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Hybrid Appraisals and the Associated Risks

Boston Appraisal

Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

Appraisal 135
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What is the Buyer’s Inspection Advisory? 

CA Realty Training

The Buyer’s Inspection Advisory (BIA) is a disclosure that is included with the Residential Purchase Agreement (RPA) when you make an offer on a home. Simply put, it is advising the buyer to have a professional inspect the property. Disclosures are designed to inform and protect the parties entering into an agreement.

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Race and the Property Valuation Industry

Appraisal Buzz

Only the wife was at home to greet the appraiser when they arrived to inspect her home. However, the husband and wife in this article are not valuation professionals. These color codes were designed to indicate where it was safe to insure mortgages. The wife is African American, and her husband is white. Perception.

Valuation 370
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Hybrid Appraisals and the Associated Risks

Boston Appraisal

Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. To me, the big issue is who is doing the inspections. They included appraisers, real estate agents, and someone with a week, a month, or online video training. Most of the inspection training we receive as appraisers happens in the field.

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Hybrid Appraisals and the Associated Risks

Boston Appraisal

Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

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Savvy real estate agents look beyond ChatGPT

Housing Wire

In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. It is trained on text data and learns to identify patterns from that data to generate human-like text responses. The good news is that the early adopters will thrive.