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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. There are two things to walk away with today.

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. There are two things to walk away with today.

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What is a Hybrid Appraisal?

Robinson Appraisal Group

A hybrid appraisal is a valuation completed by a Licensed/Certified appraiser that is very similar to a desktop appraisal. It is a shorter appraisal form than the traditional appraisal and is performed by an appraiser who typically never visits the property.

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Home Appraisal vs. Home Inspection

CP Home Appraisals

A home inspector’s function is to study the structural, electrical, mechanical & plumbing in a home and document any problems or safety issues. Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a property inspector does.

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Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

My talk focused on Property Inspections, which – to an outsider – might seem to be a straight-forward topic. However, given current changes in the valuation space, nothing is further from the truth: valuation, specifically the collection of data that supports a valuation method, has never been one-size-fits-all.

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2024 USPAP For Appraisers

Appraisal Today

As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. Valuation By Comparison by Mark Ratterman, MAI Book Review.