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What does an appraisal management company do?
An appraisal management company oversees a network of licensed and certified appraisers. Typical responsibilities include managing and updating the appraiser list, ordering and tracking appraisals, and most importantly, reviewing the appraisal to ensure it meets all regulatory standards. Billing and payment is also a large part of the appraisal management oversight.

How much does an appraisal cost?
Appraisal rates vary depending on the size and value of the property, as well as the region and type of appraisal. Please contact us for the most accurate fee quote.

Who pays for the appraisal?
While an appraisal is usually ordered by the lender, the buyer/borrower pays the fee as part of the total closing costs.

How long does it take to complete an appraisal?
Our turn around time is approximately 5 business days. We understand that certain situations require more flexible options, and we offer rush services in areas where it is feasible.

What other services can I use Validata for?
We are able to customize our services and our system to each unique lender client. In addition to appraisals, Validata offers Flood Certifications, AVMs, Document Preparation, 4506-T Income Verification, and complete title, escrow and settlement services.

Is online ordering available?
Absolutely. We encourage clients to use our easy online ordering system for all your lender services.

Is the Web site secure?
Yes. The Validata website uses a "Secure Socket Layer" (SSL) to protect all data provided by our clients. An individual email address and password is required to place orders and access any personal or account information.

What happens if the appraisal is believed to have errors
that may affect the opinion of value? 

Validata Lender Services has a formal appeal process.   This process provides an avenue to have the appraiser reconsider any errors or omissions within the appraisal while also ensuring that all parties are compliant with state and federal regulation.