Appraisal Buzz

SEPTEMBER 12, 2024

This update of the HUD Code is long overdue and will help increase production while also ensuring modern designs to suit the needs of families.” In addition, the final rule includes more clarity regarding structural design requirements for attics.

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Housing Wire

SEPTEMBER 13, 2023

This latest product uses computer vision to assess aerial imagery from airplanes and other sources and extracts information about property conditions, with a focus on marketability and property value , the company said Wednesday. The solution renders an array of nationwide property information available in one PDF report.

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Housing Wire

DECEMBER 24, 2020

Porch, a home services marketplace with partners in insurance, utilities, home inspection and moving, plans to use the cash to pursue acquisitions to seize the opportunity in real estate. “Being a public company with with a very strong balance sheet allows us to be able to go and pursue those more quickly.”

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Housing Wire

MAY 6, 2024

In particular, HUD Form 92900–C is designed to “collect loan-level data that is needed for insuring purposes and not found on Fannie Mae form 1003,” according to the original announcement. HUD also plans to replace its use of some internal forms, including one used in conjunction with U.S. Department of Veterans Affairs (VA) loans.

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Housing Wire

JULY 11, 2024

Opteon’s data collection process involves comprehensive inspections of the subject property, both inside and out. This process is designed to capture detailed property characteristics, floor plans, and high-quality photos. This reduces the likelihood of errors or omissions that could otherwise delay the appraisal process.

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Housing Wire

AUGUST 31, 2023

The solutions, ACE+ PDR (automated collateral evaluation plus property data report) by Freddie Mac and Value Acceptance + Property Data by Fannie Mae, were designed to increase efficiencies for all stakeholders and lower costs in comparison to traditional appraisals, while maintaining the high risk mitigation standards employed by the GSEs.

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Housing Wire

NOVEMBER 30, 2023

In February, the FHA launched a request for information regarding the 203(k) program. Changes also include increases to the maximum amount for other allowable fees, including for draw inspection, which is $375.

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Housing Wire

MARCH 1, 2023

The Federal Housing Finance Agency (FHFA) issued a request for information in January 2021 focused on Climate and Natural Disaster Risk Management at Fannie Mae , Freddie Mac, and the Federal Home Loan Banks. property inspections) allowing them to restart their origination pipelines much sooner and continue to close loans without delay.

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Housing Wire

SEPTEMBER 23, 2021

Remote inspections have the power to make homeowners and appraisers more comfortable. Incenter Appraisal Management’s new remote appraisal inspection tool streamlines the appraisal process while ensuring appraisers stay in control of the inspection and data collection. Incenter recognizes the complexity of the appraisal process.

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Genworth MI Blog

FEBRUARY 18, 2021

The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower. To relieve some of the stress, savvy loan officers educate their borrowers on what to expect from an appraisal inspection and how to prepare. Tips for an On-Site Appraisal Inspection.

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GoForrmz

FEBRUARY 17, 2025

By replacing paper-based forms with dynamic, digital documents, AEC teams can collect and process information faster, eliminate redundancies, and enhance construction site safety. Construction site conditions like exposure to weather, dust, and spills can easily ruin physical documents, leading to lost information and costly rework.

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Housing Wire

MAY 12, 2021

Add to that a lack of nationwide standards, practices, and platforms for disseminating new information among professionals, let alone insights for consumers. Built Technologies in Nashville is one company that has created a suite of software to simplify loans, draws, and inspections for lenders and contractors. Creating transparency.

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Housing Wire

OCTOBER 10, 2023

Successful agents create effective and accurate CMA reports that help their clients make informed decisions. A CMA report includes information on similar, comparable properties in the area, including recent sales, active listings and current market trends. Property appraisal information Detailed outline or description of each property.

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Housing Wire

JULY 31, 2023

JaroDesk is an appraisal management platform designed for appraisal desks, appraisal management companies and appraisers and staff offices. And JaroInspect provides mobile inspection tools to collect and gather structured and accurate information about every property with PDC and PDR functionality.

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Appraisal Buzz

OCTOBER 14, 2024

Meanwhile, incomplete or inaccurate information can lead to faulty lending decisions that put lenders and their AMCs at risk. Today, new technology can assist appraisers, AMCs and lenders with visual inspection, analysis, and intelligence to validate information, detect issues, and derive data-backed insights on every loan.

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GoForrmz

JANUARY 16, 2025

Whether for daily logs, safety checklists, or an invoice form, digital data capture ensures that critical project information is accessible, accurate, and secure. When site data is instantly available, project managers can make informed adjustments, track progress more effectively, and identify potential issues before they escalate.

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Housing Wire

FEBRUARY 18, 2022

Further, Fannie notes, “Leveraging the wealth of big data, the power of advanced analytics, and the speed of technology, appraisers can perform desktop appraisals without physically inspecting the property.” This information is not known by AVMs, nor do they calculate possible value adjustments. ” Amazing, right?

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Housing Wire

NOVEMBER 20, 2020

It does so by prompting the AI to run hundreds of thousands of generations to understand and optimize information on micro-markets at the neighborhood, ZIP code or county level. Coupled with Valligent’s real-time streaming data and virtual inspection, the AI can then validate and learn what is most valuable in the data itself.

