Performing interior home appraisals with social distancing and shelter-in-place restrictions in place is a challenge. Some lenders are allowing desktop appraisals, while others are continuing to ask their appraisers to enter homes.
The ramifications of COVID-19 on the real estate and mortgage industries have been vast, ranging from record low interest rates to confusion over states’ varying “shelter-in-place” guidelines. Concerns over the virus have led to necessary creativity in the appraisal process.
In the event of natural disaster, pandemic or other disruptive issues, Triserv offers resources, appraiser continuity, and reliable services to ensure your appraisal process continues to move forward.