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Lagniappe Appraisal Management Company

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Description of our services

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LAGNIAPPEValuation Solutions

Providing Added Value and Service

APPRAISAL MANAGEMENT

Adding Valueis our name.Lagniappe (lan-yap), in its literal meaning, is an added bonus or gift. We’ve established our company with the foundation of providing added value and going the extra mile for our clients. We do this by only accepting applications from appraisers who were referred to us by a lender. Establishing good communication with an experienced panel of appraisers is one ofthe ways we’ve earned a renowned trust from our clients.

Complianceis our game.Removing any conflicts of interest during the appraisal process is our promise to you. By acting as the intermediary in the lender/ appraiser relationship, we allow the lender to maintain controlof the appraisal process, all while eliminating risk.

Clarityin an industry that’s not so clear.Lagniappe Valuation Solutions, LLC is owned and operated by appraisers and lenders alike. Understanding the challenges that they both face on a daily basis helps us to provide a clear and guided compliance service. This translates into a seamless experience for both parties. With our experience, Lagniappe understands the high importance of quick turnaround times and high quality reporting, which helps us to stand out from our competitors.

Communicationis key.As our client, you may stay involved as much as you would like, but we will be constantly updating you through the entire process. Starting with the appraisal assignment and acceptance, all the way to the review by one of our Certified Residential Appraisers, you will be aware of every task, at all times. Before we review an appraisal, we communicate with you to ensure our reviews meet your personalized and individual requirements. Plus, our ongoing support will beavailable for any questions regarding your order, compliance, or regulation long after your order is complete. Our added value service will always be available when you need us.is complete. Our added value service will always be available when you need us.

Residential AppraisalProducts

This report is used for appraising single family residences when FHA financing is involved. It includes a detailed interior and exterior FHA Appraisal inspection. The appraiser an opinion of value based upon one of the three valuation methods; Sales Comparison Approach, Cost Approach, or Income Approach. Report Includes: Complete 1004 appraisal report and list of required FHA repairs, floor sketch based upon exterior measurements, exterior and interior photos of the subject including the street, front view photos of each comparable property, and a location map with the subject and comparables plotted.

This report is used to complete an Appraisal Update, a Final Inspection, or both. The Appraisal Update is used to update the effective date of an existing appraisal report. This report is considered a new appraisal assignment and the appraiser will indicate if any changes have occurred to the subject’s market value since the time of the original report. The Final Inspection Report is used for appraisals that were completed “Subject To.” This report will verify that the conditions of the original report have been meet. The necessary portions of the subject property will be inspected. Report Includes: The Appraisal Update includes the complete appraisal report, exterior and interior photos of the subject as necessarUpdate includes the complete appraisal report, exterior and interior photos of the subject as necessary. The Final Inspection includes the completed appraisal report and new photos of the subject, particularly of the area that specifically needed inspection.

Draw Inspection

Employee Relocation (ERC)

Real Estate Owned (REO)

Vacant Land

Catastrophic Disaster Area Property Inspection Report

www.LagniappeAMC.comJoin our appraiser panel today at:678.462.3633 | [email protected]