Housing Wire

AUGUST 3, 2023

Too many real estate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a real estate agent.” So how can real estate agents be so cavalier about their job? trillion to $7.9

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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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Appraisal Buzz

JUNE 13, 2022

Technology will continue to infiltrate the industry – learn about how ProxyPics technology and tools will put you at the forefront of real estate transactions as the GSEs continue to evolve valuation options in the digital age. Luke Tomaszewski: I’m an 18-year veteran of the real-estate valuation industry.

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Housing Wire

MAY 2, 2021

As many real estate professionals saw firsthand, the valuation process was disrupted by the coronavirus pandemic. To help mitigate these pain points, Incenter Appraisal Management is offering remote BPO and remote inspection capabilities paired with AVMs.

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Appraiserblogs

APRIL 9, 2024

Based on the local market appraisal fee, Valuation Connect values the “appraisal expertise” component of a hybrid appraisal at 18% of what the consumer pays for an appraisal. Should "property data collectors" who inspect properties and provide information to real estate appraisers be licensed by state appraiser boards?…

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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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Appraisal Hub

MAY 5, 2024

As a seasoned appraiser in the vibrant real estate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents.

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Appraisal Buzz

MAY 31, 2021

Only the wife was at home to greet the appraiser when they arrived to inspect her home. The second appraiser could also have been incompetent, resulting in an over valuation of the couple’s property. However, the husband and wife in this article are not valuation professionals. Let’s unpack this situation…. My Journey.

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Housing Wire

MAY 2, 2021

Real estate technology has changed rapidly over the last few years, and property valuation is no exception. Quantarium, an artificial intelligence and RE data analytics company, along with Valligent Technologies, a valuation technology innovator and an appraisal management company, created QVM Insights.

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Appraisal Buzz

MAY 31, 2022

As we all know, the home valuation is an integral part of the lending process that helps Americans in their journey to homeownership. This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate. The Appraisal Review.

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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. Pampulov comes to PunchList USA with two decades of experience in real estate data strategy and product development.

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Housing Wire

AUGUST 4, 2022

The parent company of appraisal software firm Veros Real Estate Solutions has acquired California-based appraisal management company Valligent Technologies. Its bend toward digital valuation services comes during a time of growing acceptance by Fannie Mae , Freddie Mac and the VA to use desktop appraisals and hybrid appraisals.

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Appraisal Buzz

AUGUST 25, 2021

PropMix announces rebranding of MCA, its real estate valuation platform, changes name to Profet.ai. NEW YORK / Aug 24, 2021 / – PropMix.io, the creator of the real estate valuation platform called Market Conditions Advisor (MCA), has rebranded the platform to better reflect its vision and capabilities.

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Housing Wire

MARCH 3, 2023

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement.

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Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. HW: What are the risk management challenges for REO assets? territories.

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Housing Wire

AUGUST 8, 2022

CubiCasa , a real estate software company based in Finland, launched a new product to enable homeowners to generate floor plans at no cost through their app. “In other real estate markets around the world, floor plans are quite common, and we think it’s time the U.S. have floor plans. said Allen.

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Housing Wire

MAY 31, 2021

Buying and selling a home can be challenging, and the real estate process is often time-consuming and stressful. One of the most challenging aspects in a real estate transaction is the valuation process. The platform can produce any type of valuation, including appraisal, hybrid or broker price opinion (BPO).

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Housing Wire

AUGUST 7, 2023

and Bradford Technologies announced their partnership at the Valuation Expo in Las Vegas on Monday. This is a service every appraiser needs to improve their inspection efficiency.” ” Restb.ai’s quality control solution, a key component of its new Valuation Product Suite, is tailored for the appraisal industry.

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Technology Appraisal Valuation Modernization 356

D Fritz Appraisals

JANUARY 8, 2022

The Rise of Drones in the Canadian Real Estate Industry. Using drones for real estate photography is a topic that drew a lot of chatter in the early 2010’s as a hotly debated topic among real estate agents. Drones Provide Clients with Clear Evidence as to Why the Property Has Received a Particular Valuation.

