All one has to do is fill out a short online form. Please enter your email to receive our current datasheet. I appreciate the respectful response. Choose Turn Time & Price That Fits Your Needs Do you know if this is being sponsored by a professional group of appraisers or an AMC circus with the usual clowns? Please enter your details below to grab your copy! This field is for validation purposes and should be left unchanged. Delivering a reliable opinion of value for home purchase and refinance loans nationwide. Two complaints were filed by AGA. We are focused on continuous improvement and look to expand our expertise through . This is a crowdfunding outfit. Get more info about our property data collection program! John you have chosen to deliberately distort and misrepresent both issues as well as your own background. Does anyone know Michelle? I do admire your fight! We started Clear Capital in 1996, with the goal of utilizing our combined 100 years of experience to create and preserve wealth for our clients. Our commitment to excellence . To actively listen and make sure everything is just so. We support your efforts by delivering: A Clear Capital team member will contact you soon. Since 2019, Clear Capital has completed more than 250,000 data collections for agency loans that utilized various appraisal modernization programs. 2023 ClearCapital.com, Inc. All Rights Reserved Privacy Policy | CCPA. Despite its limited format and scope of work. There may be jurisdictional issues. That may be the final solution, the only solution. Required fields are marked *. Vulture capitalism at its finest. UDC is supported by ClearInsight, a mobile app where real estate professionals to generate a complete digital picture of a home. Wow great work Mike Ford. I guess participants dont have any right to privacy on this forum Trust me, Desiree, Ill never post here again, this is now getting a little scary. UDC is supported by Clear Capitals ClearInsight Platform and will leverage CubiCasas software for digital floor plans. Contact Now, the average is more like $675-$850. My inquires found that the property had never been Patented, but was the product of several arms Length? This particular amc seeks to completely rewrite the appraiser profession to function completely different and not even require licensed appraisers in the future. Average Clear Capital salaries by department include: Sales at $123,373, Engineering at $104,152, and Product at $164,228. . The amc directed this approach, they promoted this activity, probably in large scale nationwide. The combination of our rigorous certification program, easy-to-use mobile app, team of highly-trained data collectors, and meticulous quality control makes our program stand out from the rest.. No false accusations. Why is it that a fee for an assignment an appraiser accepted the true underpinnings of such attacks on a human being? Unfortunately, this could result in legal implications for those parties. Any appraiser willing to work for $25.00 needs to be retested! This new innovation automates the review of property photos, ensuring they are aligned with the appraisal data and sketch. Also, if you had no legal obligations, then how did someone obtain the legal authority to have it removed from this site? They define appraisers as a Financial Institution, and bound by privacy and confidentiality, no matter where they fall within the chain. No, Lisa and I dont work together, and, again, Im a field appraiser. New tools from Clear Capital facilitate desktop appraisals Real estate agents and brokers approved by Clear Capital provide property information that supplements data from public sources,. Multi state. Groundfloor talks big, but now we see the dark underbelly of this beast. I'm sure its C&R. Heck, compared to what they pay in Bangalore or Mumbai, India its H U G E! Ross Stevens The language clarifies that the appraiser completing the new form did not physically inspect the subject property, and is instead relying upon the Property Data Collection as a data source in their appraisal. Save my name, email, and website in this browser for the next time I comment. Lumped in with me ? Im not trying to uncover your personal information. How credible is your source? Do you really think you have persuaded anyone here? Audit time, how many similar products has clear capital approved, for how many different clients, in what states, and is failure to identify these obvious inconsistencies in reports a penalizable offense towards amc licensing? I was at the AARO conference in DC last year and there were more AMC reps there than actual Regulators. In this program, there are instances in which the value conclusion will be deemed unnecessary by investor rules. Company Type For Profit. Appraisers are fortunate to have the support of this outstanding appraiser, and such a caring and committed individual. At Clear Capital, the highest paid job is a Director of Product at $183,687 annually and the lowest is a Developer at $104,151 annually. Please give the board the benefit of the doubt. Our valuation products include everything from mobile app inspections to conventional appraisals completed by appraisers in our national appraisal management company, and everything in between. If youre working to secure loans valued at less than $500,000, a commercial evaluation could be a perfect fit for you. Hybrid my ass; those are for roses and fruit trees; part incompetence and part fraud does not make a credible opinion or report. There is also an issue of jurisdiction: Best information right now is that NON FRT intended use via Ground Floor (client) in support of internet or other wire communications offered crowd funding has produced at least one inflated value. It absolutely does. When I do so it is with full understanding that I am at risk of retaliation. The new solution also leverages Clear Capital subsidiary CubiCasas software to produce digital floor plans. I HAVE NO CLIENT in this case. You think a guy that owns and operates 12-14+- offices in three different states, and seems to be a pretty big deal brokerage is actually going out and inspecting these properties himself? Only you and Lisa G (probably the same person) seem to have an issue with this. , a global-reaching real estate software company, to produce digital floor plans that provide Digital Gross Living Area (GLA), aligned with the American National Standards Institute (ANSI) standards. I got my inspection fee and they never got a report. Their obligation to protect the NPI was to their client. 