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With tech solutions and automation dominating more and more of the mortgage experience, the appraisalprocess can feel a bit dated, often causing significant slowdowns. HousingWire: Why should lenders consider appraisal modernization and how can it benefit borrowers?
“We’re having really high success using these products to expedite the purchase appraisal transactions compared to a traditional process.”. While the GSE requires users to go out and collect property data, there’s no appraisal needed in most circumstances after that data has been collected, cutting down on cycle time.
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 appraisalprocess, which isn’t simple to begin with, is becoming even more dynamic. We are a technology company first.
While his addition to the coveted 90-year-old club is welcomed news for nonagenarians and their families alike (not to mention his rabid fans), the logistics of that longevity include some serious discussions over estate planning. How Are Real Estate Appraisals Related to Estate Planning? Your availability for conducting the appraisal.
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