Smart Inspections
The Appraiser Coach
JULY 19, 2022
This woman said that she has been using an iPad for years to do her mobile inspections, but had heard. I was recently contacted by an individual with a question. Read More.
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The Appraiser Coach
JULY 19, 2022
This woman said that she has been using an iPad for years to do her mobile inspections, but had heard. I was recently contacted by an individual with a question. Read More.
Housing Wire
MAY 23, 2023
The need to physically inspect each property will be replaced with data or other inspection options in many cases. Tara Dugan, who works in marketing and real estate for Tavant, said that technology should focus on integrations and aggregations. These additional valuation options will lessen the opportunity for appraisal bias.”
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Housing Wire
MARCH 18, 2024
Intercontinental Exchange (ICE) Mortgage Technology introduced two new tools, Validate ROV and Validate Selector, to its growing suite of property valuation solutions, the company announced on Monday. Regulators are paying close attention to valuations for many valid reasons.
The Appraiser Coach
APRIL 20, 2021
I recently met with another appraiser who admitted to me he was still using a clipboard and pen. There are very few people out there still using these; most appraisers. Read More.
Housing Wire
JANUARY 3, 2022
Clear Capital’s data science team developed the product and built it into the already existing platform, a review system that automates collateral underwriting in compliance with internal credit policies and government-sponsored enterprise guidelines. At the moment, the technology is being piloted internally.
Housing Wire
SEPTEMBER 13, 2023
The common understanding of valuation, inspection and even property value is shifting, as more and more technology-enabled alternatives are emerging. CAPE Analytics said existing human-driven, visual inspections like traditional property condition reports (PCRs) miss 70% of property issues identified by the CAPE aPCR.
Appraisal Buzz
FEBRUARY 7, 2022
Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. During 2020 and 2021 as the Covid-19 pandemic global pandemic disrupted our lives and the way we all do business, regulators, agencies, and the government sponsored enterprises allowed inspection relief in certain circumstances.
Housing Wire
JULY 12, 2022
Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.
The Appraiser Coach
MAY 18, 2021
I probably take about 20-25 per house that I inspect. It is no secret that we as appraisers take a lot of photos. Then there are all the comp photos. Read More.
The Appraiser Coach
DECEMBER 13, 2022
Imagine you’re at an inspection. During your standard walk-through, you look out the window and see a car pull up into the driveway. Your mind starts racing when you see. Read More.
The Appraiser Coach
MARCH 12, 2021
Even when we’re out, we’re still doing work-related tasks like shooting pictures and doing inspections. Many appraisers work out of our homes, not interacting with office staff or other appraisers. Read More.
Housing Wire
AUGUST 3, 2022
The fragmented and decentralized appraisal management company sector is ripe for consolidation, amid increased regulatory pressures on appraisers and potentially disruptive technological changes. The model of “boutique” AMCs like AppraisalTek are under pressure to bear the cost of adopting new technology, Oglesby said.
The Appraiser Coach
JUNE 1, 2021
I woke up to a text the other morning from one of my employees. The text had been sent at 12:30 AM! Now, I turn my phone off at night. Read More.
Housing Wire
OCTOBER 2, 2023
Hybrid appraisals require a vetted and trained third party to inspect the property and gather data — including a floor plan — and deliver it to a licensed appraiser for a desktop appraisal. Xactus Appraisal Firewall X provides data for both processes.
Housing Wire
JANUARY 11, 2024
On the right tech mindset: Adam Carmel, Polly CEO : “When I was in lending, I think I always overestimated the impact technology or software, or more importantly, a switch in technology, would have on our business in the first six months or a year, and the difficulty in transitioning.
Housing Wire
FEBRUARY 7, 2022
It alleged the government-sponsored enterprise didn’t maintain foreclosed properties in communities of color as well as it did in white neighborhoods. “I As part of the settlement, the GSE said it would, or already has, enhanced its REO maintenance and marketing activities.
Housing Wire
MARCH 1, 2023
Change in uninsured losses As of late, however, the uninsured losses are being absorbed by other stakeholders in the housing finance system, including mortgage lenders, mortgage servicers, private mortgage insurers, government agencies, capital markets investors, and the government-sponsored enterprises.
Appraisal Buzz
MARCH 28, 2022
This duty of care is governed by the Uniform Standards of Professional Appraisal Practice (USPAP). Technology usage will vary by practitioners and by circumstance. These technology tools may include: Tape measures or other standardized physical measuring devices. Appraiser Responsibility. Laser measuring tools.
Housing Wire
MAY 2, 2022
From drive-through closings to drone-guided inspections, industry experts got creative to meet the growing demand for new homes for a surge of homebuyers and homeowners who wanted to take advantage of low interest rates. During the pandemic, loans were averaging more than 45 days to close, according to data from ICE Mortgage Technology.
The Appraiser Coach
AUGUST 31, 2021
I’m big on technology. One of my most used pieces of technology is my smartphone. I wanted to share with you some of the apps that I use all the. Read More.
The Appraiser Coach
APRIL 4, 2023
I’ve been talking recently about what I call the “principles of prosperity.” The last couple have had to do with money – what it is and how it works. Read More
Housing Wire
JUNE 9, 2022
Legacy renovation loans, which tend to have longer inspection periods and strict oversight of renovations, are not paid to borrowers in a lump sum, which can add a degree of difficulty when homeowners are ready to use the funds, according to Goldman.
