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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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Veros acquires appraisal management company Valligent

Housing Wire

Its bend toward digital valuation services comes during a time of growing acceptance by Fannie Mae , Freddie Mac and the VA to use desktop appraisals and hybrid appraisals. Both are alternatives to the traditional appraisal, and potentially reduce the amount of time an appraiser spends driving to and performing an on-site inspection.

Appraisal 371
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How Today’s Market Impacts the Appraisals and Inspections Landscape

Genworth MI Blog

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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What tech leaders think about AI, cybersecurity and what’s next

Housing Wire

On the right tech mindset: Adam Carmel, Polly CEO : “When I was in lending, I think I always overestimated the impact technology or software, or more importantly, a switch in technology, would have on our business in the first six months or a year, and the difficulty in transitioning. But it’s weird.

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Working with buyers in the nation’s hottest housing market

Housing Wire

Richardson also noted that there have been fewer property inspection waivers issued by Fannie Mae in the last several months, keeping appraisers, inspectors and others in valuation very busy. Either way, it puts the squeeze on property valuation.

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The “Science” Behind Residential vs. Commercial Real Estate Appraisal

Appraisal Hub

Real estate appraisal, whether residential or commercial, is a critical component in the valuation of property assets. Commercial Appraisals, on the other hand, delve into properties used for business purposes, including office buildings, retail shops, industrial sites, farm, and apartment complexes with five or more units.

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How To Appraise Rural Properties

Appraisal Today

Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. You can expand your area to include rural appraisals to get more business. It is not hard to learn the valuation factors. Another reason for upgrading!