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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

These calculations are made using mathematical models and databases of residential information from public records. In many cases, this means that a person (who may or may not be an appraiser) collects information on the property via property inspection and a computer does the valuation. They’re insured.

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

These calculations are made using mathematical models and databases of residential information from public records. In many cases, this means that a person (who may or may not be an appraiser) collects information on the property via property inspection and a computer does the valuation. They’re insured.

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Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

While this scenario is commonly performed for insurance valuations (think: burned-down property), it is likely that most parties agree this data set would not be adequate for a first-mortgage lending assignment, in terms of establishing as-is condition and limiting risk to safe and sound lending.