An appraisal management company (AMC) plays many key roles in the home appraisal process. Its appraisal management services involve many moving parts. But most importantly, it ensures accuracy, fairness, compliance, and a better experience. Read on to learn why it is important to work with an appraisal management company and the benefits it provides to… The post Reasons to Work with an Appraisal Management Company appeared first on Kairos ..read more

When selling your home or buying a house, the appraisal and inspection are critical steps in the process. As they both involve a professional conducting an onsite examination of the property, it’s easy to confuse the two. However, there are key differences between a home appraisal and a home inspection. Is a Home Inspection the… The post Home Appraisal vs. Home Inspection: How They Differ appeared first on Kairos ..read more

When selling your home or refinancing your mortgage, the home appraisal inspection is a crucial step in the process. And of course you want the final appraisal report to reflect your home’s highest possible value. Remember, what your home is worth is also tied to your home equity. If the property appraises at a higher… The post Preparing for a Home Appraisal Inspection appeared first on Kairos ..read more

Have you seen the most recent updates to the Appraiser Independence Requirements? This is something worth paying attention to. These guidelines affect loan officers and how closely AMCs can work with mortgage brokers and lenders moving forward.   Lenders have previously been scrutinized for how they have interpreted the Appraisal Independence Requirements. But with the recent… The post Appraisal Independence Requirements for Mortgage Brokers appeared first on Kairos ..read more

Are you ready to put your house on the market and sell your home? You may wonder how your real estate agent arrived at a sales price and what factors influence your home’s appraised value. Whether you are delightfully surprised or disappointed in the pricing recommendation, it’s helpful to understand how homes are valued. While… The post 6 Factors That Impact a Home’s Appraised Value appeared first on Kairos ..read more

Wouldn’t it make things so much easier if there was a blog containing all the things residential appraisers want sellers to know about their home appraisals? We thought so too, because here it is! That’s right, we’re unveiling all the mysteries. (Well, maybe not all of them—you wouldn’t need us if you already knew everything.)… The post 5 Things Real Estate Appraisers Want You to Know appeared first on Kairos ..read more

At Kairos Appraisal, we take pride in providing an efficient and streamlined appraisal process that benefits our borrowers, our lending partners, and most importantly our appraisers. We talk a lot about our real estate appraisal tools, but one thing we don’t talk about enough is how we integrate technology to support our appraisers. At Kairos… The post Kairos’ Innovative Tools for Residential Appraisers appeared first on Kairos ..read more

When purchasing a home with a mortgage or refinancing, the transaction may require that a home appraisal inspection be done. This is because appraisals assure the lender that they are not issuing mortgages for more than what residential properties are worth. Appraisals are conducted by real estate appraisers, who must meet an educational requirement and… The post 7 Questions Residential Appraisers Ask Homeowners appeared first on Kairos ..read more

Buying a home today looks very different than it did in previous decades. From virtual house tours to applying for a mortgage online, the real estate industry has embraced new technology, weaving it into many of its processes. The home appraisal industry is beginning to use more technology, too. If you are buying or selling… The post How Technology Improves the Home Appraisal Process appeared first on Kairos ..read more

The home appraisal report plays a significant role in the home buying process. This article provides a brief overview of its various sections and what is covered in each, so you can gain a better understanding of how to read a home appraisal report. In this article, we’ll walk you through the Uniform Residential Appraisal… The post How to Read a Home Appraisal Report appeared first on Kairos ..read more