Broker Price Opinions (BPOs) can be risky due to improper record keeping, lack of consistent standards and compliance regulations that differ from state to state. These issues can leave lenders using BPOs vulnerable to scrutiny. But with the cost of...
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ValueNet video: the best desktop appraisal technology
November 22, 2016
Watch the ValueNet video for an overview of the ValueNet appraisal technology platform. With both interior and exterior inspection options, support for loans over $400,000 and a 17-year track record, ValueNet can help you improve the profitability of your home equity, HELOC and portfolio loan businesses.
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Are real estate appraisal turn times hurting your business?
August 29, 2016
Speed up appraisal turn times
If slow appraisal turn times are giving you headaches, you’re not alone. The number of real estate appraisers continues to decline, and lenders are struggling to keep loan cycles short. Delays in appraisal turnaround impact... Read moreBe proactive for 2016 – the potential risk of non-appraiser evaluations
January 26, 2016
The use of non-appraiser evaluations or “desktops” is under scrutiny at the state level, with some states requiring, or moving toward requiring, a licensed or certified appraiser to prepare any desktop valuation.
As one example, here is a link to the...
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