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Evaluation Report
ValuTech’s Evaluation Reports meet the need for lower cost, quick turnaround time appraisal alternatives. By leveraging our technology-assisted valuation platform eliminating inefficiencies and accelerating the analytic process, ValuTech is able to provide credible, cost-effective appraisals produced by the most qualified appraiser in the property’s market in complete compliance with USPAP and the Interagency Appraisal and Evaluation Guidelines. Our Evaluation Reports are the “gap” product of choice for clients looking for a regulatory compliant appraisal alternative.
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Compliant
conforms to USPAP and the Interagency Appraisal and Evaluation Guidelines.
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Fast
produced with 24-72 hours; can be ordered and accessed online in minutes.
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Comprehensive
concise report provides property characteristics, photos, comparables, neighborhood level market trends and characteristic data.
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Accurate
a credible estimate of value derived from appraiser selected comparables adjusted into parity with the subject property.
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Cost-Effective
affordable access to appraiser knowledge and expertise at a fraction of the cost of other appraiser-developed products.
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Compliant, Accurate & Concise
ValuTech’s Evaluation Reports were created to meet the need for lower cost, quick turnaround time appraisal alternatives. By leveraging our database-driven valuation technology eliminating inefficiencies in the appraisal process and accelerating the analytic process, ValuTech is able to provide highly-accurate, cost-effective appraisals produced by the most qualified appraiser in the property’s market.
These appraisals break the mold of GSE form reports and are more concise; but, still contain the necessary information to understand the value determination. Our Evaluation Reports are credible appraisals, developed by certified appraisers in complete compliance with USPAP and the Interagency Appraisal and Evaluation Guidelines.
These comprehensive reports contains property characteristics, a sale comparison grid with both closed sales and active listings, neighborhood characteristics, market conditions analysis, comparable radius report, maps, photos and certifications. Our Evaluation Reports are the “gap” product of choice for clients looking for a regulatory compliant alternative to a low confidence BPO or to a costly GSE Form Appraisal.
Applications
- Regulated Institutions for transactions that qualify for the appraisal threshold exemption or subsequent transaction exemption
- Used to fund Home Equity lines of credits or second mortgages
- Underwriters easily verify subject information, market value and comparable sales
- Mortgage Originators effectively pre-qualify borrower’s LTV and loan pricing
- Collateral review specialists quickly evaluate and confirm values
- Asset managers accurately and instantly confirm list or sales prices and loan offer considerations
- Realtors and homeowners quickly obtain the market value of a home
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