Housing Wire

AUGUST 31, 2023

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. How do the solutions work? Why do we need them?

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McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Define metrics that can help to identify and measure patterns of mis-valuation in the property valuation process.

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Housing Wire

JULY 5, 2022

Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster. The post Clear Capital launches APIs to make adopting modern valuations solutions easier appeared first on HousingWire.

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McKissock

MARCH 17, 2023

Steps to become a supervisory appraiser Step 1: Meet the requirements Make sure you meet the minimum supervisory appraiser requirements outlined in The Appraisal Foundation’s Real Property Appraiser Qualification Criteria as well as any additional state requirements that may apply.

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D Fritz Appraisals

SEPTEMBER 11, 2023

Our 8 Top Picks for Renovations That Increase Home Value When deciding what renovations to complete, consider the following 8 home renovations which have historically proven to bring the biggest return on investment: Kitchen Remodel: 75% – 100% ROI At the heart of the modern home, a kitchen can make or break a sale.

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Birmingham Appraisal

AUGUST 30, 2023

In this blog post, I’ll discuss 15 reasons your home may not appraise for the value you anticipated, and I’ll share valuable tips for homeowners to help your home appraise for top dollar. Outdated Features and Finishes: Homes with outdated features and finishes can struggle to meet the expected appraisal value.

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Appraisal Today

MARCH 15, 2024

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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Clear Capital

MARCH 30, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Clear Capital ® , a national real estate valuation technology company, has announced the launch of Desktop Appraisal and Desktop Data Collection , two products designed to further modernize and increase certainty in the appraisal process.

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Clear Capital

JANUARY 5, 2023

. “The appraiser profession needs greater diversity, allowing those involved in the process to reflect the diverse communities they serve.” Appraisers are trained to provide an objective, unbiased analysis, but they also must rely upon data and methodologies that have been impacted by the systemic racism of redlining.

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Housing Wire

OCTOBER 23, 2020

The AUS is built upon FHA’s Catalyst technology platform – a modernization initiative the company says will build trust through “reliable and accurate data, facilitating modern systems for the FHA program participant community.” It is modernization of the entire process.

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Magnusson Group

MAY 30, 2021

The Magnusson’s are excited to bring you this private collection of art, art glass, modern design and mid-century furnishings in our next auction. The post Fine Art, Glass & Mid-Century Furnishings Online Auction appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ.

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Magnusson Group

MAY 30, 2021

The Magnusson’s are excited to bring you this private collection of art, art glass, modern design and mid-century furnishings in our next auction. The post Eclectic MCM Haven by Highland Park Online Auction Ends July 22 appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ.

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Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference.

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East Coast Appraisal

MARCH 22, 2022

Therefore, before you call an appraiser to your home, you need to do your homework by finding out how much similar houses in your area are selling for. To get this information, you can visit your local county authority offices and ask for data on houses sold in your area within the past six months. Make Repairs .

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McKissock

APRIL 6, 2021

Making small changes in your appraisal business can produce large results and make your productivity skyrocket. Now is the time to move beyond spreadsheets, modernize your company practices, and see the possibilities that come with using tools built by appraisers, for appraisers.

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Real Quantum

JANUARY 10, 2021

Realquantum, already heralded as the premier commercial property appraisal software, helps valuation and advisory teams eliminate tedious manual work and boost revenue 50%, while helping them curate the best quality commercial property data available. ABOUT ROCKPORT VAL. Ready to see how you can be more successful and efficient?

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Appraisal Today

AUGUST 18, 2023

There may be more information now. The Appraisal Update Podcast 8.16.23 – MLS Cyberattack (SPECIAL REPORT) Video 18 minutes Goes through URAR form and USPAP plus many ideas on what to do. Without MLS, do we have ALL information necessary? Without MLS do we have adequate information? I wrote this up yesterday.

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Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. How to take advantage of desktop appraisals.

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Clear Capital

MAY 24, 2022

Each year, technology plays more of a role in valuing homes for property appraisals , loan originations, secondary market investments, and even portfolio monitoring. So when it comes to valuing properties in a volatile market, as we experienced in the years since the pandemic, choosing the right AVM is imperative.

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D Fritz Appraisals

MARCH 7, 2019

This information will help you impress the appraiser as well as prospective buyers. Make It a Smart Home – Adding a few “smart” features to your home can add a touch of modern tech and appeal, without costing a lot. Consider installing Wi-Fi-enabled thermostats, doorbells and other gadgets to increase appeal.

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AmeriMac

JANUARY 3, 2022

They use information about these comparable homes to develop a fair value given the current conditions of the market. For the sake of example, let’s say a buyer agrees to buy a property for $500,000. Everything seems to be proceeding along exactly as it should… until the property appraised at $400,000.

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AmeriMac

JANUARY 3, 2022

They use information about these comparable homes to develop a fair value given the current conditions of the market. For the sake of example, let’s say a buyer agrees to buy a property for $500,000. Everything seems to be proceeding along exactly as it should… until the property appraised at $400,000.

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Appraisal Today

JANUARY 20, 2023

People call it modern, but I think it’s more a contemporary style with its open spaces, large expanses of windows, and unconventional volumes of space,” says listing agent Pradnya Martz, of Keller Williams. An excellent way to get more appraisal business! Appraisals are ordered after the loan application.

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Appraisal Today

NOVEMBER 20, 2022

Excerpts: Disciplinary complaints against appraisers are becoming more and more common. From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, it can be really alarming if a licensing board reaches out and notifies you of a complaint. To read more, click here.

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Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” Most of the information in these newsletters comes from emails.

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Housing Wire

MARCH 13, 2023

“When appraisers or lenders treat homebuyers or homeowners differently because of race, they violate federal law. The couple applied for a refinance loan with loanDepot and were initially approved with a 2.25% interest rate, with a “conservative” estimated value of the house at $550,000, pending a property appraisal.

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Housing Wire

NOVEMBER 30, 2021

These and other steps are sorely needed to bring the appraisal process in line with advances to digitize mortgages, utilizing technology to combat inconsistencies that continue to beleaguer the profession, and reduce closing slowdowns often caused by appraisal capacity issues. The modern appraisal movement is accelerating.

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Housing Wire

MAY 27, 2022

Likewise, a 2021 Freddie Mac study of more than 12 million appraisals dating back to 2015 found that appraisers’ opinions of value were more likely to fall below the contract price in Black and Latino census tracts. Some researchers point to appraisal methodology as a culprit.

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Fannie Mae also included efforts to “modernize” appraisals in its equity plans.

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Housing Wire

FEBRUARY 7, 2022

As some independent mortgage banks have found out, a modern-day redlining allegation does not need to prove intentionality. Part of its effort to modernize its outdated technology systems, the FHA Catalyst program, hit a snag last year. FHA has had gaps in loss-mitigation oversight of servicers it approved.

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