Tag Archive for: desktop appraisal

Appraisal Waivers Are GIFTS From Fannie Mae; PIWs & PDCs; Appraisal Types

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In what is great news for every agent concerned about low appraisals - we have seen a significant increase in the number of Property Inspection Waivers (PIWs) and Property Data Collection reports (PDCs).Read More

Appraiser Shortage Makes 14 Day Close Impossible

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The COVID crisis forced lenders and investors to lighten up on physical inspection requirements, and our Appraisal Manager has tremendous discretion when it comes to deciding on whether to order a full appraisal (with a physical property inspection) or to just order an exterior-only (“drive-by”) or even a desktop (no field inspection at all) appraisal.Read More