Appraisal is a frequently used and often maligned method to adjudicate disputes in the property insurance world. Typically, appraisal is used for the purposes of evaluation only and will not bring ...
As mortgage rates fluctuate based on decreasing housing inventory volume, the appraisal market is more volatile than ever in key areas such as urban and rural communities states like California and ...
Home appraisals are critical to the home buying and selling process. While they’re one of the best opportunities for an objective party outside the deal to assess a home’s true value, they can also ...
A recent article in Governing explored how “local governments are changing the frequency of performance evaluations, who receives them and what they're assessing.” To me, this is definitely a good ...
You have your accepted contract in hand, a closing date, and many things to do before your loan is approved. One of these items is the appraisal, which if not everything works out properly can quash ...
Lenders are facing increasing pressure to modernize their home lending operations, lower costs, and reduce risk following a rapid rise of interest rates and resulting cooling of the housing market.
Learn what an appraiser will look for in a home Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps ...
Former Ginnie Mae president says appraisal reform is stalling, calls for Congress to embrace data-driven valuations A former head of the Government National Mortgage Association (Ginnie Mae) is ...
The world’s population has grown to nearly 8 billion from roughly 2.5 billion in 1950. With this growth has come the demand for housing, especially in the United States, as 70+ million people in their ...
Explore how racial bias affects home appraisals, leading to devaluation and $156B in losses, and discover proposed solutions for equitable valuation.