Evaluations
Compliant Evaluations engineered to speed up, simplify and save money in your valuation process
Created leveraging our innovative Technology-Assisted valuation platform these Automated and Semi-Automated Evaluations Reports meet the need for evaluations that comply with the Interagency Appraisal and Evaluation Guidelines while providing faster and more cost-effective alternatives to appraisals, BPO’s and traditional AVM’s.
Reports
The QVR is a concise automated evaluation report utilizing enriched data and multiple valuation models and statistical routines. It can be enhanced with a market-specialized appraiser selecting the comparables and determining a confidence score or elevated even further with an exterior inspection of the property for ensured compliance with the IAG and even greater confidence.
QVR
Description
Utilizes our innovative database-driven valuation process to produce a condition-based, automated evaluation report which can be easily underwritten. For clients who need an instant, regulatory compliant evaluation.
Benefits
- Accuracy
- Instant access
- Cost-effective
- Real-Time valuation
- High Hit Rate
- Concise Report
Uses
- Prescreen valuation needs
- Low-loan limit HELOCs
- Quality Control Tool
- 2nd Opinion Valuations
Timeline
Price
$30
Instant
Interactive QVR
Description
Elevated accuracy with appraiser selected comparables analyzed by multiple valuation models. Clients can leverage the knowledge of an appraiser while retaining the speed and cost saving of an AVM.
Benefits
- Enhanced Accuracy
- Fast Delivery
- Easily underwritten
- Low-cost appraiser involvement
- Improved Credibility
Uses
- Underwrite 2nd TDs
- Home Equity Loans
- Appraisal reviews
- 2ndOpinion Valuations
- Loan servicing
Timeline
Price
$50
Appraiser Assisted
Interactive QVR+
Description
Enhanced compliance gained by an exterior inspection and appraiser selected comparables which fuel valuation models to produce a condition-based evaluation designed to meet the specific requirements of the IAG.
Benefits
- Elevated Accuracy
- Real-time Property Characteristics
- Greater Confidence
- Appraiser engagement
- Fast Delivery
Uses
- Any transaction that requires compliant evaluations
- Underwrite HELOCs
- REO & loan disposition
- 2nd Opinion Valuations
Timeline
Price
$100
Appraiser Assisted w/ Inspection
Key Features
The QVR is a concise report with sales comparison grid, photographs, neighborhood analysis, real-time market conditions and critical property characteristics – like condition - to provide accurate and compliant evaluations which do not require expertise or special staff to validate or underwrite.