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5 Signs You Need to Outsource Your Appraisal Report Writing Outsource appraisal report writing to save time and improve accuracy. Many appraisers and Appraisal Management Companies (AMCs) spend hours on report preparation, formatting, and compliance checks. By outsourcing this task, you can focus more on property inspections and client communication instead of paperwork. 1. Why […]
It’s a scenario every AMC manager knows well. An appraisal report lands in your queue. At first glance, it looks fine. But an hour later, you get the dreaded call from the lender’s underwriter—it’s been kicked back for revisions. Now you’re caught in a time-consuming back-and-forth between a frustrated client and a busy appraiser. Closings […]
The AMC’s Guide to Flawless Appraisals: A 7-Point Quality Control Checklist It’s a scenario every AMC manager knows well. An appraisal report lands in your queue. At first glance, it looks fine. But an hour later, you get the dreaded call from the lender’s underwriter—it’s been kicked back for revisions. Now you’re caught in a […]
Understanding UAD 3.6: A New Era for Appraisal Reporting The mortgage and appraisal industry is undergoing a major transformation with the rollout of UAD 3.6 (Uniform Appraisal Dataset). A modernization effort led by Fannie Mae and Freddie Mac. This update isn’t just a technical change; it’s a significant leap toward greater consistency, clarity, and compliance in […]
In the world of real estate valuation, having the right experience and certification is only part of what makes a successful appraiser. To truly stand out and receive consistent work from Appraisal Management Companies (AMCs), you need to understand your appraiser scorecard — and more importantly, how to improve it. This scorecard plays a critical […]
What Is an Appraisal Review? An appraisal review is a vital process in the real estate industry that evaluates the quality, accuracy, and reliability of a real estate appraisal report. This review ensures that the appraisal meets industry standards, follows proper methodologies, and provides a credible valuation of the property. Those are essential in reducing […]
Must Watch Appraisal Management Trends in 2025 The appraisal management industry is experiencing a significant shift, with key appraisal management trends in 2025 being driven by technological innovation. From Artificial Intelligence (AI) and machine learning to advanced automation, these trends are transforming how appraisers and appraisal management companies (AMCs) operate. The future promises greater accuracy, […]
If you’re an appraiser, you know how much time and effort goes into each appraisal assignment. From conducting property inspections to writing detailed reports, the workload can be overwhelming. On top of that, managing appointments, handling emails, and dealing with administrative tasks can eat up even more of your valuable time. But what if there […]
Reconsideration of Value (ROV): What Lenders and Appraisers Need to Know If you’re in the mortgage or real estate world, you know how important property appraisals are. They help decide loan amounts and ensure fair property transactions. But what happens when the appraisal value feels off? That’s where the Reconsideration of Value (ROV) comes in. […]
When you decide to buy a home, one of the first things you’ll need to do is figure out how to finance it. This usually means taking out a mortgage loan. But with so many options available, choosing the right mortgage can feel overwhelming. The good news is that once you understand the types of […]