Remove Appraisal Process Remove Property Taxes Remove Valuation
article thumbnail

Clear Capital launches APIs to make adopting modern valuations solutions easier 

Housing Wire

Real estate valuation technology company Clear Capital rolled out two application programming interfaces (APIs) that aim to make adopting and deploying modern valuation solutions easier, ultimately closing loans faster. Using automated valuation models “leads to relatively lower racial gaps,” according to Freddie Mac. .

article thumbnail

How to reduce appraisal turn times and improve the borrower experience

Housing Wire

This is a critical advancement in the industry as we’ve seen appraisal timelines continually increase. This allows for a more objective analysis and better compliance, and often translates to a more efficient process with faster turn times, which allows buyers and sellers to transfer real property more cost effectively and with confidence.

Appraisal 418
Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Housing Wire

An appraisal is a valuation of a property by a third party. The buyer typically covers the cost of the appraisal. Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete. The process can take even longer if the buyer or seller requests a second appraisal.

article thumbnail

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.

article thumbnail

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.

article thumbnail

Appraisals and Valuation Concerns in the Current Market

Simonson Real Estate

Topics have centered around appraisals and valuation concerns in the current market environment. I was joined on the panel with Twin Cities appraiser, Josh Folland, MAI, CCIM with Valbridge Property Advisors and Gary Van Cleve, Shareholder at Larkin Hoffman moderated our discussion. Updated 9/8/2020.

Valuation 130
article thumbnail

Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?

Simonson Real Estate

Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? Mitchell Simonson , Founder, Simonson Appraisals.

Valuation 146