Appraisal Management Services
At Appraisal MC we want to make sure we're providing you with the best appraisal management experience possible for your residential and commercial orders. Below are just a few of the services offered as part of our AM Advantage.
AM ADVANTAGE PLUS
With the AM Advantage Plus, you get everything offered as part of our AM Advantage AND we'll take care of the quality control process for you.
This lending industry is changing and Appraisal MC is on the cutting edge to maintain compliance standards. We believe in working with the right people and the right clients to ensure their utmost success. The commitment to customer service and regulatory compliance has enabled Appraisal MC to be the most reliable and fastest growing appraisal management company in the nation. Appraisal MC understands that the industry is always changing and with that comes the additional responsibility of remaining up to date and compliant. When is comes to compliance Appraisal MC has you covered!
When you work with Appraisal MC, you can be assured that our compliance team has taken all the steps to ensure compliance with all federal and state regulations while still delivering work of the highest quality. From training our team, to hosting educational webinars for appraisers and lenders, we do our best to keep everyone current on the regulatory environment. We even provide you with a Compliance Certification with every completed appraisal.
We offer a full range of field and desk reviews to ensure we're providing the highest quality appraisals for our clients.
• Field Reviews: A field review appraisal includes a visual inspection of the property in question from the street. The neighborhood or area where the property is located is also visually inspected, as well as the comparable sales used.
• Desk Reviews: The appraised property is valued by another third-party appraiser using certain data points to determine accuracy. Data such as comparable sale dates, price, and prior sales history may be analyzed to determine this.
• Automated Reviews: This is a tool that allows the QC reviewer to pass/fail requirements on reports. This automatically ensures that important requirements are not missed in review.
AUTOMATED VALUATION MODEL (AVM)
Appraisal MC offers access to AVM modules as a service. The AVM is a statistically based summary derived from a program that uses information available for real estate transactions such as comparable sales, property characteristics and local market trends to provide an estimate of market value for a specific property. These tools can assist as a supplement to manage risk for collateral valuations.