Remove Appraisal Remove Inspection Remove Real Estate Agent
article thumbnail

Incenter’s virtual appraisal solution brings “arms-length” photos back to the remote inspection process

Housing Wire

With social distancing and lockdown orders, inspectors and agents struggled to determine a home’s value without being there in-person. To help mitigate these pain points, Incenter Appraisal Management is offering remote BPO and remote inspection capabilities paired with AVMs.

article thumbnail

Are borrower-assisted inspections here to stay?

Housing Wire

HousingWire recently spoke with CoreLogic’s Chief Appraiser Shawn Telford about re-examining traditional appraisal workflows in light of the changes brought on by COVID-19. HousingWire: What changes have appraisers had to make to their workflows in light of social distancing and other COVID-related concerns?

Insiders

Sign Up for our Newsletter

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

article thumbnail

The home inspection process: Should you skip it?

Housing Wire

People often confuse the home appraisal with the home inspection. Appraisals are estimates of a home’s value — and they’re typically required before you can close on your mortgage loan. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer.

article thumbnail

Smart Inspections

The Appraiser Coach

This woman said that she has been using an iPad for years to do her mobile inspections, but had heard. I was recently contacted by an individual with a question. Read More.

article thumbnail

The hybrid appraisal is here. Who benefits?

Housing Wire

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
article thumbnail

UWM will partially refund borrowers for late appraisals

Housing Wire

United Wholesale Mortgage ( UWM ) unveiled a new policy this week, telling brokers that appraisals will be completed within 10 business days or they’ll refund 50% of the appraisal cost back to the customer. Are borrower-assisted inspections here to stay?

Appraisal 456
article thumbnail

With homegenius Real Estate’s solutions, lenders can help homeowners explore their home equity options

Housing Wire

Broker Price Opinion (BPO): The BPO provided by homegenius Real Estate allows users to obtain thorough pricing strategies and quality reviews from local and licensed real estate agents or brokers, along with the detailed property and neighborhood information they need to make quick and informed decisions.