Housing Wire

MARCH 23, 2021

This scarcity catapulted appraisal costs and cycle-times running into three to four weeks in many cases and highlighted the growing need for appraisal modernization, including technological and data-driven solutions and other appraisal alternatives. HW: How does ValueLink technology modernize the appraisal practices?

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Clear Capital

AUGUST 30, 2023

Direct integrations such as AURA equip our customers with market-leading solutions today, and position them for the appraisal and valuation modernization changes being implemented by the agencies.”

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Housing Wire

JANUARY 25, 2022

We could soon be in a position where the majority of home inspections (including measurements, photos, etc.) For lenders who currently utilize a modern appraisal platform, they are looking to enhance the amount of communication between their LOS/POS and their AMS. The second are streamlined integrations.

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Technology Appraisal Modernization Valuation 338

Housing Wire

MAY 31, 2021

Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery. SCOUT enables remote property inspections, which has been critical during the COVID-19 pandemic,” Black Knight CEO Anthony Jabbour said.

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Inspection Valuation Real Estate Real Estate Agent 196

Appraisal Buzz

MAY 6, 2024

Couple that with the new Florida regulation requiring HOAs to maintain reserve funds for future expenses related to maintenance and inspections, and it’s no surprise that HOA dues are soaring. ICON, an Austin based firm, has developed a 3D printed wall system.

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Appraisal Buzz

JUNE 27, 2022

Over the past 10 years my focus has been on developing new lines of business and ways to bring the skills we possess as valuation experts to markets outside of just lending and bank work and beyond the four walls of ‘appraisal practice.’ I remember using a 35 mm camera and having to get my pictures developed.

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Housing Wire

JANUARY 31, 2021

The company recently launched ClearLabs, an in-house research and development group that works alongside industry leaders and government-sponsored enterprises (GSEs) to continually build on what’s possible in compliant real estate valuation and analytics. Duane Andrews, CEO. Kenon Chen, Executive Vice President, Corporate Strategy.

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Appraisal Buzz

AUGUST 15, 2022

Mark: I have 13 years in the AMC industry working with mid-sized and large mortgage lenders performing operations, vendor management, and business development at the C-Level. Buzz: What is your background in the industry?

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Clear Capital

APRIL 24, 2024

During his tenure, he has played an instrumental role in Clear Capital’s work alongside Fannie Mae and Freddie Mac to refine and modernize the appraisal process. Dan has masterfully taken on the responsibility of developing Clear Capital’s products and displays exceptional management of his teams to meet the needs of the industry.

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Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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Appraisal Buzz

MARCH 28, 2022

Review the methods on how you develop and record field measurements to ensure you are obtaining the required information to properly calculate and report when completing your appraisal assignments. Appraiser Responsibility. What to do Now – Assess Your Risk. If you have not already done so, purchase a copy of the ANSI standard.

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Appraisal Tools Clients Technology 370

Will Springer Realtor

APRIL 23, 2024

Developed by the Environmental Protection Agency (EPA), Energy Star is the most widely recognized rating and informs people about the energy use of their favorite appliances and devices. This certification considers air quality, noise pollution, energy savings, materials and other factors in developing a universally recognized rating system.

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Construction Land Management Development Design 36

Lamacchia Realty

OCTOBER 6, 2021

They will come out and do an inspection prior to coverage, but the inspection is free of charge. The Department of Housing and Urban Development (HUD) states that home appraisers should examine the electrical box to ensure there are no broken or frayed wires. Financing a Home with Knob and Tube Wiring.

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Appraisal Buzz

MAY 31, 2021

Only the wife was at home to greet the appraiser when they arrived to inspect her home. The term “redlining” comes from the development by the New Deal by the federal government of maps of every major metropolitan area in the country. A husband and wife requested a bank appraisal to refinance their Jacksonville, Florida home.

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Valuation Appraisal Real Estate Insurance 370

McKissock

MARCH 17, 2023

property inspections), or prepare for retirement. Whatever the reason, supervisors play an essential role in the training and development of future appraisers. For example, you might want to hire a tech-savvy trainee who can help you modernize your process, or a trainee with marketing experience who can help bring in more clients.

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Cleveland Appraisal Blog

JANUARY 21, 2021

Cracks develop when stress upon a dwelling exceeds its strength. So, we will call for an qualified professional to inspect the situation to see what, if anything, needs to be done. Remember, if you develop a crack, on your house that is, do not panic! Modernized Bias – and Opinion? There are many potential causes.

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Appraisal Inspection Real Estate Market Value 233

Eppraisal

MARCH 28, 2023

Most new houses are protected by warranties issued by the builder or developer. All inspections are complete and the structure is code-approved. " There is no waiting for completion, inspection or certificate of occupancy. There is no surrounding construction and development going on. Competition is fierce.

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Clear Capital

FEBRUARY 21, 2024

By reducing the volume of required data, UDC streamlines the collection process for inspection-based valuation and delivers UPD-compliant data, removing complexities and making property data collection review and underwriting easier and more efficient for mortgage lenders.

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Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. A desktop appraisal , also known as an appraisal without an onsite inspection, is a faster way to complete an appraisal for a home loan. But what is a desktop appraisal, how does it work, and how does it compare to a full appraisal? What is a desktop appraisal?

