Genworth MI Blog

AUGUST 15, 2019

Perhaps you’ve heard the murmurs about an automated appraisal. There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare.

Appraisal Tips 78

Appraisal Tips Appraisal Property Inspector Training 78

Genworth MI Blog

AUGUST 15, 2019

Perhaps you’ve heard the murmurs about an automated appraisal. There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare.

Appraisal Tips 78

Appraisal Tips Appraisal Property Inspector Training 78

Appraisal Buzz

OCTOBER 25, 2021

Going forward, they will make risk-based decisions as to the level of appraisal needed. Secondly, this will allow technology companies, lenders, and appraisers to develop new processes and technologies around desktops. Appraisal Technology was front and center at this show. This is an unprecedented situation.

Technology 150

Technology Appraisal Inspection Appraisal Process 150

Birmingham Appraisal

FEBRUARY 20, 2024

The Purpose and Components of a Comparative Market Analysis (CMA) The CMA is a tool that real estate agents use to develop a list price for the house they are selling. It is the agent’s version of an appraisal and while it may appear to be the same thing it is different in many ways.

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Agents Appraisal Real Estate Agent Bracketing 86

Clear Capital

FEBRUARY 2, 2022

Today’s announcement from Fannie Mae — the incorporation of 1004 Desktop appraisals into their Selling Guide for many new purchase loans — is a big step forward in the journey to a fully modern appraisal process. We applaud this move and are dedicated to supporting lenders in the adoption of 1004 Desktop appraisals.

Modernization 69

Modernization Appraisal Appraisal Process Inspection 69

AmeriMac

APRIL 30, 2024

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. Understanding the commercial real estate appraisal process is crucial for anyone involved in the buying or selling of commercial properties.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

AmeriMac

NOVEMBER 15, 2023

ACE + PDR stands for Automated Collateral Evaluation and Property Inspection Waiver with Power of Attorney (ACE + PDR). It is a streamlined appraisal process designed to provide lenders and borrowers with a more efficient and cost-effective way of obtaining property valuations.

Valuation 36

Valuation Appraisal Appraisal Process Real Estate 36

Sammco Real Estate Appraisal Group

SEPTEMBER 15, 2015

The majority of appraisers only do lender work and are not familiar with Bankruptcy , Divorce and Date of Death Appraisals. Most people, including appraisers, use the same templates and website developers to build their websites. Licensed appraisers are required to complete continuing education every two years.

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Appraisal Appraisal Process Loan Officers Inspection 60

PennyMac

OCTOBER 10, 2023

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Walitt Solutions

JULY 28, 2019

In July 2019, I spoke to the Collateral Risk Network, a group of chief appraisers, risk managers, management companies, lenders, appraisers, regulators, and legal experts, at the Collateral Matters event in Reston, Virginia. My talk focused on Property Inspections, which – to an outsider – might seem to be a straight-forward topic.

Appraisal 28

Appraisal Inspection Valuation Lending 28

Appraisal Today

DECEMBER 2, 2022

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Completing Evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines. I don’t know if Realtors can be re-trained to see value rather than price. They provide CMAs, etc.,

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Appraisal Agents Real Estate Real Estate Agent 81

Housing Wire

NOVEMBER 30, 2021

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. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4% All people.

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Appraisal Process Modernization Appraisal Valuation 417

Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Similarly, while not identical, appraisers generally use the cited sources above to identify the physical characteristics of comparable sales in their appraisals. .

Appraisal 78

Appraisal Construction Contracts Architecture 78

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? Desktop appraisal meaning and definition.

Valuation 69

Valuation Appraisal Inspection Appraisal Process 69

The People's Appraisal Blog

MAY 14, 2019

Well get ready Consumers because the person that is about to visit your home IS NOT an appraiser or just pretends to play one without the proper training. See, Fannie Mae and the Appraisal Management Companies (AMCs) are ready to send appraiser imposters to conduct appraisal inspections on our homes.

Appraisal 36

Appraisal Valuation Training Inspection 36

AmeriMac

JANUARY 3, 2022

A home appraisal is an opportunity to have an objective third party enter the situation – one who is not affiliated with either person – to provide an accurate representation of what the home is actually worth. A home appraiser is someone who has been both licensed and trained who physically visits the property in question.

Appraisal 36

Appraisal Buyers Sellers Contracts 36

AmeriMac

JANUARY 3, 2022

A home appraisal is an opportunity to have an objective third party enter the situation – one who is not affiliated with either person – to provide an accurate representation of what the home is actually worth. A home appraiser is someone who has been both licensed and trained who physically visits the property in question.

Appraisal 36

Appraisal Buyers Sellers Contracts 36

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Non-traditional appraisals to the rescue. Fair housing, are you kidding me?”. .

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Appraisal Valuation Inspection Law 365

Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. The home inspection took longer.

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Sellers Agents Real Estate Buyers 69