Housing Wire

APRIL 6, 2021

It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. For example, one client had a home under contract for $983,000 and the list/appraised value was just $900,000, the LO said. million,” he added.

Appraisal 540

Appraisal Reconsideration of Value Real Estate Agent Sellers 540

Appraisal Buzz

SEPTEMBER 1, 2021

This partnership will reduce the friction in the bifurcated appraisal process by enabling a seamless integration of property inspection data and analytics in appraisal workflows. Ideas of modernization and data integrity have been heavily debated topics in the real estate industry for some time. Our goal with Profet.ai

Appraisal 195

Appraisal Valuation Real Estate Modernization 195

AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

Appraisal Process 28

Appraisal Process Appraisal Property Taxes Buyers 28

Housing Wire

FEBRUARY 8, 2022

Any loan application flagged as ineligible by Fannie Mae’s automated underwriting system will have to use a traditional appraisal. A Fannie Mae spokesperson said that appraisal modernization and digitization, and specifically the launch of desktop appraisals, can offer different career opportunities for a new generation of appraisers.

Appraisal 369

Appraisal Appraisal Process Valuation Renovations 369

Clear Capital

AUGUST 17, 2021

A declining appraiser population coupled with a surge in origination volumes has accelerated efforts to modernize the valuation process. The integration with Clear Capital’s suite of valuation products gives ValueLink customers the flexibility to offer tailored solutions to their clients.

Valuation 69

Valuation Modernization Technology Appraisal Process 69

Appraisal Buzz

FEBRUARY 7, 2022

The lender/appraiser ecosystem over time has adapted processes and technologies to achieve appraisal development and reporting that meets regulatory, agency, and investor requirements, as well as meeting the needs of individualized lender risk appetites. Appraisers rely on standards of practice and processes.

Appraisal 435

Appraisal Inspection Development Technology 435

Birmingham Appraisal

AUGUST 2, 2023

This ensures that the appraiser has undergone rigorous training, meets the state’s education requirements, and follows ethical guidelines in their practice. A licensed appraiser demonstrates commitment and accountability to their clients and the industry.

Appraisal 70

Appraisal Agents Valuation Real Estate 70

Clear Capital

NOVEMBER 3, 2022

Their nationwide network of experienced real estate professionals and appraisers, paired with the company’s proven experience and modern appraisal solutions, will add tremendous value for our lender clients,” said Ben Wiant , Vice President of AppraisalWorks.

Valuation Review 69

Valuation Review Valuation Appraisal Modernization 69

Clear Capital

APRIL 21, 2021

In partnership with Clear Capital, the integration of ClearAVM and CDA ensures lenders have access to high-quality valuation products in a single platform as the industry focuses on appraisal modernization. Today, we’re grateful to call the nation’s largest banks and financial institutions our customers. Media Contact. Michelle Mead.

Valuation 69

Valuation Modernization Technology Tools 69

Housing Wire

APRIL 27, 2021

Here it is: another article about appraisal modernization. Many are tired of hearing about how the appraisal industry needs to change and progress. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents.

Modernization 243

Modernization Appraisal HOA Valuation 243

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Get the relevant date of value from the client or client’s attorney. I strongly recommend it. baths, 2,973 sq.ft.,

Appraisal 79

Appraisal Contracts Training Architecture 79

Appraisal Today

JANUARY 5, 2024

Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M It’s known as the “Modern Montauk Tree House,” the listing notes. . – Work on getting a more positive attitude toward your clients, fees, etc. Pick one client to start with. – Attend a meeting of a local appraisal group.

Appraisal 74

Appraisal Contracts Legal Business 74

Birmingham Appraisal

JULY 12, 2023

For example, upgrading a kitchen with modern appliances and high-end finishes may significantly increase its value. Elaborating on Pricing by Comparing Homes of Similar Sizes When it comes to pricing a home, comparing it to other similar-sized homes in the market is a fundamental aspect of the pricing and appraisal process.

Real Estate Agent 84

Real Estate Agent Law Real Estate Bracketing 84

Appraisal Today

SEPTEMBER 23, 2022

Excerpts: … senior leaders at AMCs, lenders and the GSEs have noted that slower appraisal volume will favor those appraisers who can stay in communication with their clients and provide faster turn times. Number 1 for lenders (AMCs’ clients) has always been turn time. Are you doing VA appraisals?

Appraisal 52

Appraisal Marketing Business Contracts 52

Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. If agents utilize the same methods appraisers use in their appraisals there should not be a vast difference between the two values and the likelihood of a deal falling through will be minimized.

Market Value 85

Market Value Agents Appraisal Bracketing 85

AmeriMac

MARCH 14, 2022

A lot of people don’t realize just how tech-driven the modern day real estate market truly is. Yes, it’s true that certain things like valuations and appraisals still require a lot of time and energy from a certified professional.

Valuation 36

Valuation Real Estate Market Value Appraisal 36

Housing Wire

DECEMBER 29, 2022

Against the grain of these challenges is a robust marketplace for jobs, so we see opportunities to modernize the mortgage application process through smart technology. At Housing Finance Strategies, we are so excited to continue our efforts to work with the government and our clients to shape the mortgage markets of tomorrow in 2023.

Government 390

Government Modernization Finance Clients 390

Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. Estate/trust appraisal liability advice from Peter Christensen. To read more, click here.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Housing Wire

MARCH 21, 2022

Paul Charron, a Massachusetts-based appraiser who has done 50 orders through UWM’s program since signing up in October, said that he receives his fee within two to three days after uploading the report. That stands in sharp contrast to his other clients, where 99% of the time Charron said he gets paid within a month.

Appraisal 418

Appraisal Appraisal Process Client Relationships Valuation 418

Walitt Solutions

JULY 28, 2019

GSEs (Government Sponsored Enterprises, including Fannie Mae and Freddie Mac), in their current modernization initiatives, are piloting instituting these types of “bifurcated” data-collection processes.

Appraisal 28

Appraisal Inspection Valuation Lending 28

Appraisal Today

SEPTEMBER 29, 2023

How to Identify a Single-Family with ADU vs. Two-Family Property By McKissock Excerpts: The presence of an additional living unit can complicate the appraisal process. It may make it difficult for you, the appraiser, to know how to classify the subject property. I had never seen a Fannie form, so all types of clients were new.

Insurance 78

Insurance Appraisal Contracts Mortgage 78

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. You could have, on any given home, you can have five different appraisers show up to the home and end up with five completely different valuations.

Sellers 69

Sellers Agents Real Estate Buyers 69

Housing Wire

AUGUST 31, 2022

This helps eliminate human error, creates digital consistency in the output, and democratizes the creation of accurate property data critical to real estate listings and the appraisal process on a home loan. Eliminating costs makes it straightforward for any appraiser to ensure they are giving their client their home’s precise data.

Technology 347

Technology Modernization Appraisal Process Training 347