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Judgment or Analysis?

George Dell

Appraiser judgment is required. Analysis is reduction and logic. Analysis comprises reasoning and reducing the problem into well-mannered parts. Judgment, in (traditional-legacy) appraisal, is emphasized in picking comps (data selection). Appraisers are admonished […] The post Judgment or Analysis?

Appraisal 195
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Consumer protection is what title insurance is all about

Housing Wire

The most common causes for loss are mortgages, judgments, liens and mechanic’ liens. nationally since 2004, according to an analysis of industry financial statements. For example, a homeowner might have a judgment on their house due to unpaid taxes, homeowner association dues or child support.

Insurance 431
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Judge denies HomeServices’ motion for mistrial in commission lawsuit

Housing Wire

Keller Williams was denied its motion for judgment as a matter of law, which it had filed earlier Wednesday. HomeServices’ motion for judgment as a matter of law was also denied. Swanepoel also testified that some of the analysis done by Craig Schulman, an associate professor of economics at Texas A&M University , was incorrect.

Buyers 386
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How AI is changing the valuations process

Housing Wire

Beyond AVMs, AI is utilized in property valuations for predictive analysis, natural language processing, workflow optimization, quality control and risk assessment, regulatory compliance and more, leading to improved quality and faster turn times. The product environment is rapidly changing. Technology is growing at an accelerated pace.

Valuation 374
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When to Apply Extraordinary and Hypothetical Assumptions

Boston Appraisal

Extraordinary Assumption: USPAP defines an Extraordinary Assumption as a presumption that, if proven to be wrong, could change the appraiser’s judgments or findings. Or, more generally, it could be about things external to the property, such as market conditions or trends; or about the integrity of the data used in an analysis.

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Challenging Appraisals: Strategies for Lawyers and Their Clients

Boston Appraisal

Check for any errors, omissions, or inconsistencies in the data, analysis, or conclusions. Here are some tips on how to challenge an appraisal: Identify the weaknesses and flaws of the appraisal report: Look for any errors, omissions, or inconsistencies in the data, analysis, or conclusions of the appraisal report.

Clients 78
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Ready or not, CRA modernization is at the door

Housing Wire

That’s in sharp contrast to the current evaluation process, which has “no clear standards,” and thus relies heavily on examiner judgment, the bank regulators wrote in their joint proposal. The banks then counter those arguments with their own analysis of HMDA data, which often differs from the community groups’ assessment of the data.