article thumbnail

The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare. How many years of experience must the appraisers/property inspectors have?

article thumbnail

The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare. How many years of experience must the appraisers/property inspectors have?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

During my presentation, I reviewed with the audience a number of appraisal scenarios that have been common practice for decades – often in spaces outside of first mortgage lending. For 203K appraisals, an individual performs an inspection of the subject property for HUD or the lender as a separate order from the valuation assignment.

article thumbnail

4 Effective Steps to Find Commercial Rental Properties for Sale

The Robert Weiler Company

Property taxes in the area. Opportunities for future development and zoning ordinances. Average prices of comparable commercial rental properties available in the area. Even though the properties you found may seem within your budget, the additional expenses may push your cost far over the line. Rental property insurance.