Remove Appraisal Process Remove Logistics Remove Modernization Remove Technology
article thumbnail

Why is now the time for lenders to modernize their appraisal processes

Housing Wire

With tech solutions and automation dominating more and more of the mortgage experience, the appraisal process can feel a bit dated, often causing significant slowdowns. HousingWire: Why should lenders consider appraisal modernization and how can it benefit borrowers?

article thumbnail

Best practices to speed up the appraisal process

Housing Wire

One reason appraisals are taking less time is the adoption of different appraisal models. For instance, desktop appraisals became a permanent option for certain loans in March 2022, and along with hybrid appraisals, they’re reducing cycle times significantly. Can appraisals keep pace?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How will appraisal technology evolve in 2022?

Housing Wire

With the recent news about desktop appraisals, appraisal technology is top of mind for many. HousingWire recently spoke with Reggora co-founder and CTO Will Denslow about the role of technology in appraisal innovation. How will this affect appraisal technology moving forward?

article thumbnail

What role does appraisal tech have in creating customers for life?

Housing Wire

According to Reggora co-founder and CEO Brian Zitin, “Lenders need to start paying attention to the appraisal process now, more than ever.”. This year’s hot housing market has created several obstacles within the appraisal process that impact both the lender and the borrower. The first is legacy technology.

Appraisal 397
article thumbnail

Essential Real Estate Software for Investors to Improve Operations and Sales

Listing Spark

An In-Depth Analysis Modern online platforms offer users all three of these criteria, especially if you install them as apps on your phone. If you’ve made your next business decision but can’t act on it until your realtor or property manager gets back to you, that slows down all of your operations.