Housing Wire

JUNE 9, 2021

As the appraisal industry struggles to meet demand, Voxtur has developed a solution to streamline the process. HousingWire: What can the industry at large do to support the work of appraisers right now? HousingWire: What can the industry at large do to support the work of appraisers right now? This is misguided.

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Appraisal Buzz

APRIL 1, 2022

As a real estate appraiser, you strive for efficiency in your process and in your business. There are many technology tools available to make your workflow faster and smoother. The post What Appraisal Software Tools Are You Most Interested in Learning? appeared first on Appraisal Buzz.

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Appraisal Buzz

JUNE 14, 2021

Fannie and Freddie are slowly rolling back some of the COVID-era regulations that have facilitated getting appraisals done during the pandemic. Appraisers are starting to get one-off requests from Fannie and Freddie for more information and an interior inspection, even though the property already had a COVID-alternative accepted.

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George Dell

MAY 24, 2023

It requires the appraiser’s experience, judgment, and knowledge. It gives better results faster. Therefore it requires competence beyond old legacy appraisal “procedures.” Evidence Based Valuation – EBV © is the future for valuation professionals. It is not hard, just new. EBV generates more than a point value opinion.

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Housing Wire

FEBRUARY 28, 2023

“At Better, our mission is to make homeownership cheaper, faster and easier for all Americans,” Better CEO and founder Vishal Garg said. Nick Taylor, head of real estate at Better, said that the companies have been in talks about the product since mid-2022.

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Appraisal Buzz

MARCH 28, 2024

“Home prices rising faster than income growth is not healthy and adds challenges for first-time buyers.” Percent in February appeared first on Appraisal Buzz. There will be a steady rise in inventory from recent growth in home building,” Yun adds.

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Housing Wire

FEBRUARY 13, 2024

Also, greater reliance is placed on the appraisal of the property to ensure that the value is sound. Additionally, there may be some extra requirements on either the review of the appraisal or the borrowers’ credit history. This leads to a better overall experience for the customer.

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Appraisal Buzz

FEBRUARY 3, 2022

Pennymac’s access to FinDecision’s dual Automated Underwriting Systems (AUS) functionality and other core processes provides the company an additional tool to yield better, faster decisioning. The post Tavant FinDecision, PennyMac Integrate Digital Solutions for Brokers appeared first on Appraisal Buzz.

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Housing Wire

DECEMBER 7, 2021

Fortunately, many of the tech solutions that were born out of the pandemic are here to stay, including desktop appraisals which the Federal Housing Finance Agency recently announced will become permanent. . “On With desktop appraisals now a permanent option, we should expect to see some of the traditional pressure on turn times alleviated.

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Housing Wire

OCTOBER 4, 2023

HousingWire recently spoke to Chris McLain, division president of Valuations for Consolidated Analytics , about the current appraisals market, AI innovation in valuations and valuation products for HELOCs and second-lien mortgages. HousingWire: How is the market for appraisals changing in 2024? Then we did more of the same.

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Housing Wire

AUGUST 23, 2022

Desktop appraisals became a permanent option for certain loans earlier this year. HousingWire recently spoke with Kenon Chen, Executive Vice President of Corporate Strategy at Clear Capital, about desktop appraisal adoption and appraisal modernization. How willing are appraisers to adopt desktop and hybrid appraisals?

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Housing Wire

MARCH 21, 2023

Lender and appraisal management companies and other property data collection companies can now use Black Knight ‘s Scout mobile property inspection as part of the value acceptance plus property data process. I think that not only drives this program, but paves the way for a better appraisal process when an appraisal is needed.”

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Housing Wire

FEBRUARY 12, 2024

Do they want to pay off their mortgage faster? Once you have a better grasp on their goals and financial situation, you can make a recommendation and work through the best option together. This borrower wants to pay off their mortgage faster. Before joining UWM, he was CEO of Class Appraisal.

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Appraiserblogs

JANUARY 2, 2024

The Elephant I refer to is simply this: Fannie Mae’s modernization program is going to put a lot of appraisers out of business. It’s all about better, faster, cheaper, appraisals (with lots more data) for lenders. As an appraiser, all I see are sticks… no carrots. It’s all “lender centric”. The AMC fee was $394.

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Housing Wire

MAY 2, 2021

First American continues to innovate its valuation business by delivering instant access to property data; improving collaboration among appraisers, appraisal management staff and lenders; and implementing cutting-edge quality assurance tools.

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Housing Wire

JUNE 11, 2021

To remain competitive and create a better experience in this purchase environment, brokers need one thing above all: Speed. Fast, fee-guaranteed appraisals. Continuing in the theme of closing loans faster, Rocket Pro TPO has also recently launched an appraisal fee guarantee for its broker partners. It’s been great.

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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. It’s moving so much faster than ever before. SW: How is technology changing appraisals?

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Appraisal Buzz

JUNE 27, 2022

Class Valuation, McKissock, and DataMaster are hosting a Free webinar on “ Staying Relevant in the Appraisal Industry ” June 28th at 2 pm with Mel Black, Matt Simmons, Jared Preisler, and Lamar Ellis. Buzz: What is your background in the appraisal industry? Buzz: What are some of the ways appraisers have evolved with new tech?

