Desk Review
We use the 2006 form. We verify the physical aspects of the subject through public record and MLS data sources. We verify the physical aspects of the comparables through public record and MLS data sources. We search MLS data sources for comparable sales to determine which, of the comparables used in the appraisal, are the most appropriate If we determine the comparables are the most appropriate and that the adjustments made are both appropriate and reasonable, the report is completed and delivered to you within 24 hours. Often times, the report can be delivered same day if ordered before 12pm.
Enhanced Desk Review
The same scope of work as a Desk Review, however, we add a minimum of two additional, relevant comparables to our analysis, which may be closed or pending sales. If no additional, relevant comparables are available they will not be added to the report.
3-Hour Desk Review
The same scope of work as a Desk Review. The order is completed and delivered back to you within 3 hours.
3-Hour Enhanced Desk Review
The same scope of work as an Enhanced Desk Review. The order is completed and delivered back to you within 3 hours.
Field Review
We use the 2000 form. We verify the physical aspects of the subject and all comparables through a visual drive by inspection, public record, and MLS data sources. We search MLS data sources for comparable sales to determine which, of the comparables used in the appraisal, are the most appropriate If we determine the comparables are the most appropriate and that the adjustments made are both appropriate and reasonable, the report is completed and delivered to you within 48 hours.
Next Day Field Review
The same scope of work as a Field Review. The order is completed and delivered back to you within 24 hours (limited availability).
Next Day Enhanced Field Review
The same scope of work as an Enhanced Field Review. The order is completed and delivered back to you within 24 hours (limited availability).
In the event of a value reduction in the review, we will accept rebuttals under certain conditions. All rebuttals must come from an unbiased party – no Realtors, Loan Officers, or any party who benefits from an increased valuation may submit a rebuttal for consideration.