Appraisal Buzz

SEPTEMBER 15, 2021

—Digital transformation is underway with a modern approach to appraisal management—. Boston, September 14, 2021 – Reggora , an appraisal software company, improving residential real estate valuation, announced today that Envoy Mortgage has adopted its appraisal management system to help process all loans requiring an appraisal.

Technology 195

Technology Appraisal Modernization Mortgage 195

Housing Wire

SEPTEMBER 23, 2021

To keep up with the high demand amid the ongoing pandemic, appraisers need a remote solution that keeps them in full control. The appraisal-valuation space has seen quite a bit of mergers and acquisitions and disruptions in the last year. Presented by: Incenter. Class Valuation also has digital floor plan capabilities.

Valuation 381

Valuation Technology Appraisal Modernization 381

Housing Wire

MAY 2, 2021

With an increased demand for appraisals across the country, the need for efficiency during the appraisal process is greater than ever. Nationwide Appraisal Network (NAN) is an industry-leading appraisal management company providing residential and commercial valuation services in all 50 states.

Valuation 199

Valuation Appraisal Appraisal Process Technology 199

Housing Wire

JULY 12, 2022

It’s a model in stark contrast to that of inspections for traditional appraisals. It may also be viewed as revolutionary for an industry in which the most significant change to the appraisal process in the past few decades was the advent of appraisal management companies as an intermediary between lenders and appraisers.

Appraisal 404

Appraisal Inspection Real Estate Agent Training 404

Housing Wire

FEBRUARY 8, 2022

In January, Fannie Mae said it would start accepting desktop appraisals, where an appraiser need not perform a walk-through, for some agency-backed loans after March 19. Any loan application flagged as ineligible by Fannie Mae’s automated underwriting system will have to use a traditional appraisal.

Appraisal 370

Appraisal Appraisal Process Valuation Renovations 370

Housing Wire

APRIL 6, 2021

It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. The home checked off every box on Linda’s list. The house, in the Nashville area, was listed at $405,000.

Appraisal 539

Appraisal Reconsideration of Value Real Estate Agent Sellers 539

Appraisal Buzz

APRIL 15, 2024

Appraisers will be presented with the data elements needed to report the characteristics of the subject property, and analyze the market, comparables, and other necessary parts of the appraisal process. Only those data and report elements that are important for the scope of work will be presented to the appraiser.

Appraisal 397

Appraisal Design Lending Technology 397

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.

Appraisal 82

Appraisal Appraisal Process Renovations Market Value 82

Housing Wire

APRIL 27, 2021

Here it is: another article about appraisal modernization. Many are tired of hearing about how the appraisal industry needs to change and progress. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents.

Modernization 287

Modernization Appraisal HOA Valuation 287

Clear Capital

AUGUST 30, 2021

Through ClearLabs, Clear Capital launched a nationwide Modern Appraisal solution that leverages mobile technology and non-appraisers in the property data collection process, as well as OwnerInsight , a free, consumer-friendly mobile tool that enables safe social distancing in the appraisal process.

Valuation 74

Valuation Tools Real Estate Technology 74

Housing Wire

APRIL 5, 2023

House of Representatives passed a bill in September that streamlines the appraisal process for VA mortgage loans. The legislation is an important first step toward broad modernization of the VA appraisal process and could make veterans’ home purchase offers more viable, the MBA said. “We

Technology 372

Technology Appraisal Process Modernization Appraisal 372

Birmingham Appraisal

AUGUST 2, 2023

A Guide to Selecting the Right Appraiser Selecting a real estate appraiser is a crucial decision that can significantly impact your financial transactions and investments. Trustworthy appraisers uphold the highest ethical standards, maintaining objectivity and impartiality in their work.

Appraisal 73

Appraisal Agents Valuation Real Estate 73

Clear Capital

JUNE 14, 2022

Detailed appraisal analysis helps to create a clear, data-rich report summary to support smarter investment decision making. “The automated CDA ordering process takes it a step further bringing unparalleled efficiency gains in the risk review process.” ” About ValueLink Software.

Appraisal 36

Appraisal Valuation Inspection Technology 36

Birmingham Appraisal

JULY 12, 2023

How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions.

