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In June 2014, CoreLogic expanded its hail, wind and lightning weather risk-management capabilities by acquiring Weather Fusion, [25] formerly known as livehailmap.com. [26] In August 2015, the company purchased LandSafe Appraisal Services, an appraisal management company, from Bank of America for $122 million. [27]
In July 2012, the company partnered with Valued Veterans. [14] In November 2012, the company announced a partnership with Cetip, a Brazilian company, with plans to add 100 jobs. [15] In March 2013, the company opened an office in Brazil. [16] In July 2013, FNC launched the FNC Clean Room, a web-based online marketplace for mortgage loans. [17] [18]
Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value).Real estate transactions often require appraisals because every property has unique characteristics.
Traditional appraisal process. No-appraisal process. Inspection. Licensed appraiser inspects property in person. Uses automated valuation models (AVMs) to assess value
There is a desktop appraisal, which uses online information like property records, floor plans and comparable listings, and a hybrid appraisal that combines an in-person and online approach.
A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser.A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO.