Remove Clients Remove Modernization Remove Reconsideration of Value Remove Valuation
article thumbnail

The appraisal gap is complicating deals across the country

Housing Wire

It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. How hybrid title and valuations help increase lending efficiency. But the most important thing is educating clients from day one.

Appraisal 539
article thumbnail

A View on Risk: Desktop Appraisals

Appraisal Buzz

The markets perceived no additional risk in transactions where the appraiser signing off on the valuation of the collateral being utilized for a credit decision did not physically inspect the property. It will give the reader of the report, and the person who will be providing the valuation, a visualization of what exists. Conclusion.

Appraisal 435
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Find Comps With Few Sales

Appraisal Today

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. Allow the appraisers to speak directly to the lender/client, instead of going through the third-party agent. This will save time, especially when consumers request a Reconsideration of Value.

article thumbnail

NAN’s Steve Sussman on the company’s growth strategy

Housing Wire

SW: We hear a lot these days about appraisal modernization. What does appraisal modernization mean to you? But I think that it’s going to help solve a lot of problems both now and in future as we move toward more modern valuation methods. I don’t know that we’ve stumbled upon any magic bullet just yet.