inspecting with dismay his recently chartered flight, the Millennium Falcon, for a speedy trip to the planet Alderaan. Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease.

Real Estate 78

Real Estate Retail Investing Tenants 78

Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. The home inspection took longer.

Sellers 69

Sellers Agents Real Estate Buyers 69