Providing the true value of real estate is a highly skilled job, requiring training and experience. Appraisal.com is designed to help accredited real estate appraisers process and manage these valuation documents in a fast and easy manner.
Appraisal.com is operated by ACI, part of Verisk Analytics. They are known for providing precise, detailed information – the flagship ACI software is used by thousands of appraisers across the country. The Appraisal.com solution is based on an industry-standard portal which is used to input data and create an appraisal report. Once created, this report can then be routed to conventional lenders, Fannie Mae and Freddie Mac for approval and integration into the final mortgage package. It uses the Uniform Appraisal Dataset promulgated as an industry standard. It defines all the data points required for a valid valuation, ensuring that it will be processed quickly and efficiently.
Other parts of the Appraisal.com solution include Queue Service, the back office application that routes and processes reports. It works with PAR Logic, the workflow streamlining application, and HOTSPOT, which is the interface between the full system and the appraiser. It is what the appraiser sees as they enter data. HOTSPOT highlights potential errors and asks for more information to ensure the report is complete and thoroughly documented. It can be installed on nearly any computer system along with the Appraisal Reader viewing software, providing a complete integrated package for the most demanding applications. Potential and present users of the Appraisal system are able to see the system in action and read about it on Appraisal.com.
Appraisal In The Web
