Appraisal Management Services NW by Appraisal Management

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AMSNW strives to be a different kind of appraisal management company. Our model is designed to maximize the fee we can offer to the appraiser while sBll providing compliance to the client, including all of the quality control and review provisions, and ensuring appraiser independence. Our goal is to create a posiBve, construcBve relaBonship with both the mortgage company and the appraiser. We understand the pressure lenders are under to provide Bmely service to their borrowers, as well as good communicaBon and fast turn Bmes, which makes appraisers a direct reflecBon on you in their dealings with your homeowners and agents.

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We also understand the beneﬁt of being connected with the most experienced, most professional appraisers available. Many of the naBonal appraisal management companies are currently aGempBng to place orders at approximately 30% below the industry standard fee appraisers are used to receiving. Understandably, they are meeBng resistance from experienced appraisers. Our belief is that by paying a compeBBve fee, we ensure that the best appraisers remain in the industry, and that the appraisals you order will conBnue to be completed in the Bmely, high quality manner you are used to, without substanBally raising fees to the borrower. This also ensures that the lender remains compliant with the current iniBaBve of 'Customary and Reasonable Fees', menBoned in SecBon XIV of the Dodd-‐Frank Act.

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All of our services guarantee you will remain compliant and ensure appraiser independence: •  Placement of Appraisal Orders with a DisBnguished Panel of Appraisers. •  Appraisal Quality Control and Review on Each Appraisal. •  AdministraBve and AccounBng Assistance. •  Fee CollecBon and Payment of the Appraiser.

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In addi'on to ensuring that we provide quality appraisal work, AMSNW is commi?ed to staffing with employees that have a background in the appraisal industry and who are at the top of their game in the administra've field. Our staff understands there is no detail too small to go unseen and this acute awareness allows us to offer what we like to call, customized service. AMSNW is here to provide you with what you need, when you need it.

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If you ﬁnd that the cost of running an internal appraisal department is prohibiBve, or if your current AMC is not paying “customary and reasonable” fees to its appraisers, please consider AMSNW as a soluBon for your Washington, Oregon and Idaho State appraisal needs. We look forward to working with you in the future and if you have any quesBons regarding AMSNW’s policies and procedures, please feel free to contact our administraBve staﬀ today!

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Decades Of Experience

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Online Technology Speeds Up Turn Times

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Full Appraisals FHA Appraisals Condominiums Exteriors Field Reviews Multi-Family Market Conditions Addendum 442 Certifications Commercial Rent Schedule REO Appraisals Land

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In House Expedited Appraisal Review Process

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Appraisers In Most Areas Local Appraisers Used

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Short Turn-‐Around Times Highest-‐Quality Appraisal Reports On-‐line Status Reports Electronic Ordering and Delivery CompeBBve Pricing www.AMSNW.com

*PMI Removal Private Mortgage Insurance or PMI is the supplemental insurance that many lenders have to purchase when the amount being loaned is more than 80% of the value of the home (LTV loan to value). This addiBonal payment is oeen folded into the monthly mortgage payment and is quickly forgoGen. Aeer a rise in values and/or payment to principal goes below this 80% level PMI is no longer required. United States Congress passed a law in 1998 (the Homeowners ProtecBon Act of 1998) that requires lenders to remove the PMI payments when the loan-‐to-‐value raBo condiBons have been met. An appraisal is required to determine the property's value. The costs of these services are recovered in just a few months of not paying the PMI.

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*Estate Planning In Bmes of loss, it is oeen diﬃcult to think of the various steps that must be taken to resolve any outstanding monies of the deceased. An appraisal is required to establish fair market values of any real estate properBes in the estate for tax ﬁlings and any presentaBon to mulBple heirs. The aid of an appraisal is a necessity to dispose of the estate properly

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*Divorce In unfortunate circumstances, such as divorce, appraisals are required so that both parBes involved receive a fair and imparBal value so that they can concentrate on more important aspects of this diﬃcult Bme. An appraisal by a qualiﬁed independent professional third party is oeen required by state law to seGle the divorce.

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*Property Tax Assessments Challenging the tax assessment has become a necessity in many parts of the country. Unfortunately, most people go into these challenges unarmed. They may pull some informaBon from the Internet to support their claims, but have no real basis for their claims. A real estate appraiser can provide the accurate answers to the quesBon of value. While it may not be economical to commission a full appraisal to save a few hundred oﬀ your tax bill, oeen an appraiser can do a limited appraisal for much less, yet with the same conclusions and integrity. An appraisal from a qualiﬁed appraiser would be a step in the right direcBon in any dispute with your local tax assessor.

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An appraisal is a valuaBon tool used by mortgage lenders to verify a property's worth for prospecBve financing. The mortgage industry relies upon a qualified independent real estate appraiser to guide them in their financing decisions. But is this the only reason to get an appraisal? Many homeowners, assessor's offices, aGorneys, buyers and sellers uBlize appraisal for a variety of needs.

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Our clients have the ability to order online and check the status of their appraisal order 24 hours a day, 7 days a week, and 365 days a year. www.AMSNW.com

Over the past several years there have been signiﬁcant advancements in technology that our company has been able to leverage to provide beGer service to our clients. The use of electronic forms soeware, digital cameras, mapping and sketching soeware has enabled us to produce a beGer quality product in less Bme. UBlizing the most accurate data and research techniques we can consistently out perform our compeBtors.

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We also are able to send reports digitally through our forms soeware in a variety of formats (including PDF and Mismo XML). By delivering your appraisal electronically we eliminate the cost and Bme lost in the shipping process. Electronic delivery ensures you receive your appraisal the same day it was completed.

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In today’s market there are many opBons for your valuaBon needs but service is what makes us the clear choice. We will always keep you in the loop and communicate with you oeen and in your preferred method. We can update you on the progress of your order via phone, fax, or email. Our commitment to superior service has prompted us to invest in eTrac, the most sophisBcated appraisal management soeware available. The eTrac Oﬃce Manager will allow us to provide unparalleled service by truly managing the appraisal process.

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Bringing It All Together

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www.AMSNW.com 206-‐971-‐0821 oﬃce@pacheritage.com www.AMSNW.com