Appraisal Process Modernization Renovations 
Appraisal Buzz
SEPTEMBER 5, 2022
Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.
Appraisal Buzz
APRIL 8, 2024
Real Estate: In a sector where property valuations can vary significantly based on an appraiser’s judgment, blockchain can offer a standardized and transparent valuation method. AI can analyze vast amounts of data on the blockchain to provide insights, predictions, and even automate certain appraisal processes.
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Housing Wire
FEBRUARY 8, 2022
Loans for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes are not eligible. Any loan application flagged as ineligible by Fannie Mae’s automated underwriting system will have to use a traditional appraisal.
DW Slater Company
FEBRUARY 24, 2022
Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. If anyone has been in the appraisal industry for a while they do know that it has been changing with technology. Why would the GSEs want this product?
Cleveland Appraisal Blog
MARCH 4, 2021
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. Of course, a ten-year old kitchen is going to have some wear and tear from use. They may replace the flooring and lighting. The same is true with bathrooms.
D Fritz Appraisals
MARCH 7, 2019
While these three factors are out of your control, there are still many things you can do to impress appraisers and list your house for top dollar. Before you go spending thousands of dollars in renovations, however, make sure you follow this advice from the outset. Every home is different.
Birmingham Appraisal
AUGUST 30, 2023
A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.
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