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Valuation

[img] House for Sale Hybrid Valuation Product

The Hybrid Appraisal Method: The New “It” Appraisal Method

By | Appraisals, Valuation | No Comments

The housing market across the United States is off to a strong start in 2018. As the snow starts to melt in the northern parts of the country, listing prices have begun their seasonal climb and have already reclaimed historic highs according to the February 2018 report from Realtor.com. Just three months into 2018, the housing market is already experiencing an inventory shortage for entry-level and mid-tier homes which means…

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12 POINT APPRAISAL CHECKLIST – How prepared are you?

By | Appraisals, Appraisers, Borrowers, Lenders, Loans, Mortgages, NAN University, Real Estate, Valuation, Webinar | No Comments

Before your next home appraisal, be sure to review and discuss our 12 Point Appraisal Checklist with your lender. Our team at Nationwide Appraisal Network has all the tools you need to prepare for your appraisal day. To learn more about appraisals, please visit our NAN University loaded with FREE webinars and whitepapers!   ABOUT NATIONWIDE APPRAISAL NETWORK- NAN is an industry leader in appraisal property valuations, providing a unique…

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Making a habit of accomplishing the impossible. Part III

By | AMC Communication, Customer Service, Nanners, Real Estate, Tradeshow, Valuation | No Comments

Making a habit of accomplishing the impossible. This month, Nationwide Appraisal Network (NAN) spotlights Joni Pilgrim, Co-Founder and Director of Sales & Business Development. Part 3 of our 3 part series We recently sat down with Joni Pilgrim, who shared details about her life, about the success of NAN, the importance of its people and the core value of upholding the promise of quality and service to its clients. What…

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Making a habit of accomplishing the impossible. Part II

By | Appraisals, Choosing an Appraisal Management Company, Customer Service, Lenders, Nanners, Press Release, Real Estate, Valuation | No Comments

Making a habit of accomplishing the impossible. This month, Nationwide Appraisal Network (NAN) spotlights Joni Pilgrim, Co-Founder and Director of Sales & Business Development. We recently sat down with Joni Pilgrim, who shared details about her life, about the success of NAN, the importance of its people and the core value of upholding the promise of quality and service to its clients. This is part 2 of a 3 part…

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{HOT TOPIC} Common questions about your home appraisal

By | Appraisals, Borrowers, Fannie Mae, Lenders, Valuation | No Comments

Did you know your home’s gross living area does not include your garage or any space below grade, like a basement? As a national appraisal management company, one of the most common questions we get from borrowers and even lenders revolves around how living area is calculated. We get asked about heated vs. non-heated spaces, finished and unfinished basements and even porch and patio areas. So does the appraiser actually…

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Understanding Appraisals

By | AMC Communication, Appraisal Compliance, Appraisals, Appraisers, Borrowers, Customer Service, Dodd-Frank, Fees, Mortgages, Nationwide Coverage, Valuation | No Comments

Effective January 2014, rules adopted by the Consumer Financial Protection Bureau (CFPB) allow borrowers to receive copies of all valuation products ordered with their loan (even if the lender did not rely on them three days prior to closing.) Various valuation products (appraisals, AVMs, BPOs) may produce different values and cause confusion for borrowers. 

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Appraiser Background Checks-The Future of Appraiser Vetting?

By | AMC Communication, AMC Technology, Appraisal Compliance, Appraisers, Nationwide Coverage, Valuation | No Comments

Aside from compliance, appraiser background checks are the hottest and possibly most controversial topic in the industry right now.  I’ve attended both the Five Star Conference and the Mortgage Bankers Association (MBA) 100th Annual Convention and Expo recently where this topic was at the forefront of many discussions.  Among the many points addressed: Is this necessary? Does this intrude upon appraisers rights? Will this produce more quality appraisals? Who is…

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FHA releases new FAQ for Valuation Protocol

By | Appraisal Compliance, Valuation | No Comments

Do you ever have questions regarding FHA guidelines, requirements and policies? If you’re like most appraisers and lenders in the industry, the answer is yes. Fortunately, FHA released an updated Frequently Asked Questions (FAQ) publication for Valuation Protocol. This is a very helpful tool for both appraisers and lenders. As an appraisal management company, we see lots of these questions on a daily basis coming from both sides. With FHA…

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Appraisal management company just upgraded their vendor payroll

By | Appraisals, Valuation | No Comments

If you’re an active residential appraiser, you have likely run into the problems described in the Working RE Appraiser Rater: AMC Ratings by Appraisers. At Nationwide Appraisal Network, we pride ourselves on the great relationships we build with both our clients and appraisers. As a national appraisal management company, we work hard to streamline our process in order to achieve the best results. We not only pay great fees for…

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