Appraisal Buzz

DECEMBER 15, 2021

In today’s Buzzcast, we dive into the heated debate from Valuation Expo, “To Inspect or not to Inspect” where we discuss both sides to the new bifurcated appraisal. How is this information beneficial to appraisers? The post Revisiting To Inspect or Not to Inspect with Jordan Petkovski appeared first on Appraisal Buzz.

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GoForrmz

APRIL 23, 2024

Easily transition to a paperless operation with GoFormz digital forms Traditionally, conducting HVAC inspections involved cumbersome paperwork, time-consuming data entry, and potential errors. However, with the advent of digital forms and mobile technology, the inspection process has been streamlined and optimized for efficiency.

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Housing Wire

JUNE 11, 2021

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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Housing Wire

MAY 11, 2021

Unfortunately, the ability to obtain information on individual property data about these two factors is hard to come by, short of an interior physical inspection. The post Property condition information that’s cloud-based – “Word cloud” based appeared first on HousingWire. Realtor Comments Hold Vital Info.

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Raleigh Realty

JULY 31, 2022

Major Home Inspection Issues and How to Handle Repairs If your home inspection turns up any of these 7 major issues it could be time to negotiate some mandatory fixes with the seller before you proceed with purchasing the home. After a home inspection, issues are going to arise. Structural Issues 1. Plumbing 3.

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Housing Wire

MARCH 18, 2024

Valuation Selector helps lenders and investors identify the most suitable valuation method (AVM, AVM with inspection, desktop exterior, desktop interior or full appraisal) for a property, depending on its complexity.

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Genworth MI Blog

FEBRUARY 18, 2021

The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower. To relieve some of the stress, savvy loan officers educate their borrowers on what to expect from an appraisal inspection and how to prepare. Tips for an On-Site Appraisal Inspection.

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Birmingham Appraisal

SEPTEMBER 21, 2022

A Closer Look At The Final Inspection. You may have heard of an appraisal inspection but what is a final inspection? For many types of appraisals, there is only one inspection or observation as we like to call it. Because an appraisal is nothing like a home inspection, that term could be somewhat misleading.

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McKissock

MARCH 24, 2023

On April 12, 2023, McKissock Learning will host a FREE one-hour, non-credit Pro-Series webinar titled “Virtual Inspections with RemoteVal.” Plus, check out the FAQs below to learn some basic info about virtual property inspections with RemoteVal in advance of the webinar. Register now. What is RemoteVal?

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McKissock

JUNE 17, 2022

Below are five remote inspection tools worth looking into. The following information is based on descriptions available online, provided by the product owners/developers. Another virtual inspection tool is HomeView by ValueLink, launched in July 2020. Next on the list of of remote inspection tools is Anow Walkthrough.

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McKissock

AUGUST 10, 2021

Appraising a luxury home can be stressful, so preparation is important before commencing with a luxury home inspection. In this post, we provide valuable tips for preparing to inspect a luxury home, including some key questions to ask of the homeowner, agent, or builder about upgrades and amenities. Research the subject property.

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Lamacchia Realty

FEBRUARY 21, 2024

SELLERS, HERE'S WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION Selling your home and moving into a new one can be an exciting life chapter. A common issue that sellers should be prepared for is a buyer requesting repairs after the home inspection. So, what do you, as a seller, do in this scenario? To Conclude.

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Housing Wire

FEBRUARY 6, 2024

It’s also crucial that whatever data can be pulled to display such information is analyzed and deemed credible by an expert in the field: a Certified General Appraiser. The information therein enables underwriters to make informed decisions quickly.

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D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. What Is a Home Inspection? What Is a Home Appraisal?

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Town & Country Residential Appraisals

JULY 18, 2022

Inspection: careful examination or scrutiny Observation: the action or process of observing something carefully in order to gain information While the definitions are close, inspection seems to indicate a more detailed way of looking at something just by the words “examination” and ”scrutiny”.

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Housing Wire

MAY 9, 2023

Reggora contends that this traditional approach relies on “incomplete and imperfect information,” which could then lead to errors in the timely disposition of an appraisal order. This could lead to “lackluster” turn times, revision rates and fee escalation that the new platform is aiming to address.

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GoForrmz

JULY 13, 2022

Auto-fill your digital forms in just a few clicks Tired of filling out the same information for every form? A DataSource is a table of information that can be referenced to auto-fill fields in your forms. Our “Example Data Source - Customers” containing customer information.

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Appraisal Buzz

JANUARY 24, 2022

LOUIS — January 24, 2022 — With Fannie Mae and Freddie Mac accepting desktop appraisals beginning in March, Incenter Appraisal Management and McKissock Learning are partnering to help appraisers update their remote inspection skills in response. For more information, please visit incenteram.com. About McKissock Learning.

