Month: April 2021

Clipboard of building inspector

What Differentiates a Well-Written Commercial Appraisal?

The commercial appraisal industry includes many outstanding professionals who produce excellent appraisals. But what do you do when an appraisal produces more questions than answers? Narrative commercial appraisals come in many formats and can range from very brief to rivaling War and Peace in page count. Many include a lot of charts, graphs, statistics and calculations, but …

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Lost in The Headlines: Appraisal Fraud Risk on the Rise. What Are We Doing About It?

We’ve talked here before about the importance of valuation or appraisal data integrity.  We know that this was one (of more than a few) of the root issues at the heart of the subprime meltdown in the late 2000’s—investors suddenly found that they had portfolios with homes not only in default or foreclosure, but which …

Lost in The Headlines: Appraisal Fraud Risk on the Rise. What Are We Doing About It? Read More »

Business people at desk

Appraisal Accuracy is Everyone’s Job Part II: Accuracy is Everyone’s Job, BUT Only the Appraiser is Qualified to Determine Value.

We recently wrote a piece suggesting that consumers be engaged in (or at least, informed about and aware of) the appraisal and valuation process.  You can see that posting here. Of course, it’s always a good thing for the consumer to understand what he or she is getting himself/herself into.  But there’s also an opposite extreme …

Appraisal Accuracy is Everyone’s Job Part II: Accuracy is Everyone’s Job, BUT Only the Appraiser is Qualified to Determine Value. Read More »

Baby bathing in a basin on a lawn

More Efficiency In the Appraisal Process? Yes, Please. But Don’t Throw Out the Baby With the Bath Water.

The quest for the digital, end-to-end mortgage experience continues on, having really heated up in the past 18 months. This is largely a positive development, in fact, maybe a necessary evolution for the mortgage industry.  As painful as it is to admit, the process of getting a mortgage and into a new home is nowhere …

More Efficiency In the Appraisal Process? Yes, Please. But Don’t Throw Out the Baby With the Bath Water. Read More »

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