Smart Inspections
The Appraiser Coach
JULY 19, 2022
This woman said that she has been using an iPad for years to do her mobile inspections, but had heard. I was recently contacted by an individual with a question. Read More.
ICE unveils two new property valuation solutions
Housing Wire
MARCH 18, 2024
Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.
Valuation 
380
380 Join 9,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
How data and technology can combat appraisal bias
Housing Wire
MAY 23, 2023
The need to physically inspect each property will be replaced with data or other inspection options in many cases. Tara Dugan, who works in marketing and real estate for Tavant, said that technology should focus on integrations and aggregations. These additional valuation options will lessen the opportunity for appraisal bias.”
Technology 362
362 
5 Remote Inspection Tools for Desktop Appraisals
McKissock
JUNE 17, 2022
Thanks to advances in remote appraisal technology, desktops are more convenient and reliable than ever before. Want to stay ahead of the curve with desktop appraisals and the latest technology? Below are five remote inspection tools worth looking into. Next on the list of of remote inspection tools is Anow Walkthrough.
Inspection 75
75 
Embracing New Technology and Efficiency
The Appraiser Coach
APRIL 20, 2021
I recently met with another appraiser who admitted to me he was still using a clipboard and pen. There are very few people out there still using these; most appraisers. Read More.
Technology 367
367 
Why You Should Invest in Technology
The Appraiser Coach
APRIL 4, 2023
I’ve been talking recently about what I call the “principles of prosperity.” The last couple have had to do with money – what it is and how it works. Read More
Technology 195
195 
Clear Capital launches appraisal tool to speed photo review
Housing Wire
JANUARY 3, 2022
Clear Capital’s data science team developed the product and built it into the already existing platform, a review system that automates collateral underwriting in compliance with internal credit policies and government-sponsored enterprise guidelines. At the moment, the technology is being piloted internally.
Tools 412
412 
Xactus’ valuation solution approved to fulfill Fannie Mae’s property data collection orders
Housing Wire
OCTOBER 2, 2023
Hybrid appraisals require a vetted and trained third party to inspect the property and gather data — including a floor plan — and deliver it to a licensed appraiser for a desktop appraisal. Xactus Appraisal Firewall X provides data for both processes.
Valuation 389
389 
When Should We Put Technology Aside?
The Appraiser Coach
JUNE 1, 2021
I woke up to a text the other morning from one of my employees. The text had been sent at 12:30 AM! Now, I turn my phone off at night. Read More.
Technology 248
248 
Class Valuation acquires AMC AppraisalTek
Housing Wire
AUGUST 3, 2022
The fragmented and decentralized appraisal management company sector is ripe for consolidation, amid increased regulatory pressures on appraisers and potentially disruptive technological changes. The model of “boutique” AMCs like AppraisalTek are under pressure to bear the cost of adopting new technology, Oglesby said.
Valuation 361
361 
A View on Risk: Desktop Appraisals
Appraisal Buzz
FEBRUARY 7, 2022
Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. During 2020 and 2021 as the Covid-19 pandemic global pandemic disrupted our lives and the way we all do business, regulators, agencies, and the government sponsored enterprises allowed inspection relief in certain circumstances.
Appraisal 435
435 
The hybrid appraisal is here. Who benefits?
Housing Wire
JULY 12, 2022
Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.
Appraisal 410
410 
Black Knight’s Scout added to Fannie Mae’s new valuation options list
Housing Wire
MARCH 21, 2023
Lender and appraisal management companies and other property data collection companies can now use Black Knight ‘s Scout mobile property inspection as part of the value acceptance plus property data process. The government-sponsored enterprise (GSE) approved six vendors following the roll-out of its new valuation initiative.
Valuation 237
237 
Saving Photos as an Appraiser
The Appraiser Coach
MAY 18, 2021
I probably take about 20-25 per house that I inspect. It is no secret that we as appraisers take a lot of photos. Then there are all the comp photos. Read More.
Appraisal 397
397 
Why it’s time for the housing industry to get serious about climate risk
Housing Wire
MARCH 1, 2023
Change in uninsured losses As of late, however, the uninsured losses are being absorbed by other stakeholders in the housing finance system, including mortgage lenders, mortgage servicers, private mortgage insurers, government agencies, capital markets investors, and the government-sponsored enterprises.
Insurance 366
366 
Deephaven Mortgage and Incenter Appraisal Management Join Forces to Give Non-QM Brokers a Competitive Edge
Appraisal Buzz
DECEMBER 20, 2021
Deephaven will provide brokers with Incenter Appraisal Management’s RemoteVal technology, which reduces appraisal turn times from weeks to days, without compromising the integrity of the process. Deephaven was founded in 2012 and led the rebuilding of the non-government mortgage market. About Incenter Appraisal Management.
