Housing Wire

MAY 24, 2022

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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Housing Wire

MARCH 23, 2021

AA: The past year saw a rapid evolution in appraisal management technology. With the onset of the pandemic, the GSEs introduced temporary flexibilities to the appraisal process which enabled the path for major advancements in 3D scanning, guided inspection applications and data-driven solutions.

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Housing Wire

SEPTEMBER 23, 2021

Remote inspections have the power to make homeowners and appraisers more comfortable. Others don’t provide appraisers with accurate enough data. While the immediate need for remote appraisals began in 2020, it soon became clear that these processes were here to stay.

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Housing Wire

MARCH 3, 2023

The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement. UDC is supported by ClearInsight Platform , Clear Capital’s mobile property data collection application, which allows real estate professionals to generate digital pictures of homes in a short span of time.

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Housing Wire

JULY 22, 2024

Well established and effective quality control programs contribute to community stability by promoting responsible lending practices and ensuring the accuracy of the data obtained through the property appraisal process.

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Appraisal Buzz

JANUARY 24, 2022

Join us for our upcoming webinar on January 25th at 2 pm, “ The Future of Desktop Appraisals ” with Joshua Walitt and Mark Walser! Learn about all of the new features in RemoteVal – a free inspection app for appraisers! Buzz : What is your background in the appraisal industry? Buzz : What is RemoteVal?

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Appraisal Buzz

MARCH 21, 2022

Join us for our upcoming webinar on March 22 nd at 2 pm, “ Appraiser-Controlled Desktop and Remote Valuations ” with Mark Walser and Lisa Ratzke! Learn about all of the features in RemoteVal – a free inspection app for appraisers. Buzz : What are some examples of new technology and the need for it in the appraisal industry?

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Housing Wire

NOVEMBER 22, 2023

As we’re implementing technology, we always try to think of things that are going to improve the experience for all stakeholders: homeowners, real estate agents, investors, rating agencies, appraisers, loan officers, mortgage brokers. Everybody is affected by the appraisal process. SW: What keeps you up at night?

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Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. The process today is limited by a number of structural constraints, according to Scott Reuter, Single-Family chief appraiser at Freddie Mac.

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Housing Wire

AUGUST 21, 2023

Year Founded Description 98 OptiFunder 4,767% 2018 Finance company helping independent mortgage lenders choose among funding options and streamline the process. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. Source: Inc.

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McKissock

JUNE 17, 2022

Below are five remote inspection tools worth looking into. Rather, our intention is to provide appraisers with a sampling of currently-available remote property inspection tools so they can consider the potential benefits of integrating such tools into their appraisal process. Anow Walkthrough.

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Housing Wire

OCTOBER 26, 2020

When COVID-19 complicated the appraisal process, Xome was able to direct its lender clients to its contactless valuation option via a mobile app. Inspex solves an issue unique to 2020 by adding flexibility for homeowners who may not be comfortable with a vendor in-home inspection.

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Appraisal Buzz

FEBRUARY 7, 2022

The onset of the Covid-19 pandemic in 2020 introduced two new appraisal labels – the Exterior-only Appraisal and the Desktop Appraisal. Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. Appraisers rely on standards of practice and processes.

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Housing Wire

MAY 31, 2021

Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery. Using SCOUT, homeowners, inspectors, real estate agents and appraisers can collect property data on a mobile device.

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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 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

AUGUST 12, 2024

There will be many more data elements related to the inspection. Using a mobile device for inspections will be a must in the future. Appraisers can prepare for this change by using those tools right now. All the major software vendors have mobile applications for the current forms and process.

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Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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DW Slater Company

FEBRUARY 24, 2022

As technology has evolved we have much greater access to data and appraisers are learning to adapt and use this technology. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. The appraiser may be able to use remote tools to view or sketch the property.

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AmeriMac

DECEMBER 31, 2024

Second, it helps keep the process moving, so buyers and sellers aren’t frustrated with delays. Also, lenders can make quick decisions when the appraisal process is fast. The Impact of Turn-Time on Real Estate Transactions The time it takes to finish an appraisal affects the whole real estate process.