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Housing Wire

MAY 2, 2021

Over the last several years, significant technology trends continue to change the way people interact and work, and collateral valuation is no exception. This unique valuation offering is bolstered by the industry’s largest, most comprehensive database of property and homeowner information and recorded document images.

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AmeriMac

DECEMBER 30, 2023

Real estate transactions can be complex, especially regarding REO a ppraisals. Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions. Accurate appraisals are vital for facilitating smooth real estate transactions.

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Appraisal Buzz

JUNE 27, 2022

Class Valuation, McKissock, and DataMaster are hosting a Free webinar on “ Staying Relevant in the Appraisal Industry ” June 28th at 2 pm with Mel Black, Matt Simmons, Jared Preisler, and Lamar Ellis. Lamar: I have over 30 years of real estate valuation experience and hold the Appraisal Institute designations of MAI and SRA.

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Appraisal Buzz

SEPTEMBER 27, 2021

Divorce work is the most common, but attorneys also need valuation expertise for estate valuations, business disputes, tax litigation, bankruptcy proceedings, and expert witnesses (a per hour fee). Nobody can deny that we are living in a very strange era for real estate.

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Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. SW: How is Class Valuation leveraging AI? How is Class Valuation rising to that challenge?

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Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Housing Wire

DECEMBER 1, 2021

Real estate tech provider Accurate Group announced on Tuesday the acquisition of eMerge Property Solution for an undisclosed sum, three months after receiving a strategic investment from Novacap. The acquired company will operate as a standalone division.

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Housing Wire

DECEMBER 6, 2021

A San Rafael, California real estate appraiser is being sued for allegedly undervaluing a home by almost 50% because the homeowners are Black. Miller of Miller & Perotti Real Estate Appraisal and AMC Links LLC , an appraisal management company headquartered in Lehi, Utah.

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Housing Wire

MAY 23, 2023

In March , Fannie Mae released an update to its Seller’s Guide that outlined more options for property valuations, including value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. These additional valuation options will lessen the opportunity for appraisal bias.” Johnson said.

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Housing Wire

MARCH 23, 2021

Over the years the real estate appraisal workforce has experienced a shortage and has fallen behind to attract new entrants to replace those retiring due to high barriers of entry such as training, cost, and licensure regulations. HW: What are some of the risks and benefits of non-traditional appraisal methodologies?

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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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Appraisal Hub

JANUARY 11, 2021

After all, every commercial property is different in terms of value, supply, demand, size, location, and other qualities that may affect valuation. So if you are considering a commercial real estate appraisal in Toronto, be sure to have it done by an experienced property appraiser. It’s not the same as a property inspection.

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Appraisal Buzz

APRIL 19, 2022

today launched its new nationwide desktop appraisal data collection service to fully enable the new property valuation method called desktop appraisal endorsed and approved by Fannie Mae and Freddie Mac that started on March 19, 2022. San Francisco, CA–Asteroom Inc. About Asteroom Inc.:

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Housing Wire

JANUARY 3, 2022

Government Accountability Office , in 2018, the average number of days needed to complete a residential real estate appraisal by state ranged from seven days in California to 21 days in North Dakota. According to a recently published study by the U.S.

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Housing Wire

FEBRUARY 21, 2023

It also holds great promise in attracting a new generation of bright, talented appraisers who may have otherwise not given the mortgage valuations industry a second look. Valuations – Hybrid and desktop appraisals allow appraisers to focus on appraisal quality and output rather than losing precious hours in transit.

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Appraisal Buzz

MAY 18, 2022

I started at the Department of Housing & Urban Development in a temporary position in the Valuation Branch in the Minneapolis field office. I currently serves as vice-chair of the Colorado Real Estate Appraiser Board and I am an AQB Certified USPAP Instructor. Buzz: Can we have an overview of desktop appraisals?

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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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D Fritz Appraisals

JUNE 28, 2022

Pace of Real Estate Market Steady into Spring. According to the Victoria Real Estate Board statistical round up for May 2022, sales were down 26.2% So, what impact is that likely to have on the Victoria, BC housing market in the coming 1, 2 and 5 years? from 2021 – notably low for spring.

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