article thumbnail

The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. Subscribe now!

article thumbnail

The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. Subscribe now!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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.

article thumbnail

From Appraisal to Freedom: How a PMI Removal Appraisal Can Save You Thousands

Premier Home Appraisal Blog

You must schedule an appointment with a licensed appraiser or easily purchase a home appraisal online from us. The real estate appraiser will come to your home and conduct an inspection. Our clients receive a handy appraisal checklist after purchasing a Virginia house appraisal online.

article thumbnail

Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions.

article thumbnail

FHA Appraisal Requirements – What You Need to Know

CP Home Appraisals

FHA Appraisal Tips. The following are excerpts from HUD Mortgagee Letter 2005-ML-48 regarding repair and inspection requirements. Recommended repairs are based on a visual inspection of readily observable items only.