Congress closer to prodding VA to update appraisal requirements
The Department of Veterans Affairs allows desktop appraisals when borrowers put 20% down, but nearly 90% of VA-backed loans are made to homebuyers who put zero down
by Matt Carter Sep 15
New tools from Clear Capital facilitate desktop appraisals
Real estate agents and brokers approved by Clear Capital provide property information that supplements data from public sources, helping appraisers complete accurate desktop appraisals
by Matt Carter Mar 31
Clear Capital acquires floor plan app CubiCasa
CubiCasa's mobile scanner provides real estate photographers, staging professionals, interior designers and contractors a sub-5 minute solution for acquiring space dimensions and construction insight
by Craig C. Rowe Sep 28
Banks can now delay appraisals for up to 120 days after closing
In addition to allowing lenders to delay appraisals, the temporary rule also allows for desktop appraisals and other forms of assessment flexibility
by Craig C. Rowe Apr 15