Appraisal 195
195 
Your Best Friend as an Appraiser
The Appraiser Coach
MARCH 12, 2021
Even when we’re out, we’re still doing work-related tasks like shooting pictures and doing inspections. Many appraisers work out of our homes, not interacting with office staff or other appraisers. Read More.
Appraisal 369
369 
RenoFi targets homeowners who don’t qualify for HELOCs
Housing Wire
JUNE 9, 2022
Legacy renovation loans, which tend to have longer inspection periods and strict oversight of renovations, are not paid to borrowers in a lump sum, which can add a degree of difficulty when homeowners are ready to use the funds, according to Goldman.
Renovations 322
322 
Fannie Mae pays $53M to settle recession-era discrimination suit
Housing Wire
FEBRUARY 7, 2022
It alleged the government-sponsored enterprise didn’t maintain foreclosed properties in communities of color as well as it did in white neighborhoods. “I As part of the settlement, the GSE said it would, or already has, enhanced its REO maintenance and marketing activities.
Inspection 381
381 
Clear Capital’s loan servicing solution helps servicers evaluate and mitigate risk
Housing Wire
JANUARY 31, 2021
Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans.
Valuation 244
244 
Phone Apps for Productivity
The Appraiser Coach
AUGUST 31, 2021
I’m big on technology. One of my most used pieces of technology is my smartphone. I wanted to share with you some of the apps that I use all the. Read More.
Technology 345
345 
The Best Idea for IT Support for Your Appraisal Office
The Appraiser Coach
SEPTEMBER 7, 2021
Technology is important to your business. Sometimes, it can be a challenge to keep your computer, your systems, your network, your internet, and the software you use all running and. Read More.
Appraisal 326
326 
Are these factors creating chaos in your mortgage lending ops?
Housing Wire
JUNE 7, 2022
Technology will be the most popular solution, but choosing to implement multi-million-dollar platforms to streamline operations introduces even more complexity before savings are realized. Servicers, especially those who service government-insured loan products, are under statutory time constraints that give them very little wiggle room.
Lending 298
298 
“Mommy’s not home, but she says you can come in.”
The Appraiser Coach
NOVEMBER 15, 2023
You drive for an hour for an inspection. We’ve all been there before. When you get there, you knock on the door, only to have it opened by the kids. You ask them if their parents are home, to which they respond, “No.” When you call the parents, they say something like, “Oh, I’m not home right now, but the kids will let you in.”
Inspection 150
150 
Why Are People So Complicated?
The Appraiser Coach
DECEMBER 5, 2023
I had gone over to do an inspection for him, and we got to talking about how he had had another guy come through earlier to do an appraisal of his home. No matter what we think, people are not the creatures of logic and reason we like to think we are. I remember an interaction I had one day with a homeowner.
Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?
Appraiserblogs
MARCH 7, 2024
Mass Appraisal tend to exhibit a regressive nature… In the intricate landscape of real estate mortgage financing, the notion of appraisal waivers recently dubbed “Value Acceptance”, by the Government Sponsored Enterprises (GSEs), has stirred considerable debate.
Modernization 146
146 
ARE COMP PHOTOS A THING OF THE PAST?
The Appraiser Coach
OCTOBER 17, 2023
Isn’t technology these days pretty good for getting most information from the desktop? With the advent of the hybrid appraisal, it seems that the need for comp photos has become obsolete. If we don’t need original photos for hybrids, do we need them at all? Who honestly likes them anyway? How long have you been appraising?
Appraisal 195
195 
How to get a real estate license in Ohio (OH) in 5 steps
Housing Wire
NOVEMBER 30, 2023
Culture, cutting-edge technology, marketing assistance, and training are key to succeeding as an Ohio real estate agent, so look for a brokerage that provides the agent services and resources you need to maximize reach for your clients. government-issued alien registration card U.S. government-issued military identification card U.S.
Real Estate 397
397 
Do Solar Panels Increase Home Values?
Eppraisal
APRIL 14, 2023
The Department of Energy says, "Thanks in part to Solar Energy Technologies Office (SETO) investments, the cost of going solar goes down every year. Getting permits and inspections is also getting easier and less expensive for consumers. Government Subsidies There are government subsidies to offset the cost of going solar.
Home Value 69
69 
How To Appraise Rural Properties
Appraisal Today
MARCH 15, 2024
NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = USPAP does not require use of the specific term “personal inspection”. Answer: No.
Appraisal 69
69 
Responding To the 5 Most Popular Questions From Agents
The Appraiser Coach
DECEMBER 13, 2022
Imagine you’re at an inspection. During your standard walk-through, you look out the window and see a car pull up into the driveway. Your mind starts racing when you see. Read More.
