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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

Perhaps you’ve heard the murmurs about an automated appraisal. There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare.

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

Perhaps you’ve heard the murmurs about an automated appraisal. There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare.

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5 Things To Consider When Getting A Hybrid Appraisal

Birmingham Appraisal

One of these changes is the use of the hybrid appraisal by lenders. What Is A Hybrid Appraisal? A hybrid appraisal is one that is done by involving more participants than just the appraiser. Rather than involve the appraiser in the data collection part of the appraisal process this part is done by someone else.

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Decoding Property Appraisal for REO Properties

AmeriMac

The unique circumstances surrounding REO properties require specialized handling during the appraisal process, considering factors like extensive repairs, market trends, and quick-sale pricing strategies. The Appraisal Challenges for REO Properties Appraising REO properties presents special challenges for real estate experts.

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2024 USPAP For Appraisers

Appraisal Today

2024 USPAP Source: Appraisal Foundation The 2024 Uniform Standards of Professional Appraisal Practice is now available for purchase in physical and digital formats. When USPAP started, it was very exciting as appraisers had to decide what needed to be changed or added. This covers all Definitions, Rules, and Standards.

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Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

In July 2019, I spoke to the Collateral Risk Network, a group of chief appraisers, risk managers, management companies, lenders, appraisers, regulators, and legal experts, at the Collateral Matters event in Reston, Virginia. My talk focused on Property Inspections, which – to an outsider – might seem to be a straight-forward topic.