Privacy Policy

I. Payment Data

AppraisalMark retains credit card information from our clients through a secure online ordering system (identified as "ValuTrac"). Any credit card information we retain is encrypted and secure within these systems. No credit card information or check copies are retained in our systems. Any copies of check payments received are stored off-site in secured locked facilities.

II. Appraisal Order Work Files

AppraisalMark does not store paper work order files. AppraisalMark retains work file information from our clients through ValuTrac. Each electronic file stores PDF files containing customer information including: Borrower Name(s), phone numbers, address and any relevant information needed to facilitate an appraisal order. All relevant email logs and or emails will be maintained in these electronic files.

III. Gramm Leach Bliley Title V (GLB)

AppraisalMark makes significant efforts to keep all appraisal-related data confidential in compliance with the Gramm Leach Bliley act, Title V. We will not disclose confidential appraisal and/or mortgage data to any third party without the written permission of the rightful owner of that data. We do not disclose personal financial information to any appraiser vendor.

IV. USPAP Compliance

AppraisalMark makes significant efforts to keep all appraisal-related data confidential in compliance with the current version of the Uniform Standards of Professional Appraisal Practice (USPAP) as published by The Appraisal Foundation. We will not disclose confidential appraisal data to any third party without the written permission of the rightful owner.

Appraisals ordered through AppraisalMark are treated as a contract between the ordering party and the appraiser completing the work. The lender/client may disclose or distribute this appraisal report to: the borrower; another lender at the request of the borrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; other secondary market participants; data collection or reporting services; professional appraisal organizations; any department, agency, or instrumentality of the United States; and any state, the District of Columbia, or other jurisdictions; without having to obtain the appraiser's consent.

V. Our Use of Your Information

The majority of the information we collect is held in strictest confidence and is not shared outside of AppraisalMark except as specifically described in this statement. If necessary, we will use your information to contact you.

VI. Information Distribution

AppraisalMark will never willfully disclose personally identifiable information to a third party for marketing or other use.

VII. Third Party Collectors

In general, the third-party providers used by us will only collect, use and disclose your information to the extent necessary to allow them to perform the services they provide to us. For these providers, we recommend that you read their privacy policies so you can understand how your personal information will be handled.

VIII. General

If you have any questions or concerns about this privacy statement, please email or contact us at info@appraisalmark.com.