Welcome to the World of Desktop Appraisals: Is Your Appraisal Business Ready?
Earlier this year, Fannie Mae and Freddie Mac announced they’ll include a desktop appraisal option for some loans starting the weekend of March 19th, 2022, and depending on the loan type, appraisers may see desktop appraisal requests as early as this week (March 7-11, 2022).
Anow is ready and here to help you.
- Make sure your profile is up to date to receive assignments from lenders using Anow to order direct to appraisers.
- The required 1004 Desktop form is already available.
- Anow’s Nexus comes with the 1004 Desktop included (plus so many other forms) Contact the Anow Support Team on live chat or by calling 1-800-403-7121 if you have any questions!
- Freddie Mac and Fannie Mae both have FAQ guides to Desktop Appraisals. Be sure to check them out for more tips and information!
Anow’s solutions are 100% cloud based, making it easy and extremely convenient to accept, perform, and deliver a 1004 Desktop report.
Not using Anow? Contact us today for a free trial or demo by emailing sales@anow.com
HOW ARE WE SUPPOSED TO AQUIRE A FLOORPLAN/SKETCH????
Check out Fannie Mae’s FAQ document for all the details on this! See #5-#7 here: https://singlefamily.fanniemae.com/media/30361/display
Yes we are ready.
That’s great! Let’s make sure your profile in Anow is up to date: https://support.anow.com/en/articles/5646336-requirements-to-be-eligible-for-uwm-appraisal-direct-orders
MartinAppraisals- what are you using to produce Floor Plans? Would appreciate you sharing the vendor used and your feedback.
Not interested in doing them. They have never worked correctly since 2005, what would change.
NO desktop appraisals unless the fees are more than a conventional appraisal, too much liability.
Who is going to provide the building sketches?
Hi Mark! Take a look at Fannie Mae’s FAQ document for all the details on this! See #5-#7 here: https://singlefamily.fanniemae.com/media/30361/display
i can can complete desk top appraisals all forms.
The link you are directing us to does not explain how we obtain the disinterested source to provide the floorplans to us. Is that going to be something provided like we receive in Hybrids or is on us to hire someone else to get that information to us?
Hey Jenn! Ultimately it is up to the appraiser to source the floorplan for these appraisals. Floorplans can come from country records or a previous appraisal, for example. Stay tuned for future tools from Anow to help even more! 🙂
As long as my base fee remains the same due to my liability. My credential is attached to a value and getting a fee that is the same as an update 1004D is not going to work for me.