What is the difference between using AppraisalPort with AI Ready and e-mail?
There are two major differences processing efficiency and security. You can automatically process an AI Ready appraisal report received from AppraisalPort without the need for manual review. AI Ready drastically reduces the turn around time for the entire loan process. With e-mail, you are merely receiving a file attachment. Theoretically, the report could have been opened or read by anyone, in transit or at the end-point. Since AppraisalPort is a component of an integrated collateral management system, reports are sent directly from the appraisers computer to your CMS for processing. The report, as well as any communication passed between you and your appraiser via AppraisalPort, is sent on a secure https platform and can only be accessed by those parties with permission within the management system to view that information. For more information on AppraisalPort, please visit www.appraisalport.com.
