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ClearValue teams with Restb.ai to bring computer vision to appraisal process

Housing Wire

The companies hope Restb.ai’s technology can help ClearValue’s appraisal review clients improve efficiency and quality control while also reducing costs. By integrating Restb.ai’s technology into Certainty, we are taking a leap forward in appraisal modernization. general manager of valuations, said in a statement.

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Reshaping appraisals: Jaro’s high-tech solutions innovate the appraisal process in an evolving real estate market

Housing Wire

With higher rates, lower transaction volumes usually plague the industry, translating to fewer appraisals as homeowners hunker down with their lower rates. Industry professionals expect an increase in transactions following the Fed’s recent rate cuts , leading to an increase in appraisal demands. How does this impact lenders?

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Best practices to speed up the appraisal process

Housing Wire

For instance, desktop appraisals became a permanent option for certain loans in March 2022, and along with hybrid appraisals, they’re reducing cycle times significantly. “We We’re having really high success using these products to expedite the purchase appraisal transactions compared to a traditional process.”.

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Why is now the time for lenders to modernize their appraisal processes

Housing Wire

With tech solutions and automation dominating more and more of the mortgage experience, the appraisal process can feel a bit dated, often causing significant slowdowns. These factors should decrease overall turn time while maintaining the integrity of the appraisal process.

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Webinar Thursday | Revolutionizing Appraisals: The Road to Modernization

Appraisal Buzz

Join us for a free webinar on Revolutionizing Appraisals: The Road to Modernization this Thursday, November 14th at 1PM Central Time. Discover the cutting-edge tools and strategies driving the future of real estate appraisals. Working closely with appraisers to understand their needs has been crucial.

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Restb.ai and Bradford Technologies announce appraisal partnership

Housing Wire

and Bradford Technologies announced their partnership at the Valuation Expo in Las Vegas on Monday. As part of the partnership, Restb.ai’s AI technology will be integrated into Bradford Technologies’ report quality control processes. Computer vision and AI solutions provider Restb.ai

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What AVMs can and can’t do in the appraisal process

Housing Wire

According to Fannie Mae, “Desktop appraisals are disclosed as “Appraisal” as the property value is obtained through an appraisal that was completed by a licensed or certified appraiser. The post What AVMs can and can’t do in the appraisal process appeared first on HousingWire.