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Exploring the Benefits of Virtual Valuations for Homeowners

At Valligent, we surveyed 250 property contacts to get their views on virtual valuations. The feedback revealed a positive response, with 95% expressing satisfaction with virtual inspections. Moreover, 71% advocated for virtual valuations to become a standard practice across the industry. These statistics underscore the growing acceptance and appreciation for virtual valuation methods among property contacts.

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Banner of houses with title: Valligent Partners with Heartland Consulting to Support the USDA Nationwide

Valligent Partners with Heartland Consulting to Support the USDA Nationwide

Valligent, subsidiary of Veros Software company, providing market-leading real estate valuation solutions, is pleased to announce an exciting new collaboration with Heartland Consulting. This partnership marks significant milestone in Valligent’s journey, as it steps back into a pivotal role supporting the U.S. Department of Agriculture’s (USDA’s) single-family housing appraisal services.

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Appraisal Professional George Paquette, Valligent COO

Valuation Review: Marketing Your Business for Success For Appraisal Professionals

In the realm of real estate appraisal, the ability to effectively communicate one’s services and differentiate from competitors is paramount. Valuation Review’s recent report, “Marketing Your Business for Success”, comprised of several informative articles, delves deep into this topic, offering insights and strategies from appraisal industry professionals. One standout voice in this report is George Paquette, the Chief Operating Officer of Valligent, whose perspectives shed light on various aspects of appraiser branding and marketing.

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Banner image with title: Navigating Reconsideration of Value Requests: Tips for Appraisers

Navigating Reconsideration of Value Requests: Tips for Appraisers

As a real estate appraiser, you conduct a great deal of research and analysis to provide the most accurate residential appraisal report for each property. Receiving a “reconsideration of value” or “dispute” notification can be frustrating. Still, it can also be an opportunity to strengthen your relationship with the requesting client(s) if handled positively, objectively, and professionally. George Paquette, Valligent’s COO, offers invaluable tips on navigating these requests with a positive mindset and professional approach.

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Veros and Valligent Applaud FHA’s and the GSEs’ New Reconsideration of Value Guidelines

In a significant move towards fairness and transparency in the housing market, the U.S. Department of Housing and Urban Development (HUD) and the government-sponsored enterprises (GSEs) have introduced new reconsideration of value (ROV) guidelines. Announced on May 1, 2024, these updates enable borrowers to request reassessments of their property’s appraised value if they suspect inaccuracies or biases. The new HUD policy (HUD No. 24-096), effective September 2, 2024, and updates from Fannie Mae® (SEL-2024-03, B4-1.3-12) and Freddie Mac® (Bulletin 2024-6), effective August 29, 2024, establish clear frameworks for lenders to handle borrower initiated ROV requests.

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Virtual Property Inspections vs. Traditional Inspections

The emergence of virtual property inspections has transformed the way we assess homes, making the process more efficient and convenient. This blog compares the use of virtual property inspections in lending with traditional property inspections and highlights the pros and cons of each approach.

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Transforming Lending with Virtual Property Inspections

The lending landscape is evolving, and lenders are embracing digital solutions to streamline their processes and serve their clients better. Virtual property inspections have emerged as a game-changing tool for lenders, offering innovative ways to assess and value properties. In this blog, we explore the best use cases for virtual property inspections from a lender’s perspective, highlighting how this technology is reshaping the industry.

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