The $7 Burger / The $7 Appraisal

[Elliott]

Unsolicited email.....

Introducing your new one-stop shop
for all your appraisal needs

Ellie Mae® and First American CoreLogic have partnered to make the Encompass® Appraisal Center even more convenient for members. Now you can retrieve your appraisal orders and acquire the property information required to start the appraisal process quickly and easily -and all in one place.

This offer is exclusive to Encompass Appraisal Center members. The new Property Pak includes:


Property Detail Report
3-Year Mortgage Transaction History Report
Comparables Report
Street & Aerial Map
Parcel Map
Flood Map


Property Pak is readily available when you retrieve your appraisal order! Order one report at a time or sign up for a monthly subscription using a major credit card.

 

[Em Tee]

Elliot: The $149 isn't for 20 appraisals - it's for 20 property detail reports similar to what you get with Realquest or any of the other services that sell property information.

In another part of their website, they also offer a listing service for appraisers to receive orders from lenders who use the Encompass system.

 

[Elliott]

Em Tee,
You mean it comes from an 'Appraisal Center' and its to aid in
my 'appraisal process' to meet my 'appraisal needs' and it
isn't an appraisal. Are you sure?

 

[Randolph Kinney]

Em Tee,
You mean it comes from an 'Appraisal Center' and its to aid in
my 'appraisal process' to meet my 'appraisal needs' and it
isn't an appraisal. Are you sure?

A Zaio magic bean (pre-completed) appraisal?

Wonder if this is going to eat into the Zaio comp check business?

 

[Em Tee]

C'mon you guys - read what's actually being advertised.

 

[Couch Potato]

Em Tee,
You mean it comes from an 'Appraisal Center' and its to aid in my 'appraisal process' to meet my 'appraisal needs' and it isn't an appraisal. Are you sure?

Yes, it is an offer to provide you data to use in your appraisals.

 

[Steve Forstner]

I had an order come through that system. The originating lender simply addressed it to me and then I went to the center and picked the order up. Full 1004, COD. Didn't cost me a thing to receive the order, either.

I looked at advertising on the system, but the cost is astronomical for what I perceive as a low return for my area.