Chicagoland Appraisal Blog

MARCH 9, 2024

Sometimes consumers equate the appraisal inspection as a professional home inspection. Home Inspection A licensed home inspector performs a home inspection. Home inspections, which typically span hours, encompass various elements including electrical systems, plumbing, HVAC, roofing, and structural components.

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Appraisal Buzz

JULY 19, 2022

This woman said that she has been using an iPad for years to do her mobile inspections, but had heard … Read More. The post Smart Inspections appeared first on Appraisal Buzz. I was recently contacted by an individual with a question.

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Housing Wire

JANUARY 26, 2021

People often confuse the home appraisal with the home inspection. Inspections, on the other hand, are designed to assess the condition of the home, and they’re 100% optional for the buyer. Are you considering skipping the home inspection? A home inspection ensures you have the full picture regarding a property’s costs and value.

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Housing Wire

JULY 27, 2022

Charleston, South Carolina-based real estate tech firm PunchListUSA , which calls itself the first platform digitizing national home inspection data , closed on a $39 million Series A funding round this week. . ’s largest home inspection services providers, to offer customers instant repair estimates. .

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Housing Wire

JUNE 11, 2021

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Home Inspection. Have you budgeted for closing costs?

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Housing Wire

NOVEMBER 18, 2020

In most cases the in-person inspections required by GSEs, FHA and VA policies can continue per policy; however, adjustments to policy compliance are often needed to get the loan underwritten. When inspections are safe and feasible, appraisers are wearing personal protective equipment (PPE) such as masks, gloves and shoe coverings.

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Appraisal Buzz

DECEMBER 15, 2021

In today’s Buzzcast, we dive into the heated debate from Valuation Expo, “To Inspect or not to Inspect” where we discuss both sides to the new bifurcated appraisal. The post Revisiting To Inspect or Not to Inspect with Jordan Petkovski appeared first on Appraisal Buzz.

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Appraisal Buzz

DECEMBER 15, 2021

In today’s Buzzcast, we dive into the heated debate from Valuation Expo, “To Inspect or not to Inspect” where we discuss both sides to the new bifurcated appraisal. The post Revisiting To Inspect or Not to Inspect with Jordan Petkovski appeared first on Appraisal Buzz.

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Appraisal Buzz

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? FHA appraisal assignments ) because they don’t want to be considered a “home inspector.”

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Housing Wire

AUGUST 7, 2020

The Department of Housing and Urban Development said it was resuming in-person inspections of public housing units, though families concerned about the spread of COVID-19 can decline to have a HUD worker in their home. The post HUD resumes inspections of public housing units amid COVID-19 pandemic appeared first on HousingWire.

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Housing Wire

APRIL 30, 2022

Incenter Appraisal Management’s RemoteVal technology allows appraisers to cut out all physical travel and get more inspections done, in turn generating more orders per day that they can complete. The real difference with RemoteVal is that it keeps appraisers in full control of the appraisal inspection,” said Erik Pogwist, Chief Appraiser.

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Housing Wire

MAY 2, 2021

To help mitigate these pain points, Incenter Appraisal Management is offering remote BPO and remote inspection capabilities paired with AVMs. Incenter’s Remote BPO and remote Inspections don’t require homeowners to download mobile applications and take pictures on their own. Mark Walser, President of Appraisal Management.

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Appraisal Buzz

SEPTEMBER 1, 2021

The post Incenter Announces RemoteVal Inspection Technology appeared first on DSNews. The post Incenter Announces RemoteVal Inspection Technology appeared first on Appraisal Buzz. New offering allows appraisers to control a homeowners’ smartphone camera to capture time-stamped images from a remote location.

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Appraisal Buzz

JUNE 17, 2022

Below are five remote inspection tools worth. The post 5 Remote Inspection Tools for Desktop Appraisals appeared first on Appraisal Buzz. 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?

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Appraisal Buzz

SEPTEMBER 29, 2021

The post That Little Question of Forbearance Inspections appeared first on DSNews. The post That Little Question of Forbearance Inspections appeared first on Appraisal Buzz. As foreclosure moratoria begin to lift, Kerry Medel examines what lies ahead for the property preservation space (Sponsored Content).

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GoForrmz

SEPTEMBER 13, 2024

Streamline field service operations with digital inspection forms Inspection forms are a critical tool in the field service industry, serving as the backbone for maintaining high standards of quality, safety, and compliance.

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Appraisal Buzz

JANUARY 11, 2022

Not only will you conduct an extensive lot inspection before construction starts, but you may also need to visit the property during construction—to assess progress and detail. The post Appraising New Construction: Guidance for Follow-Up Inspections appeared first on Appraisal Buzz.

