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

Genworth MI Blog

Should I follow the appraiser and point things out? 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. Tips for an On-Site Appraisal Inspection.

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

Perhaps you’ve heard the murmurs about an automated appraisal. There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare.

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article thumbnail

The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

Perhaps you’ve heard the murmurs about an automated appraisal. There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare.

article thumbnail

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

Genworth MI Blog

Should I follow the appraiser and point things out? 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. Tips for an On-Site Appraisal Inspection.

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

Genworth MI Blog

This can include improper influence to inflate the appraised value, overlook repair items, misstate facts, ignore or conceal external influences, and misrepresent market conditions. Because of this reality, many laws and regulations have been enacted over the past 10 years to discourage improper communication with the appraiser.

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

Genworth MI Blog

This can include improper influence to inflate the appraised value, overlook repair items, misstate facts, ignore or conceal external influences, and misrepresent market conditions. Because of this reality, many laws and regulations have been enacted over the past 10 years to discourage improper communication with the appraiser.