Appraisal Buzz

FEBRUARY 17, 2025

First, inspect the site. Financially feasible – Would the proposed use generate enough income to pay for construction costs and make a profit? But with the new zoning, up to three units may be constructed on the property. Physically possible – Can a specific use be built? Level ground or a steep slope?

Legal 243

Legal Appraisal Easement Valuation 243

GoForrmz

JUNE 17, 2024

Construction businesses of all sizes are embracing digital transformation GoFormz mobile and online forms offer a whole new world of possibilities for construction teams. Here are the top 6 reasons why mobile forms are benefitting the construction industry. Originally published on December 29, 2015.

Construction 148

Construction Project Management Business Modernization 148

GoForrmz

FEBRUARY 4, 2025

Faster Approvals: Use an electronic signature form to authorize repairs and inspections instantly. GoFormz allows maintenance teams to quickly document inspections, track repairs, and create digital logs for compliance. Drivers and mechanics can use mobile forms to log vehicle inspections, report issues, and capture images on-site.

Logistics 78

Logistics Inspection Construction Transportation 78

GoForrmz

NOVEMBER 17, 2021

Digital inspection forms can be equipped with new data types such as Image and Sketch fields to highlight and note any job site concerns for the back-office users. For example, a current GoFormz construction company user, Crux Subsurface Inc. For example, A.G. Williams Painting Company, Inc.

Inspection 148

Inspection Construction Modernization Project Management 148

GoForrmz

NOVEMBER 14, 2024

Boost efficiency and safety on construction projects with digital forms Effective collaboration between contractors and subcontractors is essential for the success of any construction project, whether it’s a small residential build or a large commercial development.

Construction 78

Construction Project Management Modernization Inspection 78

GoForrmz

AUGUST 8, 2024

Embracing digital solutions to streamline administrative processes in construction The construction industry, traditionally seen as a hands-on field, is rapidly embracing digital transformation. Streamlining Paperwork with Digital Forms One of the most cumbersome aspects of construction project management is handling paperwork.

Tools 78

Tools Construction Project Management Training 78

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Why would the GSEs want this product?

Inspection 154

Inspection Tools Appraisal Technology 154

GoForrmz

SEPTEMBER 19, 2024

Modern construction companies are embracing digital solutions to antiquated practices The construction industry is undergoing a digital transformation that’s reshaping how projects are managed on-site. As a result, digital forms are becoming and indispensable tool for successful construction site management.

Construction 78

Construction Inspection Project Management Modernization 78

GoForrmz

AUGUST 1, 2024

Harnessing technology for efficiency, safety, and quality in modern construction projects The construction industry, known for its complexity and dynamic nature, has traditionally relied on manual processes for project management. Data automation enables construction managers to track and manage resources more efficiently.

Construction 78

Construction Project Management Tools Technology 78

Cleveland Appraisal Blog

DECEMBER 24, 2022

Fortunately, you can keep tabs on the timing, progress, and costs associated with the work as it’s completed with construction management software. Before a roof renovation begins, a contractor will inspect the attic, gutter, and various other aspects of the home structure to make sure it is safe to proceed.

Renovations 303

Renovations Appraisal Home Improvement Buyers 303

Genworth MI Blog

MAY 28, 2020

Truth: A manufactured home is built in a factory and constructed to comply, at a minimum, with the Manufactured Home Construction and Safety Standards (HUD Code) enacted June 15, 1976. All factory-built homes constructed after June 15, 1976 must comply with the HUD Code or local building code. can work at night).

Construction 148

Construction Loan Officers Training Lending 148

GoForrmz

JUNE 20, 2024

Implement technology to enhance safety and efficiency on construction sites Construction sites are bustling hubs of activity, but they also present numerous safety risks. Traditional methods of managing construction safety, such as paper forms and manual inspections, can be inefficient and prone to errors.

Tools 60

Tools Construction Training Inspection 60

Appraisal Today

SEPTEMBER 13, 2024

6 Tips for Appraising New Construction Homes Excerpts: Lenders, FHA, and the GSEs (Fannie Mae and Freddie Mac) treat new construction a little differently. When appraising new construction homes, certain factors that don’t always apply to existing dwellings must be considered. Keep a file of local building costs 4.

