Remove Appraisal Process Remove Insurance Remove Lending Remove Property Inspector
article thumbnail

The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. Here’s a quick list of what you should look for in an AMC: They’re licensed in the state where the mortgaged property is located.

article thumbnail

The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. Here’s a quick list of what you should look for in an AMC: They’re licensed in the state where the mortgaged property is located.

article thumbnail

Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

During my presentation, I reviewed with the audience a number of appraisal scenarios that have been common practice for decades – often in spaces outside of first mortgage lending. Are these “other” inspection-and-valuation processes appropriate for lending?