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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

These calculations are made using mathematical models and databases of residential information from public records. In many cases, this means that a person (who may or may not be an appraiser) collects information on the property via property inspection and a computer does the valuation.

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

These calculations are made using mathematical models and databases of residential information from public records. In many cases, this means that a person (who may or may not be an appraiser) collects information on the property via property inspection and a computer does the valuation.

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Home Appraisal vs. Home Inspection

CP Home Appraisals

Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a property inspector does. The bulk of the appraiser’s work is focused on market analysis to decide market value based on “assumed” condition of the house. Do I need a home inspection as well?

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Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

During my presentation, I reviewed with the audience a number of appraisal scenarios that have been common practice for decades – often in spaces outside of first mortgage lending. Are these “other” inspection-and-valuation processes appropriate for lending? But is this so-called “new” process really new at all?