Our firm's quality control procedure implements the use of a four point review process on each appraisal:
Please note: APPRAISAL NETWORK of Michigan, Inc. owns a Marshall & Swift cost handbook, census data, and FEMA flood maps for each area on our fee schedule. The firm prepares reports with digital photographs and offers EDI services.
- Field Data Review
When the appraisal process begins, the appraiser verifies and reviews all subject property and comparable
data. This data is verified from as many relevant sources as possible. At least two of the sources
are stated in the report. Typical documentations of field data are received from multi-list services, market
data services, realtors, brokers, municipal departments, public records, Marshall & Swift cost service,
- Content Review
After the first draft of the report is in the computer, the appraiser completes a content scan to determine
if all necessary maps, photos, sketches, and addendums are complete, accurate, and implicit in meaning to the
- Clerical Review
The third quality check includes a review focused on all clerical aspects of the report: grammar, spelling,
and punctuation. Our software spellcheck is also used at this point.
- Final Review
At the end of the appraisal process, a final cover-to-cover reading is completed, including a full review of
all technical concerns. Each report is reviewed and written based on FNMA guidelines and requirements, with
certain adherence to USPAP regulations. Each report exhibits extra care in writing and review in order to
avoid oversights and/or unanswered questions.