Method and apparatus for validating an appraisal report and providing an appraisal score

Abstract

A computer-based method for validating an appraisal report includes receiving appraisal data for a property, receiving property data for the property, verifying the appraisal data meets an appraisal guideline, providing a list of appraisal items that are present in the appraisal data, providing a medium discrepancy amount and a high discrepancy amount for the list of appraisal items, calculating a difference amount between the appraisal data and the property data for each appraisal item, and comparing the difference amount to the medium discrepancy amount and the high discrepancy amount.

1 . A machine-readable medium for validating an appraisal report comprising instructions that upon execution cause a machine to:
 receive appraisal data for a property;   receive property data for the property;   verify the appraisal data meets an appraisal guideline;   provide a list of appraisal items that are present in the appraisal data;   provide a medium discrepancy amount and a high discrepancy amount for the list of appraisal items;   calculate a difference amount between the appraisal data and the property data for each appraisal item; and   compare the difference amount to the medium discrepancy amount and the high discrepancy amount.