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Polly adds Total Expert to its API integration roster

Housing Wire

Total Expert provides customer engagement solutions for more than 175 modern financial institutions, unifying data, marketing, sales, and compliance solutions. Last August, Polly enhanced its existing APIs, including its PPE Initial Lock, “to better accommodate lenders amid a contracting mortgage environment.”

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Opinion: The pros and cons of VA modernization bill

Housing Wire

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect. A fundamental change.

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Appraising Well in a Fast-Changing Market

Appraisal Buzz

I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions. The second thing, and most everyone who is tracking this data already knows this, is that this data and the indexes that spring from them are all lagging indicators of the health of a given market.

Appraisal 370
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Non-Arms Length Sales for Appraisers

Appraisal Today

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. By Dallas T.

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7 Top Tips for a Great Home Appraisal: A Checklist to Prepare Your Property

PennyMac

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

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When & How do Appraiser’s Adjust for Age?

Cleveland Appraisal Blog

Last week, a real estate agent asked me about how appraisers adjust for age. There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. That is, until one takes a closer look. Age is a good example. Now starts the wear and tear.

Appraisal 223
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28 real estate circle prospecting ideas, tips, tools & scripts

Housing Wire

Geographic targeting The core idea of circle prospecting is geographic targeting, where real estate agents focus their marketing and outreach efforts on a specific neighborhood or area. This could be in the form of market updates, home maintenance tips, community news, or other helpful information.