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Making a modern home from a tract home

Sacramento Appraisal Blog

This owner transformed a tract home built in 2002 into something with serious Midtown modern vibes. How do we value something when it has really […] The post Making a modern home from a tract home first appeared on Sacramento Appraisal Blog.

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What is Appraisal Modernization? Pt 13

George Dell

The word “modernization” has a meaning different from what I thought. The dictionary definitions and explanations focus on the social and even political aspects of […] The post What is Appraisal Modernization? It seems to depend on who is using the word. To me, it just meant “get with it!”

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Lenders see appraisal modernization as a top priority

Housing Wire

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. Lenders surveyed also think that modernizing appraisals could help enhance appraiser capacity and lower borrower costs.

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Valuation Modernization and Appraisers

Appraisal Buzz

Today’s Buzzcast interview is with Cristy Conolly, EVP of Valuation Modernization at Class Valuation. The post Valuation Modernization and Appraisers appeared first on Appraisal Buzz. What can we expect in the coming years for the appraisal industry? What are the current market trends? Email comments@appraisalbuzz.com.

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Is Appraisal Modernization Stymied?

George Dell

Modernization means bring in modern methods. The post Is Appraisal Modernization Stymied? What are they? Why aren’t they here? Is it really that hard? We have big financial resources. We have motive. We have huge organizations in place. And we have regulatory clout! Competing valuation products, like AVMs (Automated […].

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House passes bill to modernize VA appraisals

Housing Wire

This legislation is an important first step towards broad modernization of VA appraisal processes and could make veterans’ home purchase offers more viable in today’s competitive housing market.”. The post House passes bill to modernize VA appraisals appeared first on HousingWire. A companion bill in the Senate, introduced by Sen.

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CHLA: Here’s how to modernize ‘short-changed’ Ginnie Mae

Housing Wire

The Community Home Lenders of America (CHLA) on Wednesday released a plan that it says would “modernize” Ginnie Mae , the government-owned company that manages the securitization of government-sponsored loans.