Housing Wire

MARCH 10, 2023

For the new value acceptance plus property data option, third parties are authorized to do that collection at the property site, as long as lenders verify that they have a background check, have been “professionally trained” and are competent to do that collection. “Shift NOW as much appraisal work as possible away from Fannie Mae. .”

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AmeriMac

DECEMBER 30, 2023

Real estate transactions can be complex, especially regarding REO a ppraisals. Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. This post will cover everything you need to know about REO appraisals.

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Appraisal Buzz

MAY 25, 2022

Educating new appraisers to freshen the industry with speed and innovation was near the top of the company’s to-do list, and Accurity is proud to announce talented appraisers in training have been reaching certification at a rapid pace – ready to do their part in the movement unfolding in the realm of real estate. ?.

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Appraisal Buzz

AUGUST 8, 2022

Appraisers who have had the opportunity to participate in an appraiser conference recently have probably noticed a recurring theme from Fannie Mae – the importance of supervisory appraisers training the next generation of appraisers. Fannie Mae recognizes the benefits of a more diverse appraiser workforce.

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Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

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Realtor

FEBRUARY 22, 2019

-Oxford-/iStock The home appraisal process is just a formality when buying real estate, right? If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. Sorry, not yet.

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Appraisal Process Appraisal Mortgage Buyers 78

Realtor

FEBRUARY 22, 2019

-Oxford-/iStock The home appraisal process is just a formality when buying real estate, right? If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. Sorry, not yet.

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Appraisal Process Appraisal Mortgage Buyers 78

East Coast Appraisal

SEPTEMBER 26, 2023

The appraisal process is critical to real estate transactions. Below are tips to help you get the right appraiser. Qualification and Licensing Ensure the real estate appraiser is qualified and licensed. According to bankrate.com , an appraisal can take between one and three weeks.

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Housing Wire

APRIL 30, 2022

Clear Capital’s desktop appraisal solutions offer an easy way to obtain property information by pairing seasoned brokers and appraisers with innovative mobile phone technology, ClearInsight and CubiCasa. Duane Andrews, CEO, Clear Capital. lenders and nearly every mortgage investor.

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Housing Wire

AUGUST 23, 2022

We have been very active in hybrid appraisal pilots and we have seen the benefit of providing accurate, digital data about the property to the appraiser, which has been crucial to adoption. Like every new process, education, training, and technology are key to success.

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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.

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Appraisal Inspection Real Estate Agent Training 403

Appraisal Buzz

JULY 13, 2022

Asteroom’s solution expands upon its existing Desktop Appraisal Service for appraisal management companies and lenders. Their national network of over 5,000 trained and certified data collectors can document properties within one calendar day of an order being placed. San Francisco, CA–Asteroom Inc.

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Housing Wire

JULY 12, 2022

John Bell, deputy director at the VA, said the agency has made strides in recent years to get loans processed and out the door in a timely manner. JB: We just approved a brand new training department for VA. We’re really excited about building this training team out and hiring a contractor to help us put together the materials.

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Appraiserblogs

JUNE 23, 2022

Free webinar on how to protect yourself against discrimination claims on 6/30/22, and today there will be a forum on “Racial Bias in the Home Appraisal Process”… OREP is sponsoring a free webinar on how to protect yourself and your business against discrimination claims. Appraisers,…. With increased public attention on the….

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Appraisal Buzz

JULY 5, 2021

With that said, appraisers are often tasked with having a knowledge of the local community and the local market — specifically how it affects the quality of a home. Everything from neighborhood sales to unique weather conditions plays a role in the appraisal process. That includes the appraisal process.

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Housing Wire

MAY 23, 2023

We often hear the statistic that the average appraiser is a 57-year-old white male. To break into appraising, you need to essentially apprentice with an existing appraiser, and for them to spend that much time training you often requires them to already have a close relationship with you.

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Premier Home Appraisal Blog

MAY 17, 2023

Price like a Real Estate Appraiser! Are you a real estate professional or mortgage lender looking to learn more about the home appraisal process? Let our experienced certified Virginia appraisal experts be the premier source of home appraisal knowledge for your market. We can help!

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Housing Wire

JUNE 30, 2021

The company provides appraisal management services to lenders, investment firms, community banks, servicers and anyone who needs a real estate valuation. Appraisal shortage. Appraisal shortage. And while it’s been over a year since the start of COVID-19, the real estate market hasn’t slowed down.

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Appraiserblogs

SEPTEMBER 20, 2021

Could this be another reason why so many real estate appraisers refuse to do bifurcated hybrid appraisals? “ Could this be another reason why so many real estate appraisers refuse to do bifurcated hybrid appraisals? Who’s REALLY completing bifurcated/hybrid appraisal reports?

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Birmingham Appraisal

APRIL 4, 2023

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.

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AmeriMac

APRIL 15, 2023

If you own or run a business, chances are you have some experience with commercial real estate. At some point, you may need to have a commercial real estate appraisal done as it plays a critical role in many aspects of the commercial real estate industry. What is it?

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Real Estate Appraisal Property Taxes Valuation 36

AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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Appraisal Process Appraisal Property Taxes Buyers 36

AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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Appraisal Buzz

MAY 9, 2022

This could be the biggest reason why the Log Home Industry has never pushed for appraisers, lenders, or real estate professionals to take the required educational courses needed to meet USPAP requirements or to meet Federal Energy Requirements. Finally, a new training manual has been created by the Log Home Council.

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Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

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McKissock

MAY 20, 2023

I told my mom, and she reached out to a colleague of hers who owns a real estate and appraisal services company and arranged for me to do an internship there. I was learning so much about real estate, and everything about it interested me. Interested in becoming an appraiser trainee?

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AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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Appraisal Process Appraisal Property Taxes Buyers 28

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.

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Birmingham Appraisal

SEPTEMBER 28, 2022

As a buyer, seller, or real estate agent involved in a sales transaction it’s important to be aware of changes in how things are done that may affect you. One of these changes is the use of the hybrid appraisal by lenders. What Is A Hybrid Appraisal? Things To Consider With Hybrid Appraisals.

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Housing Wire

FEBRUARY 8, 2022

By the end of 2020, FHFA signaled publicly it was considering hybrid appraisals on a permanent basis, following proposals from both Fannie Mae and Freddie Mac. The new policy is welcomed by lenders, who often view appraisals as a “pain point” and have sought to reduce turn-times. Appraisers are also likely to balk at another pay cut.

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Housing Wire

SEPTEMBER 23, 2021

The calculations reached by CubiCasa technology are aligned with American National Standards Institute standards and the technology can be used without prior training by anyone with a smartphone. How do remote valuation solutions benefit appraisers?

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Housing Wire

MARCH 23, 2021

The surge also highlighted the biggest challenge that the appraisal industry is facing is of capacity constraints due to ever declining number of professional appraisers. HW: How and why has appraisal management technology evolved over the past year? AA: The past year saw a rapid evolution in appraisal management technology.

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Realtor

MAY 15, 2023

. “For a hybrid appraisal, the inspection, sketch, and photos are completed by a third party,” says Matthew Love , a HUD/FHA-approved Certified Residential Appraiser at Real Estate Bees. ” Why is the hybrid appraisal becoming popular? . When is the hybrid appraisal used?

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AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

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Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. All this information is then utilized in the second stage of the appraisal process.

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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. Certification and Licensing Appraisal standards and regulations are vital to maintaining the integrity of the profession.

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Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

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