Contracts Insurance Modernization Valuation 
Appraisal Buzz
JUNE 20, 2022
All the talk and attention given to appraisal modernization, appraisal waivers, desktop and hybrid appraisals contributes to anxiety. This might include assignment conditions, contracts, leases, income and expense data, subject property descriptions, and builder’s cost information.
Housing Wire
AUGUST 7, 2023
Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Lenders began to define the “trust model” of standards, contracts and shared services necessary to achieve cross industry interoperability.
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Housing Wire
JULY 12, 2022
Its appraisal modernization pilot, which used hybrid appraisals, showed an 18% point reduction in confirmation bias compared with traditional appraisals, which rely on human observations and, as such, potentially could be riddled with overt or subconscious bias. The seller accepts it; they go into contract. An offer comes in at 5 p.m.
Appraisal Today
MARCH 15, 2024
Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. It is not hard to learn the valuation factors. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.
Appraisal Today
SEPTEMBER 29, 2023
NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ Risk to Home Values.
Appraisal Today
FEBRUARY 9, 2024
An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. Common fears are that their insurer will increase their premium or decline to renew their policy.
Housing Wire
DECEMBER 20, 2021
The recent experience with state distribution of rental assistance and unemployment insurance is perhaps a preview of the challenges ahead. States, overwhelmed with claims and understaffed, also had problems paying unemployment insurance. Up to the task? 15 for state assistance have been paid to claimants.
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