The Week Ahead: Senate Examines the Appraisal Process

Appraisal Buzz

The Senate Banking Committee will take a deep dive into appraisal equity, and the implementation of programs and policies related to fair housing and economic opportunities. The post The Week Ahead: Senate Examines the Appraisal Process appeared first on theMReport.com.

The Appraisal Process in Spain

Appraisal Buzz

In today’s Buzzcast, we dive into the appraisal process in Spain and what we can learn and take away from their methods. We’ll be getting the inside scoop while they discuss the differences between the appraisal processes in Spain versus in the States.

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Is the appraisal process color-blind?

Housing Wire

Recently, at an event marking the 100th anniversary of the Tulsa Race Massacre , President Biden announced the launch of a new interagency task force to root out what it calls inequity in the appraisal industry. The dramatic change in value from two appraisals seems unusual.

Keeping the Appraiser in the Appraisal Process

Appraisal Buzz

In today’s Buzzcast, we dive into the appraisal process and how appraisers need to remain in the forefront of it all. Today we have Mark Walser, President of Incenter Appraisal Management, with Joan Trice, Founder of Allterra Group, LLC.

Opinion: The path to modernizing the appraisal process

Housing Wire

Regardless of the size or complexity of a system or process, it is time to look at whether the impact it has on people is equitable. And the appraisal process is no exception. The appraisal gap for properties in Latino neighborhoods can be even worse, going as high as 9.4%.

RemoteVal Solution Shortens Appraisal Process

Appraisal Buzz

Incenter Appraisal Management ’s new RemoteVal technology works to streamline one of the biggest bottlenecks in mortgage lending: appraisals. A homeowner or another individual must be at the property while they are conducting an appraisal.

Clear Capital Further Modernizes the Appraisal Process with ClearPhoto

Appraisal Buzz

This new innovation automates the review of property photos, ensuring they are aligned with the appraisal data and sketch. The post Clear Capital Further Modernizes the Appraisal Process with ClearPhoto appeared first on Appraisal Buzz.

What AVMs can and can’t do in the appraisal process

Housing Wire

Fannie Mae recently announced that it will begin to “include a desktop appraisal option in Desktop Underwriter beginning March 19, 2022. Automated Valuation Models (AVMs) are commonly used today in the mortgage industry to help support the appraiser’s concluded value.

Overhauling the Appraisal Process

DataMaster

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization.

Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? Now it's time for the home appraisal. But before you do there's one last factor to consider: the home appraisal. What is a Home Appraisal?

Calyx Integrates PCV Murcor Into Calyx Point to Enhance Appraisal Process

Appraisal Buzz

With the integration, The post Calyx Integrates PCV Murcor Into Calyx Point to Enhance Appraisal Process appeared first on Appraisal Buzz.

Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. What is an Appraisal ?

The Loan Officer’s Guide to Appraisals Part 7:  How Can the Appraisal Process be Sped Up?

Riverfront Appraisals

For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. The post The Loan Officer’s Guide to Appraisals Part 7: How Can the Appraisal Process be Sped Up?

An Estate Sale Appraisal Process

Robinson Appraisal Group

An Estate Sale Appraisal Process. After 25 years of handling estate sale appraisal in the Baltimore Metropolitan area I have seen my fair share of estate sales. As an appraiser there are multiple ways to appraise a property that belongs to an estate.

The 7 Step Online Appraisal Process

Appraisal Partners Blog

A home appraisal is usually requested by a lender to estimate the market value of your home. When the time comes for you to get an appraisal for your property, it makes sense to use our services here at Appraisal Partners. We Match the Client with a Suitable Appraiser.

The Key to High Valuations: Understanding the Home Appraisal Process

BiggerPockets

A home appraisal is an unbiased professional opinion of a home’s value based on recent sales of properties nearby. Here's how the process works. Buying & Selling Houses

Residential Appraisal Process for Home Buyers

National Association of Realtors

Understand home value, learn details about the appraisal process, borrowers rights, and more. Use this resource to become an informed home buyer

Announcing Desktop Appraisal Solution APIs: A solution for streamlining the home appraisal process

Clear Capital

Desktop Appraisal & Desktop Data Collection APIs are now available! Our all-in-one Desktop Appraisal quickly provides a GSE-compliant 1004 Desktop/70D appraisal for single-family home purchase loans. Want to learn more about our Desktop Appraisal Solutions APIs?

Navigating appraisal challenges in today’s housing market

Housing Wire

The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting closing dates.

Envoy Mortgage selects Reggora technology for appraisal processing

Valuation Review

Reggora, an appraisal software company, announced Envoy Mortgage has adopted its appraisal management system to help process all loans requiring an appraisal. Envoy will leverage Reggora technology to deliver a fast and efficient appraisal, supporting their customers through the homebuying journey, according to a company release

How to Speed Up the Commercial Real Estate Appraisal Process

Appraisal Hub

If speed is an important factor for your next commercial property transaction, then you need a property appraiser that works fast. But even the most efficient appraisal firms can’t do their jobs if clients don’t provide the information they need. What happens during an appraisal?

