Housing Wire

DECEMBER 8, 2023

How do you articulate the value you bring when representing a homebuyer in a real estate transaction? Guide them through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, the appraisal process and the final walk-through. Always be one step ahead of your clients.

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Clients Real Estate Inspection Buyers 403

Housing Wire

MARCH 3, 2023

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement.

Modernization 370

Modernization Appraisal Real Estate Valuation 370

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! ” “It’s a lot more than just pulling comps!

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., FHA appraisal assignments ) because they don’t want to be considered a “home inspector.” You were hired to complete an appraisal. Can an appraisal inspection substitute a home inspection?

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Inspection Appraisal Construction Clients 105

DataMaster

FEBRUARY 3, 2021

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Many appraisers share Horn’s concerns.

Appraisal Process 78

Appraisal Process Appraisal Modernization Training 78

Housing Wire

JANUARY 3, 2022

Appraisal management company Clear Capital , in the latest effort to revamp the appraisal process, hopes to automate property photo reviews to ensure data and photo consistency with its photo review product , ClearPhoto. United Wholesale Mortgage also hopes to make its stamp on the appraisal space.

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Tools Appraisal Appraisal Process Real Estate 398

Riverfront Appraisals

JULY 1, 2021

For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. So far, we’ve covered final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals.

Appraisal Process 88

Appraisal Process Reconsideration of Value Bracketing Final Inspection 88

Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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Inspection Appraisal Marketing Appraisal Process 78

AmeriMac

DECEMBER 30, 2023

Real estate transactions can be complex, especially regarding REO a ppraisals. Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. This post will cover everything you need to know about REO appraisals.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

Appraisal Buzz

JANUARY 24, 2022

LOUIS — January 24, 2022 — With Fannie Mae and Freddie Mac accepting desktop appraisals beginning in March, Incenter Appraisal Management and McKissock Learning are partnering to help appraisers update their remote inspection skills in response. Additional webinars will be scheduled on an ongoing basis.

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Training Valuation Appraisal Inspection 370

Raleigh Realty

FEBRUARY 19, 2022

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? Now it's time for the home appraisal. But before you do there's one last factor to consider: the home appraisal. Here's what you need to know about home appraisals so that you come prepared.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

Valcre

NOVEMBER 16, 2022

commercial real estate appraiser plays one of the most vital roles in a commercial property sale because the appraiser can influence the buyer’s decision. What the appraiser discovers during an appraisal can determine if a buyer will buy a commercial property or not.

Real Estate 73

Real Estate Appraisal Appraisal Process Inspection 73

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market.

Real Estate Agent 77

Real Estate Agent Real Estate Agents Reconsideration of Value 77

Housing Wire

AUGUST 7, 2023

Tony Pistilli, general manager of valuations for Restb.ai, expressed his enthusiasm about the collaboration: “Working with Bradford, we are providing the newest and most advanced AI technology to accelerate the modernization of the appraisal process.”

Technology 338

Technology Appraisal Valuation Modernization 338

Housing Wire

MARCH 10, 2023

” In a statement Friday, Accurate Group said it has completed more than three million property data inspections and hybrid appraisals through its ValueNet suite of products. Our appraisal, property inspection, title and closing technologies are designed to plug into any digital platform.”

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Valuation Inspection Training Appraisal 384

Housing Wire

JUNE 27, 2023

Automated mortgage technology provider Lender Toolkit announced this week that it has integrated with Reggora , an appraisal management software company that focuses on modernizing residential real estate valuations for mortgage lenders.

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Mortgage Modernization Appraisal Process Loan Conditions 276

D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. What Is a Home Appraisal? What Is a Home Inspection?

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Inspection Appraisal Real Estate Property Appraisal 95

East Coast Appraisal

MAY 24, 2023

While trying to buy a home, you may have found out that some lenders require their borrowers to have an appraisal and/or an inspection completed. Some lenders may only require an appraisal and leave the decision about an inspection up to you.

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Inspection Appraisal Sellers Buyers 52

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Factors Considered by Appraisers When determining the value of a property, appraisers consider several crucial factors.

Real Estate Agent 75

Real Estate Agent Real Estate Agents Appraisal 75

Housing Wire

MAY 31, 2021

Buying and selling a home can be challenging, and the real estate process is often time-consuming and stressful. One of the most challenging aspects in a real estate transaction is the valuation process. A simple mistake could drastically slow down the process and frustrate lenders, home buyers and sellers.

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Inspection Valuation Real Estate Real Estate Agent 196

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.

Appraisal 409

Appraisal Inspection Real Estate Agent Training 409

Housing Wire

MAY 2, 2021

Real estate technology has changed rapidly over the last few years, and property valuation is no exception. And to make that happen, lenders need a solution that streamlines the appraisal process and eliminates potential mistakes. Appraisals are often time-consuming.

