Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. Made to order.

Appraisal 435

Appraisal Inspection Real Estate Agent Training 435

The Appraiser Coach

MARCH 12, 2021

Many appraisers work out of our homes, not interacting with office staff or other appraisers. Even when we’re out, we’re still doing work-related tasks like shooting pictures and doing inspections. Read More.

Appraisal 369

Appraisal Inspection Advertising Business 369

Housing Wire

FEBRUARY 3, 2025

Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc.

Mortgage 417

Mortgage Valuation Lending Technology 417

Housing Wire

MAY 20, 2024

Without additional action by the lender, case numbers in FHAC without an appraisal logged in the system are automatically canceled after six months. For cases without a logged appraisal, they are subject to automatic cancellation “for one year from the appraisal effective date,” according to a revision.

Reconsideration of Value 459

Reconsideration of Value Mortgage Inspection Insurance 459

Housing Wire

MAY 23, 2023

In the past few years, appraisal bias has come to the forefront of conversations about appraisals and how they can be improved. At Tavant , they’re taking a look at the past and present of appraisals to prepare for a better future. We often hear the statistic that the average appraiser is a 57-year-old white male.

Technology 397

Technology Appraisal Lending Valuation 397

Housing Wire

MAY 2, 2022

From drive-through closings to drone-guided inspections, industry experts got creative to meet the growing demand for new homes for a surge of homebuyers and homeowners who wanted to take advantage of low interest rates. Why desktop appraisals and why now?

Appraisal 418

Appraisal Valuation Technology Inspection 418

Housing Wire

OCTOBER 1, 2024

“This declaration is made when natural disasters or other events are of such severity that it is beyond the combined capabilities of state and local governments to respond.” handbook, including inspection and repair escrow environments for loans that have yet to close.

Inspection 476

Inspection Insurance Mortgage Design 476

Appraisal Buzz

MARCH 7, 2022

Is there a career with more inherent paradoxes than real estate appraising? Every appraisal decision we come to requires lots of verified data – but also our intuition and opinions. To be a real estate appraiser is to live with these strange contradictions every day. This is my favorite thing about being an appraiser.

Appraisal 305

Appraisal Inspection Real Estate Government 305

Housing Wire

MAY 25, 2021

The FHFA’s engagement of industry stakeholders signifies a critical inflection point for appraisal transformation. For example, appraisal turn time has swelled 65% from 2018, according to recent data published by Freddie Mac. Appraisal costs have also soared 24% since 2016, according to the Freddie Mac data. Appraiser shortage.

Appraisal 370

Appraisal Valuation Real Estate Modernization 370

Housing Wire

OCTOBER 2, 2023

Mortgage tech company Xactus announced that its valuation solution Appraisal Firewall X has met federal requirements and is capable of fulfilling Fannie Mae property data collection orders. Xactus Appraisal Firewall X provides data for both processes. Xactus Appraisal Firewall X provides data for both processes.

Valuation 435

Valuation Training Modernization Appraisal 435

Miller Samuel

NOVEMBER 30, 2018

My friend and appraisal colleague Ryan Lundquist and I authored a petition on change.org to point out the growing wreckless behavior that is enveloping the mortgage process. There’s a proposal from the FDIC, Federal Reserve, and Treasury Department not to require appraisals for some mortgages under $400,000.

Appraisal 300

Appraisal Inspection Real Estate Agent Agents 300

Housing Wire

MARCH 18, 2024

Valuation Selector helps lenders and investors identify the most suitable valuation method (AVM, AVM with inspection, desktop exterior, desktop interior or full appraisal) for a property, depending on its complexity.

Valuation 448

Valuation Reconsideration of Value Tools Technology 448

Realvals

FEBRUARY 10, 2025

Appraisals play an important role in real estate transactions, but privacy is always a concern. Home appraisals are never publicly available and are only shared with the appraiser’s client and authorized parties. This means that the general public cannot access your home’s appraisal report without permission first.

Appraisal 78

Appraisal Property Taxes Real Estate Market Value 78

The Appraiser Coach

SEPTEMBER 14, 2021

Appraisers have been accused of being “speed bumps” in the lending process. We frustrate buyers, sellers, loan officers and, sometimes, real estate agents. In some ways, I can understand their. Read More.

Agents 370

Agents Appraisal Real Estate Agent Loan Officers 370

The Appraiser Coach

DECEMBER 14, 2021

Can you do a rental schedule on a property that you have not appraised? This was a question recently asked in my closed Facebook All-Stars group. Within this private group, Read More.

Appraisal 370

Appraisal Advertising Inspection Business 370

Housing Wire

SEPTEMBER 13, 2023

The CAPE aPCR tool can be applied across the valuation spectrum—from adding condition validation to an automated valuation model (AVM), to driving appraisal workflows. The common understanding of valuation, inspection and even property value is shifting, as more and more technology-enabled alternatives are emerging.

Tools 418

Tools Valuation Inspection Investors 418

Housing Wire

AUGUST 3, 2022

National appraisal management company Class Valuation is extending its reach, with the acquisition of yet another appraisal management company. According to a Class Valuation press release, AppraisalTek operates in all 50 states, as well as the District of Columbia, and has a “significant staff appraiser impression” in Arizona.

Valuation 418

Valuation Appraisal Modernization Technology 418

D Fritz Appraisals

JANUARY 29, 2025

House Appraisal vs BC Assessment: How They Impact Your Homes Value Understanding the difference between residential home appraisals vs BC assessments. While assessments and appraisals both provide property valuations, their purpose, methods and impact on homeowners differ vastly.

Appraisal 78

Appraisal Valuation Property Taxes Inspection 78

The Appraiser Coach

JULY 20, 2021

As appraisers we often wear at least two different hats. You have heard me talk about the business owner cap versus the technician cap. While we often play both roles, Read More.

