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Verification solutions provider Xactus acquires MassiveCert

Housing Wire

With the acquisition, Xactus will offer flood zone determinations to its clients by using its proprietary flood data and technology products, the firm said Wednesday. MassiveCert will be rebranded as Xactus Flood Solutions. The terms of the deal were not disclosed. Up until now, Xactus obtained data from third parties.

Insurance 370
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Maintain that Workfile

Appraisal Buzz

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.

Appraisal 417
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Role Play: Appraisers and their Intended Uses

Appraisal Buzz

In truth, human appraisers fill two vitally important roles today, (1) we collect information and (2) we analyze it so it can be presented to our clients. We should embrace that, even if most of the efficiency gains go to our clients while our jobs get more difficult, at least in the short term. We’ll have to do the same thing.

Appraisal 397
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Ethics is Our Solution

Appraisal Buzz

Appraisers are tasked with protecting the public trust, and yet, I have seen appraisers who knowingly and on an ongoing basis disregard facts and truth to provide reports with values or directions in values that advocate the cause of their client. Strong ethics is an irresistible treasure seen and felt by our colleagues and clients.

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Loosening The Knot

Appraisal Buzz

It is the work of a therapist and their client to carefully untie those knots. Of course, this applies to the work of real estate appraisal as well. Striving to look through the microscope of empirical thought, we must not forget that our subject is more than real property, it is real people.

Sellers 379
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Understanding Zillow’s Square Footage is Important!

Cleveland Appraisal Blog

The mate on the opposing side accused me of appraising the property at a value that favored my client. They felt my opinion of the market value of the marital property was too high based off of Zillow sales that they found. I recently appraised a home for a divorce. Of course, they didn’t accept my explanation. That’s okay.

Appraisal 409
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3 Things An Appraisal Should Tell You That You May Not Know

Cleveland Appraisal Blog

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? Isn’t that all that appraisers do?

Appraisal 358