21st September 2010

DartAppraisal.com needs more REO appraisers

DartAppraisal.com is proud to announce one of the largest endeavors in our 17-year history. HomeTelos has chosen our firm as their appraisal services provider for the newly awarded U.S. Dept. of Housing and Urban Development (HUD) single family residential portfolio.

The new contract with HomeTelos covers REO appraisals across 25 states and three territories, marking a sizable increase in HUD REO coverage for our firm. We have included a recent Yahoo Finance news article for your information below.

In the coming months, DartAppraisal.com will be seeking additional certified, HUD-approved appraisers to join our national appraiser panel. We are looking for good appraisers to help us with these 25 states. Please make use of the “Forward to a Friend” icon at the bottom of this message to recommend your colleagues, or sign up yourself through our vendor coordinator, Tracey Meldrum.

Tracey Meldrum
HUDREO@DartAppraisal.com
1-888-DART-123 Ext. 665

We look forward to working with you.

Sincerely,

Michael Dresden
Director of Operations
DartAppraisal.com

TROY, Mich., Sept. 16 /PRNewswire/ — DartAppraisal.com, a leading national provider of residential real estate appraisals, today announced that HomeTelos, L.P. selected the company as their appraisal services provider for the newly awarded United States Department of Housing and Urban Development (HUD) single family residential portfolio.

HomeTelos, L.P., a Dallas-based real estate services and technology firm and approved GSA schedule contractor, was selected to provide new and advanced marketing strategies to sell HUD’s single-family residential homes in five regions, covering 25 states and additional U.S. territories. A quick and accurate appraisal valuation is a key element to the execution of selling strategies for the portfolio HomeTelos manages.

The geographic area covered by HomeTelos’ services under these contracts includes Alabama, Arkansas, Colorado, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Mississippi, Missouri, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia and West Virginia, including Puerto Rico and the U.S. Virgin Islands.

“Our experience working with Asset Managers for REO valuations makes this a natural partnership,” said Darton Case, president of DartAppraisal.com. “Since 2006, DartAppraisal.com has specialized in REO appraisals. We specifically train our key REO appraisers annually to ensure compliance with all regulations, understanding of the latest changes and avoidance of common reporting errors.”

As part of the company’s commitment to quality control, DartAppraisal.com has trained hundreds of appraisers throughout Texas and Georgia on the specifics of REO valuations. Additionally, DartAppraisal.com recently introduced DartAdaptâ„¢ quality control technology on each appraisal to attain the highest level of accuracy.

Appraisers interested in becoming part of the DartAppraisal.com appraisal panel should contact the company at www.dartappraisal.com.

DartAppraisal.com is a leading independent provider of nationwide residential real estate valuations. Since 1993, the Troy, Michigan-based company has leveraged innovative technology, stringent quality control measures and localized experience to provide appraisal management services to the mortgage industry. Since 2006, DartAppraisal.com has also specialized in REO appraisals. www.DartAppraisal.com

HomeTelos, L.P., a company at the Intersection and Technology, creates dynamic real estate solutions for managing and marketing residential properties. Founded in 2001, and an affiliate of First Preston, HomeTelos provides advisory and technology solutions that drive the life cycle of real estate portfolios. For more information on the company visit www.hometelos.com.

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