Housing Wire

SEPTEMBER 5, 2024

The FHA should critically evaluate and simplify inspection criteria, review the inspection requirements for FHA appraisals, and modernize criteria wherever possible “to help reduce homebuying hurdles over non-essential, smaller home repair issues,” the authors wrote.

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Housing Wire

AUGUST 8, 2022

In a recent survey by the National Association of Realtors , floor plans ranked as the third most desired listing feature for homebuyers, after photos and detailed listing information. But floor plans are a relative rarity on multiple listings services: only 10-15% home listings in the U.S. have floor plans. said Allen. Presented by: Rently.

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Property Management Technology Real Estate Valuation 525

Housing Wire

AUGUST 7, 2023

Tony Pistilli, general manager of valuations for Restb.ai, expressed his enthusiasm about the collaboration: “Working with Bradford, we are providing the newest and most advanced AI technology to accelerate the modernization of the appraisal process.” This is a service every appraiser needs to improve their inspection efficiency.”

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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.” “Manufactured homes are an affordable housing option for Americans across the country,” said HUD Acting Secretary Adrianne Todman.

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Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. Freddie Mac’s appraisal modernization strategy With these challenges in mind, Freddie Mac continues to work on modernizing the appraisal process for lenders that deliver loans to Freddie Mac.

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Valuation Modernization Training Appraisal Process 369

Housing Wire

FEBRUARY 20, 2024

Appraisal modernization is vital. Gareth Borcherds , managing director Ascent Software Group outlines the three categories to be aware of, how appraisal modernization can help scale new initiatives and more in this executive conversation. Many reasons given for appraisal modernization stem from appraisal turnaround times.

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Appraisal Buzz

FEBRUARY 7, 2022

Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. We live in a world that is transitioning from the Information Age to the Digital Age. Inspection relief was successful as lenders and appraisers developed appropriate processes. Catalysts of change.

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Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. You can now glean condition and quality information through image recognition.

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Appraisal Technology Modernization Real Estate Agent 448

GoForrmz

FEBRUARY 17, 2025

GoFormz offers a powerful digital solution to modernize AEC workflows with mobile forms that improve collaboration, enhance decision-making, ensure data security, and simplify regulatory compliance. Enhance Data Accuracy and Security Paper-based documentation is prone to human error, misplacement, and damage.

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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. The second are streamlined integrations. We are a technology company first.

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Technology Appraisal Modernization Valuation 370

Housing Wire

MAY 25, 2021

Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. In these scenarios, no inspection or appraisal of any kind is performed on the property. And appraisal waivers would be informed, not blind.

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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. It’s incumbent on the appraiser to verify and determine they have accurate, reliable, credible information,” he said.

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Appraisal Valuation Technology Inspection 418

Appraisal Buzz

AUGUST 9, 2021

Local, State, and Federal policy can play a significant role in an appraiser’s business – it is important to stay informed about what is happening around us. Not so long ago, there were very few appraisers that knew about property inspection waivers. Many, many years ago, the majority of appraisers had no idea what an AMC was.

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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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Housing Wire

JANUARY 31, 2021

And during these hectic times, they could benefit from a solution that manages their portfolio to ensure they’re making well-informed decisions. ClearLabs has brought innovative solutions to the market, including OwnerInsight , a first-to-market homeowner-enabled appraisal inspection tool, available free to all lenders, appraisers, and AMCs.

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Valuation Technology Real Estate Development 362

GoForrmz

JANUARY 16, 2025

Digital Forms and Enhanced Data Capture One of the most impactful shifts in modern construction management is the transition from paper-based forms to digital forms. Whether for daily logs, safety checklists, or an invoice form, digital data capture ensures that critical project information is accessible, accurate, and secure.

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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. It’s a welcome move for mortgage tech firms in terms of modernization in the industry.

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Valuation Appraisal Modernization Inspection 284

GoForrmz

MARCH 31, 2025

Missing inspection forms or outdated maintenance records can lead to regulatory violations and hazardous job site conditions, posing significant threats to construction site safety. GoFormz allows for automated alerts for scheduled inspections, maintenance, and repairs, ensuring all equipment remains in top condition.

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Appraiserblogs

MARCH 8, 2023

Appraisers, something – comparing and contrasting – dawned on me last week, after reading another news release titled “Dean Kelker: Appraisal Modernization is Starting to Gain Momentum“, which is basically pushing an “Enterprise” singular ‘agenda’ of valuation speed regardless of accuracy. Under the banner of “modernization.”

