Remove Blog Remove Inspection Remove Valuation
article thumbnail

Is A Cubicasa Scan an Inspection?

Cleveland Appraisal Blog

In this article, I thought I would share my thoughts on this and whether scanning a property with Cubicasa is considered to be an appraisal inspection. WHAT IS AN APPRAISAL INSPECTION? I think it’s important to understand what an appraisal inspection is. The attorney questioned my use of the word inspection. ”). .”

article thumbnail

Race and the Property Valuation Industry

Appraisal Buzz

Only the wife was at home to greet the appraiser when they arrived to inspect her home. The second appraiser could also have been incompetent, resulting in an over valuation of the couple’s property. However, the husband and wife in this article are not valuation professionals. Let’s unpack this situation…. My Journey.

Valuation 370
Insiders

Sign Up for our Newsletter

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

article thumbnail

9 tips for homebuyers in non-disclosure states

Housing Wire

Online real estate platforms, local newspapers, and real estate blogs are valuable sources of information. Use online valuation tools Though they’re not perfect, online valuation tools can offer estimates based on public records and algorithms. Be patient and stay flexible as challenges arise.

article thumbnail

Valuation Connect Demands Licenses, Denies Fair Pay

Appraiserblogs

Based on the local market appraisal fee, Valuation Connect values the “appraisal expertise” component of a hybrid appraisal at 18% of what the consumer pays for an appraisal. Should "property data collectors" who inspect properties and provide information to real estate appraisers be licensed by state appraiser boards?…

Valuation 118
article thumbnail

Increasing Diversity in Appraisal Profession.

Appraisal Buzz

The Urban Institute recently released a blog post entitled – Increasing Diversity in the Appraisal Profession Combined with Short-Term Solutions Can Help Address Valuation Bias for Homeowners of Color. The article accurately notes the lack of diversity in the appraisal profession.

Appraisal 370
article thumbnail

TAF Is About To Get PAVEd

Appraiserblogs

The current administration is addressing the lack of diversity in housing valuation head-on with the formation of an interagency task force on Property Appraisal and Valuation Equity (PAVE). USPAP Doesn’t Require An Inspection So Why Is It Trying To Determine What An Inspection Is 30 Years Later?

article thumbnail

Savvy real estate agents look beyond ChatGPT

Housing Wire

Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation. However, GPT-4 concluded that while, “AI can enhance the process of real estate valuation, it may not completely replace human judgment. It first explained how it was better than human agents.