Quality Control and Compliance
Simplified Billing and Safe,
Unlimited Online Appraisal Storage
Payment for appraisal services and products can be made using all major credit cards or by check. An up-to-date monthly statement is always available via our website. All payments to field appraisers are made by AVM.
Every completed appraisal assignment is available online. At the client’s request, an appraisal report can be forwarded to the consumer, allowing for quicker compliance.
Every completed appraisal is reviewed by an experienced appraiser prior to submission to your processor. A detailed review checklist has been established to cover every component of each report. This review double checks the appraiser’s methodology, report writing, conformity to FNMA/FHA-HUD and USPAP. In addition, close attention is paid to your internally established underwriting guidelines. This QC component translates into quicker processing and underwriting turn times and ultimately quicker closings due to fewer addendum requests.
License renewal, Errors and Omissions insurance policy maintenance and investor list monitoring are executed on a daily basis to ensure that all appraisals represent a fully compliant report in regard to current appraiser credentials.