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Clear Capital launches APIs to make adopting modern valuations solutions easier 

Housing Wire

Last month, the Federal Housing Finance Agency released plans, developed by Fannie Mae and Freddie Mac , to make the housing market more equitable, in part through changes to the appraisal process. Using automated valuation models “leads to relatively lower racial gaps,” according to Freddie Mac. .

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How to reduce appraisal turn times and improve the borrower experience

Housing Wire

HousingWire recently spoke with Jim Albeertelli, CEO of Voxtur, about the company’s r ecent acquisition and launch of an automated workflow management platform for the global market. HousingWire: What can the industry at large do to support the work of appraisers right now?

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete.

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Are Appraisals Public Record?

Realvals

The confidential nature of appraisals protects the privacy of those involved in the transaction. While appraisals themselves are not public, some related information may be accessible. For example, in many states, property tax assessments and sale prices are often part of the public record.

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Do Appraisal Gap Clauses Impact Appraisals?

Cleveland Appraisal Blog

Appraisal gap clauses have become relatively common in recent years due to many homes being sold at prices that market data does not support as being the market value. In this hot market, it’s not surprising that this type of clause is being written into some contracts. But not always.

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Must-Have Information Required for a Successful Appraisal

Birmingham Appraisal

Tips To Ensure a Successful Appraisal When it comes to the home appraisal process, providing complete and accurate information is critical for a successful appraisal. Real estate agents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations.

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Appraisals and Valuation Concerns in the Current Market

Simonson Real Estate

Since the onset of COVID, market data remains sparse for certain property types. Topics have centered around appraisals and valuation concerns in the current market environment. Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work.

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