Housing Wire

SEPTEMBER 13, 2023

The CAPE aPCR tool can be applied across the valuation spectrum—from adding condition validation to an automated valuation model (AVM), to driving appraisal workflows. The common understanding of valuation, inspection and even property value is shifting, as more and more technology-enabled alternatives are emerging.

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Tools Valuation Inspection Investors 418

Housing Wire

AUGUST 5, 2022

HousingWire recently spoke with Erin Reed, vice president of originations, valuations and operations at ServiceLink about approaching appraisal modernization in an innovative way while addressing logistical challenges along the way. . Tasks like scheduling, property inspection and driving comps adds a great deal of time to the process.

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Appraisal Process Modernization Appraisal Logistics 435

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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Modernization Appraisal Inspection Valuation 418

Housing Wire

JULY 11, 2024

Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process. Advanced data collection: The future of appraisals Data collection is a cornerstone of Opteon’s strategy to revolutionize the valuation industry.

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Lending Appraisal Appraisal Process Valuation 465

Housing Wire

MARCH 3, 2023

Real estate valuation technology provider Clear Capital on Thursday launched Universal Data Collection (UDC), a product designed to support appraisal modernization. The UDC product provides lenders with tools for scalability, interchangeability and loan management, according to a statement.

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Modernization Appraisal Real Estate Valuation 418

Housing Wire

DECEMBER 24, 2020

Home services tech startup Porch.com made its debut on the Nasdaq Stock Exchange Thursday morning at a valuation of $523 million. 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.

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Inspection Insurance Finance Valuation 444

Appraisal Buzz

OCTOBER 14, 2024

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. They also are using computer vision to validate third-party valuations prepared by appraisal management companies.

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Valuation Renovations Technology Appraisal 368

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.” Here are six misconceptions surrounding what AVMs currently do for appraisal valuation: 1. ” Amazing, right?

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Appraisal Process Appraisal Valuation Renovations 397

Housing Wire

NOVEMBER 20, 2020

Artificial Intelligence company Quantarium announced on Thursday its partnership with Valligent Technologies to launch a condition adjusted “Quantarium Valuation Model” for equity lending, broker price opinions and real estate owned valuations. It can also factor in the effects of local events like foreclosures and recent sales.

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Valuation Technology Tools Business 448

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. Benefits the appraiser.

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Appraisal Inspection Technology Appraisal Process 397

Appraisal Buzz

JULY 25, 2022

I provide short and long-term consulting services related to valuation, education, review, and investigations. Josh: Multiple developers have created inspection apps which scan properties and generate floor plans and 3D representations of the improvements. Josh Walitt: I’m the principal consultant for Walitt Solutions.

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Appraisal Inspection Training Valuation 360

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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HOA Insurance Legal Fees Valuation 370

Housing Wire

OCTOBER 18, 2022

Automated Valuation Models (AVMs) are having a moment. For instance, we update underlying data, retrain our models, and run valuations on every residential property in the country every 24 hours. Cost is one of the reasons why AVMs have historically been the valuation product of choice for home equity products.

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Valuation Home Value Technology Lending 321

Housing Wire

JUNE 27, 2023

Automated mortgage technology provider Lender Toolkit announced this week that it has integrated with Reggora , an appraisal management software company that focuses on modernizing residential real estate valuations for mortgage lenders. “We are excited about the integration of our platform with Lender Toolkit’s AI Underwriter.

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Mortgage Modernization Appraisal Process Loan Conditions 360

Housing Wire

JULY 31, 2023

The software meets the industry’s expectations for swift, accurate valuations with compliance checks and compatibility to meet the new and updated appraisal guidelines. JaroDesk is an appraisal management platform designed for appraisal desks, appraisal management companies and appraisers and staff offices.

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Appraisal Appraisal Process Tools Inspection 370

Housing Wire

JANUARY 25, 2022

This will range from the technology used to conduct home appraisals and valuations, as well as the technology that lenders and appraisal vendors use to manage their operational workflows. We could soon be in a position where the majority of home inspections (including measurements, photos, etc.)

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Technology Appraisal Modernization Valuation 370

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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Supply Chain Construction Appraisal Real Estate 363

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. Phil King is vice president, principal product manager, EXOS Valuations at ServiceLink.

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Mortgage Technology Inspection Appraisal 448

Housing Wire

JULY 1, 2021

We’ve found that many people care more about public spaces than private spaces,” says Katie Lambert, an interior designer with Lambert Home, referring to different living areas in a home. That being said, we look at certain items on our inspections that play into the final valuation depending on the home.”.

