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real estate appraisal management companies

Surety Bonds for Appraisal Management Company Proposed

Surety Bonds for Appraisal Management Company Proposed

After the melt down in real estate that arguably caused the great recession, a cadre of states have put surety bond requirement as part of the license requirements for real estate appraisal management companies. These companies are basically wholesalers, where for a fee, appraisal companies can obtain appraisal work. Seeing the value of pre-qualification offered by the surety companies, many …