Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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Appraisal Buzz

JULY 26, 2021

The Urban Institute recently released a blog post entitled – Increasing Diversity in the Appraisal Profession Combined with Short-Term Solutions Can Help Address Valuation Bias for Homeowners of Color. The article accurately notes the lack of diversity in the appraisal profession. through the family business, b.

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Appraiserblogs

APRIL 25, 2023

Here’s a great take on the difference between Certified Appraisers vs. Unlicensed Data Collectors by Leigh Brown, President of the NC Association of REALTORS. Fannie Mae has been working hard to get rid of appraisers for years. Their latest twist is to re-categorize many appraisers as “Unlicensed Data Collectors.”

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Appraiserblogs

FEBRUARY 1, 2022

Fannie Mae’s sweeping new national condominium regulations… Appraisers, Fannie Mae has changed inspection and reporting requirements for Condominiums, effective January 1, 2022. The article titled “How can appraisers evaluate aging condos without docs?” AMC Sucker Punches Appraisers Class Valuation sucker punches appraisers!

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Cleveland Appraisal Blog

MAY 12, 2022

Then I began to see their videos as well as videos of fellow appraisers who have posted things about this service. I am a huge fan of using technology when appraising properties. And I remember the first time I started using a digital camera instead of a 35mm camera to take pictures during my inspections. Remember them?

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Appraisal Today

MARCH 15, 2024

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. Well written.

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Boston Appraisal

OCTOBER 8, 2022

In recent years, it has become common for lenders to obtain hybrid appraisals. While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. This cost can be measured in terms of dollars spent on an appraisal or the time required to produce a full appraisal report.

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Appraisal Hub

MAY 5, 2024

As a seasoned appraiser in the vibrant real estate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents.

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Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Appraiserblogs

JANUARY 24, 2023

The lender allowed an unlicensed property data collector give bad data to the appraiser… I work for this lender and they will not let my trainee inspect. They put an appraisal waiver in the contract which meant they could not walk away if the. The owners are now underwater by more than $100,000… I’m sad and I’m mad!

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Appraiserblogs

OCTOBER 21, 2021

The desktop appraisals are not necessarily more reliable, which could become an adverse issue for appraisers in the future… Appraisers, we learned about this late on Monday, Oct. the desktop appraisals) put in place for appraisers after COVID-19 hit, have ended. 18, 2021: Sandra L.

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Appraiserblogs

AUGUST 12, 2021

The current administration is addressing the lack of diversity in housing valuation head-on with the formation of an interagency task force on Property Appraisal and Valuation Equity (PAVE). Incidentally, The Appraisal Foundation is not part of PAVE Task Force. Here are the details of the PAVE Task Force.

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Genworth MI Blog

JULY 13, 2023

Prospective borrowers, especially first-time homebuyers, need to be ready for what they’ll encounter during the homebuying process, including home appraisals. This is true for appraisals, too. Recent trends are surfacing, and more instances of hybrid appraisals are changing how appraisals are conducted.

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Birmingham Appraisal

AUGUST 23, 2023

How Can Appraisers and Agents Work Together? In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. There are many areas that appraisers and agents can inform and educate one another so that each of their jobs is done more successfully.

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Appraiserblogs

APRIL 19, 2023

This program allows for the collection of data related to real estate appraisals by unlicensed third-party data collectors, which is in direct violation of article 38 of the state’s Real Estate Appraiser Licensing and Certification Act. THE REAL ESTATE APPRAISER. ARTICLE 38.

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Appraiserblogs

MARCH 8, 2023

Appraisers, something – comparing and contrasting – dawned on me last week, after reading another news release titled “Dean Kelker: Appraisal Modernization is Starting to Gain Momentum“, which is basically pushing an “Enterprise” singular ‘agenda’ of valuation speed regardless of accuracy. Under the banner of “modernization.”

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AmeriMac

JUNE 28, 2023

In recent times, alternative valuation products have emerged as a popular solution that investors can use to gain insights into the worth of their assets. Alternative valuation products offer a unique way to determine property value. While AVMs estimate the value of a property, they don’t consider nuances like property condition.

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Appraiserblogs

JUNE 27, 2023

By foregoing contingencies such as home inspections and appraisals altogether, mortgage lenders risk violating their fiduciary duty – which is supposed to prioritize the interests of the borrower above all else. appeared on Appraisers Blogs. After all, who doesn’t want to close more deals in less time?