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Housing Wire

JUNE 14, 2022

Fannie Mae and Freddie Mac’s equitable housing finance plans further expand non-traditional property appraisals, which sometimes rely on property tax information, data collected by third parties, or algorithms to assess a property’s value. Fannie Mae also included efforts to “modernize” appraisals in its equity plans.

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Appraisal Valuation Inspection Law 370

Housing Wire

MAY 31, 2021

Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery. SCOUT enables remote property inspections, which has been critical during the COVID-19 pandemic,” Black Knight CEO Anthony Jabbour said.

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Birmingham Appraisal

APRIL 4, 2023

However, in recent years, the rise of data collectors has brought into question the integrity of modern appraisals. Data collectors are individuals or companies who collect information on properties, such as their size, age, and location, and then provide this information to appraisers who use it to provide opinions of value.

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Modernization Appraisal Inspection Training 95

GoForrmz

NOVEMBER 21, 2024

The Problem with Traditional Data Collection Construction projects rely heavily on data, from safety inspections and daily logs to permits and inventory tracking. The Role of Real-Time Data Capture in Construction Real-time data capture refers to the use of digital tools to collect, store, and share information instantly.

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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. For example, a loan processor may use a modern LOS to order a flood certification, title report, AUS decision or data verifications, but once the order has been placed, what if the data doesn’t arrive?

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Lending Mortgage Technology Modernization 393

Appraisal Buzz

FEBRUARY 17, 2025

Some of this information isnt available online, so you may have to pay a visit to your local planning department. First, inspect the site. This requires a little detective work. Variances can be especially tricky to find, but they can also have a major effect on a potential use, so dont neglect them.

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Legal Appraisal Easement Valuation 243

Appraisal Buzz

MARCH 28, 2022

The appraiser’s duty of care is to present factual information about the property that they are appraising. Review the methods on how you develop and record field measurements to ensure you are obtaining the required information to properly calculate and report when completing your appraisal assignments. Appraiser Responsibility.

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Appraisal Tools Technology Inspection 370

GoForrmz

FEBRUARY 4, 2025

Standardized Reporting: Ensure all necessary information is collected with required fields and automated workflows. 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.

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Logistics Inspection Construction Transportation 78

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. Currently, the only climate-related information on the report is the flood map.

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HOA Insurance Legal Fees Valuation 370

Appraisal Partners Blog

JANUARY 12, 2025

This article will delve into the various technological tools and platforms that are modernizing the appraisal process, exploring the benefits, challenges, and future trends that are defining this evolution. These databases include historical records, sales information, and detailed property information that can be accessed from anywhere.

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Modernization Technology Appraisal Valuation 78

GoForrmz

JUNE 10, 2024

With GoFormz, companies can quickly create and distribute forms to capture the necessary data from the field, whether it’s for equipment inspections, safety checks, or compliance reporting. GoFormz empowers oil and gas companies with the ability to complete an inspection and instantly submit the findings to anyone else in the organization.

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Modernization Inspection Project Management Training 78

Appraisal Buzz

AUGUST 12, 2024

There will be many more data elements related to the inspection. Using a mobile device for inspections will be a must in the future. Furthermore, the ability to integrate market information from MLS and other data sources directly into the software will enhance the appraiser’s ability to perform accurate and timely analyses.

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Appraisal Inspection Lending Training 370

Appraisal Buzz

SEPTEMBER 1, 2021

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. Ideas of modernization and data integrity have been heavily debated topics in the real estate industry for some time. Our goal with Profet.ai

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DW Slater Company

FEBRUARY 24, 2022

There has been much discussion and questions regarding these products so I thought I would share some information and thoughts on the topic. Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. What about foul odors?

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Inspection Tools Appraisal Technology 154

GoForrmz

NOVEMBER 14, 2024

Enhanced Communication and Real-Time Updates Effective communication is the backbone of successful construction projects, and digital forms play a crucial role in keeping all parties informed in real-time. This real-time communication reduces misunderstandings and ensures everyone stays on the same page.

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Construction Project Management Modernization Inspection 78

Appraisal Buzz

JUNE 27, 2022

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. The same data acquired from an aerial inspection has value to a number of real estate industries players. Lamar: New tech provides new opportunities.

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Appraisal Inspection Valuation Real Estate 195

GoForrmz

JANUARY 24, 2022

Digital forms not only provide a more professional, modern means of documentation but also allow form builders to ensure information is entered more completely and accurately. Conditional Logic use case example Imagine you are a job site supervisor tasked with ensuring critical inspections and safety documentation is completed daily.

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Training Transportation Inspection Modernization 146

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. needed to replace manual paper documentation processes with a digital solution to modernize business operations and enhance productivity. For example, A.G.

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