Appraisal Hub

NOVEMBER 30, 2023

In the bustling real estate market of Toronto, understanding the true value of your residential property is more crucial than ever. Whether you’re considering selling your home, refinancing your mortgage, or simply looking to understand your property’s market value, a professional residential appraisal is the key.

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Kairos Appraisal Services

MARCH 9, 2023

When purchasing a home with a mortgage or refinancing, the transaction may require that a home appraisal inspection be done. This is because appraisals assure the lender that they are not issuing mortgages for more than what residential properties are worth.

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The Robert Weiler Company

SEPTEMBER 16, 2021

With the global economy rebounding from its pandemic lows, residential and commercial property hunters are again on the prowl, eager for exciting opportunities at optimal prices. And how does the real estate appraisal process work? Residential vs. Commercial Property Appraisal and Their Differing Review Process.

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Kairos Appraisal Services

SEPTEMBER 27, 2023

At Kairos Appraisal, we take pride in providing an efficient and streamlined appraisal process that benefits our borrowers, our lending partners, and most importantly our appraisers. At Kairos… The post Kairos’ Innovative Tools for Residential Appraisers appeared first on Kairos.

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Appraisal Hub

AUGUST 13, 2021

Most people approach an appraisal company in Toronto when preparing to buy or sell a home. Understanding the appraisal process is important if you want to get the most from it. Here’s a short guide on the basics you need to know about residential appraisal services and working with an appraiser. Appraisal Hub Inc.

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Birmingham Appraisal

JUNE 7, 2023

Appraisers Helping Accountants In the realm of real estate transactions, residential appraisers play an important role in providing accurate valuations. Appraisers also offer valuable support to accountants by providing crucial insights and data for various financial purposes.

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Housing Wire

FEBRUARY 12, 2024

The Federal Financial Institutions Examination Council (FFIEC) on Monday issued a statement outlining examination principles related to valuation and appraisal discrimination or bias in residential lending. These standards can harm a residential lender beyond any identified violations, the statement explained.

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Appraisal Buzz

APRIL 15, 2024

By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. It all starts with the standard appraisal forms used in the mortgage process.

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Housing Wire

DECEMBER 15, 2022

Class Valuation , one of the largest appraisal management companies in the U.S., It’s picked up PropertyVal , a Maine-based AMC that is among the largest independent residential appraisal firms in the state. “We billion real estate appraisal services market has cumulatively grown by 32% since 2008.”.

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Appraisal Today

JUNE 3, 2022

Residential Appraisals and Airbnb Income? State appraisal boards ARE disciplining appraisers across the country for improperly using the business income (Short term Rental – STR) from Airbnbs on the residential 1007 Fannie Mae form. Appraisal Business Tips . Humor for Appraisers.

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McKissock

MAY 28, 2021

Below are five residential market analysis tools for appraisers that you may find useful for building faster, more credible reports. Plus, join us on Wednesday, June 16, 2021 for a Pro-Series webinar titled “Using Excel for Residential Market Analysis.” ” Spark. Learn more at sparkforappraisers.com. DataMaster.

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Housing Wire

APRIL 17, 2024

That includes the nation’s top homebuilders ( DR Horton and Lennar ), mortgage originators ( United Wholesale Mortgage and Rocket Mortgage ), brokerages ( Anywhere and Compass ) and residential search portals ( Zillow and CoStar , which owns Homes.com ). There are other dynamics at play for some of these companies, however.

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AmeriMac

FEBRUARY 28, 2022

One of the most important aspects of the real estate market is also the one that most people don’t spend too much time thinking about: real estate appraisals. Any type of appraisal serves a crucial purpose: accurately determining the value of the property in question. What Are Residential Appraisal Services?

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AmeriMac

FEBRUARY 28, 2022

One of the most important aspects of the real estate market is also the one that most people don’t spend too much time thinking about: real estate appraisals. Any type of appraisal serves a crucial purpose: accurately determining the value of the property in question. What Are Residential Appraisal Services?

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Housing Wire

JANUARY 23, 2024

With the acquisition , Consolidated Analytics expands its valuation solutions, offering clients tools — from data and analytics to appraisals — to predict market value and access a more comprehensive selection of collateral assessment products, the company said. . — a provider of property data and valuation technology solutions.

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Housing Wire

JUNE 9, 2023

The proposed guidance advises on policies that financial institutions may implement to allow consumers to provide financial institutions with information that may not have been considered during an appraisal or if deficiencies are identified in the original appraisal ,” the announcement states.

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Appraisal Buzz

JULY 13, 2021

There are many reasons why appraising green homes is recommended for residential real estate appraisers. For one, green residential properties are gaining popularity throughout the U.S. The post How to Specialize in Appraising Green Homes appeared first on Appraisal Buzz. Step 1: Become a certified.

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Housing Wire

NOVEMBER 15, 2023

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect , formerly a subsidiary of mortgage technology company Mortgage Connect LP. In early 2022, the company acquired Detroit-based AMC Metro-West and its subsidiary Valuation Link. metro markets.

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Housing Wire

SEPTEMBER 22, 2023

Timely, cost-effective and more accurate property pricing estimates are an important part of any institution’s strategy to help minimize risk in residential markets. To help homeowners explore their home equity options, lenders, investors and others in the industry should consider leveraging tech-backed services.

