Company
First Choice Appraisal Management, Inc. is an independently owned appraisal management company. Founded by a Certified Appraiser with over 16 years in the business, our mission is to preserve the integrity of the appraisal industry while providing a valuable service to the lenders who choose to work with us. Although we are identified as an “Appraisal Management Company” we feel our job is one of protecting appraiser independence and not one of micro-managing a highly competent professional.
In such a volatile real estate market, lenders need to have reliable appraisals for management of risk. We have opted to partner with lenders who appreciate our dedication to quality, respect, accountability and reliability. This business is also about RELATIONSHIPS…it’s what has made lending work efficiently for the last 20 years. Because we understand the dynamics between lending and appraising, we have developed our new business relationships on values such as respect, trust, accountability and honesty. We have developed several solid relationships with appraisers in different markets across our coverage area. The way we treat the appraisers, have allowed us to develop relationships where appraisers become a member of a team, instead of just another person on a list. We continuously work on reaching out the appraiser who has decided that the industry they love no longer needs them.
It is because of our dedication to the local appraisal industries, we do not provide national coverage or additional services such as escrow title, BPOs, etc. We believe a small regional company dedicated to just appraisers and operated by appraisers is the best alternative for those lenders who do not wish to maintain an in-house panel of approved appraisers. We currently cover Oregon, Washington, California, Idaho, Nevada and Arizona for small correspondent lenders.
Our small, boutique style allows us to customize our panels for each lenders specific needs and requirements. Whether the lenders need us to manage an existing panel, utilize our current panel or a combination of the two, our hands-on approach to appraisal vendor management allows them the ability to still have a competitive edge in this new lending environment.
