Valuation 

          Products

ORTRIS is pleased to offer valuation products* that follow the Uniform Standards of Professional Appraisal Practice (USPAP). All products can be delivered via electronic commerce to further simplify real estate transactions, including;

  • ·  Residential Appraisals

  • ·  Automated Valuation Solutions

  • ·  Broker Price Opinion

Given our national network of over 10,000 state-certified or licensed appraisers. ORTRIS can take care of all your appraisal needs. Our independent appraisers are carefully selected based upon a thorough review of education, training, work experience and licensing standards. Consistent monitoring of appraiser turnaround times and quality control ensures that industry standards and customer-specific guidelines are met.

All aspects of the appraisal process are managed for you including:

  • ·  Locating and assigning the order to a qualified appraiser

  • ·  Continuous status updated throughout the process

  • ·  Notification of unforeseen processing delays

  • ·  Centralized processing, problem resolution and invoicing

  • ·  Review and delivery of the completed appraisal within the specified time    frame

  • ·  Ordering and monitoring of any addenda or additional information that is     requested

  • ·  A variety of ordering, status, and product delivery options and e-commerce    solutions

When ORTRIS manages the appraisal process, the customer is able to more efficiently and effectively utilize its staff. This allows the lender to originate and fulfill more loans, and to rest easy that the integrity of the appraisal process unit will be maintained from start to finish

 

               
               
               

ORTRIS'
nationwide
appraisals
and valuation
services
can be
customized
to meet
your needs,
no matter
how complex
or time-
sensitive your
transaction.

       
       
       
       
       
     
     
     
     
     
ACCURATE & TIMELY            
  
     

Residential Appraisals

ORTRIS' nationwide appraisal services include full interior and limited exterior inspections and reviews. By utilizing a trained panel of FHA-approved appraisers, we are able to provide the highest level of quality to our customers.

All appraisal process are managed for you, including:

  • ·  FNMA: Federal National Mortgage Association (Fannie Mae),

  • ·  FHLMC: Federal Home Loan Mortgage Corp (Freddie Mac),

  • ·  FIRREA: Financial Institution Reform, Recovery, and Enforcement Act;    and

  • ·  USPAP: Uniform Standards Professional Appraisal Practice

Appraisals comply with our customers' specific requirements, as highlighted in each order. Each appraisal is reviewed by an on-staff appraiser in order to make sure that industry standards and customer requirements are met prior to delivery.

Automated Valuation Solutions

At ORTRIS, we offer state-of-the-art, individual, cascading, and batch-automatic valuation solutions. Plus, we return a property value that includes detailed subject and comparable information, allowing you to choose the solution that best meets your needs.

Broker Price Opinion

ORTRIS provides quick and accurate broker price opinion services through state-licensed brokers and agents. Choose a limited/exterior, full/interior, or drive-by broker price opinion. Completed products are delivered on forms with digital photographs of the subject property.



*Valuation products are developed and issued by Old Republic Diversified Services, Inc., a sister company of Old Republic National Title Insurance Company.

     
     
     
     
     
     
 
       
       
       
 
     
             
             
             
           
  ortris.com