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A View on Risk: Desktop Appraisals

Appraisal Buzz

Let’s take some time to reintroduce Desktop Appraisals and explore the risks that are presented when a Desktop Appraisal is requested of an appraiser as part of the mortgage application process. Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. Appraisal Labels.

Appraisal 435
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NAN’s Steve Sussman on the company’s growth strategy

Housing Wire

When you look back during the pandemic, the appraiser community, they were the ones who risked their health, who risked their families’ health, going into strangers’ homes to do inspections. If they had stopped doing that, this entire industry would have ground to a halt.

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

The final CMA report presents findings and recommendations to clients, allowing them to make well-informed decisions in their real estate transactions. The sales can be considered during the development of the appraisal rather than after it is completed through a reconsideration of value which can delay the home buying process.

Agents 89
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Opinion: The pros and cons of VA modernization bill

Housing Wire

To begin with, I applaud the flexibility of allowing desktop or drive-by appraisals, but at the same time this would seem to fundamentally alter the requirement of the appraiser to inspect the property to ensure Minimum Property Requirements (MPRs) are met.

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Common USPAP Appraiser Violations

Appraisal Today

The vendor works its magic (I would encourage anyone interested at this stage to visit the one identified vendor webpage ([link] and especially click the link to “Appraisals and Inspections” to see how the product can be used for the stated purpose). Then, I’ll advocate my position and give the reasons why. Is it safe?