Appraisal FirewallX offers lenders the ability to place, track, and obtain Automated Valuation Models (AVMs) and Property Condition Reports (PCRs) within a single platform. These evaluation tools can be easily ordered, ensuring lenders get property valuation results fast! 


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Property Condition Reports (PCRs)

This evaluation tool can be ordered when a traditional appraisal report is waived, while still verifying the subject property's value and condition. Most PCRs are delivered within 3-5 business days. If an appraisal report is deemed necessary, lenders can order the report directly from the existing PCR, via Order Appraisal. Additionally, Appraisal FirewallX's PCR product offering works in tandem with our Automated Valuation Model (AVMs), which is explained later in this guide. 

Enable PCRs at the Division Level

Prior to placing a PCR request, you must enable the product from the Billing/Services section via Edit Settings within the division. 

Enable the box and Save. 

Placing a PCR Order

Once the product has been activated, users will see a Valuation option from the New Order slide out navigation bar. 

Choose Valuation to be directed to the New Order form. Users must fulfill all required fields as marked by an asterisk(*). Within the Order section, under Valuation Type, users should select PCR - Property Condition Report.

Once a green checkmark has been supplied in each section (Loan, Property, and Order), the Order button at the bottom of the screen will become enabled. Select Order to place the PCR request. PCRs typically take 3-5 business days to return and when the report has been provided by the vendor, users will be notified. The output will be accessible via the Communications Log or the Documents tab within the order. 


Automated Valuation Models (AVMs)

This instant property evaluation tool is based on historical property and market data, plus verified mathematical modeling. AVMs are a great solution for certain refinance and equity products and typically return in under 30 seconds. If an appraisal report is deemed necessary, lenders can order the report directly from the existing AVM, via Order Appraisal. Additionally, Appraisal FirewallX's AVM product offerings work in conjunction with Property Condition Reports (as referenced earlier in this guide) and Verisite Collateral Data, ensuring lenders get property valuation results fast. Refer to our guide on Verisite Collateral Data for more extensive information.  

Enable AVMs at the Division Level

Prior to placing an AVM request, you must enable the product from the Billing/Services section via Edit Settings within the division. 

Enable the box and Save. 

Placing an AVM Order

Once the product has been activated, users will see a Valuation option from the New Order slide out navigation bar. 

Choose Valuation to be directed to the New Order form. Users must fulfill all required fields as marked by an asterisk(*). Within the Order section, under Valuation Type, users should choose Cascade AVM. 

Once a green checkmark has been supplied in each section (Loan, Property, and Order), the Order button at the bottom of the screen will become enabled. Select Order to place the AVM request. 


AVMs typically return within 30 seconds and when the report has been provided by the vendor, users will be notified. The output will be accessible via the Communications Log or the Documents tab within the order.