Appraisal Buzz

FEBRUARY 7, 2022

Let’s take some time to reintroduce Desktop Appraisals and explore the risks that are presented when a Desktop Appraisal is requested of an appraiser as part of the mortgage application process. Prior to 2020, the most common appraisal label in the mortgage origination ecosystem was the Full Appraisal. Appraisal Labels.

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Appraisal Inspection Development Technology 435

Birmingham Appraisal

SEPTEMBER 15, 2022

What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. You can read more about property inspection waivers in a past article I wrote.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

Birmingham Appraisal

FEBRUARY 20, 2024

The lender, whether it be a bank, mortgage company, credit union, or other financial institution will provide the buyer with the funds through a mortgage to pay for the house. By providing the CMA to the appraiser, the appraiser can see the agent’s thought process when developing the asking price.

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Agents Appraisal Real Estate Agent Bracketing 86

McKissock

DECEMBER 28, 2021

Mortgage rates are expected to rise, but still remain attractive and reasonable. Nonetheless, it would be prudent for appraisers to refresh or develop their knowledge on appraising REO properties.”. It’s likely that the task force’s recommendations will be adopted by most of the major players in the residential mortgage lending arena.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Housing Wire

NOVEMBER 30, 2021

These and other steps are sorely needed to bring the appraisal process in line with advances to digitize mortgages, utilizing technology to combat inconsistencies that continue to beleaguer the profession, and reduce closing slowdowns often caused by appraisal capacity issues. Reconsideration of Value (ROV) process.

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Appraisal Process Modernization Appraisal Valuation 410

Housing Wire

AUGUST 29, 2022

We sat down with Steve Sussman, NAN’s chief business development officer, to find out how the company is growing so fast and what they see for the future. SW: The mortgage industry saw huge origination volume over the last two years. 1427, with an average 451% in revenue growth from 2018 to 2021.

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Modernization Appraisal Valuation Technology 370