Typically clients move to Appraisal Valet because they are tired of poor communication, the use of geographically incompetent appraisers, lack of comprehensive quality control practices, complaints by borrowers, and calls from appraisers who are unfairly paid. By simply switching to Appraisal Valet now, you can avoid these headaches.
Please advise your home owners to work with the appraiser to make the home available as soon as possible to avoid any delay. Appraisers typically appreciate a brief tour of the home as well a list of any recent improvements made to the home. The appraiser will need access into all rooms of the dwelling. In addition, access to the attic and crawlspace is required for FHA and USDA financing. Otherwise, no special preparation is required.
Appraisal turn-times of 4 to 5 business days are standardized for typical properties suburban regions. Complex assignments or those in remote regions often have longer turn times. Our staff will give you precise expectations when ordering appraisals. Rush requests are available.
Appraisal Valet serves many regions of the United States and is networked with thousands of appraisers. Please call or email with your specific footprint to verify that we are active in all areas you do business.
Yes, we manage FHA appraisal assignments on a daily basis. Please keep in mind that the appraiser must have an FHA case number in order to inspect the subject property. While FHA orders may be placed on-line with Appraisal Valet without a case number, our turn-time begins when we receive the FHA case number.
Appraisal Valet specializes in the management of appraisal products including appraisals, reviews, and alternative valuation products. Our lender clients appreciate that fact that we do not cross sell title products or other mortgage related products. If you are in need of title services, we’ll gladly recommend those that specialize in title services!
Our extensive network of national appraisers, on-site team of staff members, and our scalable quality control system is willing and eager to manage any volume of appraisal orders you may have.
If a loan transitions from conforming to FHA after the original appraisal is completed, is a second full fee appraisal required?
If Appraisal Valet managed for the first assignment for the same client and the report was not used for financing, the same appraiser can be used and the cost of the second service will be only a fraction of the initial appraisal fee.
Our policies and procedures provide for a formal dispute resolution process that is managed by one of our in-house appraisers. Please contact us by phone or email to receive a dispute resolution fillable .pdf file.
As an Appraisal Management Company, do you charge more for an appraisal than if we order directly from the appraiser?
The total fee for appraisal including our professional management service is very comparable to a fee you’d be quoted directly from an appraiser. When considering the benefit and time saved by not dealing with the hassle of locating, qualifying, managing, and paying the appraiser, it is a cost savings to our clients.
Appraisal Valet specializes in intelligent assigning. Appraisers love the fact that they are assigned work typically within a few miles of their office.
No. Our on-line ordering system places appraisal requests electronically with appraisers on the same day the order was placed. We are able to accommodate just about any due date request. You will find that our service is a time saver and faster than if you were to independently manage the assignment.