1 (844) 589-9732 info@ameriprosuretybonds.com

Washington State Appraisal Management Bond

Washington State Appraisal Management Bond | AmeriPro Surety Bonds | 844-589-9732


Washington State Appraisal Management

The Washington State legislature defines an appraisal management company as “…any entity that performs appraisal management services, regardless of the use of the term appraisal management company, mortgage technology provider, lender processing services, lender services, loan processor, mortgage services, real estate closing services provider, settlement services provider, or vendor management company, or any other term.” [italicize that of AmeriPro Surety Bonds]

Appraisal management companies in Washington State can receive orders for an appraisal from any of the entities above.

They may also recruit persons to perform these appraisals and perform quality control of any appraisals done.

Becoming Licensed as an Appraisal Management company in Washington State

Applicants for an appraisal management company must do a number of things to become licensed as such in Washington State.

They must file the appropriate forms.They must submit to a fingerprint background check;

They must pay the appropriate fees which are as follows:

A newly licensed management appraisal company will have a fee of: $2,400

To renew a licensed management company, the fee is:  $1,200

Late fees for renewals are:  $38

Duplicate licensing or certificates are:  $30 for each duplicate certificate or license

In addition to this,

Washington State appraisal management companies must post a surety bond in the amount of $100,000.

$100,000 Washington State Appraisal Management Bond

The $100,000 surety bond required of Washington appraisal management is a surety bond issued with the following:

The principal is the management company purchasing the surety bond;

The obligee is the Washington State Department of Licensing (an obligee is the entity which is requiring that the bond be purchased);

The surety company is the financial institution which has the wherewithal to guarantee the backing of the surety bond.  AmeriPro Surety Bonds is agent for the surety bond company.

Cost of a Washington State appraisal management bond

Although this bond is for $100,000, applicants will only pay a fraction of the bond amount (this is also known as the premium).

The premium amount may be determined by the history of an applicant in the industry.

By far, however, the amount of this appraisal management bond will be determined by the credit score.

Applicants with challenged or “bad credit” have a strong advocate with AmeriPro Surety Bonds.  We will work with you to get the best pricing available and as quickly as possible.

Term of the Bond:

A Washington State appraisal management bond is issued for a term of two (2) years, which is concurrent with the state license.

The 2 year length of issuance is also a determining factor in the price of this surety bond.

About AmeriPro Surety Bonds:

AmeriPro Surety Bonds provides contract, license & permit, fiduciary, and commercial bonds in Washington State and all 50 US states.

We not merely provide surety bonds for Washington State:  We work for you to get you the best pricing available for your situation.

Call AmeriPro Surety Bonds today at:  844-589-9732

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

South Carolina Reclamation Bond

South Carolina Reclamation Bond | AmeriPro Surety Bonds | 844-589-9732       Reclamation – South Carolina       South Carolina statutorily defines reclamation as, “...the reasonable rehabilitation of the affected land for useful purposes...

South Carolina Probate Bond

South Carolina Probate Bond | AmeriPro Surety Bonds | 844-589-9732       Probate – South Carolina       Probate is sometimes defined as “the process of proving a will”. While typically the probate process involves the affairs of the...

South Carolina Mortgage Lender Bond

South Carolina Mortgage Lender Bond | AmeriPro Surety Bonds | 844-589-9732       Mortgage Lenders – South Carolina       The surety bond required of South Carolina mortgage lenders is called a Mortgage Lender Special Deposit Bond. The...

apply today

contact us

Office: 1 (844) 589-9732

Email: info@ameriprosuretybonds.com

Hours of Operation:

Monday – Friday 7 am to 5 pm (PST)

Copyright © 2018 AmeriPro Surety Bonds, LLC. | Powered by CustomMarketer.com

Privacy Policy   Terms of Use