Appraisal Services for Lenders
Appraisal IQ’s Real Estate Appraisal Services are performed by Texas Certified Residential Appraisers. We appraise residential property, land and small residential income dwellings in the Central Texas Area (the Greater Austin Area). See the list on the sidebar for our currently covered counties.
We use the latest technology from a la mode, as well as the most current and accurate appraisal tools for property appraisals for faster appraisal turn times and to improve our report quality. We are FHA Approved.
Post-HVCC and Dodd-Frank Regulatory Compliance for Appraising
The HVCC changed your business – it changed ours, too, and not for the better.
- You deserve more control over your appraisal services ordering and appraisal management – you weren’t one of the rogue bankers that made the mess.
- Your clients deserve to pay fees for appraisals that haven’t been marked up by a middleman.
- Your residential appraiser deserves to be paid fairly for his or her work.
- You can cut out the middleman, regain control of your business (and your clients’ trust) and maintain your post-HVCC and Dodd-Frank regulatory compliance by using a la mode’s Mercury Network’s Appraisal Vendor Management Platform.
The Mercury Network is FREE for you, FAST and EASY. We pay the per-appraisal service fee of about $14 and we don’t mark up our fees to compensate. Give it a try and select Appraisal IQ (Orlando Masis) as one of your preferred local appraisers.
Collateral Valuation Policy
Take the time to read the article written for Mortgage Banking Magazine called Three Legs of the Appraisal Management Stool by Adam Calvery, President of the Mortgage Solutions Division of a la mode.
This article serves to remind mortgage professionals that lenders need a common sense approach to collateral valuation policy that embraces three key components: regulatory compliance, quality assurance and fraud management. With all of the fuss about HVCC compliance in 2009 and 2010, and Dodd-Frank this year, some of the other critical aspects of lending have been receiving less attention than necessary.
You Can Submit Real Estate Appraisal Services Orders:
- By email to info@theappraisaliq.com
- By fax to (512) 506-9533 or
- By Registering On-line and submitting orders via our on-line Appraisal Management System (an a la mode XSite which you are probably already familiar with), or
- By registering with The Mercury Network’s Vendor Management Platform from a la mode and selecting Appraisal IQ and/or Orlando Masis as your preferred Austin-Area Real Estate Appraiser.
Your Central Texas Real Estate Appraisal Service
- All appraisals are performed by a Certified Residential Appraiser, licensed to perform residential real estate appraisals in Texas.
- FHA Appraisals are performed by an FHA Approved Appraiser.
- Inspection appointment made within 24 hours of receiving the appraisal services order.
- Competitive fees with discounts for bulk appraisals.
- 24-48 hour turnaround time on average after inspection.
- Easy on-line ordering and status reports.
- Pre- and post-appraisal consulting.
- We will update the client on any problems seen during the inspection of the property.
- We strictly adhere to the standards set forth in the USPAP (Uniform Standards of Professional Appraisal Practice)
- Appraisal IQ carries E & O Insurance.
Standard Appraisal Fees:
Single Family Home Appraisal Report, including the FNMA URAR (Uniform Residential Appraisal Report) 1004 $375
- The URAR is the most comprehensive property value assessment report provided by Appraisal IQ.
- The analysis for this report takes into consideration market value trends, supply and demand as well as marketing times.
- The indicated value of the subject property is supported in the report by the cost approach.
- You will receive a sales comparison analysis grid with indicated value ascertained by the sales comparison approach.
- You will receive a detailed grid of comparable properties which includes fence, pool, porch, patio, deck, garage/carport, heating/cooling and functional utility.
- The URAR shows the quantitative adjustments made to comparable sales to arrive at the estimated market value.
- This report estimates a specific market value.
Complex Single Family Home Appraisal – Call for quote
Multi-Family Appraisal Report, including FNMA 1025 $450
- The FNMA 1025 report is for small residential income properties (two- to four-family residences).
- This report provides neighborhood, site and improvement descriptions.
- You will receive general descriptions of the property’s exterior, foundation, basement and insulation.
- Your Appraiser will report on the condition of improvements, depreciation, repairs needed and quality of construction.
- This report estimates a specific market value.
Form 2055 Limited Appraisal $275
If the report you need isn’t on this list, call (512) 541-2107 to ask about the service you want.
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