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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. Here’s a quick list of what you should look for in an AMC: They’re licensed in the state where the mortgaged property is located.

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. Here’s a quick list of what you should look for in an AMC: They’re licensed in the state where the mortgaged property is located.

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Decoding Property Appraisal for REO Properties

AmeriMac

These properties are typically owned by banks or government agencies, aiming to sell them quickly to recover losses. The unique circumstances surrounding REO properties require specialized handling during the appraisal process, considering factors like extensive repairs, market trends, and quick-sale pricing strategies.

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Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

Here are several of the scenarios I asked the audience to contemplate: The appraiser determines physical characteristics of the subject structure from limited-data county records, recent family photos showing two rooms, and a 15-year old appraisal.