Inspection Modernization Reference 
Appraisal Buzz
APRIL 9, 2025
This solution became essential for post-disaster inspections during hurricane season. Using mobile video streaming, Valligents virtual inspection team guides property contacts through the process, completing 1004D orders in hours. Virtual inspections cost less than half of the onsite alternatives and accelerate loan closings.
Appraisal Buzz
JULY 8, 2024
We all have seen the buzz phrases: appraisal modernization, bifurcation, data collectors, desktop and hybrid appraisals, and observation (rather than Inspection). Some of these have been around for many years. Think of it like a dental hygienist cleaning your teeth with the dentist checking and approving the work.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
Appraisal Buzz
FEBRUARY 7, 2022
Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. Desktop refers to a scope of work where the appraiser did not perform any level of viewing of the property and relied on other sources to gather property details. Lenders rely on regulation and policy.
Housing Wire
JUNE 14, 2022
Desktop appraisals and hybrid appraisals, where an independent third-party inspects the property, both “reduce costs to the borrower and reduce potential risk of bias by creating greater separation between the appraiser and borrower,” wrote Fannie Mae. Fannie Mae also included efforts to “modernize” appraisals in its equity plans.
Housing Wire
JUNE 2, 2022
As the traditional in-person notarization process can involve hundreds of paper records, you’re also losing the eco-friendly appeal with modern borrowers expecting a paperless process. BW : In-Person Electronic Notarization (IPEN) has been around for many years, often referred to as simply electronic notarization.
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. The kitchen is also one of the areas that is commonly in need of modernization, from outdated appliances to antiquated cabinet styles.
Expert insights. Personalized for you.
221 
Let's personalize your content