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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. Worse yet, appraisers often rely on automated reporting tools that can’t flag bias.

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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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3 misconceptions about using AVMs in home equity lending

Housing Wire

However, many lenders have issues building profitable home equity programs due to some misconceptions about handling valuations in a way that ensures they are underwriting quality loans. Misconception #1: You need an appraisal every time you do a loan. Misconception #2: AVMs are not an accurate way to gauge home value.

Lending 417
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CFPB Approves Rule to Ensure Accuracy in Home Appraisals 

Appraisal Buzz

A new rule was passed by the Consumer Financial Protection Bureau (CFPB) to address the use of artificial intelligence and complicated algorithms in home valuations, both now and in the future. A proper home appraisal is essential whether purchasing or selling a property.

Appraisal 391
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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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“Post-COVID-19 Home Values & Valuation” panel session

Clear Capital

Watch our panel session from IMN Jumbo Mortgage Loan Virtual Symposium to hear the panelists discuss housing market trends, changes in the appraisal process, forecasting home prices, and how housing migration is affecting the jumbo market.

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Appraisal 101: Key Facts You Might Not Know

Birmingham Appraisal

Brush Up On Your Appraisal Knowledge Most people have a basic understanding of the appraisal process. If you’ve ever purchased a home or refinanced your mortgage you’ve most likely had to get your home appraised. This commitment to objectivity is important to the appraisal process.