Construction 71

Construction Appraisal Contracts Mortgage 71

Lamacchia Realty

JANUARY 31, 2025

You can make a smart and confident decision by evaluating the propertys location, construction features, and local resources. Research whether the property complies with updated building codes, as these codes often dictate the quality and durability of construction materials.

Insurance 43

Insurance Inspection Construction Transportation 43

Appraisal Buzz

JUNE 3, 2024

Thorough due diligence, including property inspections and assessments, and adequate cash reserves are crucial to identify and address potential concerns. Network and Expert Team: Build a team of real estate professionals, including real estate agents, property managers, and construction experts.

Investors 195

Investors Marketing Renovations Real Estate 195

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Why would the GSEs want this product?

Inspection 78

Inspection Tools Appraisal Technology 78

Appraisal Today

NOVEMBER 1, 2024

The ranch dates to the late 1800s, and its multiple properties include a 4,980-square-foot lakefront home with a waterside cabana, an under-construction 7,713-square-foot architect-designed residence and a number of cabins.

Appraisal 83

Appraisal Training Contracts Mortgage 83

Town & Country Residential Appraisals

APRIL 10, 2023

Fannie Mae recently announced in their recent Selling Guide (SEL-2023-02) update that “as part of the valuation modernization” they are transitioning to a “range of options to establish a property’s market value”. Value acceptance does not offer the consumer protection that they seem to elude to as part of the FNME modernization process.

Appraisal 57

Appraisal Final Inspection Modernization Inspection 57

GoForrmz

JUNE 20, 2022

On construction or excavation sites with heavy machinery that can obstruct hearing or visuals, you may have more lone workers than you originally thought. Thanks to the modernization of every industry, and as technology advances, we will likely see the number of lone workers rise. ” — EHSToday, citing a TrackPlus survey.

Training 146

Training Technology Inspection Business 146

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

Appraisal 70

Appraisal Inspection Modernization Business 70

Genworth MI Blog

MAY 28, 2020

Truth: A manufactured home is built in a factory and constructed to comply, at a minimum, with the Manufactured Home Construction and Safety Standards (HUD Code) enacted June 15, 1976. All factory-built homes constructed after June 15, 1976 must comply with the HUD Code or local building code. can work at night).

Construction 78

Construction Loan Officers Training Lending 78

GoForrmz

SEPTEMBER 5, 2024

Companies that rely on field technicians, such as those in utilities, construction, and maintenance services, often face communication, data management, and resource allocation challenges. Digital forms offer a modern alternative, allowing field technicians to collect data on-site using mobile devices.

Tools 78

Tools Inspection Technology Modernization 78

GoForrmz

APRIL 26, 2023

This means 10 construction workers lacking adequate fall protection on a job site could potentially mean a $15,625 fine times 10, or $156,250. Prior to this plan, violations were grouped, meaning if 10 construction workers lacked proper PPE, the fine would only be $14,502.

Training 78

Training Business Inspection Construction 78

Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. A desktop appraisal , also known as an appraisal without an onsite inspection, is a faster way to complete an appraisal for a home loan. But what is a desktop appraisal, how does it work, and how does it compare to a full appraisal? What is a desktop appraisal?

Valuation 69

Valuation Appraisal Inspection Appraisal Process 69

Raleigh Realty

APRIL 24, 2022

Sustainable Renovations for Every Room Whether you buy an older home or a new construction home, there are most likely modifications and renovations you can do to make your new house more eco-friendly. Purchase a dishwasher with an energy-saving mode. Only run the dishwasher when it is full. Then, they identify areas of inefficiency.

Renovations 144

Renovations Modernization Inspection Construction 144

Lamacchia Realty

JULY 2, 2024

Homeowners should inspect for any signs of damage after storms and keep the roof clear of debris to prevent water damage and algae growth. Regular inspections and prompt repair of cracked or broken tiles can help maintain the roof’s integrity. However, regular maintenance is essential to extend their lifespan.

