Valuations

CBRE grows valuation business by acquiring Florida Valuation Group

Commercial real estate appraisal firm joining CBRE
CBRE is growing its commercial real estate valuation business, as the company announced this week that it acquired Florida Valuation Group, a commercial real estate appraisal firm that specializes in right-of-way appraisal and litigation support for eminent domain proceedings in Florida and the Southeast.
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Class Valuation invests in tech company InsideMaps to bring digital imaging to appraisals

Part of effort to “modernize” appraisal process
Class Valuation, a growing appraisal management company that recently changed its name from Class Appraisal, is investing in a tech company called InsideMaps to bring digital imaging and 3D mapping to the home appraisal process. According to the companies, Class Valuation made an equity investment in InsideMaps, which has developed technology to generate 3D tours and models of both the interior and exterior of homes while also creating a detailed data set about the home itself.
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From HW Magazine

Hybrid valuation solution can be deployed according to a lender's risk evaluation

Property Rx provides a single point of contact for a breadth of valuation solutions
In today’s ever-changing lending environment, rising origination costs and regulatory burdens are prompting lenders to look for reliable solutions that leverage convenience and speed at an affordable price — especially in the valuation space. With the expertise from of over 35 years in the business, Valuation Partners recognized the market’s need for a hybrid valuation solution and developed its Property Rx to meet that need.
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From HW Magazine

eTrac from Global DMS delivers a comprehensive custom-configured workflow

Proprietary QC functionality ensures appraisal accuracy in the early stages of the process
In today’s mortgage industry, more and more lenders and AMCs are leveraging a comprehensive, custom-configured workflow that will automate the valuation management process through final delivery. As the regulatory environment intensifies and the cost to originate loans increases, so does the demand for a sophisticated appraisal solution.
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From HW Magazine

CoreLogic leverages data to deliver fast, accurate valuations

Centralized hub manages appraisal orders, AVMs, and title and closing services
Over the past several years, CoreLogic has significantly grown its valuations business through a series of acquisitions. With consumers, lenders, regulators and the GSEs expecting faster and more accurate valuations, CoreLogic delivers a host of comprehensive valuation tools for a seamless valuation process.  
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How to manage appraisal expectations on reverse mortgages

As gap between values and expectations widens, HECM experts share tips on navigating this tricky process
Any time a homebuyer seeks an appraisal as part of obtaining a mortgage, there's a good chance expectations won't align with the appraiser's verdict on value. For older homeowners seeking a reverse mortgage, this can be especially challenging, as a lower-than-expected value could preclude the borrower from securing the loan. How can HECM LOs best prepare borrowers ahead of an appraisal to avoid disappointment? Experts weigh in.
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