Desktop Appraisals Becoming the New Normal

[Tim Hicks (Texas)]

If you are required to visit the property, then that is not a desktop appraisal. It is certainly not the GSE variant.

Danny, was this desktop appraisal your idea? Would you really trust a third party inspection over your own?

 

[DWiley]

Danny, was this desktop appraisal your idea? Would you really trust a third party inspection over your own?

I don't understand how those two questions are related? There is no third party inspection for a desktop. Use of the third party inspection is generally called a hybrid.

 

[Tim Hicks (Texas)]

I don't understand how those two questions are related? There is no third party inspection for a desktop. Use of the third party inspection is generally called a hybrid.

Sorry jumping around in too many topics. I was thinking hybrids and typing desktops.

 

[Dublin ohio]

I'm looking at the desktop requirements that an AMC sent me and I don't understand how they would be much faster. I still have to inspect the property and take exterior photos. Saving maybe 30 minutes on interior photos and comp photos, but that's it.

Why am I relying on a third party sketch when I have to visit the property? Really confused at how this product is good for anyone.

That sounds more like the covid desktop

 

[djd09]

how is desktop completed with 'floor plans' without a third party inspection?

 

[ucbruin]

The Covid Desktops that I completed did not require me to take any photos....
Desktop....

 

[djd09]

Sorry jumping around in too many topics. I was thinking hybrids and typing desktops.

how is the desktop completed with 'floor plans' without a third party inspection?

and what is the difference between desktops and hybrids. you can call a skunk a squirrel but the smell never leaves

 

[djd09]

of course you need a third party for these desktops. duh. now get back in line for your booster cuz the first three shots didn't work.

 

[Essexfenwick]

The desktops don’t need a 3rd party. They are only for single family sales with good credit and at least 90 percent down. There has to be a floor plan available in the MLS with dimensions. Borrowers get to make the choice if they want a full appraisal or desktop … same price… they are all picking full.

It’s going to be very few.

Fannie is not doing any hybrid

 

[Dublin ohio]

There has to be a floor plan available in the MLS with dimensions

Floor plan can be provided by other sources. Homeowner using mobile app or something like Matterport. You can even do a virtual inspection with homeowner. Check the link in the OP