2022 Inspection Modernization Property Appraisal 
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. What is property data collection?
Appraisal Today
AUGUST 18, 2023
homes are worth $1 million or more, near June 2022’s all-time high of 8.6%. Traut, McKissock Learning Excerpts: When appraisers receive appraisal assignment requests, they ask themselves if the fee is acceptable, am I competent for this assignment, can I meet the deadline, and so on. Just over 8% of U.S. Or hit the reply button.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Appraisal Today
JANUARY 20, 2023
Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. retained by the AMC Average AMC appraisal fee to the appraiser in 2022: $591, or 26.3%
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.” No inspections or appraisals? June 10, 2022.
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.
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. What is a desktop appraisal? Copyright © 2022 Clear Capital.
Appraisal Today
NOVEMBER 20, 2022
Failures to personally inspect and photograph comparables. FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. So, it’s pretty safe to state that the “appraiser shortage” of yesteryear is over, and reviewers now have more time on their hands. What’s happening now.
Expert insights. Personalized for you.
340 
Let's personalize your content