Remove Appraisal Process Remove Presentation Remove Training
article thumbnail

How AI will transform the mortgage and appraisal industries

Housing Wire

At Jaro , our commitment to integrating AI automation alongside the traditional appraisal process is not just about keeping pace with technology — it’s about making the process of appraising and valuing properties better for every stakeholder: from lenders, to borrowers, appraisers and everyone in between.

Appraisal 448
article thumbnail

Clear Capital acquires Finnish digital floor plan firm

Housing Wire

The calculations reached by CubiCasa technology are aligned with American National Standards Institute standards and the technology can be used without prior training by anyone with a smartphone. How do remote valuation solutions benefit appraisers? How do remote valuation solutions benefit appraisers? Presented by: Incenter.

Valuation 397
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The hybrid appraisal is here. Who benefits?

Housing Wire

It’s a model in stark contrast to that of inspections for traditional appraisals. It may also be viewed as revolutionary for an industry in which the most significant change to the appraisal process in the past few decades was the advent of appraisal management companies as an intermediary between lenders and appraisers.

Appraisal 435
article thumbnail

The Importance of Correlation Matrices in Residential Real Estate Appraisals: Five Key Reasons for Use

Appraisal Buzz

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. Reviewers can see this analysis and verify that the appraisers conclusions align with the data.

article thumbnail

A Log Home Valuation

Appraisal Buzz

So, the real question is: How are appraisers following USPAP and meeting competency requirements if there is absolutely no education on the subject of “Log Home Valuation?” Presently, there are several new rules and regulations that could result in major USPAP violations, but those rules vary upon the state, county and/or township.

Valuation 396
article thumbnail

How data and technology can combat appraisal bias

Housing Wire

At Tavant , they’re taking a look at the past and present of appraisals to prepare for a better future. Problems with the current state of appraisals One of the current problems with appraisal is the barrier to entry, said Dawn Svedberg, vice president of sales for Tavant.

article thumbnail

The New UAD: Practical Implications

Appraisal Buzz

There is a lot to iron out and effective communication between lenders, AMCs, and appraisers will be crucial during this transition to ensure clarity and efficiency. The dynamic nature of the new UAD and the scope of work concept also present a challenge for appraisers in pricing their services.

Appraisal 370