Housing Wire

MAY 25, 2021

A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry. Navigating appraisal challenges in today’s housing market. Presented by: PCV Murcor.

Appraisal 370

Appraisal Valuation Real Estate Modernization 370

Appraisal Buzz

APRIL 15, 2024

Appraisers will be presented with the data elements needed to report the characteristics of the subject property, and analyze the market, comparables, and other necessary parts of the appraisal process. Only those data and report elements that are important for the scope of work will be presented to the appraiser.

Appraisal 397

Appraisal Design Lending Technology 397

DataMaster

FEBRUARY 3, 2021

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Many appraisers share Horn’s concerns.

Appraisal Process 78

Appraisal Process Appraisal Modernization Training 78

Housing Wire

APRIL 27, 2021

When all required data input fields are completed, the data file is delivered to the lenders, same as it is today, and the data fields are formatted and presented in a manner that a “form” is printable or can be turned into a PDF so that the appraisal can be viewed.

Modernization 326

Modernization Appraisal HOA Valuation 326

Housing Wire

DECEMBER 7, 2023

Students appreciate the well-organized, easy to comprehend content presented by experts in simplifying complex concepts likely to be included in the state exam, as well as the visual aids for assistance with retention and understanding. 6 months course access Ridgeline: All features of Base + Livestream option and Forms Training 101.

Real Estate 434

Real Estate Real Estate Agent Law Brokerage 434

Appraisal Buzz

MAY 6, 2024

Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), and government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are now allowing home appraisals to get a second look when bias is suspected in the appraisal process.

Reconsideration of Value 150

Reconsideration of Value Valuation Appraisal Appraisal Process 150

Appraisal Buzz

OCTOBER 25, 2021

Secondly, this will allow technology companies, lenders, and appraisers to develop new processes and technologies around desktops. Appraisal Technology was front and center at this show. Kenon Chen from Clear Capital discussed the digitization of the appraisal process. This is an unprecedented situation.

Technology 150

Technology Appraisal Inspection Appraisal Process 150

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

Sellers 85

Sellers Real Estate Appraisal Appraisal Process 85

Boston Appraisal

JUNE 24, 2019

The Other Side of the Coin: The Appraisal Process Doesn’t Always Reflect the Contributed Value of Green Features. Sometimes, appraisals do not reflect the perceived value of these improvements, to the dismay of building owners. Keeping Up with Green Trends: Appraisers Are Catching Up Quickly.

Appraisal 78

Appraisal Real Estate Market Value Technology 78

Clear Capital

FEBRUARY 2, 2022

Today’s announcement from Fannie Mae — the incorporation of 1004 Desktop appraisals into their Selling Guide for many new purchase loans — is a big step forward in the journey to a fully modern appraisal process. We applaud this move and are dedicated to supporting lenders in the adoption of 1004 Desktop appraisals.

Modernization 69

Modernization Appraisal Inspection Appraisal Process 69

Clear Capital

SEPTEMBER 21, 2021

Efforts to increase consistency and accuracy in the property data collection and inspection process should be celebrated, and are key to improving public trust in the appraisal process. It’ll also help build confidence in the accuracy of hybrid appraisals. You might be thinking, “Wait, what’s ClearInsight again?”

Appraisal 69

Appraisal Appraisal Process Modernization Valuation 69

Clear Capital

JULY 14, 2023

Inspection-based appraisal waivers — filling the gaps in traditional waivers For many years, there have only been two options for lenders — a traditional appraisal or an appraisal waiver. Now, Fannie Mae and Freddie Mac offer inspection-based appraisal waivers.

Appraisal 60

Appraisal Inspection Real Estate Agent Training 60

Birmingham Appraisal

FEBRUARY 20, 2024

They then carefully assess each comparable property’s similarities and differences to the subject property, making adjustments as needed to ensure accuracy in the pricing process. The final CMA report presents findings and recommendations to clients, allowing them to make well-informed decisions in their real estate transactions.

Agents 92

Agents Appraisal Real Estate Agent Bracketing 92

Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. What are some of the benefits of desktop appraisals?

Valuation 68

Valuation Appraisal Inspection Appraisal Process 68

McKissock

APRIL 6, 2021

In this one-hour, non-credit Pro-series webinar , presenter Rob McClelland will teach you how to create, maintain, and retain your workfiles in digital form. Now is the time to move beyond spreadsheets, modernize your company practices, and see the possibilities that come with using tools built by appraisers, for appraisers.

