Are there ways of assessing a property’s value before ordering the appraisal?
Yes. We will offer two simple methods. You can also use some of your existing methods: 1) Tax Assessor Valuation. This is provided at no cost in DirectWare and is immediatelyavailable before you order any appraisal. (It becomes available the moment you validate the subject property address). 2) Automated Valuation (AVM). This will be optional in our “Order Appraisal” before ever ordering an appraisal – and is another inexpensive way of gauging a home’s value before ordering the appraisal. 3) Existing Methods. Some of your existing methods might include websites such as Zillow.com. Do I have to use Electronically Signed Disclosures? No, but Electronically Signed Disclosures make this process an easy way to collect the appraisalfee from the borrower. It also provides an instant method of gathering signatures from the borrower. eSignatures are strongly recommended and provide multiple benefits as listed below. In order to electronically sign the disclosures, the borrower and loan officer
