PHOENIX, AZ — (Marketwired) — An Arizona-based appraisal management company’s innovative mobile app is streamlining how real estate appraisals are ordered, tracked, and delivered, reducing time and cost for mortgage lending professionals, while ensuring integrity throughout the home-appraising process.
“The DAMECO mobile application increases the speed of communication. It saves time, which in turn, saves money for mortgage brokers, lenders, real estate agents and consumers,” said Danielle DeGruccio, a certified appraiser and owner of Diamond Appraisal Management Executives, in Phoenix.
DeGruccio said industry inefficiencies inspired her to create the application to streamline how her AMC manages orders. Appraisers, lenders, and brokers can log in from a desktop computer or mobile device to view or update an appraisal order. All participants receive push notifications when an order status is updated.
Also, appraisers can accept or decline new orders, enter inspection and estimated completion dates, map the home’s location, contact the borrower and view order details. Lenders and brokers can create an order, track their order list, send a message to DAMECO, upload documents and view completed appraisal reports.
“This app is an essential tool for loan originators to be able to check the status of orders at any time,” says Aaron Alvarez, a loan originator with Alliance Financial Resources team in Phoenix. “This will benefit consumers, as well,” Alvarez added, “because it will speed up the process of the sale of their home or the purchase of their new home.”
The software gives DAMECO a significant edge in the local and national real estate appraisal market. DAMECO provides appraisal management services in 16 states and recruits only the most qualified appraisers to join its network. DAMECO aggressively examines each submitted appraisal report to ensure it meets the highest industry standards.
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