As stated in each article in this series, the sales comparison approach is only as good as the comparables used to arrive at the value for the subject property....
The core foundation of the sales comparison approach to real estate appraisals is the quality of the comparables used and adjustments made to those comparables to arrive at a...
There are many steps in the process of reviewing appraisals and our focus in this series of articles is the comparable analysis step to validate the sales comparison approach....
The standards of real estate appraisal in the US includes 3 major methods for appraising the value of a real estate property – sales comparison approach, cost approach, and...
INTRODUCTION One of the top nationwide Appraisal Management Companies (AMC) that processes over 30K valuations per month wanted to get ready for desktop appraisals with dependable coverage and consistent...
Over the recent years the GSEs have been adapting their policies to embrace appraisal modernization driven by data and digitization. The objective is to introduce efficiencies into the appraisal...
PropMix has been developing various insights for valuation to empower the appraiser to produce accurate and transparent appraisals. Our latest addition is the determination of property orientation and corner/cul-de-sac...
Challenges in extracting data from a PDF Appraisal Form We define Appraisal Digitization as the process of extracting structured real estate valuation data from various appraisal forms produced by...
Appraisal documents contain valuable information for analytics and decision-making at various steps of the mortgage process. Extracting and standardizing the data embedded in these documents is the first step...
