Appraisal Buzz

JULY 15, 2024

Fannie Mae and Freddie Mac are not designing the software for the future, but they have provided the specification for the Uniform Appraisal Data set (UAD) they want to receive. It is up to appraisal software companies to develop solutions to provide this specific data set.

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Appraisal Design Appraisal Process Valuation 363

Housing Wire

AUGUST 31, 2021

In today’s mortgage industry, many organizations have a unique real estate appraisal process that fits their exact business model. Unfortunately, most valuation management technologies follow a one-size-fits-all approach, making it difficult for mortgage lenders, credit unions, AMCs and appraisal firms to work together.

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Appraisal Appraisal Process Real Estate Valuation 281

Housing Wire

AUGUST 31, 2020

This model allows lenders to work the way they want to, whether they manage appraisals in-house, use an AMC or do a combination of both, without waiting for customizations or IT departments. SNAPSHOT: EVO is cutting-edge appraisal technology featuring purposeful departures from outdated yesteryear processes of older platforms.

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Housing Wire

JANUARY 25, 2022

Digging into the workflow technology a bit further, it’s going to become increasingly important for appraisal management systems to have built-in flexibility for managing new types of workflows. The appraisal process, which isn’t simple to begin with, is becoming even more dynamic.

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Appraisal Buzz

AUGUST 8, 2022

Fannie Mae has long allowed and encouraged the participation of trainees in the appraisal process. More details on trainee participation can be found on page 3 of our December 2021 Appraiser Update newsletter. From the outset, appraiser trainees have already taken at least 78 hours of education to qualify for trainee licensure.

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Housing Wire

APRIL 27, 2021

.” The GSEs have been working to gather feedback on their proposed ideas and approach to appraisal reporting formats from various industry stakeholders for the past couple of years. Based on these classifications, additional information would be input. No doubt, investment in modernization is needed in the appraisal process.

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Housing Wire

SEPTEMBER 23, 2021

Others don’t provide appraisers with accurate enough data. Incenter Appraisal Management’s new remote appraisal inspection tool streamlines the appraisal process while ensuring appraisers stay in control of the inspection and data collection. Incenter recognizes the complexity of the appraisal process.

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DataMaster

FEBRUARY 3, 2021

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Many appraisers share Horn’s concerns.

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Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

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Miller Samuel

APRIL 27, 2019

After years of AMCs chipping away at the public trust, the New York AMC law was designed to protect the consumer. Becky Jones sat on the Legislative steering committee at NYSAR and informed them about the bill. There is no mandatory licensing so agents and brokers can perform appraisals and BPOs all day long.

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Cleveland Appraisal Blog

AUGUST 25, 2022

This should include repairing any structural damage or major systems before you think about design. Cleveland Appraisal Blog offers a wealth of free information on every aspect of the appraisal process. When you’re figuring out how much money you can put into your property, don’t forget to calculate renovations.

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Appraisal Partners Blog

JANUARY 20, 2025

But what exactly is a residential appraisal, why is it necessary, and what factors influence the final valuation? This article will break down the complexities of the appraisal process, providing you with the essential knowledge to navigate this critical aspect of real estate transactions with confidence.

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Appraisal Buzz

SEPTEMBER 1, 2021

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. We have designed a thoughtful mobile experience for beginners and industry experts alike,” states Capture Data Services’ President, Jon Forrester.

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Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. This information is then provided to the appraiser.

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Housing Wire

DECEMBER 7, 2023

Exam Prep: The Basic Prelicensing package features three e-books and a course manual designed to help you retain essential real estate concepts and prepare for the state exam. To take the online exam, you must read and submit the Candidate Information Bulletin as instructed on the application here.

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Cleveland Appraisal Blog

OCTOBER 29, 2021

To make this determination, the appraiser must first determine the Highest and Best Use of the land. However, related property deficiencies must be discussed in the sections of the appraisal report that address the improvements analysis and comments on the condition of the property. These are just a few. Photos from unsplash.com.

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Appraisal Buzz

MAY 31, 2022

The first includes development and use of processes to ensure regulatory and policy requirements are being upheld by the business unit originating mortgage products. Most lending appraisal review policies and procedures are formulated to comply with two sources.