Inspection 74
74 
Fintech firm seeks to modernize appraisal process | Clear Capital in the News
Clear Capital
MARCH 23, 2022
Last year’s acquisition of CubiCasa by Clear Capital, a national real estate valuation technology company, was just one step in the firm’s overall mission to modernize the appraisal process, a top official told Mortgage Professional America. Story by Tony Cantu for MPA. That quest led Reno, Nev.-based
Understanding the Importance of Appraisal Reviews
AmeriMac
MAY 10, 2023
A field review involves an on-site inspection, while a desk review is done without an on-site inspection. This type of review is frequently required by lenders or government agencies to guarantee confidence in property valuation and minimize legal or financial risks.
Appraisal 36
36 
NFT mania and the future of the home sale
Housing Wire
MARCH 7, 2022
Unlike currencies issued by a country’s government, cryptocurrency is digital and has no central administration. What the paper wryly notes is that while the use of non-fungible tokens may be novel to the art economy, they have existed in real estate since the Henry VIII-led English government of 1536 created the deed.
Real Estate 480
480 
CAPE Analytics launches new AI-powered, automated property condition report tool
Housing Wire
SEPTEMBER 13, 2023
The common understanding of valuation, inspection and even property value is shifting, as more and more technology-enabled alternatives are emerging. CAPE Analytics said existing human-driven, visual inspections like traditional property condition reports (PCRs) miss 70% of property issues identified by the CAPE aPCR.
Tools 387
387 
5 best Arizona real estate schools for 2024
Housing Wire
DECEMBER 8, 2023
Includes current issues and trends in AZ real estate & property inspection issues CE Sales Package #1 with Ethics: 12 of the 24 required hrs of coursework (9 mandatory & 3 general hrs). Course includes contracts used in real estate transactions with samples and practical contract completion exercises. out of 5 stars Rating: 4.5
Real Estate 357
357 
What tech leaders think about AI, cybersecurity and what’s next
Housing Wire
JANUARY 11, 2024
On the right tech mindset: Adam Carmel, Polly CEO : “When I was in lending, I think I always overestimated the impact technology or software, or more importantly, a switch in technology, would have on our business in the first six months or a year, and the difficulty in transitioning.
Technology 415
415 
Experienced Appraisers Share Their Number One Tips for New Appraisers
McKissock
OCTOBER 29, 2021
Embrace technology. ” “Be thorough on your inspections.” ” “Use all the technology available to you.” The inspection part is the easy part. ” “Get out there and inspect lots of properties, simple and complex. Be patient. Study, study, study! Always keep learning.
Appraisal 88
88 
Navigating the Slow-Down
Appraisal Buzz
MARCH 26, 2024
In a recent reflection on my appraisal business, I want to share an inspiring story about a fellow appraiser who defied market challenges and achieved remarkable success. This individual, relatively new to running their own appraisal business, exemplifies the power of dedication and strategic learning.
Business 195
195 
The Undercover Appraiser
The Appraiser Coach
MARCH 19, 2024
As a real estate investor, I have the opportunity to rub shoulders with all kinds of people, even other appraisers on occasion. With a recent house purchase in another state, I got a call from the appraiser of this property as he was planning a visit out there. We talked about what was still needed and how to go about the property moving forward.
Appraisal 195
195 
Principles of Prosperity: The Final Word
The Appraiser Coach
JUNE 27, 2023
I’ve recently been posting about what I call the “Principles of Prosperity.” I’ve been hoping to give you a brief introduction that will pique your. Read More
Inspection 366
366 
Time Is Money – So Use It Wisely
The Appraiser Coach
MARCH 12, 2024
I want to talk today about something with which we are all familiar. I believe that we need to keep this in the forefront of our minds as business owners. This term is “opportunity cost.”
Business 195
195 
Change: Threat, or Opportunity?
The Appraiser Coach
MARCH 5, 2024
I talk a lot on this blog about change. That’s partly because so much change has happened just during my time as an appraiser. I’ve seen the advent of laser measuring, electronic forms, and most recently, remote appraisals. This industry is seemingly in an almost constant state of change!
Appraisal 195
195 
How to Conduct the Most Effective Columbus, Ohio Property Search
The Robert Weiler Company
NOVEMBER 9, 2022
And determine whether the government plans any upgrades in the future; this is a telltale sign of an up-and-coming hot spot. Columbus, Ohio has emerged as a technologically advanced city; in fact, one of the top three industries here is technology. Tip 3: Learn About Locals and Lifestyle. What does that mean?
Let's personalize your content