Remove 2016 Remove Appraisal Process Remove Inspection
article thumbnail

Most good things change, and most change is good!

Appraisal Buzz

We all have seen the buzz phrases: appraisal modernization, bifurcation, data collectors, desktop and hybrid appraisals, and observation (rather than Inspection). Some of these have been around for many years. Think of it like a dental hygienist cleaning your teeth with the dentist checking and approving the work.

article thumbnail

Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

Year Founded Description 98 OptiFunder 4,767% 2018 Finance company helping independent mortgage lenders choose among funding options and streamline the process. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. Source: Inc.

Insiders

Sign Up for our Newsletter

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

article thumbnail

FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

For example, appraisal turn time has swelled 65% from 2018, according to recent data published by Freddie Mac. Appraisal costs have also soared 24% since 2016, according to the Freddie Mac data. Appraiser shortage. Navigating appraisal challenges in today’s housing market. Presented by: PCV Murcor.

Appraisal 370
article thumbnail

PropMix and Capture Data Services Partner to Simplify Bifurcated Appraisals

Appraisal Buzz

This partnership will reduce the friction in the bifurcated appraisal process by enabling a seamless integration of property inspection data and analytics in appraisal workflows. PropMix was founded in 2016 and is headquartered in New York.

Appraisal 195
article thumbnail

Do I really need an appraisal?

Padove Appraisal Service

In short, any reliable valuation of a home requires the expertise of a local appraiser. A current program to eliminate use of appraisals in mortgage lending was introduced in 2016 by the Federal National Mortgage Association (FNMA, or commonly referred to as Fannie Mae). This doesn’t have to be part of the mortgage process.

article thumbnail

7 best real estate schools in Massachusetts for 2024

Housing Wire

Students chose the school for its offering of live instruction classes for salespersons, brokers, appraisers, mortgage, and home inspection courses at various locations and convenient times, including weekend classes. Select from seven 2-hr, ala carte courses Complete CE Package for $50: Required 12 hrs of coursework.

article thumbnail

How To Appraise Rural Properties

Appraisal Today

Urban, Suburban, Rural in Appraisals Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! USPAP does not require use of the specific term “personal inspection”. Answer: No.