Overview
Submitting a revision request to your appraiser allows you to resolve valuation discrepancies or compliance errors identified during your appraisal review. When you mark one or more findings as Revision Needed in Collateral Investigate™, the review interface updates to facilitate a formal request. You can review key summary statistics, attach supporting files, and select exactly which findings and comments to share with your vendor.
Submit a Revision Request
When one or more findings are marked as Revision Needed, you can submit a revision request to the appraiser.
Note: The Finalize review button will change to Request revision.
Click Request revision to request a revision from the appraiser.
Review the summary statistics such as Findings addressed, Unaddressed findings, and risk scores.
Select what to share with the vendor, including Final summary, All findings, and All comments.
Select any files from the Associated files menu to attach them to the request.
Enter a Final summary comment to share internally and with your vendor.
Select a reason from the Reason for decision menu.
Click Submit revision request.
Outcome
You can now submit the revision request to your appraisal vendor on Collateral Investigate™. You can track the status of the revision while the file is processed, and your final review remains pending until you receive the updated appraisal report.