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Class Valuation’s CIO on solving the appraisal conundrum

Housing Wire

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. Everybody is affected by the appraisal process. SW: What keeps you up at night?

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Understanding the Law of Diminishing Returns in Pricing: A Guide for Real Estate Agents

Birmingham Appraisal

In this blog post, we will delve into the concept of the Law of Diminishing Returns and explore how real estate agents can utilize this knowledge to effectively price their listings. For example, upgrading a kitchen with modern appliances and high-end finishes may significantly increase its value.

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Will hybrid appraisals become the new normal?

Housing Wire

The Federal Housing Finance Agency (FHFA) announced Monday it is requesting input on the appraisal policies, practices and processes of Fannie Mae and Freddie Mac, especially as it relates to the GSEs’ appraisal modernization efforts. The Request for Input (RFI) – open to comment until Feb.

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Opinion: The pros and cons of VA modernization bill

Housing Wire

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect. A fundamental change.

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Reggora gets Series B funding, eyes 2-day appraisals

Housing Wire

Find out more about technology and solutions specifically geared to empower the community lender to offer personalized service to borrowers and to the real estate agent partners from loan application to closing. ” The post Reggora gets Series B funding, eyes 2-day appraisals appeared first on HousingWire.

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Data Collectors Bring Into Question The Integrity of Modern Appraisals

Birmingham Appraisal

Will Appraisal Integrity Be Negatively Affected by Data Collectors In the world of real estate, appraisals play a vital role in determining the value of a property. However, in recent years, the rise of data collectors has brought into question the integrity of modern appraisals. No related posts.

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Fannie Mae approves six vendors for controversial new valuation initiative

Housing Wire

Kenon Chen , executive vice president of strategy and growth at Clear Capital , told HousingWire last week that the potential for modernization in the industry is huge with Fannie’s announcement. This is a standardized data collection done at the property, which brings objective, transparent data into the whole process,” he said. “I

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