Company Policy





Scheduling:

We accept orders on a first come, first serve basis. During high volume periods it may take up to two weeks to complete an order. Inspections are scheduled as an appraiser becomes available to inspect the property and usually within a week of the order date.

Terms of Payment for Individuals, Estate Resolution, and Divorces:

Payment in full is required at the time of inspection on independent appraisals.

Terms of Payment for Financial Institutions:

Payment is due 30 days from the date of invoice. Payments not made within 30 days of the invoice date will be charged a $25.00 late fee. Payments not made within 90 days of invoice date will be sent to collections and subject to a $50 late fee and a collection fee equal to 50% of the original invoice amount in addition to the past due amount.

Returned Check Fee:

Any check submitted to the company which results in a returned check fee, will be subject to a $50 fee and any applicable bank fees. Appraisal report delivery may be delayed until a check has cleared the issuing bank. This may take up to 10 business days.

Check Preparation Fee:

Any check and/or payment prepared for an outside entity will be charged a $25 check preparation fee.

Information Privacy:

We do not share any information about our appraisals with outside organizations. All transactions are confidential. All addresses, phone numbers and financial information is strictly controlled and protected for your safety.

 

Indemnification:

 

Edward Clark / EClark Group Appraisals, Inc. does not agree to indemnify nor hold harmless any client, lender or entity who may rely on appraisals from ECG Appraisals, Inc. and Edward Clark from any claims, costs, losses, damages, judgments and expenses, including attorney's fees and expenses, relating to or arising out of any appraisal assignment performed by Edward Clark and EClark Group Appraisals, Inc. The E&O insurance maintained by Edward Clark does not cover third parties.