About us
What is an Appraisable?
An Appraisable is more than AVM, Appraisable uses artificial intelligence to think like and act like an appraiser. Appraisable is the only computer-generated value in the market that is programmed to strictly follow the guidelines imposed by federal law and regulations for state certified appraisers.
Through accurate data feeds and adjusting in accordance with the Uniform Standards of Professional Appraisal Practice, or USPAP, an Appraisable is real estate values defined.
Does Appraisable really work?
Appraisable works by instantly accessing numerous databases of sales and comparable information to deliver the actual value of the property requested. Best yet, Appraisable follows the federal laws and regulations in its approach to valuing single family residences so users can be sure that the Appraisable is the actual value!
Appraisable Works with Certified Appraisers to Establish Reviewed Appraisables.
After generating an Appraisable, users can ensure the Appraisable is accurate by requesting a Review. Reviewed Appraisables are values that are double checked by a certified appraiser within hours to ensure the comparable properties generated are qualifying properties and that the weighting of each comparable is properly allocated. In other words, a Reviewed Appraisable is verified by a certified appraiser to ensure compliance with federal laws and regulations. In other words, a Reviewed Appraisable is an appraisal that is pending visual inspection!
Can my Appraisable be Converted into a Lawful Appraisal
For licensed lenders, with a single click of a button the user can summon a licensed appraiser to conduct a visual inspection of the property and validate the Verified Appraisable. It’s literally 1-2-3, Appraisable, Verified Appraisable, Appraisal. All consistent, transparent and able to be relied upon by the user. No more comparable property mysteries, no more guessing and no more AVMs. The days of shooting in the dark with popular websites or expensive inaccurate AVMs is over for real estate professionals, banks, insurance companies, mortgage companies and individuals alike! Best yest the Appraisable application is the actual application the certified appraiser will use to upload his Verification or Appraisal!
What About Independent Certified Appraisers?
This is the best part of Appraisable. Appraisable works with, not instead of, certified appraisers. Appraisable is an application that follows the USPAP, HUD, FANNIE MAE, FREDDIE MAC, and other applicable federal laws, guidelines, and regulations in selecting comparable properties, making adjustments and generating a weighted average value. Appraisable has been designed in compliance with FREDDIE MAC and FANNIE MAE audited risk profiles to ensure a certified appraiser is generating the right appraised value, without bias.
The certified appraiser application of Appraisable allows appraisers to appraise up to 3 times more properties in a day. This is possible because Appraisable facilitates instant uploading of information from visual inspections through the mobile app to the industry standard appraisal report. The upload also seamlessly integrates with the Reviewed Appraisable eliminating hours of duplication and redundancy.
Finally, Appraisable is a platform that allows lenders to request a file and share the file instantly with a certified appraiser and vice versa eliminating lost emails and broken transmission.