Appraisal Buzz

MAY 31, 2022

It’s an honor to play such an important role, but it’s also important to remember that lending programs are required to follow strict practices to protect the lenders and their investors against collateral risk. In practice, the mortgage lender and mortgage aggregator/investor place risk management focus on three lines of defense.

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Real Estate Lending Valuation Appraisal 221

Housing Wire

APRIL 30, 2022

Floor plans with interior walls are a requirement for GSE-compliant desktop appraisals, and CubiCasa and ClearInsight are the only solutions on the market that can execute these using a mobile phone. lenders and nearly every mortgage investor. Duane Andrews, CEO, Clear Capital.

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Appraisal Valuation Technology Real Estate 360

Housing Wire

AUGUST 30, 2022

There is also a renewed interest in the future state of residential mortgage originations. Many leading lenders are first taking time to review their origination processes and then creating clear digital transformation goals. This does not even include the exacting requirements of regulators and investors. Looking Inward.

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Tools Lending Valuation Technology 407

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 421

Cleveland Appraisal Blog

AUGUST 25, 2022

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. You may also have to prove that you have enough income to cover the mortgage on all properties that you own. You can use a mortgage calculator to get a better idea of what you can afford based on the purchase amount and down payment. Let us know

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Investing Renovations Landlords Real Estate 332

Miller Samuel

FEBRUARY 12, 2019

When Jeff and Marie asked me to be formally interviewed for their blog " The Apple Peeled " I was happy to do so, especially because I could veer off the road into issues about the current mortgage and appraisal process. That process can take time. “If Mortgage rates weren’t wildly different in ’09 compared to today.

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Marketing Real Estate Appraisal Sellers 221

Appraisal Buzz

FEBRUARY 7, 2022

Let’s take some time to reintroduce Desktop Appraisals and explore the risks that are presented when a Desktop Appraisal is requested of an appraiser as part of the mortgage application process. Appraisal Labels. Appraisers rely on standards of practice and processes. interior and exterior).

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Appraisal Inspection Development Technology 435

Listing Spark

FEBRUARY 24, 2023

Maximizing Returns with Real Estate Investment: An Interview with Ryan Jones Summary Aaron Jistel and Ryan Jones discuss the current real estate market, loan products for investors, cash out rule changes from Fannie Mae, debt service coverage ratio loans, interest rates, and home equity lines of credit.

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Real Estate Investing Investors Finance 36

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. I have seen a slowdown in my lending work also. So what can we do?

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Business Appraisal Real Estate Agent Clients 393

Simonson Real Estate

DECEMBER 6, 2022

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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Appraisal Process Real Estate Appraisal Renovations 78

D Fritz Appraisals

MARCH 16, 2022

Let’s take a look at investment property appraisals because it doesn’t look like our gold rush of a real estate market is slowing down anytime soon. Mortgages, property taxes, and utilities aren’t going to get much cheaper, so what’s a viable solution? . One of the most important things to consider is your mortgage agreement.

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Appraisal Insurance Investing Property Taxes 78

Clear Capital

NOVEMBER 3, 2022

AppraisalWorks , Clear Capital Announce Partnership to Streamline Appraisal and Valuation Review for Lenders. Banks, credit unions, loan servicers and mortgage lenders now have access to a suite of tech-enabled products for property valuation. For more on Clear Capital and its products and solutions, visit ClearCapital.com.

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Valuation Review Valuation Appraisal Modernization 69

Clear Capital

OCTOBER 27, 2021

Since embarking on our journey in 2001, we’ve held on to the belief that focusing on our customers’ success leads to greater impact on the entire mortgage industry. The rise of AMCs, Appraiser Independence Requirements, and regulated appraisal fees have had a profound impact on the way lenders order and manage valuations.

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Technology Valuation Appraisal Process Appraisal 69

The Robert Weiler Company

SEPTEMBER 18, 2022

But first, it’s important to understand what is a land appraisal, how it is appraised, the real estate appraisal process, and what to expect. What is a Land Appraisal? Land appraisal is a process of assessing the land value and then developing an opinion of value.

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Appraisal Valuation Real Estate Market Value 78

Housing Wire

AUGUST 21, 2023

As a consequence, the number of real estate, mortgage and general housing tech firms to make the annual Inc. Mortgage origination platform Maxwell , which was in the top 200 last year and a HW Tech 100 award winner in 2021, was ranked No. The past year hasn’t been particularly good for tech or housing. The company was No.

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Real Estate Real Estate Agent Technology Investors 367

The Robert Weiler Company

OCTOBER 21, 2022

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. Question 5: Why are commercial property appraisals important?

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Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

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Appraisal Modernization Appraisal Process Technology 281

Housing Wire

OCTOBER 18, 2022

Established in 2001, the Nevada-headquartered company delivers solutions to modernize the appraisal process, which may take days to weeks to complete, or even longer during booming markets. The APIs connect directly to existing systems through a single integration for lenders, investors and system providers.

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Valuation Modernization Real Estate Appraisal 396

AmeriMac

JULY 25, 2022

This article discusses what an appraisal requires, why it needs to be reviewed and the methods involved in arriving at both conclusions. What Is an Appraisal? An appraisal is the fair valuation of a property based on a professional’s opinion, mainly if the payment method includes a mortgage.

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Real Estate Appraisal Valuation Clients 36

Appraisal Today

APRIL 7, 2023

Communicating quickly with the lender is an issue with the appraisal process. NOTE: Please scroll down to read the other topics in this long blog post on ROVs, non-lender appraisals, appraisal business, unusual homes, mortgage origination stats, etc. == Amazing Guitar-Shaped House in Georgia Currently off market.

