Chicagoland Appraisal Blog

NOVEMBER 8, 2021

2 months ago I wrote an article comparing Zillow’s Zestimate program to a regular appraisal process. It’s a common question that comes up and with the real estate market skyrocketing, thought I’d answer the question once and for all. The article describes “Zillow Group’s AI-power house flipping operation as a dismal failure”.

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Appraisal Buzz

DECEMBER 6, 2021

This talent drain is further compounded by the fact that of the appraisers that remain in the industry, more than half are approaching retirement age, while 20% are aged over 66. A natural reaction to this situation, especially when faced with these statistics, is to try and get more appraisers to enter the industry. Closing Thoughts.

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Housing Wire

MAY 23, 2022

A piece of legislation introduced in the Senate in mid-May could streamline the appraisal process for VA loans. The legislation would modernize the Department of Veteran Affairs ‘ appraisal requirements by allowing desktop appraisals, and in some circumstances, waving appraisals all together.

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Appraisal Buzz

AUGUST 18, 2021

We’ll be getting the inside scoop while Joan and Chris discuss how we can streamline the appraisal process like they do in other countries. What exactly are appraisers seeing in the current market? How does the appraisal process differ compared to Australia?

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Appraiserblogs

MARCH 7, 2024

It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. However, a closer examination reveals potential drawbacks, raising questions about its efficacy and impact on the housing market. million armed robbery of a… Certified Appraisers vs.

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Housing Wire

APRIL 6, 2023

The White House recently marked the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. housing market in the future.

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Housing Wire

JUNE 11, 2021

Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete. The process can take even longer if the buyer or seller requests a second appraisal. However, once the appraiser is at the home, it’s generally about five business days,” Masseria estimates.

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Appraisal Buzz

DECEMBER 27, 2021

The housing market was hotter than ever last year, with pandemic-driven demand boosting home sales to their highest level in 14 years. There’s too little supply and too high a demand, a predicament that’s disrupted the housing and appraisal industries. Total year-end sales volume ended at 5.64 Therein lies the problem.

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Appraisal Buzz

SEPTEMBER 29, 2021

What exactly are appraisers seeing in the current market? How does the appraisal process differ compared to Germany? What can we learn from German appraisers in this market during the pandemic These questions and much more will be answered as they have their discussion.

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Housing Wire

FEBRUARY 8, 2022

Desktop appraisals arrived in March of 2020, allowing the housing market to keep humming while many stayed indoors to prevent the spread of COVID-19. Allowing appraisals without a walk-through was one of several flexibilities the Federal Housing Finance Agency allowed in light of the pandemic.

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Clear Capital

MAY 4, 2021

Watch our panel session from IMN Jumbo Mortgage Loan Virtual Symposium to hear the panelists discuss housing market trends, changes in the appraisal process, forecasting home prices, and how housing migration is affecting the jumbo market.

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Riverfront Appraisals

SEPTEMBER 30, 2021

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. In this series, we’ve addressed lots of useful information about the appraisal process, and today’s post is […].

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Housing Wire

NOVEMBER 8, 2021

At the end of the day, Pascoe says the process is not all that different than purchasing a home with a conventional mortgage. Even under “normal” market conditions, VA buyers struggle to successfully purchase a home using their benefit.

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Riverfront Appraisals

JULY 6, 2022

Misunderstandings about the appraisal process are plentiful, and some of those really do affect the way you do business. The post Appraisal Blog The Realtor’s Guide to Appraisals Part 7: Common Myths About Appraisals appeared first on Riverfront Appraisals. Over the years, we’ve heard it all.

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Housing Wire

OCTOBER 26, 2020

With shared values that drive team member success and a vast portfolio of solutions across every step of the home-buying and financing process, Xome is uniquely positioned to help partners tackle the unforeseen challenges of this year. Solutions to Pandemic Era Issues.

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AmeriMac

MAY 15, 2024

In this blog, we will delve into the world of relocation appraisals and explore their importance in the relocation industry. We will also discuss the key differences between relocation appraisals and mortgage appraisals to provide a comprehensive understanding of the appraisal process.

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Riverfront Appraisals

NOVEMBER 4, 2021

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.

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Housing Wire

JUNE 30, 2021

Even amid the current appraisal shortage and challenges within the housing industry, PCV Murcor helps move the appraisal process forward by creating a service-first culture while also mitigating risk and compliance exposure. Appraisal shortage.

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Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. You would be amazed at how little many know about the appraisal process.