Renovations 50

Renovations Inspection Transportation Modernization 50

Eppraisal

OCTOBER 20, 2023

To prevent plumbing problems, hire a licensed plumber with a strong track record to inspect your existing system before starting the project. Inspect for water seepage — a common issue in older homes where water can infiltrate from the roof, walls and leaky plumbing lines.

Renovations 36

Renovations Supply Chain Inspection Modernization 36

Eppraisal

MARCH 28, 2023

That question centers around whether they prefer new construction to a pre-existing house that has had previous occupants. Advantages and Disadvantages of New Construction According to Realtor.com, one-third of all homes on the market are new, i.e. recently built with no previous inhabitants. Drawbacks exist alongside benefits.

Construction 36

Construction Inspection Property Taxes Home Value 36

Appraisal Today

NOVEMBER 17, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Liability, Bias, reviewers with little experience, GSE modernization, unusual homes, mortgage origination stats, etc. acre lot A spectacular midcentury modern home, cantilevered 16 feet in the air, recently hit the market for $3 million in Oakland, CA.

Appraisal 70

Appraisal Modernization Training Business 70

Will Springer Realtor

SEPTEMBER 8, 2021

Builders began construction on just under a million single-family homes in 2020. It was only in June when I shared an initial look at Avenue Bellevue , a grand residential and hotel community that is under construction in the heart of the city. Update: The home is now Pending Inspection…sorry!]. That’s the most since 2007.

Construction 36

Construction Inventory Buyers Real Estate 36

Appraisal Today

JANUARY 31, 2025

By Kevin Hecht Excerpts: When to Use the Cost Approach There are circumstances when its necessary to use the cost approach, for example, unique properties and new construction. If you only do GSE appraisals, you probably dont use the Cost Approach very often, except for new construction. This article explains when and why.

Appraisal 63

Appraisal Contracts Real Estate Insurance 63

Will Springer Realtor

MARCH 10, 2023

The structures have been topped out and construction cranes are coming down. The 20-story luxury condo Mari is under construction with a 2024 target opening. A friendly reminder: Whether new construction or resale condos, always visit the sales gallery or home with a buyer broker for trusted representation. It’s a 6-bedroom, 4.5-bath

Construction 36

Construction Modernization Inspection Buyers 36

Appraisal Today

AUGUST 18, 2023

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. This was the same process many of us underwent with the exterior-only (drive-by) inspections.

Appraisal 76

Appraisal Contracts Inspection Real Estate 76

Eppraisal

FEBRUARY 20, 2024

Their solid construction and intricate wooden accents showcase the commitment of the initial builders. Heating and Cooling Inefficient heating methods found in older homes can benefit from modernization, which leads to substantial energy savings. Regular inspections and maintenance can prevent costly repairs and ensure safe operation.

Architecture 36

Architecture Inspection Renovations Modernization 36

Will Springer Realtor

APRIL 23, 2024

Many experts in the construction business suggest the Home Energy Rating System index is most relevant to today’s consumers, including home buyers and sellers. Since wood is one of the primary materials in home construction, certifications for companies at the source can be important to our sustainability mission and the wishes of consumers.

Land Management 36

Land Management Construction Development Design 36

Appraisal Today

JANUARY 26, 2024

Personal Inspection I recently completed an appraisal on a residential dwelling for Lender A that sells loans to Fannie Mae and Freddie Mac and the report was completed on a GSE form. Lender B indicated there wasno need for me to re-inspect the home, since my previous inspection date was only a few days earlier.

Appraisal 86

Appraisal Contracts Mortgage Inspection 86

Appraisal Today

OCTOBER 13, 2023

Though the hotel never came to be, the lobby, which appears to grow out from within the rocky overlook, was constructed. It’s quite amazing how the midcentury modern style has endured, persisted, and reemerged. The inspiration: Paro Taktsang Monastery in Bhutan, perhaps one of the most famous cliff-hanging structures in the world.

Appraisal 81

Appraisal Law Contracts Business 81