Housing Wire
AUGUST 5, 2022
With tech solutions and automation dominating more and more of the mortgage experience, the appraisal process can feel a bit dated, often causing significant slowdowns. Providing appraisers with more product options designed to increase efficiency helps to create more capacity, which will become essential when volumes increase again.
Housing Wire
DECEMBER 8, 2022
“We’re having really high success using these products to expedite the purchase appraisal transactions compared to a traditional process.”. While the GSE requires users to go out and collect property data, there’s no appraisal needed in most circumstances after that data has been collected, cutting down on cycle time.
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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.
Housing Wire
SEPTEMBER 19, 2023
A home inspection hasn’t yielded any problems, so nothing is standing in the way of closing, right? One of the final hurdles to clear is the appraisal , and it has the power to leave a deal dead in the water. Appraisals protect both parties by preventing them from making a deal that’s not financially sound.
Housing Wire
JUNE 11, 2021
What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. After all, no property is perfect.
Housing Wire
FEBRUARY 18, 2022
Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” The post What AVMs can and can’t do in the appraisal process appeared first on HousingWire.
Appraisal Buzz
SEPTEMBER 1, 2021
Incenter Appraisal Management ’s new RemoteVal technology works to streamline one of the biggest bottlenecks in mortgage lending: appraisals. Already being piloted nationally, RemoteVal is empowering appraisers to complete thorough, compliant appraisal inspections without ever leaving their desks.
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