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AmeriMac

MAY 30, 2024

Traditionally, appraisals required physical inspections of the property, where appraisers would visit the site to assess its condition and gather relevant data. This process is conducted entirely at the appraiser’s desk, hence the name “desktop appraisal.”

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Appraisal Partners Blog

JANUARY 12, 2025

From digital data collection to sophisticated analytical software, technology is reshaping how appraisals are conducted, impacting both the speed and accuracy of valuations. Its important to understand how technology is impacting the industry, and to see how its creating a more efficient and accurate valuation process.

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Birmingham Appraisal

APRIL 4, 2023

For example, a data collector may not be aware of the hundreds of items that an appraiser observes during an appraisal inspection. They may not notice the multitude of items that a trained appraiser checks during one of their appraisal observations.

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Cleveland Appraisal Blog

JANUARY 13, 2022

I know of some appraisers who do not measure the properties they appraise, even though they are expected to when making a physical observation (inspection). That’s the same reason many of our clients require that we make a physical inspection and measure the improvements of the property we are appraising.

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AmeriMac

JANUARY 30, 2024

The significance of Reverse Mortgage Appraisal In the context of reverse mortgages, a crucial aspect is ensuring that the property’s value aligns with the loan terms, making the reverse mortgage appraisal process significant. This professional and attentive approach guarantees the accuracy and reliability of the appraisal.

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DW Slater Company

FEBRUARY 24, 2022

As technology has evolved we have much greater access to data and appraisers are learning to adapt and use this technology. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. The appraiser may be able to use remote tools to view or sketch the property.

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Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

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Birmingham Appraisal

AUGUST 23, 2023

Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations. The Power of Pre-Appraisal Preparation: Agents preparing properties for appraisals can have a significant impact on the outcome.

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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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Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. What is a desktop appraisal? Desktop appraisal meaning and definition.

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Housing Wire

DECEMBER 7, 2023

Students chose the school for its offering of live instruction classes for salespersons, brokers, appraisers, mortgage, and home inspection courses at various locations and convenient times, including weekend classes. Select from seven 2-hr, ala carte courses Complete CE Package for $50: Required 12 hrs of coursework.

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Clear Capital

SEPTEMBER 21, 2021

Efforts to increase consistency and accuracy in the property data collection and inspection process should be celebrated, and are key to improving public trust in the appraisal process. It’ll also help build confidence in the accuracy of hybrid appraisals. You might be thinking, “Wait, what’s ClearInsight again?”

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Birmingham Appraisal

FEBRUARY 20, 2024

From an appraiser’s perspective, I know that we work with agents to make sure the appraisal is done in a timely manner with the most accurate information possible. While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did.

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Clear Capital

MARCH 2, 2023

When a lender receives loan eligibility for agency loan programs that allow for an inspection-based appraisal waiver, UDC ensures fast and accurate collection and submission that meets both Freddie Mac and Fannie Mae data standards. Our goal is to provide customers with a complete understanding of every U.S.

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McKissock

JULY 28, 2022

A redesigned, dynamic URAR will replace the numerous and separate appraisal forms and can be used for different property types, such as two-to-four units, condominiums, manufactured homes, and for different scopes of work, such as interior and exterior inspections, updates, and completion assignments.

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East Coast Appraisal

AUGUST 22, 2023

An appraisal can help you determine the fair market value of your property, negotiate a better deal, or secure a favorable loan. However, getting an appraisal is not as simple as calling an appraiser and scheduling a visit. Discover some tips on how to prepare for a commercial property appraisal.

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Clear Capital

MAY 10, 2023

These alternative valuation initiatives are a gateway to a modern appraisal process, as they reduce origination times, reduce costs and provide a better experience to our borrowers,” said Aqil Ahmed , SVP of Operations at ValueLink. Our goal is to provide customers with a complete understanding of every U.S.

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