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Birmingham Appraisal

JUNE 19, 2024

A confidential appraisal is of primary importance to homeowners who often express concern about the privacy of their appraisal report and who might have access to this sensitive information. The Confidentiality section specifically addresses the appraiser’s duty to protect client information.

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Birmingham Appraisal

NOVEMBER 8, 2022

What Information Is Included In A Real Estate Appraisal Report? This is a question I often get when someone is ordering an appraisal. I perform appraisals for multiple reasons, including estate planning , probate , divorce , PMI cancellation , pre-listing , and pre-purchase. Appraisal Process.

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Simonson Real Estate

SEPTEMBER 16, 2021

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. As appraisers’ we assemble facts, statistics, and other information on a specific property.

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AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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Appraisal Process Appraisal Property Taxes Sellers 36

Appraisal Buzz

OCTOBER 25, 2021

It was great to be getting back to normal and to behaving as the social animals we were designed to be. The appraisal industry was front and center at this show and most of the appraisal discussion centered around three specific topics: Technology, Trainees, and Diversity. Appraisal Technology was front and center at this show.

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Sammco Real Estate Appraisal Group

MARCH 19, 2015

This lets the appraiser know you are serious about the person you are hiring. If they won’t share this information with you this is a red flag and you should consider calling someone else. Save yourself some time and tell them you’ll need that information before you can speak with them any further.

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D Fritz Appraisals

NOVEMBER 16, 2023

A home appraisal is a legal document that determines fair market value for a property. The appraisal process includes an inspection of the property and research of comparable properties in the local area by a qualified professional. Does the land have subdivision potential or is the home designated a heritage property?

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Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. This information is then provided to the appraiser.

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Appraisal Inspection Appraisal Process Valuation 78

Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. This information is then provided to the appraiser.

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Appraisal Inspection Appraisal Process Valuation 78

McKissock

MARCH 22, 2022

Here are five tips for appraising green homes that you can use as guidance. You must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. Download this free ebook to learn the ins and outs of this growing appraisal niche.

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Birmingham Appraisal

AUGUST 2, 2023

In this guide I put together, I’ll share the key factors to consider when hiring a real estate appraiser in the Birmingham, Alabama area or wherever you live to help you make an informed and confident choice. Certification and Licensing Appraisal standards and regulations are vital to maintaining the integrity of the profession.

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The Robert Weiler Company

MAY 14, 2021

The following guide walks readers through all the definitional terms involved in the estate planning and real estate appraisal process (also referred to as an appraisal for estate planning purposes) and how best to prepare when, eventually, we will all boldly leave this Earth. Information Necessary To Perform the DOD Appraisal.

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Real Estate Appraisal Legal Valuation 133

Birmingham Appraisal

NOVEMBER 20, 2024

Blogging provides me a creative outlet to help educate the public on the appraisal process. If you had told me in 2010 that I would still be writing my appraisal blog 14 years later I would have said you were crazy, but here I am. The information that Zillow uses to base its value estimate on is not always accurate.

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AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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Clear Capital

MARCH 30, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Clear Capital ® , a national real estate valuation technology company, has announced the launch of Desktop Appraisal and Desktop Data Collection , two products designed to further modernize and increase certainty in the appraisal process.

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Realvals

JUNE 18, 2023

An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process. Beyond these most common scenarios, appraisals have numerous other use cases. This is also incorrect.

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D Fritz Appraisals

OCTOBER 11, 2022

Read on for more information about how a home appraiser determines the value of your property. What is a Home Appraisal and Why is it Important? A home appraisal is a legal document containing information that determines the current fair market value of a new or existing property.

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Sammco Real Estate Appraisal Group

SEPTEMBER 15, 2015

Appraiser websites should be designed to help you understand the appraisers experience and specialties, what areas they cover and any additional information that will be helpful in making your decision on who to hire. Here are a few easy steps you can take to identify the best Orange County Real Estate Appraiser.

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Clear Capital

DECEMBER 15, 2021

New technology furthers Clear Capital’s efforts to modernize the appraisal process. The technology was developed by Clear Capital’s data science team to further streamline the appraisal process and equip lenders with technology that powers low-risk, high-quality decisions.

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