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When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. In many cases, this means that a person (who may or may not be an appraiser) collects information on the property via propertyinspection and a computer does the valuation. I keep hearing about the automated appraisal.
When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. In many cases, this means that a person (who may or may not be an appraiser) collects information on the property via propertyinspection and a computer does the valuation. I keep hearing about the automated appraisal.
All Advisory Opinions, Frequently Asked Questions and the recently launched Reference Manual will now be part of a standalone publication called the 2024 USPAP Guidance and Reference Manual. You can also purchase a linked digital version of the eUSPAP and Guidance and Reference Manual and get seamless access across both documents.
My talk focused on PropertyInspections, which – to an outsider – might seem to be a straight-forward topic. So, with the changes in the first mortgage space, I asked the audience to consider several questions, when examining the varied face of propertyinspections that are currently in practice in the overall valuation profession.
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