article thumbnail

The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare. Assuming the GSEs continue to develop their bifurcation capabilities, that means your business and your customers will likely see some cost savings. I keep hearing about the automated appraisal.

article thumbnail

The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare. Assuming the GSEs continue to develop their bifurcation capabilities, that means your business and your customers will likely see some cost savings. I keep hearing about the automated appraisal.

article thumbnail

Common USPAP Appraiser Violations

Appraisal Today

The data won’t be limited to what is gathered by property inspectors; however, appraisers’ data will also be in that mix. Appraisal is defined as the act or process of developing an opinion of value, or the opinion of value itself. Ditto the floor plan. A File# or other tracking number can identify the subject.