SAN DIEGO–DataQuick®, the nation’s leading independent provider of advanced real estate information solutions powered by data, analytics and decisioning, has partnered with ValueNet™ to offer its customers access to ValueNet’s USPAP-compliant Desktop Appraisals.
“We are excited to integrate our ValueNet product offering into DataQuick’s Collateral valuation offering.”
“Market knowledge of local appraisers paired with property-level data and neighborhood trending information are the keys to accurate appraisals,” said ValueNet CEO Scott Waxman. “We are excited to integrate our ValueNet product offering into DataQuick’s Collateral valuation offering.”
The ValueNet suite presents mortgage professionals with a more accurate and cost-effective solution, in comparison to similar products, to fulfill their appraisal needs and provides multiple benefits, which include:
- Qualified local appraisers to complete desktop appraisals;
- Options to include exterior inspection of properties and neighborhoods;
- Accurate market intelligence, including Home Price Index and local Sales Activity;
- Location maps; and
- National delivery within 3-to-5 business days.
ValueNet appraisals include extensive property research, input from local data sources and the actual valuation of the property, while offering several variations of reports to be used throughout the lending operation. Various options offered in ValueNet’s suite of products include:
- ValueNet Desktop- a USPAP compliant desktop appraisal for AVM Cascade or portfolio risk management;
- ValueNet Plus- a USPAP and IAEG compliant appraisal, which includes external property inspection and photos of subjects; and
- ValueNet EX- a USPAP compliant appraisal alternative designed to meet the needs of REO and loss mitigation managers.
“ValueNet has established a reputation for quality, service and reliability in delivering accurate desktop appraisals,” said John Walsh, president of DataQuick. “Their proven performance and comprehensive product set is a great complement to DataQuick’s collateral valuation and appraisal solutions.”
By promoting consistent process quality, delivering on aggressive service levels and effectively managing supply chain workflow, DataQuick offers a capability advantage unique in the industry. The addition of the ValueNet Appraisal Suite makes DataQuick’s valuation offering, which includes Automated Valuations, Collateral Review Solutions, Non-Appraisal Evaluations and Licensed Appraisals, even more valuable for lenders and servicers.
About DataQuick
San Diego-based DataQuick delivers advanced information solutions powered by higher quality data, innovative analytics and automated decisioning across a national footprint. The company drives better decision making and improved profitability for the real estate, mortgage lending and secondary investor markets. DataQuick’s integrated solutions include property data and analytics, appraisals and non-appraisal evaluations, flood determinations, mortgage credit reports, automated valuation models, automated decisioning software, title insurance and property information, property research portals and marketing tools. For more information, visit the company’s website at www.dataquick.com, on LinkedIn or on Twitter at @DataQuick.
About ValueNet
ValueNet is a division of Preferred Appraisal, Inc. ValueNet provides the highest-level in service and delivers accurate, cost effective non-traditional appraisals to customers across the U.S. Their proprietary appraisal products are completed in a USPAP compliant process and meet the requirements of the Interagency Appraisal Guidelines (December 2010). ValueNet provides an array of alternative appraisal products for nearly every type of residential real estate. From lending institutions to wholesalers to Loss Mitigation departments, ValueNet serves the needs of nearly every aspect of the residential lending business. For more information, visit the company’s website at www.valuenetweb.com.