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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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ClearValue teams with Restb.ai to bring computer vision to appraisal process

Housing Wire

“Our goal has always been to provide clients with the most advanced, efficient and reliable tools available,” ClearValue CEO Don Juhl said in a statement. “By By integrating Restb.ai’s technology into Certainty, we are taking a leap forward in appraisal modernization. general manager of valuations, said in a statement.

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Best practices to speed up the appraisal process

Housing Wire

“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.

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Clear Capital launches appraisal tool to speed photo review

Housing Wire

Appraisal management company Clear Capital , in the latest effort to revamp the appraisal process, hopes to automate property photo reviews to ensure data and photo consistency with its photo review product , ClearPhoto. United Wholesale Mortgage also hopes to make its stamp on the appraisal space.

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Balancing Art and Science in the Evolving Appraisal Industry

Appraisal Buzz

The emergence of more advanced data tools and analytics has been a game-changer for the industry. With these advances in technology, the appraisal industry is transitioning toward a more scientific, data-driven approach. Appraisers complete an appraisal 42% faster after inspection when using JaroInspect.

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Lenders see appraisal modernization as a top priority

Housing Wire

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. One mid-sized lender echoed the opinion of others that appraisals still take too long.

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Jaro’s journey to increase appraisal accuracy

Housing Wire

It solves the pain point of inefficiencies in the mortgage industry’s appraisal process by providing an end-to-end solution, integrating vendor payments and compliance checks into a single platform. Ascent Software Group continues to work on updates to Jaro’s software to help further improve the appraisal process.

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