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Preparing Your Borrower for the Appraisal Inspection – Virtual or On-Site

Genworth MI Blog

Real estate appraisals serve an important role in the mortgage lending process and many borrowers will have personal experience interacting with an appraiser during a refinance, and possibly even a purchase. The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower.

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Preparing Your Borrower for the Appraisal Inspection – Virtual or On-Site

Genworth MI Blog

Real estate appraisals serve an important role in the mortgage lending process and many borrowers will have personal experience interacting with an appraiser during a refinance, and possibly even a purchase. The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower.

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Disagreeing with the Appraiser: Tips for Staying Compliant While Making Your Case

Genworth MI Blog

Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Appraisal Inspection: A typical on-site inspection of the subject involves the appraiser walking through the dwelling, examining the site improvements, and walking a representative portion of the land.

article thumbnail

Disagreeing with the Appraiser: Tips for Staying Compliant While Making Your Case

Genworth MI Blog

Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Appraisal Inspection: A typical on-site inspection of the subject involves the appraiser walking through the dwelling, examining the site improvements, and walking a representative portion of the land.