Genworth MI Blog

AUGUST 15, 2019

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. You have to make sure the person doing the desktop appraisal knows the local market– that’s your responsibility as a lender.

Appraisal Tips 78

Appraisal Tips Appraisal Property Inspector Training 78

D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

Appraisal 110

Appraisal Inspection Property Taxes Easement 110

AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

Appraisal Process 28

Appraisal Process Appraisal Property Taxes Sellers 28

Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. On a more positive side, I have done thousands of drive by appraisals since 1986.

Appraisal 94

Appraisal Training Inspection Real Estate 94

Sammco Real Estate Appraisal Group

SEPTEMBER 15, 2015

Licensed appraisers are required to complete continuing education every two years. This training is expensive and some appraisers skip this education to save money if they are not doing mortgage work. It’s also important to make sure that the appraiser’s license and E&O Insurance is attached to the completed appraisal.

Appraisal 60

Appraisal Appraisal Process Loan Officers Inspection 60

California Home Appraisals INC.

SEPTEMBER 22, 2014

Experience and knowledge should typically be your top concerns when hiring an appraiser and working through the appraisal process. Most standard and non-complex properties can typically be sufficiently serviced by appraisers with at least about 5 years of experience. Are You A Full-Time Appraiser?

Appraisal 78

Appraisal Appraisal Process Lending Real Estate 78

East Coast Appraisal

SEPTEMBER 26, 2023

The appraisal process is critical to real estate transactions. Qualification and Licensing Ensure the real estate appraiser is qualified and licensed. Property appraisers use several forms of insurance coverage to protect their business.

Real Estate 52

Real Estate Appraisal Property Appraisal Insurance 52

McKissock

OCTOBER 30, 2020

Learn how to effectively use Excel PivotTables and PivotCharts for sorting and analyzing appraisal data. The Appraisal Story: Writing Reports with Meaningful Content. Completing the appraisal process is only half the job. Just like any piece of technical writing, appraisal reports must contain certain required components.

Appraisal 54

Appraisal Insurance Clients Real Estate 54

McKissock

FEBRUARY 25, 2022

Approach to the appraisal process. Appraisal specializations. ” “As a 38-year-old student and appraiser in training I bring a fresh perspective from other industries and many years of fresh life experience and completely unadulterated perspective of the appraisal industry.”

Real Estate 78

Real Estate Appraisal Easement Inspection 78

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Today, many newer commercial appraisers start with large companies, especially large brokerages. Others are not.

Appraisal 89

Appraisal Contracts Training Architecture 89

Appraisal Today

APRIL 12, 2024

Tax Appeal Support: When there is a challenge to a tax assessment, a desktop appraisal may be used to provide a current market value. Insurance purposes: Lenders or other clients may order desktop appraisals for insurance purposes to determine the property’s replacement cost or insurable value.

Appraisal 86

Appraisal Construction Contracts Architecture 86

AmeriMac

APRIL 15, 2023

When it comes to qualifications, commercial appraisers undergo additional training and require more experience than residential appraisers in order to obtain these credentials. The appraisal process takes into account the potential earning power of the property.

Real Estate 36

Real Estate Appraisal Valuation Property Taxes 36

Housing Wire

MAY 1, 2024

Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) announced a new policy on Wednesday that will enable mortgage borrowers to “request a re-assessment of the appraised value of their property if they believe that the appraisal was inaccurate or biased,” according to an announcement from HUD.

Reconsideration of Value 476

Reconsideration of Value Appraisal Valuation Realtors 476

Walitt Solutions

JULY 28, 2019

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.

Appraisal 28

Appraisal Inspection Valuation Lending 28

Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. Jeff Allen.

Sellers 69

Sellers Agents Real Estate Appraisal 69

Housing Wire

JULY 29, 2021

How to reduce appraisal turn times and improve the borrower experience. To streamline the appraisal process, Voxtur has launched a new workflow with better data and mobility to improve customer satisfaction. The Appraisal Institute has stopped short of saying that there is systemic racism within the industry.

Appraisal 545

Appraisal Valuation Training Law 545

Appraisal Today

NOVEMBER 22, 2024

Newz: New URAR Training, “Death Stairs”, Catastrophe and Climate Risk November 22, 2024 What’s in This Newsletter (In Order, Scroll Down) LIA Buyer says value too high The Rise of the ‘Death Stairs’! As appraisers we are trained to look at the past (comps). But if you always look at the past, you can’t see the future.

Appraisal 89

Appraisal Training Contracts Mortgage 89

Appraisal Today

MARCH 28, 2025

But our training must govern here and force us to ask the question, Does this adjustment protocol reflect current market verities? Using only an annual increase (Like most of us were trained to do) is not very accurate. Tim writes, teaches USPAP and advises appraisers on how to do better reports. times 42-days or $5,523.

Appraisal 61

Appraisal Contracts Business Reconsideration of Value 61