Chicagoland Appraisal Blog
MARCH 9, 2024
Sometimes consumers equate the appraisal inspection as a professional home inspection. Home Inspection A licensed home inspector performs a home inspection. Home inspections, which typically span hours, encompass various elements including electrical systems, plumbing, HVAC, roofing, and structural components.
Housing Wire
AUGUST 21, 2023
497 BOSSCAT 1,175% 2018 Digitizing home inspection data to create instant repair estimates for homeowners and real estate professionals. 533 ReBuilt 1,096% 2015 Vertically integrated marketplace helping homeowners sell their unwanted property and real estate investors find great off-market deals. 4,105 FirstCloseFirstclose.
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Housing Wire
JULY 12, 2022
Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.
McKissock
JULY 20, 2021
Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.
Housing Wire
OCTOBER 26, 2020
Since launching in 2015, Xome has become a one-stop-shop for the entire real estate experience connecting every major touchpoint in the transaction process, from finding a home to closing the loan. Inspex solves an issue unique to 2020 by adding flexibility for homeowners who may not be comfortable with a vendor in-home inspection.
Housing Wire
JUNE 27, 2023
By resolving common issues that arise during the appraisal process, such as payment, inspection scheduling, and status updates, the Reggora platform enhances the borrower’s experience. “We are excited about the integration of our platform with Lender Toolkit’s AI Underwriter.
Appraisal Buzz
OCTOBER 14, 2024
Today, new technology can assist appraisers, AMCs and lenders with visual inspection, analysis, and intelligence to validate information, detect issues, and derive data-backed insights on every loan. Processing speeds have increased by a factor of 10 since 2015, to 1.9 It can also accelerate the review process.
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