375,000 x $225 = 84,375,000 dollars. At the time of the application the correspondent loan officer quotes a fee and refers them to the AMC who collects payment direct from the borrower before the order is ever put out to an appraiser. Isnt the biggest crime the lender accepting the appraisal from the loan agent? Download Digital GLA/ANSI Alignment Datasheet, Download ClearCollateral Review Datasheet, Delivering advanced real estate valuation and Mike has already responded to you several times regarding confidentiality. Certified data collectors, who are real estate agents or brokers on Clear Capitals panel, can coordinate with the property contact to complete a streamlined residential property data collection that includes property condition information, photos, and accurate, high-fidelity floor plans with interior walls. They only did it through the SCRIBD link-the second property appraisal is still embedded in article above. Thats inconvenient. is embodied by more than 1,400 team members across four brands (Clear Capital, Clario, CubiCasa, and REO Network) and has remained steadfast since our first order in 2001. UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management. Mike, wouldnt you love to be a fly on the wall in the asset managers office when they have a discussion with loan processing and ask why or if WF is lending on non existent houses? Real estate investing involves the purchase, management and sale or rental of real estate for profit. Clear and uniform value reconciliation report completed by a specialized network of review appraisers that includes detailed appraiser commentary. And your first comment is to attack a fellow appraiser and not just any appraiser but an appraiser who has always maintained the highest moral and ethical standards. Matt is my middle name and my last name is abbreviated. The company alsoannounced ClearInsight, an easy-to-use mobile app that enables real estate professionals, homeowners, and appraisers to quickly generate a complete digital picture of a home. Traditional hybrid appraisals always feature two components: property data information completed by one individual, a final value conclusion completed by another. Seems like funny lyrics for a song but those folks over in Texas sure looked like they were having fun. The solution also leverages real estate software company CubiCasa to produce digital floor plans that provide Digital Gross Living Area aligned with the American National Standards Institute standards. This escalated quicker than any of us initially realized. They made an announcement on January 24, 2023 and have contacted all State Appraiser Regulatory Agencies concerning the data breach. Amcs can be sponsors and attend the event. Ya mean we cant use the same pictures and just adjust the photo labels to suit each report? Can we contact them? Why Use Clear Capital Commercial Evaluations? I doubt this will harm anyone but the reputation of the sell out appraiser that did it for $25, the predatory lender that is the intended user, and this opportunist appraisal management company ( just about the worst one out there ) that was engaged. Look at the thumbs up/down ratios. Matt Schorle doesnt exist as an appraiser. VIEW PRODUCT Collateral Desktop Her namewas simply cut and pasted on tothe report, never signed, as you can see from the electronic signature., appraisers should not complete these hybrids. In some cases, the PDC will be adequate to underwrite the mortgage. PalmerHouse Properties has recently expanded to Florida, North Carolina and Missouri. Please enter your email to receive our current datasheet. (By the way, a consumer can absolutely choose to make their own appraisal reports public). My favorite part was approving broker price opinions that Wells Fargo had ordered and stated in writing, would be used for lending purposes. Yes, there will be a different appraisal report form used when an appraisal report is deemed required. Absolutely disgusting, and an insult to hones, hard working appraisers everywhere. If you want to be anonymous, just do so obviously. This field is for validation purposes and should be left unchanged. 10:1 ratio-sounds about par. Modernization of the appraisal process has been coming for years for several reasons, but the primary reason is to make a mortgage close much more efficiently while maintaining risk control standards. The 10k/20k fine set was supposed to put them all out of business. If a person were to actually look at the Clear Capital web page it states (and its on the internet so it must be true: Our network of more than 40,000 boots-on-the-ground field experts deliver deep insights so you can proceed confidently in all your real estate decisions. Good luck making living. Stopped by county office after inspection to find the house had burned down, been demolished 3-4 years prior to inspection. Prove me wrong. I dont think they have jurisdiction otherwise. Notify me of followup comments via e-mail. I urge all to do the same. I almost forgot about Georgias requirement that all appraisers be paid C&R fees according to their schedule or alternative methods. We ALL used to collect at the door before HVCC. I have zero obligation to protect anyone related or associated with the appraisals in question. A supplemental services provider simply removed it based on an unvetted complaint as is their policy. GUESS WHAT.. ? As for harm to the consumer it was the consumer that supplied the reports. I suspect no one else will do anything.