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Reshaping appraisals: Jaro’s high-tech solutions innovate the appraisal process in an evolving real estate market

Housing Wire

Jaro’s products are designed to offer new and improved solutions to help lenders tackle modern-day appraisals with pinpoint accuracy designed to eliminate bias and urban pricing discrepancies as homebuyers migrate between the suburbs and major cities. How does this impact lenders?

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Progress now or perfect later: Improving the appraisal process

Housing Wire

I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. housing cannot be accomplished with a focus on appraisal alone.

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CFPB Approves Rule to Ensure Accuracy in Home Appraisals 

Appraisal Buzz

An Overview of CFPB Efforts The new rule approved today mandates that businesses using these algorithmic appraisal tools implement safeguards to prevent data manipulation, maintain high levels of confidence in home value estimates, steer clear of conflicts of interest, and adhere to applicable nondiscrimination laws.

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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? You've found a home you love, put down an offer you're excited about, and the closing date is fast approaching. Now it's time for the home appraisal. We have you covered.

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Residential Appraisal Process for Home Buyers

National Association of Realtors

Understand home value, learn details about the appraisal process, borrowers rights, and more. Use this resource to become an informed home buyer.

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3 misconceptions about using AVMs in home equity lending

Housing Wire

Lenders with a strong sense of how to properly select and deploy the correct collateral valuation solution can create home equity lending programs that will continue to provide a steady stream of business, while also reducing their costs and time to close. Misconception #1: You need an appraisal every time you do a loan.

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What Lessons to Take Into the Appraisal Industry Post-COVID-19

Appraisal Buzz

With that said, appraisers are often tasked with having a knowledge of the local community and the local market — specifically how it affects the quality of a home. Everything from neighborhood sales to unique weather conditions plays a role in the appraisal process. That includes the appraisal process.

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