In today’s market, the combination of an inspection with a desktop appraisal has been enthusiastically received by clients and regulators alike.
Increased regulatory oversight and credit risk policies have put restrictions on the use of non-appraisal valuations. A product was needed to fill the gap between an AVM or BPO and a Field Appraisal. Enter SVI’s Appraisal Desktop with Inspection (ADI).
SVI’s ADI, a bifurcated appraisal solution, is a timely and affordable limited scope home appraisal that is completed by a state credentialed appraiser in adherence with USPAP and FIRREA; perfect for instances where a full appraisal is not required.
The availability of SVI’s Integrated Market Data (IMD) within the ADI form puts all relative market data at the appraiser’s fingertips, eliminates rekeying of data and provides more robust market analysis and data validation. The result, faster turn times, improved accuracy and stronger supporting data.
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