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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

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. An appraiser’s inspection is comparable to the level of observation conducted by a typical buyer.

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

Genworth MI Blog

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. An appraiser’s inspection is comparable to the level of observation conducted by a typical buyer.

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10 Things You Should Ask An Appraiser During the Appraisal

AmeriMac

You need to have this information so that you know who the appraiser is and you can contact them if needed. There have been instances of appraisers trying to cut corners by sending out inexperienced people without licenses to do property inspections, and you need to know who is coming out.