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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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The appraisal gap is complicating deals across the country

Housing Wire

It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. How hybrid title and valuations help increase lending efficiency. The home checked off every box on Linda’s list. Streamline by combining services.

Appraisal 539
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A View on Risk: Desktop Appraisals

Appraisal Buzz

The markets perceived no additional risk in transactions where the appraiser signing off on the valuation of the collateral being utilized for a credit decision did not physically inspect the property. It will give the reader of the report, and the person who will be providing the valuation, a visualization of what exists.

Appraisal 435
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Why Appraisal Workfiles Are Important

Appraisal Today

Particularly when speaking about the workfile, for my money, the most dangerous words in USPAP are “or references to the location(s) of such other data, information, and documentation.” Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. Lanham, 20/20 Valuations, and loanDepot.com, U.S.