Appraisal Buzz

FEBRUARY 7, 2022

Let’s take some time to reintroduce Desktop Appraisals and explore the risks that are presented when a Desktop Appraisal is requested of an appraiser as part of the mortgage application process. Appraisal Labels. Appraisers rely on standards of practice and processes. interior and exterior).

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Clear Capital

AUGUST 30, 2021

The tool’s functionality and output empower real estate professionals, appraisers, and other users to efficiently produce a trustworthy property report. Despite the pandemic, 2020 was a year of growth for Clear Capital. About Clear Capital.

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Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. The process today is limited by a number of structural constraints, according to Scott Reuter, Single-Family chief appraiser at Freddie Mac. If we can check those boxes, we succeed.

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Appraiserblogs

JUNE 17, 2022

Their Equitable Housing Finance Plan for 2022-2024 outlines a range of pilot programs that remove barriers blacks face when buying or renting, and keeping homeowners and renters at home: Valuation Modernization aims to support an equitable appraisal process for Black households and communities of color Expand Appraiser.

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Cleveland Appraisal Blog

MARCH 4, 2021

So, while the cabinets may be in good shape, many homeowners will eventually replace the countertops, sink and appliances with a more modern look and improved functionality. The Children of Foreclosure – The Voice of Appraisal with Phil Crawford. Why Comp Photos in Appraisals? – APPRAISAL TODAY.

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McKissock

APRIL 6, 2021

Making small changes in your appraisal business can produce large results and make your productivity skyrocket. By automating daily tasks and processes, you can watch your business grow with real results and analytics. Last year in May 2020, we asked our Facebook community , “What are the best time-saving hacks for appraisers?”

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Housing Wire

MAY 25, 2021

The FHFA’s engagement of industry stakeholders signifies a critical inflection point for appraisal transformation. Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. Presented by: PCV Murcor.

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Appraisal Buzz

NOVEMBER 3, 2021

It is imperative to set and adopt a standard that can be applied by appraisers as well as other stakeholders. As the appraisal process is undergoing major shifts towards modernization and new levels of automation, this void was ripe for a solution. Valuation professional application samples of unique properties.

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Realtor

MAY 15, 2023

And in 2018, Fannie Mae began testing its hybrid appraisal, a method it had worked on for years to speed up and modernize the traditional appraisal process. But the hybrid appraisal really took off when the COVID-19 pandemic struck in 2020. When is the hybrid appraisal used?

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Appraisal Real Estate Appraisal Process Market Value 107

Listing Spark

MARCH 15, 2022

One of the biggest differences is that the buyer does not get involved in the appraisals. In the case of the refinancing appraisal however, homeowners have the opportunity to participate, so the benefits can be great. What is the home appraisal process like? Update your decor. Stage your home correctly. Source: CoreLogic.

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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

FEBRUARY 14, 2022

The plan differs greatly from the one issued in 2020 under then-FHFA Director Mark Calabria, which made ending the GSE conservatorship a top priority. FHFA has already taken steps to make appraisals more efficient, although many in the appraisal industry take issue with cutting costs for appraisals.

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