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. The post Revisiting To Inspect or Not to Inspect with Jordan Petkovski appeared first on Appraisal Buzz.

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Appraisal Buzz

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? FHA appraisal assignments ) because they don’t want to be considered a “home inspector.”

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Housing Wire

NOVEMBER 18, 2020

In most cases the in-person inspections required by GSEs, FHA and VA policies can continue per policy; however, adjustments to policy compliance are often needed to get the loan underwritten. When inspections are safe and feasible, appraisers are wearing personal protective equipment (PPE) such as masks, gloves and shoe coverings.

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Housing Wire

APRIL 30, 2022

Incenter Appraisal Management’s RemoteVal technology allows appraisers to cut out all physical travel and get more inspections done, in turn generating more orders per day that they can complete. The real difference with RemoteVal is that it keeps appraisers in full control of the appraisal inspection,” said Erik Pogwist, Chief Appraiser.

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Housing Wire

AUGUST 7, 2020

The Department of Housing and Urban Development said it was resuming in-person inspections of public housing units, though families concerned about the spread of COVID-19 can decline to have a HUD worker in their home. The post HUD resumes inspections of public housing units amid COVID-19 pandemic appeared first on HousingWire.

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Appraisal Buzz

JUNE 17, 2022

Below are five remote inspection tools worth. The post 5 Remote Inspection Tools for Desktop Appraisals appeared first on Appraisal Buzz. 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?

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Housing Wire

MAY 2, 2021

To help mitigate these pain points, Incenter Appraisal Management is offering remote BPO and remote inspection capabilities paired with AVMs. Incenter’s Remote BPO and remote Inspections don’t require homeowners to download mobile applications and take pictures on their own. Mark Walser, President of Appraisal Management.

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Appraisal Buzz

SEPTEMBER 1, 2021

The post Incenter Announces RemoteVal Inspection Technology appeared first on DSNews. The post Incenter Announces RemoteVal Inspection Technology appeared first on Appraisal Buzz. New offering allows appraisers to control a homeowners’ smartphone camera to capture time-stamped images from a remote location.

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Appraisal Buzz

SEPTEMBER 29, 2021

The post That Little Question of Forbearance Inspections appeared first on DSNews. The post That Little Question of Forbearance Inspections appeared first on Appraisal Buzz. As foreclosure moratoria begin to lift, Kerry Medel examines what lies ahead for the property preservation space (Sponsored Content).

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Appraisal Buzz

JANUARY 11, 2022

Not only will you conduct an extensive lot inspection before construction starts, but you may also need to visit the property during construction—to assess progress and detail. The post Appraising New Construction: Guidance for Follow-Up Inspections appeared first on Appraisal Buzz.

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Appraisal Buzz

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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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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East Coast Appraisal

MAY 24, 2023

While trying to buy a home, you may have found out that some lenders require their borrowers to have an appraisal and/or an inspection completed. Some lenders may only require an appraisal and leave the decision about an inspection up to you. During a home inspection, it is not required that the buyer or seller be present.

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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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Raleigh Realty

FEBRUARY 2, 2022

Negotiating Repairs After a Home Inspection What fixes are mandatory after a home inspection? One of those steps is the home inspection and with the home inspection, major issues can arise. A home inspection provides the buyer with a detailed report of the home’s structure, plumbing, electrical, foundation, roof, etc.

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Appraiserblogs

FEBRUARY 17, 2022

Why is the ASB proposing to remove the definition of Personal Inspection? As of 2023, if the ASB gets its way in a few weeks, the word “inspection” or “personal inspection” will no longer be defined in USPAP. USPAP Compliance & Hybrid Appraisals WHO does the SUBJECT INSPECTION? Would it be misleading to disclose….

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McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.

