Together, we are informed by more than 50 years of collective experience. Our team of staff and network appraisers complete hundreds of residential appraisals each year, including residential mortgage appraisals for conventional, FHA, VA, and USDA mortgages. We don’t pick and choose or shy away from complex assignments. Our commercial reports are exceptionally well-supported, and yet, concise to the extent appropriate. We possess a solid grasp of valuation fundamentals, which is tested daily by the broad range of appraisals performed.
Effective March 2023, Fannie Mae announced that it is “transitioning to a spectrum of options to establish a property’s market value, with the option matching the risk of the collateral and the loan transaction. The spectrum balances traditional appraisals with appraisal alternatives.”
Appraisers are now able to broaden their geographic coverage beyond their desired driving radius, which is lessening the issue of appraiser shortages in outer-lying areas. Additionally, a host of technological advancements are adding efficiencies to our daily practice. At Appraisalytics, we are FOR such changes and embrace the movement of appraisal modernization, enthusiastically! We have even developed a proprietary algorithm, which we call CertiVal that produces fast and affordable desktop appraisals for the HELOC space. Contact us for more information.
Our commercial production staff is centrally located to function as a specialized team. Our process flow places experienced appraisers on-site while depending on full-time analysts who perform research, verification, data entry, and quality enhancement functions. As a team, we produce quality appraisals faster than our competition. We guarantee our service levels and proactively rebate if we miss the mark.
Appraisers are not limited to producing value. We are perfectly situated to provide the following ancillary services: Real Estate Photography; Drone Photography; Residential & Commercial Floorplans; and Property Data Collection.
Our development of the FieldTech division is aligned with our goal of providing lending clients with the full range of property services needed.