Affiliate Company Name:ValuTech
Affiliate Phone No:Call Us 888-495-8258
Affiliate Company Logo:
Affiliate Appraiser Name:Cory Kill
Affiliate Company Address:2180 Garnet Ave #3A
San Diego, CA 92109
Affiliate Company Email:info@valuationtechnology.com
Affiliate Location:San Diego County

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.

Transparent

Transparent

Transparent

Transparent report which does not require expertise or special staff to validate or test
Compliant

Compliant

Compliant

Compliant with the Interagency Appraisal and Evaluation Guidelines and USPAP
Concise

Concise

Concise

Detailed to support a credit decision in compliance with safe and sound banking practices
Understandable

Understandable

Understandable

Sales comparison methodology with comparables adjusted into parity with the subject property.
Timely

Timely

Timely

Fast delivery to empower the time sensitive decisions and more efficient work flow.
Credible

Credible

Credible

Based on the physical condition and complete characteristics of the subject and comparables
informative

Informative

Informative

Complete property data, photos, real-time market analytics, and neighborhood analysis
Cost Effective

Cost -Effective

Cost -Effective

Access to appraiser expertise at a fraction of the cost of traditional appraisal products