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Appraisal Buzz

AUGUST 10, 2021

Appraising a luxury home can be stressful, so preparation is important before commencing with a luxury home inspection. In this post, we provide valuable tips for preparing to inspect a luxury home, including some key questions to ask of the homeowner, agent, or builder about upgrades and amenities. Research the subject property.

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Raleigh Realty

JULY 31, 2022

Major Home Inspection Issues and How to Handle Repairs If your home inspection turns up any of these 7 major issues it could be time to negotiate some mandatory fixes with the seller before you proceed with purchasing the home. After a home inspection, issues are going to arise. Structural Issues 1. Plumbing 3.

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Housing Wire

OCTOBER 22, 2024

Another policy applying to PDMDAs typically requires “damage inspection reports“ for properties in these areas. A new temporary waiver of a second 14-day incident period applies for inspection reports stemming from the Hurricane Milton disaster area, which was officially declared on Oct.

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GoForrmz

APRIL 23, 2024

Easily transition to a paperless operation with GoFormz digital forms Traditionally, conducting HVAC inspections involved cumbersome paperwork, time-consuming data entry, and potential errors. However, with the advent of digital forms and mobile technology, the inspection process has been streamlined and optimized for efficiency.

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Appraiserblogs

FEBRUARY 17, 2022

Why is the ASB proposing to remove the definition of Personal Inspection? As of 2023, if the ASB gets its way in a few weeks, the word “inspection” or “personal inspection” will no longer be defined in USPAP. USPAP Compliance & Hybrid Appraisals WHO does the SUBJECT INSPECTION? Would it be misleading to disclose….

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Raleigh Realty

FEBRUARY 2, 2022

Negotiating Repairs After a Home Inspection What fixes are mandatory after a home inspection? One of those steps is the home inspection and with the home inspection, major issues can arise. A home inspection provides the buyer with a detailed report of the home’s structure, plumbing, electrical, foundation, roof, etc.

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BiggerPockets

JUNE 7, 2024

As a landlord, conducting inspections for rental properties is essential. Without these, you never truly know what’s happening inside your property. Here's how.

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McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.

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Walitt Solutions

MAY 17, 2024

“Personal inspection” might mean many things to the ordinary “man on the street.” ” But to an appraiser, users of appraisal services, and regulatory agencies in the valuation space, “personal inspection” takes on a very specific meaning. The appraiser must be “at” (e.g.,

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Buys Brokers Only LLC

AUGUST 9, 2024

billion housing bond bill that included Senate language prohibiting offers to purchase a home conditioned on a home buyer waiving or limiting their rights to a home inspection. The Massachusetts House of Representatives and Senate agreed on a final $5.16

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GoForrmz

JULY 5, 2023

Effortlessly simplify your home inspections with the free GoFormz pre-delivery inspection form Template Home inspections are a vital step when it comes to purchasing a new home or home warranty. This feature can greatly enhance the home inspection process along with eliminating opportunities for human error.

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GoForrmz

FEBRUARY 29, 2024

The repair, inspection, and maintenance industries have seen recent drastic changes as a result of technological advancement In the unprecedented wake of the last few years, the repair, inspection, and maintenance industries faced significant challenges.

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BiggerPockets

AUGUST 5, 2024

Avoid costly surprises when buying property by addressing red flags in inspection reports. Learn why secondary inspections are crucial for high-risk issues.

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Birmingham Appraisal

SEPTEMBER 21, 2022

A Closer Look At The Final Inspection. You may have heard of an appraisal inspection but what is a final inspection? For many types of appraisals, there is only one inspection or observation as we like to call it. Because an appraisal is nothing like a home inspection, that term could be somewhat misleading.

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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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Will Springer Realtor

JANUARY 30, 2024

A home inspection is like a test drive for real estate. Just as you wouldn’t buy a car without knowing its condition, a home inspection ensures buyers are aware of the condition of the home they are considering purchasing. Despite this advice, a significant group of buyers forgo the inspection. It’s a smart thing to do.

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Housing Wire

OCTOBER 1, 2024

handbook, including inspection and repair escrow environments for loans that have yet to close. Properties in PDMDAs which have pending loans or endorsements, and which have been designated for individual assistance, must have “a damage inspection report that identifies and quantifies any dwelling damage.”

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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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McKissock

JANUARY 11, 2022

Not only will you conduct an extensive lot inspection before construction starts, but you may also need to visit the property during construction—to assess progress and detail when work is complete. You will also need to conduct a final inspection. Inspection during construction. Final inspection. Don’t be lenient.

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Housing Wire

APRIL 17, 2024

JaroInspect JaroInspect is the mobile inspection tool in the Jaro suite of appraisal tools. 2 The JaroInspect app quickly completes property inspections and utilizes a range of workflow tools to expedite user processes and enhance efficiency. #3 It is now introducing LIDAR floor plan technology to expedite the submission process.

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