With Fannie Mae and Freddie Mac accepting desktop appraisals beginning in March, Incenter Appraisal Management and McKissock Learning are partnering to help appraisers update their remote inspection skills. The two organizations will jointly sponsor several webinars for appraisers seeking to master new remote inspection/desktop appraisal solutions, which are expected to increasingly become requirements in the future.
“Non-QM/Non-Agency lenders and credit unions are already seeking out AMCs and appraisal firms who offer remote appraisals. The GSE announcements about March 2022 start dates for desktop appraisals will likely lead to widespread adoption and lender usage,” Incenter Appraisal Management President Mark Walser said in a release. “We are excited to enable as many appraisers as possible to take advantage of this emerging demand.”
The organizations will launch their partnership with a Pro-Series webinar, Desktop Property Inspections with RemoteVal, on Feb. 3 from 5:00 pm – 6:30 pm, ET.
“McKissock Learning and Incenter Appraisal Management are equally focused on empowering appraisers to remain the key stakeholders in the appraisal process. RemoteVal training will help appraisers spend more time on professional analyses while maintaining overall control of the inspection process,” Renee Altier, president, Valuation and Property Services, Colibri Group, whose businesses include McKissock Learning, said.
Developed by Incenter Appraisal Management, RemoteVal is a new class of appraiser, centric technology for remote appraisal inspections. This solution already meets most remote inspection and desktop appraisal guidance and is USPAP compliant.
“We believe desktop appraisals should be driven by the appraiser for maximum veracity, and RemoteVal allows them to do the inspection remotely while verifying the property condition and measurements,” Walser said.
Using RemoteVal from their desks, appraisers can virtually inspect a property via a homeowner’s smartphone camera, directing them where to point the lens, and snap geographically verified, time-stamped images, video imagery, and closeups. RemoteVal’s built-in digital measuring tape enables appraisers to determine square footage/gross living area measurements, assess a home’s layout, and create the floor plan that the GSEs require.
McKissock instructor Josh Walitt, a compliance and valuation consultant and experienced appraiser, will lead the first webinar.