The Loan Officer’s Guide to Appraisals Part 9: New Construction

Riverfront Appraisals

Welcome to the September edition of our blog series, The Loan Officer’s Guide to Appraisals. This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process.

The appraisal gap is complicating deals across the country

Housing Wire

Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. Linda had a sizable downpayment but still needed to find a way to close the appraisal gap. She recently had a deal fall apart due to appraisal.

Whitepaper focuses on MDRs, impact on appraisal process

Valuation Review

Tennessee Certified Appraiser David Braun reached out to Valuation Review to discuss mutation of data records (MDRs) as outlined in his whitepaper. He said the purpose of this paper is to disseminate research on a specific technique related to the field of predictive price modeling and offer techniques which have potential to improve the outputs of a wide variety of price prediction modeling ranging from traditional appraisal practice to the development of automated valuation models.

HUD official talks appraisal bias task force

Housing Wire

A liberal think-tank, regulators, the government-sponsored enterprises, the President of the United States, even fintech firms have all called attention to appraisal bias. Marcia Fudge with leading an inter-agency task force to root out bias in appraisals.

3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task.

3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task.

A Great Article about the Home Appraisal Process!

Advanced Appraisal

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Improving the Appraisal Process With Candy Cooke

National Association of Realtors

The appraisal process remains a challenge for real estate agents across the country. Learn some of the best ways to work with appraisers to make more deals

Fintech firm seeks to modernize appraisal process | Clear Capital in the News

Clear Capital

Last year’s acquisition of CubiCasa by Clear Capital, a national real estate valuation technology company, was just one step in the firm’s overall mission to modernize the appraisal process, a top official told Mortgage Professional America. “We’ve Story by Tony Cantu for MPA.

The appraisal process: what brokers need to keep in mind

Mortgagebroker News

The Appraisal Institute’s CEO talked CMP through how the appraiser’s role has changed – and why the process takes time

What slows down the appraisal process?

Town & Country Residential Appraisals

AMC’s - “Appraisal Management Company” These organizations have come into existence in an attempt to fulfill government regulations to ensure that banks could not commit mortgage fraud like the practices seen prior to 2008.

The Realtor’s Guide to Appraisals Part 5: Tips on Communicating with the Appraiser

Riverfront Appraisals

When’s the last time you picked up the phone and called an appraiser? Maybe you had a problem and the home didn’t appraise at the sale price. Do you ever communicate with the appraiser? While most appraisers and Realtors have good […].

The Loan Officer’s Guide to Appraisals Part 10:  How Extraordinary Assumptions Are Used

Riverfront Appraisals

Welcome to the October edition of our blog series, The Loan Officer’s Guide to Appraisals. If you’ve been following along with us, you know this is part 10 in our year-long series on appraisals and the loan officer.

The Loan Officer’s Guide to Appraisals, Part 1:  The Final Inspection

Riverfront Appraisals

Welcome to the very first post in our all-new series The Loan Officer’s Guide to Appraisals. Well – not really the end, but one of the last parts of some appraisals – namely the final inspection. Hey friends!

Promoting Public Trust Part 11:  Competency 

Riverfront Appraisals

Competency is a big part of the appraisal world and is one of the keys […]. The post Promoting Public Trust Part 11: Competency appeared first on Riverfront Appraisals. Competency, as defined by the Google Dictionary, is “the ability to do something successfully or efficiently.”

3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task. From slow turn times to increasingly high fees, lenders and buyers face various problems when acquiring an appraisal. Luckily, there are several ways you can shorten the home appraisal process.

The Loan Officer’s Guide to Appraisals Part 11:  ANSI Measurement Guidelines

Riverfront Appraisals

Welcome to the November edition of our blog series, The Loan Officer’s Guide to Appraisals. If you’ve been following our blog, you know that all year, I’ve been writing with the purpose of assisting loan officers to better understand the appraisal process.

Appraisal Blog The Realtor’s Guide to Appraisals, Part 3 How Appraisers Choose Comps

Riverfront Appraisals

In this blog post, we’ll discuss the various methods for choosing comparable sales, just the way an appraiser does. The post Appraisal Blog The Realtor’s Guide to Appraisals, Part 3 How Appraisers Choose Comps appeared first on Riverfront Appraisals.

The Realtor’s Guide to Appraisals Part 4: The Difference Between a Purchase & Refinance Appraisal

Riverfront Appraisals

Have you ever listed a home and during your listing appointment, the homeowner mentioned a previous appraisal? Maybe they kept impeccable records and had the appraisal from when they bought the home, as well as a refinance appraisal from two years ago.