Appraisal Buzz

JULY 17, 2024

In today’s episode, we welcome back Shawn Telford, the Chief Appraiser and Valuation Officer for CoreLogic. Shawn takes us through his journey in the appraisal industry and his influential role at CoreLogic. The post UAD Updates and the Future of Appraisals appeared first on Appraisal Buzz.

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Appraisal Buzz

JUNE 26, 2024

What’s going on with the new generation of appraisers? What is the Appraiser Diversity Initiative? Get more details or register here: [link] At The Appraisal Buzzcast, we host weekly episodes with leaders and experts in the appraisal industry about current events and relevant topics in our field.

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Appraisal Buzz

SEPTEMBER 11, 2024

Jake offers insights into how Aivre is revolutionizing the process of appraisal—including how to prepare for the new UAD transition and strategies to ease into this change with confidence, even if you’re hesitant about the new system. The post Navigating the New UAD: A Game Plan for Appraisers appeared first on Appraisal Buzz.

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Housing Wire

SEPTEMBER 13, 2024

Cindy Chance, the CEO of the Appraisal Institute , was terminated during what she described as a “secret board meeting” on Thursday night that she was excluded from. “We want to reassure you that we take our mission as Directors of the Appraisal Institute seriously. . appraisers say they are male, 1.3%

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Housing Wire

MAY 14, 2024

Atlas VMS , the appraisal and valuation company led by Erik Morin , announced this week the appointment of Joe Pravettone as chief appraiser. In 2017, he became chief appraiser for longtime reverse mortgage industry leader American Advisors Group (AAG), a position he held until the end of 2022.

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Housing Wire

JUNE 25, 2024

Home appraisals are critical to the home buying and selling process. But that’s not all a home appraisal can do. Let’s take a closer look at appraisals, what they mean for a sale, and how to leverage the results to get your clients the best price possible. What is the purpose of a home appraisal?

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George Dell

SEPTEMBER 10, 2024

What is an “accurate” appraisal? First, we note that in Standard 1 of USPAP (Uniform Standards of Professional Appraisal Practice), accuracy is not required. What is required is that an appraisal be credible, or “worthy of belief.” Standard 3 does say specifically that the reviewer must […] The post An Accurate Appraisal?

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Appraisal Buzz

AUGUST 7, 2024

Today on the Buzzcast, we welcome back Jeff Hogan, SRA, AI-RRS, Senior Vice President of Valuations and Chief Appraiser for Valligent. In this episode, we explore how advancements in technology are impacting the appraisal field. We also tackle the big question: Will there always be a need for human involvement in appraisals?

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Appraisal Buzz

JUNE 17, 2024

As the dust begins to settle on this $418 million agreement, it is crucial for appraisers to recognize the vast opportunities now available to them. This self-reflection is essential, not only for agents but also for appraisers who can capitalize on the shifting dynamics.

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Housing Wire

NOVEMBER 1, 2023

Appraisal technology company Accurate Group announced this week that it has acquired Voxtur Appraisal Services , an appraisal management company (AMC). Voxtur primarily serves real estate finance providers and specializes in broker-price opinions (BPOs), alternative valuation methods and traditional appraisals.

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Housing Wire

AUGUST 23, 2024

Jaro is the only end-to-end appraisal platform on the market that is painstakingly designed for lender and AMC workflows to serve every party in the valuation process. The platform’s integrations are highly adaptable, offering a wide range of options to meet needs across the appraisal space. Click Here Why choose Jaro?

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Appraisal Buzz

MAY 8, 2024

On today’s episode of the Appraisal Buzzcast, host Hal Humphreys speaks with Jason Feifer, Editor in Chief of Entrepreneur Magazine and our keynote Speaker this year at Valuation Expo. The post Embracing Change in the Appraisal Industry appeared first on Appraisal Buzz.

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Appraisal Buzz

JULY 3, 2024

Today on the Appraisal Buzzcast, host Hal Humphreys speaks once again with Peter Christensen, attorney/owner at Valuation Legal, CE instructor at Appraiser eLearning, and one of our highest rated Buzzcast guests. What are some current court cases and lawsuits affecting appraisers today?

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Cleveland Appraisal Blog

JULY 20, 2022

I recently gave a presentation and was asked if appraisal gap clauses impact the way appraisers are developing their opinion of value? In other words, do appraisal gap clauses cause appraisers to be more “conservative”? An appraisal gap clause can be written into a contract. Okay, maybe not.

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Housing Wire

MARCH 26, 2024

loanDepot has settled a lawsuit filed by a Maryland couple accusing the firm of appraisal bias, ending a case that gained national attention two years ago. California-based loanDepot will pay an undisclosed amount and commit to improving its mortgage appraisal practices. But the company hasn’t admitted any fault.

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Appraisal Buzz

JUNE 26, 2024

A proper home appraisal is essential whether purchasing or selling a property. This appraisal is used by mortgage lenders to calculate the maximum amount they will lend on a property. Many even watch the worth of their own homes, which are produced by these algorithmic appraisal techniques, on well-known real estate websites.

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George Dell

SEPTEMBER 18, 2024

Should appraisal practice go back to original historical principles? Is the appraisal “body of knowledge” now well established — and finally in place? Modern methods include artificial intelligence, data science, and critical thinking processes needed to supplement […] The post Appraisal Back to the Future?

