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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession? Many stakeholders in the profession have given their opinions on what that means.

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The risks and benefits of non-traditional appraisal methods

Housing Wire

Over the years the real estate appraisal workforce has experienced a shortage and has fallen behind to attract new entrants to replace those retiring due to high barriers of entry such as training, cost, and licensure regulations. HW: How does ValueLink technology modernize the appraisal practices?

Appraisal 392
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1004 Desktop appraisals: A monumental step forward for appraisal modernization

Clear Capital

Over the past few years, leading companies from across the industry have modernized and transformed how appraisals are manufactured to streamline the lending process and improve the borrower’s experience. Today’s Selling Guide update for 1004 Desktop appraisals signal the industry-wide adoption of modern appraisal methodologies.

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How to Become a Supervisory Appraiser

McKissock

property inspections), or prepare for retirement. Whatever the reason, supervisors play an essential role in the training and development of future appraisers. Step 3: Hire the right trainee It’s no secret that it takes time and energy to train future appraisers. Find the Supervisor-Trainee course in your state.

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Race and the Property Valuation Industry

Appraisal Buzz

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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Overhauling the Appraisal Process

DataMaster

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. Shared Concerns.

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Valuation Options for ACE + PDR Freddie Mac Eligible Loans

AmeriMac

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.