Housing Wire

JANUARY 3, 2023

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

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Appraisal Buzz

FEBRUARY 7, 2022

The onset of the Covid-19 pandemic in 2020 introduced two new appraisal labels – the Exterior-only Appraisal and the Desktop Appraisal. Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. Appraisers rely on standards of practice and processes.

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Clear Capital

MARCH 2, 2023

Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management Reno, Nev.

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Modernization Appraisal Valuation Real Estate 69

Housing Wire

MAY 31, 2021

Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery. Using SCOUT, homeowners, inspectors, real estate agents and appraisers can collect property data on a mobile device.

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Housing Wire

AUGUST 14, 2023

Appraisal modernization is generating a lot of buzz in the real estate lending industry. Expanded use of desktop appraisal technology began out of necessity during the COVID-19 pandemic. However, is appraisal modernization on its own enough? Lenders hit the obstacle of the appraisal process.

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Appraisal Today

MARCH 15, 2024

Urban, Suburban, Rural in Appraisals Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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Appraisal Inspection Modernization Business 72

Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

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Appraisal Inspection Real Estate Agent Training 68

Clear Capital

SEPTEMBER 13, 2023

As mortgage underwriters, you understand that a timely appraisal is paramount to a smooth loan approval process. But what if you could skip a traditional appraisal entirely? Well, with the introduction of inspection-based appraisal waivers to the market, you can! How do inspection-based appraisal waivers work?

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Appraisal Inspection Modernization Valuation 36

Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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Appraisal Appraisal Process Renovations Market Value 80

McKissock

MARCH 8, 2022

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession.

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Appraisal Inspection Real Estate Agent Technology 88

Clear Capital

DECEMBER 15, 2021

New technology furthers Clear Capital’s efforts to modernize the appraisal process. The technology was developed by Clear Capital’s data science team to further streamline the appraisal process and equip lenders with technology that powers low-risk, high-quality decisions.

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Appraisal Technology Appraisal Process Valuation 69

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. Arouse the suspicion of an entire neighborhood when inspecting comparable sales. To read more about the 4 ways, plus information on why I take ads, etc. Excerpts: 4 Bedrooms, 4.5

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Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. The process today is limited by a number of structural constraints, according to Scott Reuter, Single-Family chief appraiser at Freddie Mac. If we can check those boxes, we succeed.

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Valuation Modernization Training Appraisal Process 296

Clear Capital

JUNE 14, 2022

.” In addition to CDA, ValueLink offers multiple Clear Capital products through its appraisal management platform, including traditional appraisals, desktop appraisals, Broker Price Opinions (BPO), property inspections, property disaster inspections and commercial evaluations. About Clear Capital.

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Appraisal Valuation Inspection Technology 36

AmeriMac

OCTOBER 1, 2021

The appraisal process is one of the most important elements of the real estate industry – and unfortunately for the appraisers themselves, it’s also one of the most time consuming. In a pre-COVID world, it was common for appraisers to come out to a home and visually inspect both the inside and the outside.

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Modernization Appraisal Real Estate Technology 36

AmeriMac

OCTOBER 1, 2021

The appraisal process is one of the most important elements of the real estate industry – and unfortunately for the appraisers themselves, it’s also one of the most time consuming. In a pre-COVID world, it was common for appraisers to come out to a home and visually inspect both the inside and the outside.

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Modernization Appraisal Real Estate Technology 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. How does ACE + PDR Function?

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Valuation Appraisal Appraisal Process Real Estate 36

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.

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Appraisal Real Estate Agent Renovations Home Value 69

Housing Wire

MAY 2, 2022

From drive-through closings to drone-guided inspections, industry experts got creative to meet the growing demand for new homes for a surge of homebuyers and homeowners who wanted to take advantage of low interest rates. It’s incumbent on the appraiser to verify and determine they have accurate, reliable, credible information,” he said.

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D Fritz Appraisals

MARCH 7, 2019

This information will help you impress the appraiser as well as prospective buyers. A roof in poor condition will be flagged during a home inspection, allowing people to low ball or withdraw their offers. To learn more about the appraisal process and what appraisers look for when they visit your property, contact D.

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Renovations Appraisal Real Estate Agent Buyers 78

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.

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Appraisal Inspection Valuation Lending 28

Housing Wire

MAY 25, 2021

The FHFA’s engagement of industry stakeholders signifies a critical inflection point for appraisal transformation. Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. Presented by: PCV Murcor.

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Appraisal Valuation Real Estate Modernization 326

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 405

DW Slater Company

FEBRUARY 24, 2022

There has been much discussion and questions regarding these products so I thought I would share some information and thoughts on the topic. Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services.

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Tools Inspection Appraisal Technology 149

Appraisal Today

JANUARY 20, 2023

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Fee Appraisers will be gone in 5 years being relegated to measuring houses, property inspection, and basic condition reporting. Experience Off Grid living with all the modern amenities in the beautiful high desert mesa just outside Taos, NM.

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Appraisal Contracts Sellers Business 52

Appraisal Today

SEPTEMBER 23, 2022

House Passes VA Appraisal Modernization Legislation. This legislation is an important first step towards broad modernization of VA appraisal processes and could make veterans’ home purchase offers more viable in today’s competitive housing market. Then writing the appraisal from home.

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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.

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Appraisal Valuation Real Estate Modernization 195

Town & Country Residential Appraisals

MARCH 30, 2020

The AMC slowed the process down by 24 hours because they needed us to comment if the lot, in the middle of a town, with dimensions of 105’ x 140’ x 71’ x 152’, was an income producing farm. Undisclosed Information / Miscommunication There are a lot of people in the mortgage process, and a lot of information to change hands.

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Appraisal Process Appraisal Inspection Finance 53

DW Slater Company

FEBRUARY 24, 2022

There has been much discussion and questions regarding these products so I thought I would share some information and thoughts on the topic. Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services.

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Tools Inspection Appraisal Technology 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?

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Valuation Appraisal Inspection Appraisal Process 69

AmeriMac

JANUARY 3, 2022

They use information about these comparable homes to develop a fair value given the current conditions of the market. Note that this is an entirely separate process from something like a home inspection. The easy way to think of it is that an appraisal is entirely focused on determining the true value of a home.

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Appraisal Buyers Sellers Contracts 36

AmeriMac

JANUARY 3, 2022

They use information about these comparable homes to develop a fair value given the current conditions of the market. Note that this is an entirely separate process from something like a home inspection. The easy way to think of it is that an appraisal is entirely focused on determining the true value of a home.

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Appraisal Buyers Sellers Contracts 36

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.

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Valuation Real Estate Market Value Appraisal 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. Fannie Mae also included efforts to “modernize” appraisals in its equity plans.

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Appraisal Valuation Inspection Law 305

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. The home inspection took longer. And so, we’d said, let’s like, rethink the entire appraisal process from scratch.

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Clear Capital

JANUARY 5, 2023

. “The appraiser profession needs greater diversity, allowing those involved in the process to reflect the diverse communities they serve.” Appraisers are trained to provide an objective, unbiased analysis, but they also must rely upon data and methodologies that have been impacted by the systemic racism of redlining.

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