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What is a Hybrid Appraisal?

Robinson Appraisal Group

It is a shorter appraisal form than the traditional appraisal and is performed by an appraiser who typically never visits the property. The hybrid appraisal is designed so the appraiser can complete the valuation in 30–60 minutes. Some hybrid appraisals have an exterior only inspection, while others include an interior inspection.

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2024 USPAP For Appraisers

Appraisal Today

As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. Fannie Mae sees the appraisal process as “inspection + value.”