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Housing Wire

JULY 11, 2024

The efficiency and reliability of property appraisals are the linchpin to the success of a steady flow of mortgage transactions. Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process.

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Housing Wire

JULY 15, 2024

Department of Housing and Urban Development (HUD) announced on Monday that it has charged lender Rocket Mortgage , two appraisal companies and one appraiser with allegedly issuing a biased valuation and denying a refinance loan to a Black homeowner in Denver. That was not the practice for appraisals with white owners, HUD stated.

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Housing Wire

SEPTEMBER 19, 2023

One of the final hurdles to clear is the appraisal , and it has the power to leave a deal dead in the water. What is a real estate appraisal? A real estate appraisal is the assessment of a property’s value. Appraisals are required for homes financed with any type of mortgage. Why are appraisals important?

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Sacramento Appraisal Blog

MARCH 27, 2024

It’s been a heated week of conversation in light of the NAR lawsuit, and one part that feels misunderstood or even controversial is how appraisers might handle concessions ahead. first appeared on Sacramento Appraisal Blog. first appeared on Sacramento Appraisal Blog. Let’s talk about it. Any thoughts?

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Housing Wire

JUNE 22, 2023

Appraisal Insights , an appraisal education company committed to eradicating bias, announced its official launch this week. The goal is to quip key stakeholders and decision-makers in the housing industry with the knowledge necessary for preventing bias and enhancing the quality and integrity of real estate appraisals.

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Appraisal Buzz

JUNE 19, 2024

This week, host Hal Humphreys sits down with Kharon Brown, Certified Residential Appraiser and Vice President of Recruitment at RSDS. RSDS is one of the industry leaders in bringing new people into the appraisal field. You won’t want to miss it. Subscribe and turn on notifications to catch our episode premieres every Wednesday!

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Housing Wire

OCTOBER 1, 2022

If discrimination is committed by appraisers – as the news headlines would suggest – fellow appraisers and real estate agents say they rarely witness or experience it. Another issue with appraiser competency could be appraisers’ apparent lack of familiarity with valuation tools.

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Appraisal Buzz

APRIL 22, 2024

Here’s the kicker: you’ve got to be a decent appraiser to even get a shot at bidding. There are many, many other ways to make a living as an appraiser (and even as an appraiser who mainly does lender work). I often see appraisers post potential bids on social media and say something like “Can you believe this crap?

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Housing Wire

SEPTEMBER 13, 2023

The Appraisal Institute , the nation’s largest professional association of real estate appraisers, has launched a new program to increase the ranks of veteran and minority appraisers. With the AI PAREA program, participants can appraise properties virtually with one-on-one guidance from a mentor to become credentialed.

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Appraiserblogs

SEPTEMBER 18, 2024

Ultimately, the United Appraisers Network would represent a bold and progressive alternative to the Appraisal Institute… The recent firing of Cindy Chance, the CEO of the Appraisal Institute (AI), has ignited widespread outrage and a profound sense of distrust among appraisers nationwide.

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Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. Everybody is affected by the appraisal process. SW: How is technology changing appraisals?

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Housing Wire

JULY 11, 2024

The Appraisal Foundation , a private organization that is the de facto regulator of appraisers , has settled with the United States Department of Housing and Urban Development (HUD) over allegations that its qualification program violated the Fair Housing Act. White and 0.6% White and 0.6%

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Housing Wire

JULY 7, 2023

Nationwide Property and Appraisal Services LLC (NPAS), led by Sri Velamati and one of the largest appraisal management companies in the U.S., announced that it has acquired Integrity Appraisal Management (Integrity), a regional AMC based in Houston, TX.

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George Dell

MAY 1, 2024

Will there be a need for traditional “appraisal” in 5 years? Some 25 years ago, I was education chair for my Appraisal Institute Chapter. Our ‘custom’ seminar considered the topic of technology replacing appraisers. The conclusion was, especially for residential appraisal, that AVMs would take a great market share.

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Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. Mortgage lending work is only one type of business where appraisals are needed.

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Housing Wire

NOVEMBER 9, 2023

CoreLogic announced on Thursday the launch of “ScanToSketch,” an augmented reality (AR)-based property measuring and sketching tool to create home appraisal reports. Developed using CoreLogic’s appraisal software brand “a la mode,” the tool has been used to complete roughly 20,000 property sketches.

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Housing Wire

NOVEMBER 30, 2023

Editor in Chief Sarah Wheeler sat down with Kenon Chen, executive vice president of strategy and growth at Clear Capital , to talk about appraisal modernization and how technology is just part of the solution. SW: How are appraisers adapting to some of these challenges, including new rules on valuations from the GSEs?

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Appraisal Buzz

JULY 24, 2024

Blair sheds light on the Appraiser Relief Fund, as well as the George Harrison Scholarship Fund, how these funds came into existence, and their transformative effects on individuals entering the appraisal industry. Join us as we explore initiatives driving the appraisal industry forward, and the events shaping its future.

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Housing Wire

JULY 7, 2023

Nationwide Property and Appraisal Services LLC (NPAS), led by Sri Velamati and one of the largest appraisal management companies in the U.S., announced that it has acquired Integrity Appraisal Management (Integrity), a regional AMC based in Houston, TX.

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Sacramento Appraisal Blog

JANUARY 16, 2023

How are appraisers handling concessions to the buyer? Could a seller credit damage the chance of appraising at the purchase contract? The post How are appraisers handling concessions? first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

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