Legal Modernization Training Valuation 
Appraisal Buzz
APRIL 8, 2024
As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope. Lack of Transparency: Traditional appraisal methods often lack a clear audit trail, making it difficult to trace back decisions or valuations.
Housing Wire
JUNE 14, 2022
According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models. Using its automated valuation models “leads to relatively lower racial gaps,” Freddie Mac said. Fannie Mae also included efforts to “modernize” appraisals in its equity plans. Fair housing, are you kidding me?”.
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Housing Wire
MAY 25, 2021
Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. In the traditional appraisal model, we ask appraisers to perform every single component of the valuation process. Delegating onsite data collection.
Housing Wire
JULY 12, 2022
A certification lightens the legal liability of bias. Its appraisal modernization pilot, which used hybrid appraisals, showed an 18% point reduction in confirmation bias compared with traditional appraisals, which rely on human observations and, as such, potentially could be riddled with overt or subconscious bias.
Appraisal Buzz
APRIL 15, 2024
Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. In addition to mortgage work, they may do legal work, estates as well as many other channels of business. The abbreviations we use in our forms are in fact, data points for the GSEs.
Cleveland Appraisal Blog
APRIL 11, 2023
With a few quick online searches, in most areas, you can find the parcel number, legal description, and even some potentially comparable sales. Furthermore, sometimes zoning ordinances change and the legal use of the property may change so that the property might be more valuable being used for something other than as a residential property.
Birmingham Appraisal
AUGUST 2, 2023
Whether you’re a homeowner looking to make improvements, an agent who needs a pre-listing appraisal, or an attorney or accountant who requires a certified appraisal, a well-qualified and experienced appraiser is essential for accurate property valuation.
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