Housing Wire

MAY 24, 2022

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. One mid-sized lender echoed the opinion of others that appraisals still take too long.

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Housing Wire

MARCH 23, 2021

AA: The past year saw a rapid evolution in appraisal management technology. With the onset of the pandemic, the GSEs introduced temporary flexibilities to the appraisal process which enabled the path for major advancements in 3D scanning, guided inspection applications and data-driven solutions.

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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. SW: What keeps you up at night?

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Appraisal Technology Modernization Real Estate Agent 414

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?

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Valuation Appraisal Inspection Technology 370

Appraisal Buzz

JANUARY 24, 2022

Join us for our upcoming webinar on January 25th at 2 pm, “ The Future of Desktop Appraisals ” with Joshua Walitt and Mark Walser! Learn about all of the new features in RemoteVal – a free inspection app for appraisers! Buzz : What is your background in the appraisal industry? Buzz : What is RemoteVal?

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Appraisal Inspection Technology Valuation 370

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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Birmingham Appraisal

APRIL 4, 2023

For example, a data collector may not be aware of the hundreds of items that an appraiser observes during an appraisal inspection. They may not notice the multitude of items that a trained appraiser checks during one of their appraisal observations.

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Housing Wire

OCTOBER 26, 2020

When COVID-19 complicated the appraisal process, Xome was able to direct its lender clients to its contactless valuation option via a mobile app. Inspex solves an issue unique to 2020 by adding flexibility for homeowners who may not be comfortable with a vendor in-home inspection.

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Clients Valuation Technology Inspection 374

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

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

East Coast Appraisal

AUGUST 22, 2023

An appraisal can help you determine the fair market value of your property, negotiate a better deal, or secure a favorable loan. However, getting an appraisal is not as simple as calling an appraiser and scheduling a visit. Discover some tips on how to prepare for a commercial property appraisal.

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Property Appraisal Appraisal Easement Appraisal Process 52

AmeriMac

NOVEMBER 30, 2023

These appraisals are valuable tools for property owners, investors, and lenders, helping them make informed decisions about sales, refinancing, property tax assessments, and estate planning. Becoming a commercial appraiser requires appropriate education, training, experience, and certification.

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Appraisal Real Estate Appraisal Process Inspection 36

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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Birmingham Appraisal

AUGUST 23, 2023

Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations. The Power of Pre-Appraisal Preparation: Agents preparing properties for appraisals can have a significant impact on the outcome.

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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

Birmingham Appraisal

FEBRUARY 20, 2024

From an appraiser’s perspective, I know that we work with agents to make sure the appraisal is done in a timely manner with the most accurate information possible. While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did.

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AmeriMac

JANUARY 30, 2024

The significance of Reverse Mortgage Appraisal In the context of reverse mortgages, a crucial aspect is ensuring that the property’s value aligns with the loan terms, making the reverse mortgage appraisal process significant. This professional and attentive approach guarantees the accuracy and reliability of the appraisal.

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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.

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Appraisal Appraisal Process Valuation Real Estate 36

Clear Capital

MARCH 2, 2023

When a lender receives loan eligibility for agency loan programs that allow for an inspection-based appraisal waiver, UDC ensures fast and accurate collection and submission that meets both Freddie Mac and Fannie Mae data standards. Our goal is to provide customers with a complete understanding of every U.S.

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Modernization Appraisal Valuation Real Estate 69

Housing Wire

JULY 31, 2023

It solves the pain point of inefficiencies in the mortgage industry’s appraisal process by providing an end-to-end solution, integrating vendor payments and compliance checks into a single platform. Ascent Software Group continues to work on updates to Jaro’s software to help further improve the appraisal process.

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Appraisal Appraisal Process Tools Inspection 355

Listing Spark

OCTOBER 9, 2023

Attorney and Inspection: Hire an attorney for legal guidance, prepare for home inspections, and address any necessary repairs or negotiations. Appraisal and Closing: Cooperate with the appraisal process, handle any renegotiations if required, and proceed with the closing process.

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Clear Capital

MAY 10, 2023

These alternative valuation initiatives are a gateway to a modern appraisal process, as they reduce origination times, reduce costs and provide a better experience to our borrowers,” said Aqil Ahmed , SVP of Operations at ValueLink. Our goal is to provide customers with a complete understanding of every U.S.

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Modernization Appraisal Valuation Real Estate 69

AmeriMac

MAY 10, 2023

Types of Appraisal Review Reports When it comes to appraisal review reports, there are several types that can be conducted. A field review involves an on-site inspection, while a desk review is done without an on-site inspection.

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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. Media Contact: Ryan Hall.

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Clear Capital

NOVEMBER 14, 2022

In addition, staying up-to-date with Uniform Standards of Professional Appraisal Practice (USPAP), Federal Housing Administration (FHA), and GSE guidelines and industry requirements also goes a long way in drafting error-free reports that would otherwise create unnecessary revision requests. Do careful pre-inspection research.

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Appraisal Lending Bracketing Appraisal Process 69

McKissock

DECEMBER 7, 2021

In a recent monthly survey, our appraisal community identified “adopting new technology to increase your efficiency” as the best way to earn more money as an appraiser. The more efficient you are, the more appraisal reports you can complete. Manage client expectations.

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Property Appraisal Appraisal Clients Business 64

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

DW Slater Company

FEBRUARY 24, 2022

As technology has evolved we have much greater access to data and appraisers are learning to adapt and use this technology. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. The appraiser may be able to use remote tools to view or sketch the property.

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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.

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Housing Wire

AUGUST 21, 2023

Year Founded Description 98 OptiFunder 4,767% 2018 Finance company helping independent mortgage lenders choose among funding options and streamline the process. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. Source: Inc.

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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.

Modernization 36

Modernization Appraisal Real Estate Technology 36

DW Slater Company

FEBRUARY 24, 2022

As technology has evolved we have much greater access to data and appraisers are learning to adapt and use this technology. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. The appraiser may be able to use remote tools to view or sketch the property.

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Tools Inspection Appraisal Technology 78

Housing Wire

DECEMBER 7, 2023

Students chose the school for its offering of live instruction classes for salespersons, brokers, appraisers, mortgage, and home inspection courses at various locations and convenient times, including weekend classes. Select from seven 2-hr, ala carte courses Complete CE Package for $50: Required 12 hrs of coursework.

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Real Estate Real Estate Agent Law Brokerage 363

Cleveland Appraisal Blog

JANUARY 13, 2022

I know of some appraisers who do not measure the properties they appraise, even though they are expected to when making a physical observation (inspection). That’s the same reason many of our clients require that we make a physical inspection and measure the improvements of the property we are appraising.

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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.

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Valuation Appraisal Inspection Appraisal Process 69

McKissock

JULY 28, 2022

A redesigned, dynamic URAR will replace the numerous and separate appraisal forms and can be used for different property types, such as two-to-four units, condominiums, manufactured homes, and for different scopes of work, such as interior and exterior inspections, updates, and completion assignments.

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