Business 54

Business Appraisal Tools Technology 54

McKissock

OCTOBER 30, 2020

Appraisal Review: What a Bank Reviewer Wishes You Knew. What do bank reviewers and underwriters focus on when reviewing residential appraisals and why? Are you about to take your Appraisal Licensing and Certification exam and have knots in your stomach? Fannie Mae Q3 2020 Appraisal Update. Understanding Mutual Funds.

Appraisal 54

Appraisal Insurance Clients Real Estate 54

PennyMac

OCTOBER 10, 2023

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

AmeriMac

APRIL 30, 2024

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. Understanding the commercial real estate appraisal process is crucial for anyone involved in the buying or selling of commercial properties.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

AmeriMac

NOVEMBER 15, 2021

Because a home equity loan very specifically involves the difference between the current value of your home and what is still left on the mortgage, it stands to reason that those lenders will want to know exactly what the property is worth – which is why in the vast majority of all situations, an appraisal will be required.

Appraisal 36

Appraisal Renovations Inspection Appraisal Process 36

AmeriMac

NOVEMBER 15, 2021

Because a home equity loan very specifically involves the difference between the current value of your home and what is still left on the mortgage, it stands to reason that those lenders will want to know exactly what the property is worth – which is why in the vast majority of all situations, an appraisal will be required.

Appraisal 36

Appraisal Renovations Inspection Appraisal Process 36

AmeriMac

JUNE 30, 2024

After completion, a report with findings and the final appraised value is given to the lender and borrower. Timeframes vary based on appraisal complexity and the appraiser’s workload. Here is an overview of the steps involved in a home appraisal: Lender orders the appraisal from a licensed appraiser.

Appraisal 36

Appraisal Renovations Mortgage Inspection 36

Housing Wire

MAY 1, 2024

“It empowers consumers while affording appraisers an opportunity to make sure they got it right. NAR has long advocated for updating the ROV process, seeing it as crucial to ensuring fair housing in the appraisal process. We are encouraged by HUD and the GSEs taking this significant step to support consumers nationwide.”

Reconsideration of Value 476

Reconsideration of Value Appraisal Valuation Realtors 476

Housing Wire

OCTOBER 16, 2020

The Appraisal Institute , American Society of Appraisers , American Society of Farm Managers and Rural Appraisers , and the Massachusetts Board of Real Estate Appraisers announced a concerted effort to combat unconscious bias and discrimination in a release on Friday. Presented by: NAMB.

Appraisal 538

Appraisal Training Appraisal Process Real Estate 538

Walitt Solutions

JULY 28, 2019

Is this so-called “new” process new at all? During my presentation, I reviewed with the audience a number of appraisal scenarios that have been common practice for decades – often in spaces outside of first mortgage lending. The appraiser relies on a non-appraiser to measure and collect subject property data.

Appraisal 28

Appraisal Inspection Valuation Lending 28

Appraisal Today

JUNE 21, 2024

Exposing Predatory AMCs Excerpts: Appraisal Institute CEO Cindy Chance’s recent comments about the concerning practices of some appraisal management companies (AMCs) have struck a chord with many in the real estate valuation industry. A University of Texas-trained lawyer and activist called Zixta Q.

Appraisal 71

Appraisal Architecture Contracts Design 71

Appraisal Today

SEPTEMBER 20, 2024

This AI Agent is trained on and powered by the current “FHA 4001.1 ” (Chapter 7) This excerpt vividly illustrates the prospective advancements in AI-powered appraisal processes. Handbook.”

Appraisal 75

Appraisal Business Contracts Real Estate 75

Housing Wire

JANUARY 11, 2022

Rodman Schley, president of appraisal trade association the Appraisal Institute , called the Federal Housing Finance Agency ’s findings, which it presented in a December blog post , “unacceptable,” and said more work is required to recognize and interrupt unconscious bias. Were they exemplary, or at the bottom of the heap?”.

Appraisal 418

Appraisal Training Real Estate Appraisal Process 418

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. Shaival Shah.

Sellers 67

Sellers Agents Real Estate Appraisal 67

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. Presented by: Voxtur. Melody Taylor will serve as the task force’s executive director.

Appraisal 545

Appraisal Valuation Training Law 545

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 108

Appraisal Inspection Property Taxes Easement 108

Appraisal Today

SEPTEMBER 9, 2022

But ROVs, Tidewater initiatives, upset owners, and those who will play the racist card will be omni-present. How does the appraiser get through such anti-appraiser gyrations? However, this author is optimistic that process changes from each of the root causes for revisions have had some level of contribution to the decline.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52