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Progress now or perfect later: Improving the appraisal process

Housing Wire

I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. Another common theme is reducing the amount of subjectivity within the appraisal forms and data standard.

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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? You've found a home you love, put down an offer you're excited about, and the closing date is fast approaching. Now it's time for the home appraisal. We have you covered.

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Understanding The Reverse Mortgage Appraisal Process

AmeriMac

What is a Reverse Mortgage Appraisal? A reverse mortgage appraisal is an evaluation of a property’s value to determine how much money can be borrowed through a reverse mortgage. The appraisal is important because it helps lenders assess the risk associated with the reverse mortgage loan.

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Home Appraisals 101: 5 Things Appraisers Wish Sellers Knew

Realtor

Getty Images Home appraisals are a piece of the selling process where you may have to let go of the reins. Lenders often require the use of their own, FHA-approved home appraiser. Here are some things sellers can do—straight from the home appraisers’ mouths—to navigate the process of home appraisals.

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What Lessons to Take Into the Appraisal Industry Post-COVID-19

Appraisal Buzz

The appraisal industry — just like so many others — has taken all kinds of twists and turns over the past year. Whether you’re an appraiser or another industry professional who frequently works with appraisers, the changing nature of the industry is likely enough to make you feel a bit overwhelmed.

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What is the Role of Market Trends in a Real Estate Appraisal?

Birmingham Appraisal

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. A real estate appraisal is a process of determining the market value of a property.

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Opinion: A unified approach for reducing appraisal bias

Housing Wire

There is no single silver bullet that will rectify the pernicious impact of bias in residential real estate valuations — it is a complex problem that requires a multifaceted solution. First, we must acknowledge the impact that appraisal bias continues to have on minority homeowners and the broader housing system.

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