Appraisal Buzz
JULY 22, 2024
Central, the MTech Forum will feature tech and subject-matter experts taking a deep dive into how technology is driving the industry forward, yet also creating hazards that must be addressed and accounted for. Whether you’re a lender, servicer, or technology provider, join us for this fascinating discussion of “what’s next?”
Housing Wire
JUNE 2, 2022
Acceptable multi-factor requirements are state-specific and may include knowledge-based authentication (KBA), automated authentication of government-issued photo ID, or visual inspection of ID through two-way video technology.
Housing Wire
JANUARY 31, 2021
Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans.
The Appraiser Coach
SEPTEMBER 7, 2021
Technology is important to your business. Sometimes, it can be a challenge to keep your computer, your systems, your network, your internet, and the software you use all running and. Read More.
McKissock
JUNE 17, 2022
Thanks to advances in remote appraisal technology, desktops are more convenient and reliable than ever before. Want to stay ahead of the curve with desktop appraisals and the latest technology? Below are five remote inspection tools worth looking into. Next on the list of of remote inspection tools is Anow Walkthrough.
Housing Wire
MARCH 21, 2023
Lender and appraisal management companies and other property data collection companies can now use Black Knight ‘s Scout mobile property inspection as part of the value acceptance plus property data process. The government-sponsored enterprise (GSE) approved six vendors following the roll-out of its new valuation initiative.
Appraisal Buzz
DECEMBER 20, 2021
Deephaven will provide brokers with Incenter Appraisal Management’s RemoteVal technology, which reduces appraisal turn times from weeks to days, without compromising the integrity of the process. Deephaven was founded in 2012 and led the rebuilding of the non-government mortgage market. About Incenter Appraisal Management.
Housing Wire
JUNE 7, 2022
Technology will be the most popular solution, but choosing to implement multi-million-dollar platforms to streamline operations introduces even more complexity before savings are realized. Servicers, especially those who service government-insured loan products, are under statutory time constraints that give them very little wiggle room.
Housing Wire
MAY 25, 2021
In these scenarios, no inspection or appraisal of any kind is performed on the property. Leveraging mobile technology, there is also no reason why real estate professionals today cannot perform the basic duties of onsite data collection. Poor data visibility. Real estate agents in particular understand local properties extremely well.
Housing Wire
JANUARY 7, 2021
With the integration, Blend will have access to the companies Dual AUS functionality – a product unveiled in 2018 with the ability to run an application through both systems and quickly identify property inspection waivers early on in the process.
Appraisal Buzz
SEPTEMBER 24, 2024
This panel explored ideas about modernizing the practices and processes involved in inspections, hazard claims and disaster response, and rural and urban necessities. Maher introduced the first of several panels scheduled throughout the day, “From Deficiencies to Efficiencies.”
Housing Wire
NOVEMBER 30, 2023
Culture, cutting-edge technology, marketing assistance, and training are key to succeeding as an Ohio real estate agent, so look for a brokerage that provides the agent services and resources you need to maximize reach for your clients. government-issued alien registration card U.S. government-issued military identification card U.S.
The Appraiser Coach
NOVEMBER 22, 2022
There are so many mind-boggling technological advancements out there and so many educational resources to take advantage of. What an opportunity it is to live in the information age. Read More.
GoForrmz
MAY 7, 2024
How digital forms are transforming the construction safety space As we celebrate Construction Safety Week, it's important to recognize how technology is reshaping how construction companies approach safety. Larson Company: Digitizing Safety Inspections Oscar W. By digitizing these forms, Oscar W.
Housing Wire
APRIL 27, 2023
If successful in the litigation, Blackbird stands to get a cut of any recoveries for the local governments. “To
The Appraiser Coach
NOVEMBER 15, 2023
You drive for an hour for an inspection. We’ve all been there before. When you get there, you knock on the door, only to have it opened by the kids. You ask them if their parents are home, to which they respond, “No.” When you call the parents, they say something like, “Oh, I’m not home right now, but the kids will let you in.”
The Appraiser Coach
OCTOBER 17, 2023
Isn’t technology these days pretty good for getting most information from the desktop? With the advent of the hybrid appraisal, it seems that the need for comp photos has become obsolete. If we don’t need original photos for hybrids, do we need them at all? Who honestly likes them anyway? How long have you been appraising?
The Appraiser Coach
DECEMBER 5, 2023
I had gone over to do an inspection for him, and we got to talking about how he had had another guy come through earlier to do an appraisal of his home. No matter what we think, people are not the creatures of logic and reason we like to think we are. I remember an interaction I had one day with a homeowner.
The Appraiser Coach
SEPTEMBER 28, 2021
All three states that I’m licensed in, Idaho, Utah and Wyoming, are non-disclosure states. I’ve never worked in a disclosure state and so I’m always a bit surprised when I’m. Read More.
The Appraiser Coach
JUNE 8, 2021
There are certain principles of good work and challenges that come when starting or running any business. Much of what we learn as business owners can also be passed on. Read More.
The Appraiser Coach
MAY 11, 2021
I recently had a question come in from a follower regarding how to best make time adjustments in this crazy world of multiple offers and offers over list. Read More.
The Appraiser Coach
MARCH 2, 2021
As a real estate appraisal provider, it can be hard to get into the home owner’s perspective. It seems that what is important to them may not directly translate into. Read More.
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