A Reliable Alternative to a Traditional Appraisal
ValPRAZESM consists of an Interagency Appraisal and Evaluation Guidelines (IAEG) and Uniform Standards of Professional Appraisal Practice (USPAP) compliant limited scope appraisal for non-GSE residential loans. The appraisal is completed in two steps, the first by a licensed real estate professional that completes a property inspection  in person or virtually, and the second by a state credentialed appraiser that provides an opinion of value from their desk.
Timely
Turn times are as short as 2 business days, including inspection, which supports timely loan decision-making.
Accurate
High accuracy and impeccable quality control results in 1-2% revision rates.
Cost Efficient
Cost efficient process provides a lower cost valuation than a traditional appraisal.
Regularly Used for Non-GSE Loan Origination
Home Equity Loans up to $400k
Non-GSE First Mortgages
Default Servicing
Flexible Inspection Options
Choose from a variety of ways that the licensed real estate professional can complete the property inspection:
- Exterior Only
- Interior/Exterior
- Virtual Exterior Only
- Virtual Interior/Exterior
Detailed, Visually Rich and Accurate Report
With a limited-scope appraisal, the appraiser combines the property inspection information and images with local comparable data, market analytics, and other key information to provide a compliant, well supported value of the subject property.
- Property details with map and photos
- Local market analytic indices and graphs
- Comparable sales and listings with maps and photos
- Comparable comments and reconciliation
- Noted observations of neighborhood, site, improvements, and market conditions
- Price, listing, and transaction history
- Comparable adjustments
- Appraiser opinion of value
A Bifurcated Process Drives Efficiency
Interested in Learning More?
Speak With Our Team
877-490-0390