Reasons to use ValueNet
ValueNet appraisals include extensive research of the subject property, comparable selection from local data sources including MLS and the actual valuation of the property.
ValueNet can be used when AVMs cannot produce a value or the risks involved in the loan require an appraiser be involved in the process.
ValueNet’s appraisal process and report form is compliant with Uniform Standards of Professional Appraisal Practice.
ValueNet includes
Market value of the subject property
Neighborhood characteristics and property comments
Satellite view of the subject property
Housing trends
Property characteristics (lot size, rooms, baths, age, sq. ft., etc.)
At least 3 sales comps with map
Appraiser’s electronic signature
48 hour turnaround time in metropolitan areas
ValueNet Plus
ValueNet plus is our ValueNet product plus:
An exterior inspection of the home and neighborhood
Multiple photos of the home and neighborhood
Turnaround time 4-6 business days
ValueNet Plus EX
Designed for REO and Loss Mitigation
ValueNet Plus EX includes:
Appraiser analysis and valuation (rather than a real estate agent for Broker Price Opinion)
Appraiser training on proper valuation of distressed real estate
More information than a Broker Price Opinion
Turnaround time 4-6 business days