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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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Riverfront Appraisals

JANUARY 18, 2023

The Realtor’s Guide to Appraisals, The Homeowner’s Guide to Appraisals, and the Loan Officer’s Guide to Appraisals provide you with all you need to know about the appraisal process, so that you can better serve your clients, and make the […] The post FAQ 3: What’s the Difference Between an Appraisal and a Home Inspection appeared first on Riverfront (..)

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McKissock

JANUARY 11, 2022

Not only will you conduct an extensive lot inspection before construction starts, but you may also need to visit the property during construction—to assess progress and detail when work is complete. You will also need to conduct a final inspection. Inspection during construction. Final inspection. Don’t be lenient.

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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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McKissock

JUNE 17, 2022

Below are five remote inspection tools worth looking into. Rather, our intention is to provide appraisers with a sampling of currently-available remote property inspection tools so they can consider the potential benefits of integrating such tools into their appraisal process. eTrac Virtual Inspection Tool. Anow Walkthrough.

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Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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Hank Miller Team

OCTOBER 4, 2022

Due diligence periods are back and with them, the main contingencies of appraisal, finance, and inspection. It’s reasonable to say that everyone needs to get reacquainted with home inspection hysteria and the rule of making mountains out of moles hills. The Imperfect Home Inspection No home is perfect, ever.

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Housing Wire

OCTOBER 5, 2021

One such way a buyer could make their offer more appealing is by waiving an inspection. In 2021, 65% of sellers reported that they received at least one offer that waived an inspection , but 88% of successful buyers said they got an inspection prior to finalizing their home purchase.

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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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Valuation Review

SEPTEMBER 21, 2022

Walser gives more insight on the profession, as well as his belief that more and more, smartphones are being used for home inspections/appraisals. Valuation Review concludes its conversation with Mark Walser, president of Incenter Appraisal Management. Read on for final thoughts from the company president.

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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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Housing Wire

APRIL 18, 2023

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. The firm is growing rapidly to offer instant repair estimates and scale through process automation.

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Housing Wire

APRIL 24, 2023

The Department of Housing and Urban Development (HUD) surveyed them and heard complaints about: Regulatory requirements – including the requirement that housing units be inspected before voucher holders move in, which can extend vacancies between tenants and force landlords to make costly repairs. Why don’t landlords participate?

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Eppraisal

DECEMBER 2, 2022

While in the process of purchasing a home, you are going to want to have a home inspection performed. Contracts to purchase homes have clauses in them that allow buyers to have a professional inspection performed, typically within the first five to ten days of signing the contract. Ladders are convenient for heights.

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Eppraisal

DECEMBER 27, 2022

If so, you'll need to be aware of how the weather can affect your home inspection as there may be a few challenges. This is especially true if there is snow or ice on the day of your home inspections. For example, home inspectors cannot physically get up onto a roof to inspect it when there is snow or ice up there.

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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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Riverfront Appraisals

JANUARY 18, 2021

Well – not really the end, but one of the last parts of some appraisals – namely the final inspection. We’ll briefly look at what a final inspection […]. The post The Loan Officer’s Guide to Appraisals, Part 1: The Final Inspection appeared first on Riverfront Appraisals.

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Eppraisal

OCTOBER 26, 2021

Some are waiving appraisals and others are even offering to waive inspection contingencies. Inspection Contingencies Defined When buyers and sellers agree on all the terms of a real estate contract, it is signed and delivered to all parties. Some buyers like to have the roofs inspected by roofing companies.

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Kairos Appraisal Services

AUGUST 1, 2022

When selling your home or refinancing your mortgage, the home appraisal inspection is a crucial step in the process. But if the… The post Preparing for a Home Appraisal Inspection appeared first on Kairos. You want your home’s appraised value to be as high as possible in the final report.

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Town & Country Residential Appraisals

MAY 15, 2023

This is when someone, most likely not an appraiser, inspects the property for the lender and provides them with the property data. The increased qualifications to become an appraiser, along with the the numbers of appraisers leaving the profession, contributed to this shortage.

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