Location specialists form the core group of people well versed in the neighborhood of the subject property. They are aware of the trends, market conditions, crime rates, school zones, hospital access, public transport conveniences, foreclosure patterns, etc of the said catchment area.
Expert Appraisers does the property evaluations based on feedback from the location specialists & the available pictures of the subject property. Comments are reviewed by the appraisers for clarity & appropriateness. The data entry professionals are familiar with the bank’s entry forms work on entering the data into the system.
In cases where the availability of comparables / listings are challenging, the location specialists & the appraisers would be entering the data without help from the Data Entry team members. This would be the case, when one has to break the rules to accommodate a limiting condition.
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