Appraisal Today
MARCH 15, 2024
It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. These modern labels are often heralded as a cure-all for the perceived inefficiencies and biases of traditional mortgage appraisal processes.
Birmingham Appraisal
APRIL 11, 2023
Typically, this area comprises homes that are similar in terms of age, quality, design, appeal, price range, school system, and transportation access points, among other factors. Appraisers will use the most recent sales available so it stands to reason that agents should do this as well.
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