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Birmingham Appraisal

SEPTEMBER 15, 2022

What New Homebuyers Need To Know About Appraisals. In this new homebuyer’s guide to appraisals, I’ll help you understand the process during your first home purchase. I would like to do my part by informing and educating you on the appraisal part of the transaction. What is a Mortgage Appraisal?

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Clear Capital

SEPTEMBER 13, 2023

This is the third post in our blog series about appraisal waiver programs. As mortgage underwriters, you understand that a timely appraisal is paramount to a smooth loan approval process. But what if you could skip a traditional appraisal entirely? What is an appraisal waiver? Check out part one and part two.

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Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. How Do I Get Ready for the Appraisal on My House?

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Genworth MI Blog

AUGUST 15, 2019

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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Genworth MI Blog

AUGUST 15, 2019

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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AmeriMac

NOVEMBER 15, 2023

If you are a lender or a borrower, you might be familiar with the valuation options available through Freddie Mac. ACE + PDR stands for Automated Collateral Evaluation and Property Inspection Waiver with Power of Attorney (ACE + PDR). So buckle up as we dive deeper into this valuation option offered by Freddie Mac.

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Cleveland Appraisal Blog

JUNE 9, 2023

I am behind on my blogging for June. Inspect your property regularly for openings, and seal them with caulk or weatherstripping as needed. And thank you dear reader for visiting the Cleveland Appraisal Blog! I hope you’re having a great summer! This week, I welcome back Ashley Rodriguez. I hope you find them useful!

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Premier Home Appraisal Blog

MAY 30, 2023

My home appraisal saved me money! That's where our home appraisal for PMI removal comes in. By getting a PMI removal appraisal and showing that your home has increased in value, you can show that you have the required equity to SAVE MONEY! This is where the appraisal process comes in.

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AmeriMac

JUNE 14, 2023

If you’re in the market to buy or sell a property, you’re likely familiar with appraisals. They are a crucial step in determining the value of a property, and desktop appraisals have recently gained popularity as an alternative to traditional appraisals. What Is A Desktop Appraisal?

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Cleveland Appraisal Blog

JANUARY 21, 2021

When performing an appraisal observation, appraisers must look for settlement issues and report on them. Appraisers are not qualified to make these determinations. So, we will call for an qualified professional to inspect the situation to see what, if anything, needs to be done. Settlement cracks! Yes indeed!

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Town & Country Residential Appraisals

APRIL 10, 2023

Fannie Mae recently announced in their recent Selling Guide (SEL-2023-02) update that “as part of the valuation modernization” they are transitioning to a “range of options to establish a property’s market value”. It is then the lender who confirms based on this information if the property is eligible and an appraisal is not required.

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McKissock

JANUARY 6, 2023

How about one for you and your appraisal business? Most of us are fee appraisers who work independently. Our opportunity is time—it’s time to take stock of where we are and perhaps consider diversification or an alternative appraisal career. Here are a few ideas for transforming your appraisal career in 2023.

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AmeriMac

MAY 10, 2023

In the world of property transactions, appraisal reviews play a vital role in ensuring accurate property valuation. But what exactly is an appraisal review, and why is it so important? We will also discuss common issues that arise during the appraisal review process and the benefits of conducting a quality appraisal review.

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AmeriMac

NOVEMBER 30, 2023

Commercial Real Estate Appraisal is a crucial process that helps determine the value of commercial properties. In this blog, we will take you through everything you need about commercial real estate appraisal, from defining the term and understanding its importance to exploring the different types of commercial properties that are appraised.

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Raleigh Realty

FEBRUARY 19, 2022

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? Now it's time for the home appraisal. But before you do there's one last factor to consider: the home appraisal. Here's what you need to know about home appraisals so that you come prepared.

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Appraisal Today

AUGUST 18, 2023

7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon is very well-liked among appraisal professionals, making it number one on our list of must-have apps for appraisers. Genius Scan This app gets a lot of love from appraisers. Dragon has been around a long time and is popular with commercial appraisers.

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McKissock

DECEMBER 1, 2020

There are many articles, blogs, and opinion papers that either support or reject bifurcated and hybrid appraisals, which contributes to a great deal of confusion. Here at McKissock Learning, we do not support any position regarding bifurcated and hybrid appraisals. What is a bifurcated appraisal?

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East Coast Appraisal

JULY 7, 2022

property appraisal is essential in the real estate industry. This blog will discuss specific errors that may impact the valuation process and which should be avoided during property appraisal. . Do not provide false information to sway the appraisal's outcome. Misinterpreting the Appraisal Process.

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