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Appraisal Buzz

DECEMBER 6, 2021

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand. According to the Appraiser Institute , more than 10,000 appraisers have left the industry since 2013. AMCs Driving Tech Innovation .

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Appraisal Buzz

FEBRUARY 28, 2022

Before we discuss the impact of technology on the future of appraisal data, it’s good to get a historical perspective. Forty years ago, appraisers were storing property data on Property Cards. Twenty years ago, (the 2000s) saw the internet bubble burst, but also the introduction of faster communications and new companies like Zillow.

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Birmingham Appraisal

FEBRUARY 8, 2023

All Appraisals Are Not The Same All appraisals are the same, right? Not really, and today I’m going to explain the differences between several different types of appraisals that could mean the difference between a home appraising for contract price or not.

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The Appraiser Coach

JULY 4, 2023

He flew past me, followed almost immediately by a second officer, going much faster than the posted speed limit. As I pondered questions like these, I came to the conclusion that, as always, I could do better. Was I actually focusing on the things that are most important? Life is about the moments with your loved ones.

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Housing Wire

MAY 26, 2021

Joe Tyrrell, ICE president, said the recent findings align with the company’s 2020 Borrower and Lender Insights Survey, which noted that digital mortgage technologies are making closing a mortgage loan “faster and easier.” Purchase mortgages on average took 49 days to close in April.

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Housing Wire

FEBRUARY 9, 2021

Smart, ambitious, well-meaning entrepreneurs have prototyped ways to make buying homes easier and faster; to get rid of unnecessary fees; to dispel the uncertainty around closing; to give industry professionals better tools and services; and to generally eliminate any other “sticky spots” in the transaction. Navigate regulations.

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Housing Wire

MAY 2, 2021

There’s no denying the complexity of the appraisal process. With so many people involved – including the appraisal desk, loan operations, loan officers, underwriters, the IT/product team, borrowers and appraisal vendors – there’s room for error that could negatively impact the home buying experience.

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Housing Wire

JULY 26, 2021

New entrants continue to join the market with better technology and digital processes to simplify the loan process and provide fast closing experiences to meet consumer needs. As the refi-crunch subsides and homebuyers are increasingly competing against faster all-cash offers, speed once again is center stage.

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Housing Wire

MAY 20, 2022

Today, homes are selling faster than usual because of the shortage of inventory and high buyer demand. A professional appraiser or real estate agent can help you figure out how much to list your home for. Livability – Homes that are ready to be moved into immediately may sell faster than homes that need work.

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Housing Wire

SEPTEMBER 13, 2022

A floor plan can give a seller a much more accurate sense of their property’s square footage, as well as a sense of how that might impact its marketability or the appraisal process. If we can change the market so that buyers start to expect it, then the whole market will win, because buyers will be better informed,” Allen said.

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Housing Wire

OCTOBER 12, 2021

At each stage of the buying process, there are multiple siloed transactions, from appraisals, inspections and settlements to mortgage payments and homeowners’ insurance. to remember that automating a bad process only streamlines the bad results faster. However, it’s important.

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Appraisal Buzz

SEPTEMBER 12, 2022

What should appraisers know about the state of the iBuying market? Faster transactions are conducted in the process. The benefit of the traditional home buying and selling model, including the role of a trusted appraiser, is good service and accurate and appropriate pricing. Here’s an overview of current trends.

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Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. The problem with private money lenders is that good ones are hard to come by. Escrow officers and title agents.

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Housing Wire

FEBRUARY 28, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. The heightened demand has put a strain on Annapolis’ already tight housing inventory, causing properties that would have previously held narrow appeal to go faster than expected. “I Annapolis, Maryland.

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Appraisal Buzz

JANUARY 17, 2022

Things may be taking a turn for the better in 2022, though. Additive manufacturing is better for the environment than traditional construction, and it’s also faster. The post New Home Construction Expectations for 2022 appeared first on Appraisal Buzz. Demand for New Homes Will Stay High.

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Cleveland Appraisal Blog

APRIL 15, 2021

Check out these resources from Cleveland Appraisal Blog regarding virtual tools for all of your real estate needs! Thanks again to Jessica Brody for writing this article for Cleveland Appraisal Blog! . You can also listen right here at Cleveland Appraisal Blog! I am a member of the National Association of Appraisers.

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Housing Wire

NOVEMBER 9, 2022

Typically, a home equity loan amount can be 80-90% of the property’s appraised value. If the borrower is unsure exactly how much they need to borrow or when they’ll need to use it, a HELOC may be the better choice. HELOCs also generally process slightly faster than a home equity loan, if the borrower needs money more quickly.

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Mortgage Marketing Appraisal 531

Clear Capital

MAY 7, 2021

The modern appraisal embraces data and technology to gather data differently. Collecting data in a non-biased, standardized format helps decrease the systemic racial bias found in appraisals. The post “How digitizing appraisal inspections can reduce risk and bias” tech talk appeared first on ClearCapital.com, Inc.

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Birmingham Appraisal

AUGUST 8, 2023

What are the Benefits of Getting a Pre-Listing Appraisal? Well, here’s a secret tip that can give you a competitive edge in the real estate market: Consider getting a pre-listing appraisal before putting your home up for sale. With a pre-listing appraisal, you gain a solid foundation for negotiation.

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