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DataMaster

FEBRUARY 3, 2021

The RFI contains 4 components: The Uniform Appraisal Dataset (UAD) and the design of appraisal forms Automated Valuation Models (AVMs) and appraisal waivers Valuation differences by borrower and neighborhood ethnic makeup Appraisal modernization. Appraisal Modernization. The Detractors. Some disagree with the overhaul.

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Cleveland Appraisal Blog

FEBRUARY 17, 2021

Especially if the repairs are on the interior since assessor’s usually do not make interior inspections. I explained why a full interior inspection is better. But they insisted on not having an interior inspection made. Modernization Part VIII: Of Coarse? The assessor may not be aware of these repairs.

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Clear Capital

DECEMBER 15, 2021

New technology furthers Clear Capital’s efforts to modernize the appraisal process. The technology was developed by Clear Capital’s data science team to further streamline the appraisal process and equip lenders with technology that powers low-risk, high-quality decisions.

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Appraisal Technology Appraisal Process Valuation 69

Will Springer Realtor

MARCH 10, 2023

Mari is developed by Bellevue-based Create World, the same company that built Mira Flats , a six-story condo that opened in 2018 next to the Mari site. This is one of three new homes available from local developer Crestline. 1-story, mid-century modern home with basement. List: $2.95M ($652/sq. It’s a 4-bed, 4.75-bath

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Appraisal Today

NOVEMBER 17, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Liability, Bias, reviewers with little experience, GSE modernization, unusual homes, mortgage origination stats, etc. acre lot A spectacular midcentury modern home, cantilevered 16 feet in the air, recently hit the market for $3 million in Oakland, CA.

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Appraisal Today

JANUARY 5, 2024

Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M It’s known as the “Modern Montauk Tree House,” the listing notes. Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Excerpts: 4 Bedrooms, 4.5 baths, 4,000 sq.ft., Chance to really irritate annoying real estate salespeople.

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Will Springer Realtor

JULY 20, 2021

There was a time not too long ago when almost all residential real estate transactions required face-to-face customer interaction with a real estate agent/broker and ancillary services such as title, escrow, mortgage and home inspection. Convenience. Efficiency. Partnering with Priority Home Lending , John L. and “Was it fair?”.

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GoForrmz

JUNE 20, 2022

Thanks to the modernization of every industry, and as technology advances, we will likely see the number of lone workers rise. As we continue to develop new ways of minimizing the workers required on a site, we’ll only see a rise in lone workers. . ” — EHSToday, citing a TrackPlus survey. Are Lone Workers a Necessity?

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Houston Properties

JULY 19, 2022

Home to some of the best townhomes in the Inner Loop, EaDo is also one of Houston’s most exciting neighborhoods thanks to great access to downtown and fantastic new development projects. East Downtown (EaDo) is a rapidly developing neighborhood adjacent to Downtown Houston. Guide to EaDo Townhomes for Sale. EaDo Schools.

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Appraisal Today

AUGUST 18, 2023

With the GSE appraisal modernization program, appraisers will more likely be asked to complete desktop or hybrid appraisal assignments in the future. This was the same process many of us underwent with the exterior-only (drive-by) inspections. For the property’s interior physical characteristics, we relied on other sources. .

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The Robert Weiler Company

MARCH 29, 2023

With regularly scheduled inspections, potential issues are discovered early on before it turns into an emergency. Ask for referrals from industry professionals, such as commercial real estate brokers, appraisers, developers, and investors. Lower maintenance expenses.

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Walitt Solutions

JULY 28, 2019

My talk focused on Property Inspections, which – to an outsider – might seem to be a straight-forward topic. So, with the changes in the first mortgage space, I asked the audience to consider several questions, when examining the varied face of property inspections that are currently in practice in the overall valuation profession.

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AmeriMac

NOVEMBER 15, 2023

ACE + PDR stands for Automated Collateral Evaluation and Property Inspection Waiver with Power of Attorney (ACE + PDR). Its Origin and Purpose Freddie Mac developed ACE + PDR as part of their appraisal modernization efforts, offering an appraisal waiver option for eligible purchase transactions.

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AmeriMac

JANUARY 3, 2022

They use information about these comparable homes to develop a fair value given the current conditions of the market. Note that this is an entirely separate process from something like a home inspection. A home inspection, on the other hand, is all about the functional quality of the home.

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AmeriMac

JANUARY 3, 2022

They use information about these comparable homes to develop a fair value given the current conditions of the market. Note that this is an entirely separate process from something like a home inspection. A home inspection, on the other hand, is all about the functional quality of the home.

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Housing Wire

MAY 2, 2022

From drive-through closings to drone-guided inspections, industry experts got creative to meet the growing demand for new homes for a surge of homebuyers and homeowners who wanted to take advantage of low interest rates. It’s incumbent on the appraiser to verify and determine they have accurate, reliable, credible information,” he said.

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The Robert Weiler Company

NOVEMBER 10, 2021

As you may remember, the young Jedi-to-be is seen inspecting with dismay his recently chartered flight, the Millennium Falcon, for a speedy trip to the planet Alderaan. Not only that, but you want those transit links to be modern, well funded, and in high use. Otherwise, the proximity to these transit connections would be useless.

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PennyMac

OCTOBER 10, 2023

They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report. Thoroughly inspect safety equipment like smoke alarms, carbon monoxide alarms and home security systems. Take note of any obvious damage or deferred maintenance that needs your attention.

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