article thumbnail

The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

Access our appraisal training courses here. When it comes to understanding the AMC’s standards for appraisers, try asking these questions: How do you select appraisers/property inspectors? How many years of experience must the appraisers/property inspectors have? There are two things to walk away with today.

article thumbnail

The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

Access our appraisal training courses here. When it comes to understanding the AMC’s standards for appraisers, try asking these questions: How do you select appraisers/property inspectors? How many years of experience must the appraisers/property inspectors have? There are two things to walk away with today.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Home Appraisal vs. Home Inspection

CP Home Appraisals

A home inspector’s function is to study the structural, electrical, mechanical & plumbing in a home and document any problems or safety issues. 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.

article thumbnail

Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

During my presentation, I reviewed with the audience a number of appraisal scenarios that have been common practice for decades – often in spaces outside of first mortgage lending. Are these “other” inspection-and-valuation processes appropriate for lending? But is this so-called “new” process really new at all?