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Appraisal Property Taxes Reconsideration of Value Contracts 52

Appraisal Buzz

NOVEMBER 3, 2021

It is imperative to set and adopt a standard that can be applied by appraisers as well as other stakeholders. As the appraisal process is undergoing major shifts towards modernization and new levels of automation, this void was ripe for a solution. Lender and investor overlays. Technology impacts.

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Valuation Development Technology Appraisal 370

Housing Wire

MAY 25, 2021

The FHFA’s engagement of industry stakeholders signifies a critical inflection point for appraisal transformation. Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. Presented by: PCV Murcor.

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AmeriMac

MAY 30, 2021

Common Issues With Appraisal Quality Control. Unfortunately, a lack of appraisal quality control is one of many factors that contributed to the real estate crisis of 2008. According to one National Mortgage Professional article , haphazard appraisals “led to losses at Washington Mutual of several hundred million dollars.”

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Appraisal Real Estate Valuation Legal 36

AmeriMac

MAY 30, 2021

Common Issues With Appraisal Quality Control. Unfortunately, a lack of appraisal quality control is one of many factors that contributed to the real estate crisis of 2008. According to one National Mortgage Professional article , haphazard appraisals “led to losses at Washington Mutual of several hundred million dollars.”

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Appraisal Real Estate Valuation Legal 36

AmeriMac

MAY 30, 2021

Common Issues With Appraisal Quality Control. Unfortunately, a lack of appraisal quality control is one of many factors that contributed to the real estate crisis of 2008. According to one National Mortgage Professional article , haphazard appraisals “led to losses at Washington Mutual of several hundred million dollars.”

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Appraisal Real Estate Valuation Legal 36

Appraisal Buzz

SEPTEMBER 1, 2021

This partnership will reduce the friction in the bifurcated appraisal process by enabling a seamless integration of property inspection data and analytics in appraisal workflows. PropMix’s platform and solutions are widely used by mortgage lenders, appraisers, realtors, and investors. PropMix.io

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Appraisal Valuation Real Estate Modernization 195

Realtor

MAY 15, 2023

Getty Images If you need a mortgage to buy a home you have your eye on, it’s standard for your lender to order an appraisal of the property. But when your lender says it’s ordering a hybrid appraisal instead of a traditional appraisal , what does that mean exactly ? When is the hybrid appraisal used?

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Appraisal Real Estate Appraisal Process Market Value 107

PennyMac

JUNE 28, 2022

Cash like this is usually accessed through a second mortgage, such as a HELOC or a one-time home equity loan. Some borrowers, like investors, commonly take out the maximum amount of funds and pay it off several times over. You can also consider refinancing your current mortgage into a shorter-term mortgage. HELOC FAQs.

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Home Improvement Contracts Renovations Mortgage 36

Realvals

JUNE 18, 2023

With this comprehensive list, you’ll find the most common and some more uncommon reasons to get an appraisal. Buying a Home When buying a home, an appraisal can help you in two ways. One, as way to know the value before making an offer, and two, for the mortgage process after making an offer.

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Appraisal Property Taxes Real Estate Market Value 145

Clear Capital

APRIL 21, 2022

Using Reggora with CCR, lenders can take advantage of an improved appraisal review process that reduces risks and meets differing investor guidelines. The time it takes to process an appraisal is gaining attention in the industry for being a vital part of overall mortgage fulfillment. About Reggora.

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Appraisal Valuation Mortgage Modernization 36

Clear Capital

APRIL 24, 2024

During his tenure, he has played an instrumental role in Clear Capital’s work alongside Fannie Mae and Freddie Mac to refine and modernize the appraisal process. It also automates underwriting capabilities to evaluate compliance with internal credit policies, GSE guidelines, and other investor overlays to close loans faster.

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Modernization Appraisal Appraisal Process Inspection 36

Appraisal Today

APRIL 12, 2024

Insurance purposes: Lenders or other clients may order desktop appraisals for insurance purposes to determine the property’s replacement cost or insurable value. Managing Investments: For investors who own multiple properties, desktop appraisals provide rapid updates on property values. baths, 14,450 sq.ft.,

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Walitt Solutions

JULY 28, 2019

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. But is this so-called “new” process really new at all?

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Appraisal Inspection Valuation Lending 28

Valuation Nation

OCTOBER 16, 2022

The regular section also has a higher number of investors seeking out rentals for their respective portfolios. That is the story I must convey to the underwriter if i am writing a report for a mortgage transaction. For the appraisers reading this, not addressing the transition would not be advised. Appraisers: Use Your Tools.

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Real Estate Appraisal Marketing Inventory 116

McKissock

FEBRUARY 25, 2022

Approach to the appraisal process. Appraisal specializations. ” Related reading: 8 Characteristics of a Successful Real Estate Appraiser. Approach to the appraisal process. Very efficient throughout every process.” ” “I have been in the appraisal business for 33 years.

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Real Estate Appraisal Easement Inspection 78

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. And then they can conveniently and peacefully get their mortgage two weeks, a month, two months later. They then go to get their mortgage.

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Sellers Agents Real Estate Buyers 69

Appraisal Today

SEPTEMBER 9, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Value Reconciliation, non-lender appraisals, liabililty, USPAP, unusual homes, mortgage origination stats, etc. =. Because of the housing shortage, investors are buying single-family residences. Those investors are buying in bulk. The 10 U.S.

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Reconsideration of Value Appraisal Clients Contracts 52