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Renovations Valuation Appraisal Investing 448

Appraisal Buzz

SEPTEMBER 1, 2021

LLC, a leading provider of real estate valuation solutions with their flagship valuation platform called – Profet.ai. This partnership will reduce the friction in the bifurcated appraisal process by enabling a seamless integration of property inspection data and analytics in appraisal workflows. Our goal with Profet.ai

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Appraisal Valuation Real Estate Modernization 195

Appraisal Partners Blog

JANUARY 20, 2025

But what exactly is a residential appraisal, why is it necessary, and what factors influence the final valuation? Its conducted by a licensed or certified appraiser who adheres to strict ethical guidelines and valuation principles. This valuation is crucial for a multitude of reasons. They will be aware of any deficiencies.

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Appraisal Buzz

JUNE 27, 2022

Class Valuation, McKissock, and DataMaster are hosting a Free webinar on “ Staying Relevant in the Appraisal Industry ” June 28th at 2 pm with Mel Black, Matt Simmons, Jared Preisler, and Lamar Ellis. Lamar: I have over 30 years of real estate valuation experience and hold the Appraisal Institute designations of MAI and SRA.

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Appraisal Inspection Valuation Real Estate 195

Housing Wire

JUNE 7, 2022

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. But unless the automation is specifically designed to solve these problems, it stands little chance of being effective.

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Lending Mortgage Technology Modernization 383

Appraisal Buzz

MAY 31, 2022

As we all know, the home valuation is an integral part of the lending process that helps Americans in their journey to homeownership. While both terms speak to processes and activities, quality control is focused on analysis and inspection, and is in place to ensure that quality is at a specified level to uphold the manufactured product.

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Real Estate Valuation Lending Appraisal 221

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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Appraisal Inspection Appraisal Process Valuation 135

Clear Capital

NOVEMBER 29, 2022

Today, we’re thrilled to announce the launch of Interactive ClearAVM (automated valuation model). ClearAVM is an AI-based, investment-grade AVM that produces reliable, highly-accurate market value predictions and uses machine learning to deliver property valuations on more than 139 million addresses across the United States.

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Valuation Valuation Review Inspection Market Value 69

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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Real Estate Open Houses Brokerage Real Estate Agent 462

Housing Wire

AUGUST 3, 2023

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.

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Real Estate Agent Real Estate Agents Tools 370

Appraiserblogs

MARCH 7, 2024

Despite its roots in a methodology designed to support appraisers, Value. It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. However, a closer examination reveals potential drawbacks, raising questions about its efficacy and impact on the housing market.

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Modernization Appraisal Valuation Appraisal Process 143

Realtor

FEBRUARY 18, 2025

While drive-by appraisals provide a quick and cost-effective way to estimate a homes value, they are not designed to replace traditional appraisals entirely. However, for homes where interior details are less critical, drive-by appraisals can still provide reliable valuations. Fairness : By focusing primarily on objective data (e.g.,

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Appraisal Real Estate Agent Valuation Inspection 100

Robinson Appraisal Group

JULY 18, 2019

A hybrid appraisal is a valuation completed by a Licensed/Certified appraiser that is very similar to a desktop appraisal. The hybrid appraisal is designed so the appraiser can complete the valuation in 30–60 minutes. Some hybrid appraisals have an exterior only inspection, while others include an interior inspection.

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Appraisal Inspection Property Inspector Valuation 78

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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Appraisal Inspection Appraisal Process Valuation 78

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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Appraisal Inspection Appraisal Process Valuation 78

The Robert Weiler Company

MAY 14, 2021

A designated trustee executes the transfer once the grantor has passed. During the probate process, the valuation of the estate is performed at the time of death. A critical piece of the probate and estate valuation process determines the value of everything within the estate. Your availability for conducting the appraisal.

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Real Estate Appraisal Legal Valuation 133

Appraisal Today

NOVEMBER 1, 2024

As an appraiser, understanding the nuances of kitchens is essential to providing credible and insightful valuations. Conversely, in high-end homes, buyers expect the latest designs, features and finishes; and therefore, an outdated kitchen may be considered as functional obsolescence.

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Appraisal Training Contracts Mortgage 83

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. Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls.

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Investors Marketing Renovations Real Estate 195

Birmingham Appraisal

NOVEMBER 20, 2024

Myth #2: Appraisals are the same as the Zillow Zestimate The Zillow Zestimate is a type of AVM (Automated Valuation Model) that takes information that is fed into it and uses it to spit out a value. Myth #8: Appraisals and home inspections are the same I get calls quite often from people who need a home inspection. Guess what?

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Real Estate Appraisal Inspection Contracts 91