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Progress now or perfect later: Improving the appraisal process

Housing Wire

The pain points have been well documented by the PAVE Action Plan and supported by numerous research papers, so I won’t spend a ton of time here except to marvel at the range and complexity of pain points. Like any good product exercise, we need to define the pain points before we talk about solutions.

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A View on Risk: Desktop Appraisals

Appraisal Buzz

That being said, the floor plan is a tool to factually represent how improvements and living spaces are configured, and is illustrative of the functional aspects of the improvements. Today, for traditional appraisal products, floor plans are only required when the appraiser makes a determination of a functional issue with the floor plan.

Appraisal 435