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GoForrmz

OCTOBER 21, 2024

Audio Features GoFormz provides two powerful audio features designed to enhance and simplify construction management. This is particularly beneficial when teams need to document large amounts of information quickly. Once the device reconnects to the network, the data is automatically synced, ensuring no information is lost or delayed.

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Housing Wire

SEPTEMBER 9, 2021

For example, from a scheduling standpoint, 58% of survey respondents stated they would be very likely/likely to self-schedule their appraisal, inspection and/or closing appointment online if the option was available to them. Keep borrowers informed, and ask their preferences about how and when they wish to be looped in.

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Appraisal Buzz

DECEMBER 13, 2021

My appraisal organization involvement includes Appraisal Institute membership where I hold the SRA and AI-RRS designations. I am also the past President of the North Texas Chapter of the National Association of Appraisers where I hold the MNAA designation and am currently on the Board of Directors. .

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Cleveland Appraisal Blog

OCTOBER 27, 2022

How can you prepare for the inspection? I hope you find this information helpful! Designing a beautiful landscape for your house is more crucial than you would think. As the big day approaches, we hope this information has been helpful to you. Are you anticipating having your home appraised? Curb appeal is important.

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Appraisal Buzz

MAY 6, 2024

Couple that with the new Florida regulation requiring HOAs to maintain reserve funds for future expenses related to maintenance and inspections, and it’s no surprise that HOA dues are soaring. According to Mehlomakulu, ICON’s homes are 350% stronger and are designed to outlive the traditional spec home by nearly triple their life expectancy.

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Appraisal Partners Blog

MARCH 18, 2025

Several factors can lead to an inaccurate property tax assessment: Errors in Property Records: The assessor’s records might contain incorrect information about your property, such as the wrong square footage, number of rooms, or features. The appraiser will: Conduct a thorough inspection of your property.

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Housing Wire

JANUARY 25, 2022

We could soon be in a position where the majority of home inspections (including measurements, photos, etc.) are completed by someone like a Realtor or gig-economy worker, and the information is then sent to the licensed appraiser to complete at their desk.

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Housing Wire

JUNE 7, 2022

And automation is only as good as the information flowing through, much of it coming from two data degrees of separation. On the servicing side, a default servicer will work with a number of third-party vendors to gather collateral valuation, title information, property inspections and field services reports.

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GoForrmz

FEBRUARY 24, 2025

Real-time data, streamlined workflows, and efficient quality control processes Data is an ever-present force, and in an industry where real-time access to precise information is essential, the importance of digital forms cannot be overstated for food processing facilities.

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Housing Wire

DECEMBER 8, 2023

We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school. Final Exam: To ensure that you have read and retained the necessary information, there is a final exam at the end of each course.

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Housing Wire

OCTOBER 18, 2022

Using AVMs in conjunction with a property condition or inspection report will yield highly accurate LTV ratios that further improve decisioning and mitigate risk. Our latest AVM Suite, Procision, reflects this pattern of technological evolution and it was designed specifically to meet the various needs of lenders and marketers.

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Housing Wire

AUGUST 3, 2023

It will instantly share new information with all connected AI systems, continually expanding its database and understand it in ways humans could not process. AI models might not account for qualitative aspects like architectural uniqueness, interior design quality or the emotional appeal of a home. AI knowledge is collective.

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Appraisal Buzz

JUNE 27, 2022

Lamar: I have over 30 years of real estate valuation experience and hold the Appraisal Institute designations of MAI and SRA. However, with technology gathering information faster, better, and more efficient than past methods, reliance on current technologies can make an appraiser irrelevant in the future.

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Appraisal Partners Blog

JANUARY 20, 2025

Unlike a home inspection, which assesses the physical condition of a property, an appraisal focuses solely on determining its fair market worth. Its important to note that the appraiser’s schedule and the availability of the property owner will influence the timing of this inspection. They will be aware of any deficiencies.

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GoForrmz

SEPTEMBER 17, 2024

Tracking vital information such as food temperatures, sanitation protocols, and kitchen hazards becomes cumbersome and prone to errors when handled manually. With integrated digital fields and smart logic, data entry becomes more accurate and timely, ensuring all necessary information is readily accessible and actionable.

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McKissock

MARCH 24, 2023

On April 12, 2023, McKissock Learning will host a FREE one-hour, non-credit Pro-Series webinar titled “Virtual Inspections with RemoteVal.” Plus, check out the FAQs below to learn some basic info about virtual property inspections with RemoteVal in advance of the webinar. Register now. What is RemoteVal?

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Boston Appraisal

OCTOBER 8, 2022

Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

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Genworth MI Blog

FEBRUARY 18, 2021

The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower. To relieve some of the stress, savvy loan officers educate their borrowers on what to expect from an appraisal inspection and how to prepare. Tips for an On-Site Appraisal Inspection.

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Housing Wire

APRIL 22, 2024

With Wise Pelican, you can try both — it’s a fantastic resource for beautifully designed postcards and letters. Always include your contact information and a call to action, such as an offer for a free home valuation. Perhaps they don’t receive strong enough offers or struggle to address issues that arise at home inspection.

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