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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

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How AI is changing the valuations process

Housing Wire

For investors, we can assist with finding problematic appraisals and evaluating them for a potential putback using the same process. HW: How is artificial intelligence being integrated into the property valuation and appraisal process? HW: With higher rates, the market for home equity lending continues to grow.

Valuation 344
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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

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.

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2020 Banking and Construction Lending Trends for Minnesota

Simonson Real Estate

Since then, market uncertainty has caused commercial investors to increasingly worry whether their commercial appraisal analyses are accurate. . At Simonson Appraisals, our team works tirelessly to ensure those worries are needless. This allows us to continue to deliver well-reasoned and credible appraisal reports.

Lending 148
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Lines of Defense in Real Estate Collateral Risk Management

Appraisal Buzz

As we all know, the home valuation is an integral part of the lending process that helps Americans in their journey to homeownership. This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate.

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Reevaluating your origination tools? Here’s where to start

Housing Wire

While the lending industry has traditionally seen a measured and conservative approach to technological evolution, we are finding that many “strategic” decisions are made during these relative lulls in production. We have also seen large multi-channel lenders reducing their risk footprint in wholesale and correspondent lending.

Tools 384
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The Role of Appraisal Review in the Risk System – Appraisal Revisions

Appraisal Buzz

It took several years to re-establish effective and meaningful communication between appraisers and their lending partners. Users will re-engage the appraiser once they attain a level of confidence in that professional’s ability. Is there room for more improvement?

Appraisal 281