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Valuation Technology Supply Chain Inspection 200

The Appraiser Coach

DECEMBER 5, 2023

I had gone over to do an inspection for him, and we got to talking about how he had had another guy come through earlier to do an appraisal of his home. To make a long story short, this man felt like the first appraisal had come in lower than it should have. Real-estate agents, homeowners, appraisers – we’re all human.

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Real Estate Agent Inspection Appraisal Appraisal Process 150

Appraisal Buzz

MARCH 21, 2022

Join us for our upcoming webinar on March 22 nd at 2 pm, “ Appraiser-Controlled Desktop and Remote Valuations ” with Mark Walser and Lisa Ratzke! Learn about all of the features in RemoteVal – a free inspection app for appraisers. Buzz : What are some examples of new technology and the need for it in the appraisal industry?

Valuation 370

Valuation Appraisal Inspection Technology 370

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

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Sellers Real Estate Appraisal Appraisal Process 78

Appraisal Buzz

APRIL 19, 2022

today launched its new nationwide desktop appraisal data collection service to fully enable the new property valuation method called desktop appraisal endorsed and approved by Fannie Mae and Freddie Mac that started on March 19, 2022. San Francisco, CA–Asteroom Inc. About Asteroom Inc.:

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Appraisal Inspection Real Estate Agent Valuation 195

Housing Wire

NOVEMBER 22, 2023

As we’re implementing technology, we always try to think of things that are going to improve the experience for all stakeholders: homeowners, real estate agents, investors, rating agencies, appraisers, loan officers, mortgage brokers. Everybody is affected by the appraisal process.

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Appraisal Technology Modernization Real Estate Agent 419

Appraisal Buzz

JANUARY 31, 2022

I do not have enough hard drive to write about all the compounding issues and possible solutions that could assist everyone in streamlining the real estate industry (call me, ASC), however, there is one major word that can decrease appraisal turn time as well as decrease the tension in the industry: Communication. Appraisers.

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Appraisal Process Inspection Appraisal Clients 195

Riverfront Appraisals

JANUARY 18, 2021

Well – not really the end, but one of the last parts of some appraisals – namely the final inspection. We’ll briefly look at what a final inspection […]. The post The Loan Officer’s Guide to Appraisals, Part 1: The Final Inspection appeared first on Riverfront Appraisals.

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Final Inspection Inspection Appraisal Loan Officers 93

Realtor

FEBRUARY 22, 2019

-Oxford-/iStock The home appraisal process is just a formality when buying real estate, right? If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. Sorry, not yet.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Realtor

FEBRUARY 22, 2019

-Oxford-/iStock The home appraisal process is just a formality when buying real estate, right? If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. Sorry, not yet.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Housing Wire

SEPTEMBER 23, 2021

Remote inspections have the power to make homeowners and appraisers more comfortable. Others don’t provide appraisers with accurate enough data. While the immediate need for remote appraisals began in 2020, it soon became clear that these processes were here to stay.

Appraisal 336

Appraisal Inspection Technology Tools 336

Clear Capital

MARCH 23, 2022

Last year’s acquisition of CubiCasa by Clear Capital, a national real estate valuation technology company, was just one step in the firm’s overall mission to modernize the appraisal process, a top official told Mortgage Professional America. READ FULL STORY.

Appraisal Process 36

Appraisal Process Modernization Appraisal Inspection 36

Housing Wire

MAY 23, 2023

“These additional valuation options will lessen the opportunity for appraisal bias.” The need to physically inspect each property will be replaced with data or other inspection options in many cases. Appraisal concerns have also been mitigated by more easily accessible data. Johnson said.

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Technology Appraisal Lending Valuation 347

Midtown Appraisal Group

JUNE 22, 2021

Until the pandemic, like many appraisers, I often didn’t interact with property owners during the appraisal process: A financial institution would call with an appraisal request, I’d make arrangements with the real estate agent to pick up the keys or access the lockbox, and do the inspection when the owners or residents were at work. […]. (..)

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Appraisal Real Estate Agent Appraisal Process Inspection 133

Premier Home Appraisal Blog

MAY 17, 2023

Price like a Real Estate Appraiser! Are you a real estate professional or mortgage lender looking to learn more about the home appraisal process? Let our experienced certified Virginia appraisal experts be the premier source of home appraisal knowledge for your market. We can help!

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Appraisal Bracketing Appraisal Tips Inspection 98

Boston Appraisal

OCTOBER 8, 2022

One such attempt is the increased use of hybrid appraisals. Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves.

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Appraisal Inspection Appraisal Process Valuation 135