Method and apparatus for validating an appraisal report and providing an appraisal score
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United States of America Patent
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May 12, 2015
Grant Date -
Jan 3, 2008
app pub date -
Jun 29, 2007
filing date -
Jun 30, 2006
priority date (Note) -
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status (Latency Note)
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Abstract
A computer-based method for validating an appraisal report includes receiving appraisal data for a property, receiving property data for the property, verifying the appraisal data meets an appraisal guideline, providing a list of appraisal items that are present in the appraisal data, providing a medium discrepancy amount and a high discrepancy amount for the list of appraisal items, calculating a difference amount between the appraisal data and the property data for each appraisal item, and comparing the difference amount to the medium discrepancy amount and the high discrepancy amount.
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