Valuation Management Group (VMG) announces the company’s registration in four additional states to offer an outsourcing solution to the appraisal process. VMG now conducts business in Delaware, Michigan, Oklahoma, and Utah in addition to 41 other states currently served.
According to COO Patrick McMillen, VMG will continue to register and be appropriately licensed in all applicable states as the remaining state Appraisal Management Company (AMC) Laws are passed.
VMG handles the entire appraisal process for residential and commercial properties including approving appraisers; managing appraiser panels; managing the bid process on complex properties, commercial assignments and EPA inspections; engaging appraisers; paying appraisers and reviewing finished reports. Financial institutions can adhere to appraisal compliance in accordance with the Dodd Frank Act, FHA Appraisal Guidelines, Interagency Appraisal and Evaluation Guidelines, USPAP Guidelines, UAD and Collateral Underwriter Guidelines, FIRREA, TAVMA, and state and national appraiser independence laws with VMG’s full appraisal management services. VMG also offers commercial and residential appraisal review only services.
The company’s goal is to provide a timely and efficient service while facilitating and simplifying the real estate appraisal process. VMG’s primary mission is to institute an environment where true appraiser independence and quality commercial and residential appraisals can be obtained.
About Valuation Management Group:
Established in 2006, Valuation Management Group, LLC is a nationwide appraisal management company with headquarters in Atlanta, GA. VMG offers a turnkey approach to the appraisal process from inception to final completion.