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What is EDI?
EDI stands for Electronic Data Interchange. EDI is to transfer
data between different companies using networks, such as the
Internet and email.
Why is it good for an appraiser to EDI?
Your appraisal will arrive at your lender (or lawyer, etc) as
soon as it is finished by email instead of waiting for it to
be courier, US mail, FedEx, or California Overnight. This saves
you more money and fewer headaches. (no more missing appraisal
reports!).
How does an appraiser EDI an appraisal?
The appraiser must have a color digital camera, other digital
equipment, software, and a digital signature. 101Appraisals.com
possess all of these!
What does my lender need to have to EDI?
A computer with email, color printer, and the Adobe Reader software.
You would need Adobe Reader to read an EDI appraisal. Download
it Now!
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