Appraisal Today

APRIL 19, 2024

For too long, appraisers have faced sweeping claims that their valuations are biased against certain groups, despite appraisers’ ethical standards, rigorous training, and lack of financial stake in transactions. Private Money Lending – fast turn times, high fees. Their role is to provide impartial, data-driven opinions of value.

Appraisal 68

Appraisal Contracts Valuation Design 68

Walitt Solutions

JULY 28, 2019

During my presentation, I reviewed with the audience a number of appraisal scenarios that have been common practice for decades – often in spaces outside of first mortgage lending. Are these “other” inspection-and-valuation processes appropriate for lending? But is this so-called “new” process really new at all?

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Appraisal Inspection Valuation Lending 28

Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = They can tell their clients that their data collectors are qualified, as compared with their competitors.

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Appraisal Business Contracts Real Estate 52

Appraisal Today

FEBRUARY 24, 2023

Even the larger appraisal firms (with deep pockets) who’ve spent the last few years aggressively training and recruiting appraisers, acquiring small appraisal firms, and rolling up their competitors have rapidly changed their tone. AMCs had taken over the mortgage-lending work. Budget cuts. Retraction.

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Appraisal Architecture Valuation Business 52

Appraisal Today

FEBRUARY 16, 2024

Never use a lending form (such as a 1004) for estate work. Get the relevant date of value from the client or client’s attorney. If an executor of an estate is hiring you, for example, just say the executor is your client and only intended user (add the IRS if it’s relevant). Yes, appraisers do this.

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Appraisal Contracts Training Architecture 81

Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference.

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Appraisal Modernization Training Business 70

Housing Wire

JUNE 28, 2021

But DeZarn was an independent contractor business of one, and he lost his clients in 2008 when the housing market imploded. A variation of the conduct code was inserted into the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, and the modern AMC was off and running. You start becoming trained to look in a different way.

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Appraisal Valuation Business Contracts 410

Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B AI has to be trained on good data. billion tax fraud scheme. Right now, nothing compares to it.”

Easement 52

Easement Contracts Appraisal Inspection 52

Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. Kenon Chen. Jeff Allen. Kenon Chen.

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Sellers Agents Real Estate Buyers 69

Clear Capital

DECEMBER 14, 2021

But then she now is part of a pretty amazing startup, focusing on revolutionizing the lending experience — being a digital lender — called Tomo. But when it comes to buying a home, the part that is the worst, that is the train wreck of the home transaction is by far mortgage. And we want to hear more about that.

Real Estate 69

Real Estate Mortgage Agents Business 69

Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. Get the relevant date of value from the client or client’s attorney. Excerpts: 2.

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Reconsideration of Value Appraisal Clients Contracts 52

Appraisal Today

MAY 27, 2022

NOTE: Please scroll down to read the other topics in this long blog post on VA appraisals, appraisal modernization, eliminate VA panel, unusual homes, mortgage origination stats, etc. The market changing again with increasing interest rates, in the inevitable ups and downs of mortgage lending. Mortgage lending from the 1870s to today.

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Construction Appraisal Modernization Contracts 52