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George Dell

APRIL 12, 2023

Appraiser credibility continues to decay over time. Even during the great runup in prices, and now the spotty, often rapid rundown in prices – residential appraisers mostly turned a blind eye to the need for this critical “time adjustment.” Non-residential appraisers have yet to see the coming value shifts.

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Housing Wire

MARCH 15, 2023

Seelig will focus on assisting the organization in their mission of providing financing to the residential mortgage market, Almodovar added. residential real estate mortgages. It approved six firms to handle a new valuation initiative that cuts traditional appraisers out of the process. Fannie Mae currently backs nearly $4.1

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George Dell

NOVEMBER 15, 2023

EBV© (Evidence Based Valuation) is the future of professional appraisal. EBV is the best response (and advantage) to the dramatic changes in residential appraisal practice. Change in the nature of commercial/industrial valuation will follow, as it usually does. Editor’s Note: This is Standards, part 3.18

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Housing Wire

MAY 2, 2022

Seattle, Washington-based real estate valuation company True Footage announced the acquisition of Spark for Appraisers , an appraisal technology firm. Spark for Appraisers sells data infrastructure software to appraisers to produce faster and more reliable appraisals. Terms of the deal were not disclosed.

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Housing Wire

JULY 5, 2022

As the industry continues its push toward appraisal modernization, including the adoption of desktop and hybrid appraisals, we want to make it easier for everyone involved to adopt the technologies behind this shift,” said Kenon Chen, executive vice president of corporate strategy at Clear Capital. “As

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Housing Wire

OCTOBER 29, 2021

JPMorgan Chase recently donated $3 million to the Appraiser Diversity Initiative , putting its financial support behind a growing movement to bring more diversity to the residential appraisal field. We need new, diverse talent to join the appraiser industry and we’re hopeful that these scholarships will help pave the way.”.

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Housing Wire

JANUARY 12, 2023

Department of Housing and Urban Development (HUD) has begun developing a process for borrowers seeking Federal Housing Administration (FHA) financing to request an appraisal review when they suspect racial bias. . “We The group created an action plan representing a wide-ranging set of equity reforms to the home appraisal process.

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Housing Wire

OCTOBER 27, 2021

Between a pandemic and record-breaking origination volume, the appraisal industry has never had to be as nimble as it is now. In an effort to keep homeowners safe while also still providing quality valuations, appraisers have been leaning heavily on technology for the past year and a half. appeared first on HousingWire.

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Appraisal Buzz

MARCH 22, 2024

About 1.782 million residential properties were delinquent (30 days or more past due but not in foreclosure) in February, a decrease of about 21,000 compared with the previous month and down about 29,000 compared with a year ago. Overall, the report paints a picture of ongoing strong loan performance.

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Appraisal Buzz

AUGUST 23, 2021

Residential real estate finance specialist bolsters its offerings via the acquisition of mortgage and IT outsourcing services provider. The post SitusAMC Integrates Assimilate Solutions appeared first on Appraisal Buzz. The post SitusAMC Integrates Assimilate Solutions appeared first on theMReport.com.

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Appraisal Buzz

APRIL 22, 2024

Ashley Jelinek is the new CEO of Corporate Settlement Solutions (CSS), a regional provider of residential and commercial real estate settlement solutions. The post Corporate Settlement Solutions Appoints Ashley Jelinek CEO appeared first on Appraisal Buzz. Ashley had been chief operating officer of CSS since 2015.

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Housing Wire

JULY 13, 2023

Lat month, the Federal Housing Finance Agency (FHFA) published its Q1 2023 data for the Uniform Appraisal Dataset (UAD) Aggregate Statistics, and has included new statistics and property characteristics in its Data File and Dashboards. Combating appraisal bias has been a key focus of the housing agenda for the Biden administration.

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Housing Wire

MARCH 20, 2024

Ally Home , the residential mortgage lending arm of Ally Bank , is offering a $5,000 grant for eligible homebuyers in the select markets of Charlotte, Detroit and Philadelphia, the company announced on Tuesday. The upfront lump sum can be applied toward a down payment, closing costs or other expenses related to the homebuying process.

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Appraisal Buzz

JANUARY 31, 2022

Opteon is looking for certified residential and commercial appraisers to join our team. In this fast-paced, deadline-driven industry, we empower our appraisers to work smarter, not harder. By empowering appraisers in the field, Opteon has trimmed down the average turn time in Australia and New Zealand from 12 days to 2 days.

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Housing Wire

JANUARY 10, 2024

The median agent in the study’s result, by contrast, had two sales per year, leading the study’s author, CFA senior fellow Stephen Brobeck, to conclude, “the residential real estate industry is clearly a part-time industry.”

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Housing Wire

OCTOBER 4, 2023

This is likely because rates of nonpayment from both commercial and residential tenants skyrocketed during the pandemic. Unlike in the construction industry, the BDS data does not distinguish between residential and non-residential, so it is unclear how residential lessors fared relative to retail, office, etc.

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George Dell

FEBRUARY 15, 2023

This is mostly a residential concept. For non-residential appraisal the focus is often a “district” – a group of similar property uses. Editor’s Note: This is Part 6 of the series on Neighborhood. We’re told we should analyze a neighborhood. Rather than a group of complementary uses.)

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Boston Appraisal

APRIL 18, 2024

Mixed-use developments, which integrate residential, commercial, and sometimes industrial components within a single project, represent a modern approach to urban planning. However, appraising such complex properties presents unique challenges and opportunities for real estate professionals.

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