Accounting Policy effective
June 1st 2004

Appraisal Headquarters, Inc. sends out monthly statements on the 9th of every month. Unlike many other appraisal companies, we do not require that payment be made prior to inspection. For your convenience, payment is not due for 45 days after the appraisal has been completed. After the 45 days has passed, we do have a collection policy in place, which is explained below. We pride ourselves on providing excellent customer service, and that includes our accounting department. If there is anything that we can do to help with payment arrangements, please let us know immediately.

Appraisal Invoice terms are net 45 days. After the 45 days have past, you will receive a past due notice for which you will have 15 days to either pay the bill or make payment arrangements. If after the 15 days the invoice in not paid or no payment arrangements have been made, your company will be put on credit hold. We will be unable to do neighborhood value requests or complete appraisal orders, including any that are in the office, until payment arrangements have been made. If after 30 days past due no payment arrangements have been made, your company will be turned over to a collection agency.

If there are any discrepancies in your bill you have the first 45 days to contact us and we will be more than happy to assist you in resolving the matter.

If you have any questions, please call us at 1-800-965-6580 or E-mail us at hein@appraisalheadquarters.com