Appraisal 370

Appraisal Business Advertising Inspection 370

The Appraiser Coach

MARCH 30, 2021

I was recently asked by a newbie in real estate appraisal how much I think a new real estate appraiser should charge. Many new appraisers and trainees want to get. Read More.

Real Estate 335

Real Estate Appraisal Inspection Advertising 335

The Appraiser Coach

APRIL 27, 2021

It is possible to be simultaneously licensed and practicing as a real estate appraiser while also being a licensed and practicing real estate agent. The answer is yes, but there. Read More.

Agents 370

Agents Real Estate Agent Appraisal Real Estate 370

The Appraiser Coach

APRIL 13, 2021

Some people might say a public forum isn’t the place to air this dirty laundry, but this is not really a public forum. Of my thousands of readers, very few. Read More.

Appraisal 370

Appraisal Inspection Advertising Business 370

Appraisal Today

NOVEMBER 1, 2024

FHFA’s Appraisal Waivers Expansion The Great Debate on Appraisal Fees Updated UAD redesign timeline with specific implementation dates Mortgage applications decreased 0.1 As an appraiser, understanding the nuances of kitchens is essential to providing credible and insightful valuations.

Appraisal 86

Appraisal Training Contracts Mortgage 86

The Appraiser Coach

DECEMBER 13, 2022

Imagine you’re at an inspection. During your standard walk-through, you look out the window and see a car pull up into the driveway. Your mind starts racing when you see. Read More.

Inspection 74

Inspection Agents Advertising Business 74

Appraisal Buzz

MAY 6, 2024

Add to this rising replacement costs and legal fees, increased government regulation, inflation, and fraud, and companies are bleeding about a billion dollars every three weeks. You may be wondering how this all trickles down to the appraisal report. Appraisers might not be thinking about climate change just yet in their analyses.

HOA 370

HOA Insurance Legal Fees Valuation 370

Appraisal Buzz

MARCH 28, 2022

Appraising compliance with the American National Standard for Single-Family Residential Buildings. Appraiser Responsibility. It is implied that an appraiser choosing not to adhere as a personal choice or preference would not be an acceptable reason for an exception. Laser measuring tools.

Appraisal 370

Appraisal Tools Technology Inspection 370

Birmingham Appraisal

DECEMBER 17, 2024

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.

Appraisal 76

Appraisal Easement Real Estate Agent Valuation 76

Appraisal Buzz

MAY 31, 2021

A husband and wife requested a bank appraisal to refinance their Jacksonville, Florida home. Only the wife was at home to greet the appraiser when they arrived to inspect her home. When the couple received the final appraisal report of their home’s value, they were shocked!

Valuation 370

Valuation Appraisal Real Estate Insurance 370

Miller Samuel

MARCH 18, 2020

As co-owner of an appraisal firm for 34 years, while based in Manhattan, we generally don't drive to appraisal inspections. By the time the first Fed rate cut was made in response to the coronavirus on March 3, we adopted a screening process for appraisal inspections. Imagine if the appraiser was a carrier?

Appraisal 195

Appraisal Inspection Transportation Clients 195

Housing Wire

MARCH 21, 2023

Lender and appraisal management companies and other property data collection companies can now use Black Knight ‘s Scout mobile property inspection as part of the value acceptance plus property data process. The government-sponsored enterprise (GSE) approved six vendors following the roll-out of its new valuation initiative.

Valuation 284

Valuation Appraisal Modernization Inspection 284

Appraisal Buzz

DECEMBER 20, 2021

. — December 16, 2021 — Deephaven Mortgage today announced an alliance with Incenter Appraisal Management to give Non-Agency/Non-QM brokers a new competitive advantage by offering remote appraisal services for Deephaven’s loans. However, the challenges of appraiser shortages and appraisal backlogs are slowing down lending.

Appraisal 195

Appraisal Mortgage Technology Inspection 195

Housing Wire

NOVEMBER 2, 2020

That rating has nothing to do with the GSEs’ skill sets, it comes from the government guaranty backing these companies. I now understand why so many call for a utility-like governance structure for these two companies. The other is GNMA MBS. These draw investors globally.

Marketing 537

Marketing Mortgage Government Inspection 537

Housing Wire

JANUARY 31, 2021

Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans.

Valuation 362

Valuation Technology Real Estate Development 362

Housing Wire

MARCH 1, 2023

You use the right comps to appraise it. This solution – built on Google Cloud’s secure and sustainable infrastructure – is designed to help companies, government agencies, and enterprises measure, model, and mitigate the physical risks of climate change to the housing industry, from the present through 2050. You build the home to code.

Insurance 397

Insurance Supply Chain Design Government 397

Appraisal Buzz

AUGUST 13, 2024

The government is taking action to ensure that these products do not turn the dream of homeownership into a nightmare.” The Truth in Lending Act of the federal government does, in fact, cover these contracts, even though many sellers have taken advantage of this financing structure to deceive purchasers and churn homes.

Contracts 367

Contracts Investors Sellers Lending 367

The Appraiser Coach

MARCH 19, 2024

As a real estate investor, I have the opportunity to rub shoulders with all kinds of people, even other appraisers on occasion. With a recent house purchase in another state, I got a call from the appraiser of this property as he was planning a visit out there. To get the mix just right, you need a little bit of both.

Appraisal 195

Appraisal Clients Real Estate Business 195

McKissock

JUNE 17, 2022

The COVID-19 pandemic has accelerated the shift to desktop appraisals. As of mid-March 2022, banks and mortgage lenders can now use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages. Want to stay ahead of the curve with desktop appraisals and the latest technology?

Inspection 75

Inspection Tools Appraisal Technology 75