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Appraisal Buzz

APRIL 15, 2024

Appraisers will be presented with the data elements needed to report the characteristics of the subject property, and analyze the market, comparables, and other necessary parts of the appraisal process. Only those data and report elements that are important for the scope of work will be presented to the appraiser.

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McKissock

MARCH 3, 2023

Early signs of a housing market rebound are halted by rising interest rates. A new episode of Beyond the Numbers with McKissock Appraisal interviews Robbie Wilson to learn how his company, RSDS, is working to increase appraisal diversity. ” Get HouseCanary’s February Market Pulse report here.

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Genworth MI Blog

AUGUST 31, 2022

The housing market has seen many changes over the past couple of years, some as a result of the COVID-19 pandemic and some from the rapid changes in the economy. With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer.

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McKissock

MAY 24, 2022

But it’s worth spelling out, because a courteous and professional demeanor is essential to making a good first impression and providing a positive customer service experience throughout the entire appraisal process, from acceptance to delivery. Deliver reports on time. Communicate with the client.

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McKissock

MARCH 3, 2023

Early signs of a housing market rebound are halted by rising interest rates. A new episode of Beyond the Numbers with McKissock Appraisal interviews Robbie Wilson to learn how his company, RSDS, is working to increase appraisal diversity. ” Get HouseCanary’s February Market Pulse report here.

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McKissock

MARCH 3, 2023

Early signs of a housing market rebound are halted by rising interest rates. A new episode of Beyond the Numbers with McKissock Appraisal interviews Robbie Wilson to learn how his company, RSDS, is working to increase appraisal diversity. ” Get HouseCanary’s February Market Pulse report here.

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AmeriMac

SEPTEMBER 15, 2023

The appraisal process is an essential part of real estate transactions. The appraisal value can make or break the deal, whether buying or selling a property. But what happens when the appraised value comes in lower than expected? This is where rebuttal appraisal comes in. Contact us at AmeriMac today!

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Housing Wire

APRIL 6, 2021

One appraiser based in one of the hottest housing markets on planet earth – the front range of Colorado – told HousingWire that the most recent sales in any appraisal is important, as is documenting the work done.

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AmeriMac

SEPTEMBER 30, 2023

The appraisal also considers the home’s overall design, the current housing market, and the general appeal of the property, including whether the appliances are updated. By incorporating the principles outlined in this guide, employers and employees can navigate the appraisal process effectively.

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Birmingham Appraisal

MARCH 21, 2023

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. The post What is the Role of Market Trends in a Real Estate Appraisal?

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D Fritz Appraisals

MARCH 16, 2022

A homeowner might do this because the housing market is struggling, and they’re concerned their home’s value has dropped. For more in-depth details about the appraisal process, feel free to contact us with any questions you may have. . Fritz Appraisals Inc., But that’s not always the case.

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Clear Capital

MARCH 2, 2023

In addition to the flexibility provided, UDC is available at a fraction of the cost of a traditional appraisal, and completed in half the time. “We Since 2019, Clear Capital has completed more than 250,000 data collections for agency loans that utilized various appraisal modernization programs.

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Kairos Appraisal Services

OCTOBER 13, 2021

The entire housing market has seen a lot in the past 18 months or so, and the appraisal industry is no exception. So, now the question is, what have we learned about the appraisal industry… The post What COVID-19 Has Taught Us About Appraisals appeared first on Kairos.

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Kairos Appraisal Services

SEPTEMBER 1, 2021

As an AMC, we spend a lot of time talking and thinking about the responsibility of appraisers in the housing market and the vital role they play.

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D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. What is Checked During a Home Appraisal?

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Listing Spark

FEBRUARY 24, 2023

Maximizing Returns with Real Estate Investment: An Interview with Ryan Jones Summary Aaron Jistel and Ryan Jones discuss the current real estate market, loan products for investors, cash out rule changes from Fannie Mae, debt service coverage ratio loans, interest rates, and home equity lines of credit.

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Housing Wire

JULY 5, 2022

Last month, the Federal Housing Finance Agency released plans, developed by Fannie Mae and Freddie Mac , to make the housing market more equitable, in part through changes to the appraisal process.

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Housing Wire

OCTOBER 18, 2022

due to the slowdown in the housing market, according to the firm. Established in 2001, the Nevada-headquartered company delivers solutions to modernize the appraisal process, which may take days to weeks to complete, or even longer during booming markets.

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