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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

To effectively support market condition adjustments in line with recent Fannie Mae guidelines, appraisers can use a variety of market analysis techniques. The goal is to make sure every adjustment is defensible, based on empirical evidence, and can withstand scrutiny from all stakeholders involved in the appraisal process.

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The housing market went from steaming to stagnant (free download)

Sacramento Appraisal Blog

I have a free download too for anyone wanting to make visuals […]. The housing market went from steaming to stagnant a few months ago, and now that some time has passed, we’re getting more stats to help show the effect of higher mortgage rates. Today let’s look at sales volume to understand what’s going on.

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How do remote valuation solutions benefit appraisers?

Housing Wire

From having to manage high volumes to finding innovative ways to appraise homes while maintaining distance, it’s no secret appraisers faced challenges during the beginning of the coronavirus pandemic. RemoteVal, by Incenter, replicates the process an appraisal already does. For more information on RemoteVal, click here.

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Building a quality-centric culture is essential to ensuring appraisal integrity

Housing Wire

Adding to this challenging financial reality, the “ COVID ” vintage of loans has led to brutal repurchase costs for lenders, significantly driven by appraisal defects. Data from the most recent ACES Mortgage QC Industry Trends Report shows a year-over-year increase in appraisal-related defects.

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Consumers Delay Life Plans Amid Inflation Pressures

Appraisal Buzz

The post Consumers Delay Life Plans Amid Inflation Pressures appeared first on Appraisal Buzz. I would encourage people to continue to evaluate their financial choices and align their spending with what matters most to them. The post Consumers Delay Life Plans Amid Inflation Pressures first appeared on The MortgagePoint.

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Are remote appraisals here to stay?

Housing Wire

Appraisers have experienced many challenges in the last couple of years. From juggling high volume demand for appraisals in the middle of a pandemic, appraisers had to radically change their processes. Remote inspections have the power to make homeowners and appraisers more comfortable. Introducing RemoteVal.

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Flying Safely as a Remote Pilot: Key Practices for Success

Appraisal Buzz

Once data is successfully downloaded, Ill reuse the SD card for the next flight. The post Flying Safely as a Remote Pilot: Key Practices for Success appeared first on Appraisal Buzz. If data is lost or corrupted after several flights on the same card, its hard to explain to a client why a re-flight is needed.

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