An appraisal management company may only hire licensed and certified independent contractor appraisers in good standing. The company cannot improperly influence appraisers or violate laws regarding appraisal independence. Licensing requirements for appraisal management companies have been established in several states, including Virginia which requires a $25,000 surety bond. Proposed revisions to appraiser qualifications were adopted by the Appraiser Qualifications Board and will take effect in 2015.

1. Lender's Selection, Inc.
A person may not own an interest in an appraisal management company if the person has had the
person's license or certificate to act as a real estate appraiser in Indiana or any other state revoked and
the license or certificate has not been reinstated. An appraisal management company may only hire an
independent contractor to perform an appraisal who holds a license or certificate under IC 25-34.1-3-8
or a license as a real estate broker under IC 25-34.1 and is in good standing. An appraisal management
company may not corrupt or improperly influence a real estate appraiser in violation of IC 24-5-23.5-7.
Along with the legislative and regulatory evaluation conditions that have been implemented before few
years, several lenders have established their own appraisal conditions based on internal threat policies
as well as those policies that are affected by the data within the appraisal they feel. Do you know the
alternatives if someone disagrees using the appraisal? The AMC offers a service as an agent for the
lender. Lenders are mandated by national laws to maintain real estate appraisal programs that alone
employ appraisers for federally related trades. Many l enders use Assessment Management Companies
(AMCs) to fulfill that function. How can real estate agents prepare the house for an assessment?
In the year 2012, Virginia HB 210 established the state's first licensing ordinances for AMCs. Under the
licensing requirements, AMCs must file a $25,000 Virginia surety bond or letter of credit with all the
Real-Estate Appraiser Board starting July 1, 2014. For concerns about AMC licensing and/or bonding
necessary, you can reach the Real-Estate Appraiser Board Licensing Part at 1 (804) 367-2039. Dc For
questions about AMC licensing and/or Washington surety bond requirements , it is possible to reach the

2. state's Appraisal Management Company Plan at 1 (360) 664-6504. Why Do I Want An Evaluation
Direction Business Surety Bond?
The Colorado Board of Real Estate Appraisers has recently become conscious of some situation in which
appraisers are requested to follow-up on issues identified by engineers, house or building inspectors
throughout the length of an inspection. Proposed Revisions to the Actual Property Appraiser
Qualification () have been adopted by the Appraiser Qualifications Board (AQB). The , which were
adopted in the December 2011 meeting of the AQB, will likely be successful on January 1, 2015. Our
special partnership way of evaluation management ensures that people keep a sharp eye on quality and
support while continually working to propel the financing industry forwards.
PCA is a national evaluation direction and review business. PCA was founded to enhance the AMC
business. Rational courtesy, honesty, business and urgency are core values at PCA. We simply work with
the best appraisers in the united states and we deliver high quality work for our clients. We have

3. confidence in paying appraisers nicely and on time and we see them as a direct extension of the PCA
Team. Join us for the New England Mortgage Expo January 17th, 2014 at the MGM Grand Foxwoods.
Please g ive us a call at (913) 951-2673 if you need to schedule an introduction. We would like to meet
you! For more info http://collateralmanagement.org/