Housing Wire

JANUARY 18, 2023

Both types of initiatives are important, but no one seems to be talking about how we can get more production out of our current set of appraisers. The quickest way to ensure a faster appraisal process is going to be to learn how to work with valuation providers as partners in the process rather than the way most appraisers feel, adversaries.

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Appraisal Reconsideration of Value Appraisal Process Technology 384

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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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. Appraisers must remain independent.

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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. Appraisers must remain independent.

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Appraisal Process Appraisal Mortgage Buyers 78

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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Housing Wire

MAY 10, 2023

These alternative valuation initiatives are a gateway to a modern appraisal process, as they reduce origination times, reduce costs and provide a better experience to our borrowers,” said Aqil Ahmed , SVP of operations at ValueLink.

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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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Valuation Inspection Training Appraisal 384

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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Appraisal Modernization Appraisal Process Technology 366

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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Modernization Appraisal Process Appraisal Training 370

Housing Wire

OCTOBER 29, 2021

In addition to driving sustainable homeownership, we’re working with our partners to root out bias in the residential appraisal process. We need new, diverse talent to join the appraiser industry and we’re hopeful that these scholarships will help pave the way.”. This content is exclusively for HW+ members.

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Chicagoland Appraisal Blog

FEBRUARY 22, 2024

However, if you have hesitations about making this request, rest assured that appraisers are trained professionals who encounter various home environments daily. Opting for appraisers to wear shoe covers, instead of asking them to take off their shoes, is a practical alternative.

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Housing Wire

SEPTEMBER 13, 2022

Even recently, with technologies like virtual tours or dollhouse-style immersive walkthroughs that provide floor plans, those services can be expensive and require special training and equipment and take a long time to collect data, Allen explains. Buyers aren’t the only ones who benefit from detailed floor plans, either.

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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 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 Process Appraisal Property Taxes Buyers 28

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 410

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.

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Appraisal Valuation Technology Real Estate 370

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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Valuation Technology Appraisal Modernization 384

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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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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Housing Wire

JUNE 7, 2021

Recently, at an event marking the 100th anniversary of the Tulsa Race Massacre , President Biden announced the launch of a new interagency task force to root out what it calls inequity in the appraisal industry. The post Is the appraisal process color-blind? appeared first on HousingWire.

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Appraisal Process Appraisal Decorating Valuation 473

Birmingham Appraisal

APRIL 4, 2023

The Lack of Regulation and Training for Data Collectors One of the primary concerns with data collectors is that they are not as well-trained or regulated as certified appraisers. In contrast, there are no formal requirements for data collectors, and anyone can become one with little to no training or experience.

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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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Appraisal Design Lending Development 397

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. Some have also touted he cost benefits that desktop appraisals could bring. The lenders may not like the appraisal process, but they aren’t the ones taking on the risk.”.

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Appraisal Appraisal Process Valuation Renovations 370

Appraiserblogs

SEPTEMBER 20, 2021

It goes without saying that bifurcated hybrid appraisals are uniformly performed by very low paid, with third level writing skills, untrained property ‘inspectors’ using a checklist – but with no appraisal training and skill. Who’s REALLY completing bifurcated/hybrid appraisal reports?

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Housing Wire

MARCH 23, 2021

Over the years the real estate appraisal workforce has experienced a shortage and has fallen behind to attract new entrants to replace those retiring due to high barriers of entry such as training, cost, and licensure regulations. HW: How and why has appraisal management technology evolved over the past year?

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Appraisal Valuation Inspection Modernization 383

Premier Home Appraisal Blog

MAY 17, 2023

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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Appraisal Bracketing Appraisal Tips Inspection 98

Birmingham Appraisal

SEPTEMBER 28, 2022

What Is A Hybrid Appraisal? A hybrid appraisal is one that is done by involving more participants than just the appraiser. Rather than involve the appraiser in the data collection part of the appraisal process this part is done by someone else. Things To Consider With Hybrid Appraisals.

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Appraisal Property Inspector Training Real Estate Agent 59

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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Appraisal Inspection Appraisal Process Valuation 78

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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Technology Appraisal Lending Valuation 383

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. Everyone who works at PCV Murcor is trained knowing we are all in this together.”.

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Clients Valuation Real Estate Appraisal 384

DataMaster

APRIL 6, 2021

If you’re an appraiser and you’re reading this, you already know the details. But do your customers understand how an appraisal works? Share this article with them and chat about the appraisal process. The better the appraisal process is understood, the less customers will question the results!

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Appraisal Appraisal Process Buyers Legal 158

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.

Appraisal 78

Appraisal Inspection Appraisal Process Valuation 78

McKissock

MAY 20, 2023

By the time I was finished with the 12 weeks, I knew that I wanted to be an appraiser. I’m now completing my training there, and I’m enjoying every minute of it. Interested in becoming an appraiser trainee? Find out if real estate appraisal is right for you in our free career guide.

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Appraisal Real Estate Training Appraisal Process 97

McKissock

MARCH 24, 2022

Update appraiser qualification criteria related to appraiser education, experience, and examination requirements to lower barriers to entry in the appraiser profession. Not to be outdone, the U.S. House Committee on Financial Services announced it will hold its own hearing on March 29 th at 10:00 am.

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Valuation Property Appraisal Training Appraisal 91

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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Appraisal Appraisal Process Valuation Real Estate 36

Clear Capital

MAY 15, 2023

Could something get missed if the appraiser isn’t on-site and relying on third-party vendors? The fact that hybrid appraisers have a high standard to meet might reassure you. VIEW ORIGINAL ARTICLE The post The Hybrid Appraisal: It’s Cheaper, but Does It Protect Homebuyers?

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