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Appraisal Orders - FHA/CONV
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When placing a new order in BPM we will "Send Appraisal event" to order
FALSE: we should select "Place new order"
In BPM, the product name can be determined by identifying the property type/form
TRUE
T or F: When adding the F5 comment, an email notification is required to send
FALSE
If the BOT failed we will manually need to update the "DM Appraisal order" tracking to requested
FALSE: if the BOT failed we can still place a new order in BPM & ensure tracking gets updated systematically.
Valuation partners, Single Source, Clear capital, and Class valuation are the (4) AMC companies we work with
FALSE: Valuation connect; Single Source, Consolidated Analytics, and Class Valuation
If we find a property inspection waiver we should proceed to order a new appraisal order
FALSE: a PIW indicates an appraisal is not warranted
The special feature code "801" indicates an appraiser waiver is needed
TRUE
The "AUS finding document" is where we can confirm if the appraisal is warranted
TRUE
If a manual appraisal order needs to be requested the AC will order in FHA connection
False: we will place the order via BPM
The Appraisal BOT will automatically place the appraisal order.
True