Clear Capital

MAY 24, 2022

Each year, technology plays more of a role in valuing homes for property appraisals , loan originations, secondary market investments, and even portfolio monitoring. So when it comes to valuing properties in a volatile market, as we experienced in the years since the pandemic, choosing the right AVM is imperative.

Housing Market 69

Housing Market Valuation Marketing Real Estate 69

Clear Capital

MARCH 30, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Clear Capital ® , a national real estate valuation technology company, has announced the launch of Desktop Appraisal and Desktop Data Collection , two products designed to further modernize and increase certainty in the appraisal process.

Appraisal 69

Appraisal Valuation Real Estate Modernization 69

Appraisal Today

JANUARY 31, 2025

By Kevin Hecht Excerpts: When to Use the Cost Approach There are circumstances when its necessary to use the cost approach, for example, unique properties and new construction. Fannie Mae only accepts the sales comparison approach as its primary valuation tool.

Appraisal 64

Appraisal Contracts Real Estate Insurance 64

Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. How to take advantage of desktop appraisals.

Valuation 69

Valuation Appraisal Inspection Appraisal Process 69

AmeriMac

SEPTEMBER 17, 2024

Alternate valuation products are new tools for determining the market value of residential properties. Unlike regular appraisal methods, which mainly consider recent sales data and the property’s features, these products use more data points and different analytical techniques.

Valuation 36

Valuation Real Estate Technology Tools 36

Appraisal Today

AUGUST 18, 2023

Genius Scan This app gets a lot of love from appraisers. This tool is excellent for making copies of tax records, floor plans, etc. How will this affect your appraisal reports if you work in the affected areas? Genius Scan makes it easy to scan, upload, and share documents using your mobile devices. Or hit the reply button.

Appraisal 78

Appraisal Contracts Inspection Real Estate 78

Housing Wire

MAY 27, 2022

Likewise, a 2021 Freddie Mac study of more than 12 million appraisals dating back to 2015 found that appraisers’ opinions of value were more likely to fall below the contract price in Black and Latino census tracts. Some researchers point to appraisal methodology as a culprit.

Appraisal 418

Appraisal Valuation Technology Modernization 418

Clear Capital

JUNE 21, 2022

Fannie Mae’s study , while finding that homes owned by white borrowers were more often overvalued than homes owned by Black borrowers, furthered the discussion around Appraisal Modernization, including the use of AVMs in property valuations. Upcoming changes to AVM compliance and regulation .

Valuation 69

Valuation Technology Lending Real Estate 69

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.

Appraisal 370

Appraisal Valuation Inspection Law 370

Housing Wire

FEBRUARY 4, 2025

Because the Federal Reserve kept interest rates too low for too long during the pandemic, homebuyers are in a hangover period following one of the largest housing booms in modern history. Emerging from the pandemic, the chronic lack of inventory disrupted the principles of supply and demand, causing housing prices to soar.

Housing Market 344

Housing Market Marketing Inventory Home Value 344

Clear Capital

JANUARY 5, 2023

Appraisers are trained to provide an objective, unbiased analysis, but they also must rely upon data and methodologies that have been impacted by the systemic racism of redlining. New technology has emerged to help appraisers digitize the collection of data and respond to a changing regulatory environment. Technological advances.

Appraisal 69

Appraisal Modernization Valuation Appraisal Process 69

Appraisal Today

NOVEMBER 16, 2024

Well like any other appraisal question it depends on the scenario. Is it an image or text development tool, mathematical or data science based. Gen Ai is an excellent tool that can augment the appraisal process when it is navigated responsibly by the user. It also varies on the Gen AI being used.

Appraisal 82

Appraisal Valuation Contracts Architecture 82

Appraisal Buzz

JULY 11, 2024

From modern images of Santa Claus and Uncle Sam, Nast also popularized the donkey to represent the Democratic party and the elephant for the Republican party. I am not sure I agree with that outcome, but I do not like the government using the GSEs as a tool to administer some policy objectives related to housing and home price affordability.

Government 221

Government Housing Market Mortgage Finance 221