Troy, MI, September 16, 2010 - Dart Appraisal, a leading national provider of residential real estate appraisals, today announced that HomeTelos, L.P. selected the company as their appraisal services provider for the newly awarded United States Department of Housing and Urban Development (HUD) single family residential portfolio.

HomeTelos, L.P., a Dallas-based real estate services and technology firm and approved GSA schedule contractor, was selected to provide new and advanced marketing strategies to sell HUD's single-family residential homes in five regions, covering 25 states and additional U.S. territories. A quick and accurate appraisal valuation is a key element to the execution of selling strategies for the portfolio HomeTelos manages.

The geographic area covered by HomeTelos' services under these contracts includes Alabama, Arkansas, Colorado, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Mississippi, Missouri, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia and West Virginia, including Puerto Rico and the U.S. Virgin Islands.

'Our experience in working with Asset Managers for REO valuations makes this a natural partnership,' said Darton Case,  chief executive officer of Dart Appraisal. 'Since 2006, Dart Appraisal has specialized in REO appraisals. We specifically train our key REO appraisers annually to ensure compliance with all regulations, understanding of the latest changes and avoidance of common reporting errors.'

As part of the company's commitment to quality control, Dart Appraisal has trained hundreds of appraisers throughout Texas and Georgia on the specifics of REO valuations. Additionally, Dart Appraisal recently introduced DartAdapt(TM) quality control technology to on each appraisal to attain the highest level of accuracy. Appraisers interested in becoming part of the Dart Appraisal appraisal panel should contact the company at www.DartAppraisal.com.