Federal agencies are trying to push the concept of automated home appraisals, but appraisers worry that the plan could lead to “wildly inaccurate” valuations of some homes. The idea is to reduce the number of homes that require an in-person appraisal by a human, in order to speed up closing times and save money for
Risk of “wildly inaccurate” home estimates if automation replaces human appraisers
Freddie Mac expands appraisal waiver to condo buyers
Condo buyers and refinancers could be eligible for a new program that allows them to bypass a traditional in-person appraisal with a faster automated process, Freddie Mac said last week.
Keybot’s automated remote locking technology makes landlords’ lives easier
If you’ve ever tried renting out a home, you can probably sympathize with property managers who say that finding new tenants can be a real headache.
Freddie Mac wants to automate the appraisal process, for some
Mortgage servicer Freddie Mac is hoping to automate home appraisals in an effort to speed up the closing process and reduce fees for home buyers.
Self-driving trucks could be coming to a highway near you
Everybody’s heard of self-driving cars and how they can supposedly help to minimize traffic problems, save on fuel and improve safety, but a new startup is taking the concept a little bit further in the form of self-driving trucks.