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Genworth MI Blog

FEBRUARY 18, 2021

The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower. To relieve some of the stress, savvy loan officers educate their borrowers on what to expect from an appraisal inspection and how to prepare. Tips for an On-Site Appraisal Inspection.

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Appraisal Buzz

JANUARY 24, 2022

Learn about all of the new features in RemoteVal – a free inspection app for appraisers! RemoteVal has added a Dynamic Floor Plan Creator, in addition to allowing the appraiser to visually inspect the property in real-time on the date of inspection. We sat down with our hosts to get the inside scoop on this upcoming webinar.

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Housing Wire

AUGUST 7, 2023

“The process encourages the use of emerging technologies to capture property information, imagery, and floor plans.” “Restb.ai’s Visual Insights artificial intelligence technology takes a photo and converts it into detailed information. This is a service every appraiser needs to improve their inspection efficiency.”

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Appraisal Buzz

FEBRUARY 28, 2022

As the internet and websites became commonplace, we saw the introduction of online MLS systems and the creation of national property information providers. Deep Learning gave us the ability to make sense of raw data and turn it into useful information. This is the digital transformation of the appraiser’s inspection data.

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Appraisal Inspection Technology Training 482

GoForrmz

APRIL 16, 2024

Originally published on 04/23/2019 Streamline manufacturing procedures with digital and online forms Digital and online forms drastically simplify manufacturing inspections, procedures, and oversight. This form can facilitate inspections, safety walks on the factory floor, training procedures, and more.

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Housing Wire

DECEMBER 8, 2023

Asking these questions will help inform the strategies you recommend to help them achieve their homeownership goals. Guide them through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, the appraisal process and the final walk-through. Lack of information creates enormous stress.

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Appraisal Buzz

SEPTEMBER 6, 2022

Appraisers Can Complete Virtual Inspections Independently, Be Their Own Bosses, and Prepare for a Digital Future. Once they have signed up, they will be able to create job orders, complete virtual inspections, and set their desired fees. Appraisers pay a nominal fixed cost per inspection, which they build into their client fees.

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Eppraisal

AUGUST 29, 2023

One of the critical steps in this process is the home inspection, which unveils the true condition of the property. We'll explore the nuances of home inspections, including when they take place, who pays for them, and their relevance in different market conditions. When Does the Inspection Take Place and Who Foots the Bill?

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CP Home Appraisals

AUGUST 27, 2018

Isn’t a home inspection similar to a home appraisal? Not at all – an appraisal differs from a house inspection. Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a property inspector does. Do I need a home inspection as well?

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Housing Wire

JULY 6, 2023

Freddie Mac’s new guidance was issued as an update to its Condo Project Advisor , an informational platform with information about buildings. Fannie Mae’s guidance comes as an update to its Selling Guide in consultation with the Federal Housing Finance Agency (FHFA).

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Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well. This way, you will have fewer negotiations with your buyer.

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Housing Wire

MAY 23, 2023

Appraising can be a subjective process in a lot of ways — as appraisers are always working within dollar ranges and imperfect information. The need to physically inspect each property will be replaced with data or other inspection options in many cases. Johnson said. I think that’s a really great step.”

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Technology Appraisal Lending Valuation 384

Housing Wire

MAY 2, 2021

First American offers an integrated suite of staff and network appraisal products and services, including standard appraisals, collateral inspection services and hybrid valuations through First American Mortgage Solutions’ Appraisal Management Company (AMC) and the First American Staff Appraiser Company.

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Housing Wire

FEBRUARY 22, 2024

Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. TF: To enhance cost-effectiveness and bolster profit margins in real estate sales, it’s crucial to promptly obtain and analyze precise property information. HW: What are the risk management challenges for REO assets?

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Housing Wire

AUGUST 8, 2022

In a recent survey by the National Association of Realtors , floor plans ranked as the third most desired listing feature for homebuyers, after photos and detailed listing information. But floor plans are a relative rarity on multiple listings services: only 10-15% home listings in the U.S. have floor plans. Presented by: Rently.

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Appraiserblogs

FEBRUARY 29, 2024

Should “property data collectors” who inspect properties and provide information to real estate appraisers be licensed by state appraiser boards? In Mississippi, a bill has been introduced this week to require exactly that. The legislator behind the bill happens to be an appraiser.

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CA Realty Training

MARCH 22, 2021

The Buyer’s Inspection Advisory (BIA) is a disclosure that is included with the Residential Purchase Agreement (RPA) when you make an offer on a home. Simply put, it is advising the buyer to have a professional inspect the property. Disclosures are designed to inform and protect the parties entering into an agreement.

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Boston Appraisal

OCTOBER 8, 2022

Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

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Berkshire Hathaway

DECEMBER 20, 2021

Buying a home can be stressful and one of those stressors is often a home inspection. So, let’s walk through what to keep in mind when getting a home inspection. . What do hope inspectors, inspect? Do your own pre-inspection! Should you be in attendance for the inspection? Who pays for it? Windows and doors.

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