Real Estate Agent 87

Real Estate Agent Law Real Estate Bracketing 87

D Fritz Appraisals

MARCH 7, 2019

This ultimately affects how much money you should invest in improvements. Make It a Smart Home – Adding a few “smart” features to your home can add a touch of modern tech and appeal, without costing a lot. To learn more about the appraisal process and what appraisers look for when they visit your property, contact D.

Renovations 78

Renovations Appraisal Real Estate Agent Buyers 78

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.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Housing Wire

MAY 2, 2022

In October, FHFA Acting Director Sandra Thompson announced at the MBA’s annual conference that Fannie Mae and Freddie Mac would begin permanently accepting desktop appraisals for conventional loans, noting that “frictions in the appraisal process” can slow down turn times, especially in rural areas.

Appraisal 393

Appraisal Valuation Technology Inspection 393

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.

Appraisal Process 53

Appraisal Process Appraisal Inspection Finance 53

Housing Wire

MARCH 21, 2022

Loni Pincocki, a Michigan-based appraiser, said that if UWM continues to partner with the software company she won’t be using UWM’s appraisal program. I’m already nickel-and-dimed to death as an appraiser,” she said. Zitin noted that while this may be an operational investment for some lenders, there are advantages.

Appraisal 414

Appraisal Appraisal Process Client Relationships Valuation 414

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. If anyone has been in the appraisal industry for a while they do know that it has been changing with technology. Why would the GSEs want this product?

Tools 149

Tools Inspection Appraisal Technology 149

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. If anyone has been in the appraisal industry for a while they do know that it has been changing with technology. Why would the GSEs want this product?

Tools 78

Tools Inspection Appraisal Technology 78

AmeriMac

MARCH 29, 2024

In this blog, we will explore everything you need to know about reverse mortgage appraisals, including the basics of how reverse mortgages work, the eligibility criteria for a reverse mortgage, the role of appraisals in the process, and the appraisal process itself. Let’s dive deeper into the details.

Mortgage Appraisal 36

Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

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 are some of the benefits of desktop appraisals?

Valuation 69

Valuation Appraisal Inspection Appraisal Process 69

Listing Spark

JULY 24, 2023

For example, many investors see an annual 8% return on investment for each of their rental properties. Unfortunately, many processes in real estate investment are opaque, manual, or seem to require the active assistance of a licensed professional. Well-researched: There’s no room for guesswork in real estate investment.

Real Estate 36

Real Estate Investors Tenants Property Management 36

AmeriMac

JANUARY 3, 2022

A home is more than just another purchase – it’s an investment in the truest sense of the term. As is true with all investments, it needs to be protected. This is why appraisals are so important. Think about it like this. A home is perhaps the largest single item that someone will ever purchase in their lives.

Appraisal 36

Appraisal Buyers Sellers Contracts 36

AmeriMac

JANUARY 3, 2022

A home is more than just another purchase – it’s an investment in the truest sense of the term. As is true with all investments, it needs to be protected. This is why appraisals are so important. Think about it like this. A home is perhaps the largest single item that someone will ever purchase in their lives.

Appraisal 36

Appraisal Buyers Sellers Contracts 36

Clear Capital

SEPTEMBER 22, 2021

Combination of national valuation tech company and innovative proptech startup will accelerate appraisal modernization and further democratize property data and insights. ClearInsight is widely used in national appraisal modernization programs. About Clear Capital.

Modernization 69

Modernization Valuation Technology Real Estate 69

Appraisal Today

SEPTEMBER 9, 2022

So they are paying investment value, not market value. So, how does the appraiser adjust for changes in interest rates over time? However, this author is optimistic that process changes from each of the root causes for revisions have had some level of contribution to the decline. For example, i-buyers. But not one at a time.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Clear Capital

JANUARY 5, 2023

For the past few years — and amid movements around social injustice — conversations on the issue of bias in the appraisal process have been increasingly taking the spotlight as more homeowners stand up to tell their stories. The task force also proposed a set of policy changes to advance racial equity in the appraisal process.

Appraisal 69

Appraisal Modernization Valuation Appraisal Process 69