AppraisalEngine.com, LLC, partners with Central State Appraisal Services, LLC

Sea Girt, NJ June 20, 2002 - Central State Appraisal Services, LLC has chosen AppraisalEngine.com as its B2B partner.  Central State Appraisal Services, LLC will begin using the appraisal processing and management software from AppraisalEngine.com to request, receive and monitor the delivery of valuation services from appraisers, while eliminating most paper, fax and courier costs.

AppraisalEngine.com will deliver fast, secure management of the appraisal process system through its web based portal.  The portal will serve as the hub through which appraisers will receive orders for appraisal services, report status, and deliver completed reports and files to Central State.

The AppraisalEngine.com web site will maximize our productivity and give us the best available technology to deliver the quality control and faster turn times our big-volume clients are demanding," said Daniel McDonald, president and founder of Central State Appraisal Services. "Naturally, we are pleased that our mid-volume clients will also benefit from our move to a highly automated system,  AppraisalEngine.com streamlines residential and commercial mortgage loan processes.

AppraisalEngine.com is an automated data delivery service that gives its mortgage lender clients and appraisal management company clients, the ability to order, track and receive completed appraisal reports in a common format.  The lender and appraiser can use the portal from anywhere that they can access the internet.  In addition to its appraisal management services, AppraisalEngine.com offers a host of services, that make the appraisal process easier and more efficient.  These include the following.

A complete searchable data base, that has over 110,000 appraiser listings in all parts of the country and the US territories.

An easy way for lenders to maintain their approved appraiser list, making it easy for the lender to download a complete up to date file of the appraisers license, E&O insurance and resume.

A bidding module that allows commercial lenders to send a bid offering to its own approved appraisers, or the entire data base of  appraisers listed on our site.  Our search engine, finds only those appraisers qualified to appraise the property up for bid, and sends them a bid request asking the cost and time to complete the assignment.

You can contact a representative of AppraisalEngine.com at info@appraisalengine.com or access our web site at www.appraisalengine.com .

Central State Appraisal Services, LLC, a Real Estate appraisal company owned and operated by appraisers, provides nationwide valuation services for residential lenders, plus commercial and industrial valuation services in New Jersey, New York and Pennsylvania. Central State is dedicated to service and quality appraisal reporting. Through its strong network of appraisers, Central State delivers a suite of appraisal services and has established solid relationships with lenders across the country.