Valuation Services
As a licensed appraisal management company (AMC), SingleSource offers a wide range of property valuation solutions for the mortgage industry. Our approach to fulfilling valuation needs ensures our customers receive customized, accurate, and quick valuation services. We are committed to providing the highest level of quality and care to your lending or servicing business and customers.
Appraisal
Throughout the appraisal process — from order assignment to in-house quality assurance review to final report delivery — you can be confident your valuation reports meet your specific account, product and industry compliant requirements. SingleSource has been an appraisal company since 2000, with extensive experience providing compliant and accurate valuation reports.
- UAD Compliant Appraisals
- UCDP Lender Approved Vendor
- AD Lender Approved Vendor
- Automated product review capabilities
- Large nationwide panel of licensed and certified appraisers and real estate agents
- Collateral Underwriter Compliant
- Conventional, FHA, REO, USDA, 203K, etc.
- Experienced In-house Quality Assurance Associates including Licensed Staff Appraisers and USPAP Certified Reviewers (Uniform Standards of Professional Appraisal Practice)
- UAD compliant nationwide appraisals
- Appraiser Independence Requirements (AIR) Compliant
- AMC Registration Compliant (click to see licenses)
In addition to offering a comprehensive suite of traditional and ancillary property valuation products, we also have specialized products, such as our Investigative Field Review to give you a more in-depth approach to your valuation needs.
Broker Price Opinion (BPO)
We recognize that not every real estate transaction requires an appraisal. To assist, SingleSource offers a wide array of interior and exterior broker price opinion products. A BPO report includes a site inspection (interior and/or exterior) along with neighborhood sales and listing information, to determine the most probable value for the subject property.
Each broker price opinion report is completed by a SingleSource certified vendor who is knowledgeable in the marketplace and market conditions, and has received customized valuation training. Each BPO is reviewed for quality against client and industry standards by a group of highly trained SingleSource Quality Assurance analysts.
HYBRID VALUATIONS
As the industry continues to move forward in the Appraisal Modernization front, SingleSource is excited to support our customers through the current acceptance and approval of the Fannie Mae (FNMA Form 1004H) and Freddie Mac (Form 70H) Desktop reporting. We are also proud to partner with Fannie Mae and Freddie Mac on their appraisal waivers (ACE + PDR) through our application SingleVue™.
A hybrid appraisal, also known as a bifurcated appraisal, is a type of report in which a third party completes an in-person inspection of both the interior and exterior of the subject property. The inspection is then provided to an appraiser to complete an appraisal report from his/her desk while considering the photos, data, sketch, and floor plan provided.
- Fannie Mae 1004H or 1073H, 1004Desktop
- Freddie Mac 70H, 70D
- Desktop Appraisals
- Evaluations (Residential or Commercial)
- BPOs (Residential or Commercial)
Automated Valuation Models (AVM)
SingleSource offers numerous comprehensive Automated Valuation Models (AVMs) to assist in establishing market value for a specific property. A few of the AVM models available include, statistical appreciation, hedonic, as well as linear regression analysis.
Our products can be ordered using the “cascade” approach to automatically upgrade to the next-tiered product based on coverage and complexity of the valuation. We even provide staff-assisted AVMs, where our QC staff helps narrow down the results with the best comparables to increase the confidence score.
Value Reconciliation
SingleSource recognizes that opinions of value on a piece of property often vary from report to report and professional to professional. For this reason, we offer a value reconciliation process that compares multiple valuation products along with listing and sold data, courthouse records, and satellite mapping images to determine the credibility of a specific BPO or appraisal in your portfolio.
SingleSource employs highly trained, in-house valuation experts that you can rely upon when you have a file in question. We have been providing reconciliation services to our capital markets clients for 20 years, and we have never delayed a closing during this time.
Staff Field Appraisers
The SingleSource Staff Field Appraiser Division was implemented to prevent our clients from experiencing extended turnaround times (in key markets) during seasonal volume increases. The Staff Panel delivers quality appraisals in an expedited manner. In addition, they accept pre‐set inspection dates and times (at client request). This process allows our clients’ borrowers the flexibility of scheduling appointments with an appraiser who will not state “we are booked this week”.
LEARN MORE about how ouR team can work for you
Speak with a SingleSource team member to learn more about how our services are the right choice for you.
