AmeriMac

JUNE 28, 2023

In recent times, alternative valuation products have emerged as a popular solution that investors can use to gain insights into the worth of their assets. Alternative valuation products offer a unique way to determine property value. Investors are always on the lookout for ways to make informed, data-driven decisions.

Valuation 36

Valuation Investors Appraisal Technology 36

Housing Wire

OCTOBER 26, 2020

In times like these, the “one-stop-shop” approach to the servicing and lending process has become even more appealing, and there is a company providing that in a flexible capacity: Xome. When COVID-19 complicated the appraisal process, Xome was able to direct its lender clients to its contactless valuation option via a mobile app.

Clients 360

Clients Valuation Technology Inspection 360

Housing Wire

SEPTEMBER 9, 2021

For example, from a scheduling standpoint, 58% of survey respondents stated they would be very likely/likely to self-schedule their appraisal, inspection and/or closing appointment online if the option was available to them. Phil King is vice president, principal product manager, EXOS Valuations at ServiceLink.

Mortgage 388

Mortgage Technology Inspection Appraisal 388

Housing Wire

SEPTEMBER 13, 2023

CAPE Analytics has unveiled a new, AI-powered , automated property condition report (aPCR) tool crafted for institutional lenders, whole loan investors, and real estate investors. The common understanding of valuation, inspection and even property value is shifting, as more and more technology-enabled alternatives are emerging.

Tools 371

Tools Valuation Inspection Investors 371

Birmingham Appraisal

AUGUST 23, 2023

Understanding the Roles: Agents and Appraisers: Real estate agents bring their expertise in marketing and negotiations, while appraisers provide impartial and accurate property valuations. Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations.

Agents 83

Agents Appraisal Valuation Appraisal Process 83

Housing Wire

AUGUST 31, 2023

Property data collection consists of a complete interior and exterior inspection of the subject property. For example, Class Valuation , one of the nation’s largest AMCs, provides its data collectors with imagery technology that creates a digital twin of the property. What is property data collection? But you already know this.

Modernization 340

Modernization Appraisal Inspection Valuation 340

AmeriMac

NOVEMBER 30, 2023

It plays a significant role in several aspects, from buying and selling to lending purposes. These appraisals are valuable tools for property owners, investors, and lenders, helping them make informed decisions about sales, refinancing, property tax assessments, and estate planning.

Appraisal 36

Appraisal Real Estate Appraisal Process Inspection 36

Birmingham Appraisal

FEBRUARY 20, 2024

One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy. For the above reasons, it is very important for accurate valuations during the home-buying process.

Agents 87

Agents Appraisal Real Estate Agent Bracketing 87

Clear Capital

NOVEMBER 14, 2022

Buying or refinancing a house is stressful for home buyers, and “being able to rely on a timely valuation can make a big difference,” says Heather Khan, Senior Analyst of Quality Assurance at Clear Capital. Delays in responding to revision requests can have a serious impact on all lending parties during the review process.

Appraisal 69

Appraisal Lending Bracketing Appraisal Process 69

Housing Wire

OCTOBER 18, 2022

Automated Valuation Models (AVMs) are having a moment. homeowners sitting on more than $30 trillion dollars in home equity, many lenders are looking to the latest AVMs to improve the accuracy and efficiency of their home equity lending. AVMs have been a “workhorse” lending tool for more than two decades.

Valuation 263

Valuation Home Value Technology Lending 263

Housing Wire

AUGUST 21, 2023

469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. 497 BOSSCAT 1,175% 2018 Digitizing home inspection data to create instant repair estimates for homeowners and real estate professionals. Miami-based Marketwise Valuation Services , another AMC, was No.

Real Estate 355

Real Estate Real Estate Agent Technology Investors 355

Housing Wire

NOVEMBER 20, 2020

Artificial Intelligence company Quantarium announced on Thursday its partnership with Valligent Technologies to launch a condition adjusted “Quantarium Valuation Model” for equity lending, broker price opinions and real estate owned valuations. It can also factor in the effects of local events like foreclosures and recent sales.

Valuation 408

Valuation Technology Tools Business 408

Housing Wire

JUNE 18, 2021

All of these markets benefit from an accurate understanding of valuation and property characteristics, but the data sources that power them leave out a crucial component: property condition. HW: What are some challenges facing investors as they pertain to valuation and property characteristics? The waning pandemic in the U.S.

Investors 337

Investors Real Estate Real Estate Agent Valuation 337

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 390

Technology Contracts Business Appraisal 390

Clear Capital

FEBRUARY 13, 2023

Home equity lenders know the benefits of using an Automated Valuation Model (AVM) when originating Home Equity Line of Credit (HELOC), Home Equity Investment (HEI), cash-out refinance, and fixed-rate home equity loans. Using an AVM can greatly expedite the process and save the lender money.

Valuation 69

Valuation Lending Inspection Real Estate Agent 69

Realvals

JUNE 18, 2023

The LTV is a percentage that represents the amount of money to lend compared to the value of the home. Appraisers provide unbiased valuations that may help reduce any potential conflicts among beneficiaries. This independent valuation helps divide assets and avoid disputes in the divorce proceedings. This is also incorrect.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

McKissock

DECEMBER 28, 2021

Appraisers should consider learning more about desktop appraisals and the hybrid/bifurcated appraisal process and using remote inspection tools such as RemoteVal ,” she advises. The PAVE Task Force is expected to issue a report with recommendations on how to reduce racial bias in home valuations sometime in early 2022,” he says.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Housing Wire

JUNE 14, 2022

Using automated tools to establish home values helps remove human bias, although it limits the collection and evaluation of a property’s current condition,” wrote Freddie Mac. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

Appraisal 302

Appraisal Valuation Inspection Law 302

Clear Capital

SEPTEMBER 29, 2021

Then they dive into Freddie Mac’s long-anticipated research paper, “ Racial and Ethnic Valuation Gaps In Home Purchase Appraisals.” To create new capacity for the industry, new approaches to valuation that are faster and better, and less prone to bias. The home inspection took longer. It’s real estate.

Sellers 69

Sellers Agents Real Estate Buyers 69

Housing Wire

FEBRUARY 14, 2022

One way the FHFA proposed is through the government-sponsored enterprises’ duty to serve plans, which set goals for lending liquidity and preservation for manufactured, rural, and affordable housing. Another tool the FHFA says it will use to spur affordability is through its equitable housing finance plans.

Appraisal Process 364

Appraisal Process Finance Appraisal Modernization 364