Appraisal.com now supports commercial mortgagesMortgagePress.comAppraisal.com, web-based appraisals, commercial real estate
Appraisal.com has added
support for commercial real estate appraisals to the Appraisal.com
Nationwide Appraisal Network. In the past, the network only served
Users of the Web-based tool can define commercial real estate
appraisal jobs and send them out to bid by multiple appraisers.
Users can choose to send the bids out to commercial appraisers they
already know, or they can use Appraisal.com's VendorRanker
Technology to choose from commercial real estate appraisers on the
Appraisal.com Nationwide Appraisal Network. Appraisers who wish to
bid on the project provide cost estimates, turn-time projections,
and license, capability and insurance information to the lenders
during the bidding process, which includes a user-selectable, five-
or seven-day feedback period. After receiving back bids from
appraisers, the lender may choose an appraiser.
Based in Buffalo, N.Y., Appraisal.com provides software and
technology to the real estate appraisal industry. For more
information, call (800) 204-3319 or visit www.appraisal.com.