Appraisal Process Market Value Modernization 
Housing Wire
JANUARY 3, 2023
When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect. A fundamental change.
Appraisal Buzz
JANUARY 13, 2025
While the basic approach involves the valuation of properties using comparable sales, the proper use of statistical tools, such as a correlation matrix, can significantly enhance the quality and objectivity of the appraisal process. Correlation coefficients in the matrix range from -1 to 1.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
MAY 25, 2021
The FHFA’s engagement of industry stakeholders signifies a critical inflection point for appraisal transformation. Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. Presented by: PCV Murcor.
Appraisal Buzz
DECEMBER 2, 2024
This is a concept not unfamiliar to the real estate appraisal professional. Long answer: There is no expectation or requirement that every appraisal is to include a graphic identical, or even similar, to what was presented as an example in the FNMA advisory. This has been independently verified with the source.
East Coast Appraisal
JUNE 7, 2021
The best way to do this is with an appraisal. During an appraisal, your home is inspected and photographed to determine the current market value. If you would like to know more, check out these commonly asked questions about the home appraisal process. What Does an Appraiser Look For?
Realtor
MAY 15, 2023
. “In these instances, a hybrid appraisal is to determine the home’s fair market value but also to confirm the true condition before the home goes into a short sale or foreclosure scenario,” says Alvaro Moreira , owner of the Georgia mortgage company Moreira Team. Is a hybrid appraisal accurate?
Cleveland Appraisal Blog
MARCH 4, 2021
There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. So, while the cabinets may be in good shape, many homeowners will eventually replace the countertops, sink and appliances with a more modern look and improved functionality.
Expert insights. Personalized for you.
79 
Let's personalize your content