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How data and technology can combat appraisal bias

Housing Wire

It’s a problem, it’s real, it’s documentable,” said Shannon Johnson, Touchless Lending product manager at Tavant. Connecting the data dots According to Tavant, the next step toward eliminating appraisal bias is to connect the dots of all this data and information. “On You can’t ignore it.

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Attracting More Appraisal Business

Cleveland Appraisal Blog

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. I have seen a slowdown in my lending work also. Half my work is non-lending work, and that’s been a blessing. So what can we do? Write about what you do know.

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Top 6 Commercial Appraisal FAQ’s

Simonson Real Estate

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. As appraisers’ we assemble facts, statistics, and other information on a specific property.

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How Rocket Pro TPO continues to give its broker partners the upper hand

Housing Wire

And there’s one lending partner that has the solutions and resources to give LOs just that. Rocket Pro TPO’s underwriting team is also highly specialized, which is especially important with the nuanced process involved with purchase loans. Fast, fee-guaranteed appraisals. Speed in Underwriting.

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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 has your experience been navigating the appraisal process? Value Scenarios.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Read on for more information about how a home appraiser determines the value of your property. What is a Home Appraisal and Why is it Important? Undeclared repairs.

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.