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March 28, 2008
First American eAppraiseIT Introduces Data Assist
First American eAppraiseIT is now offering Data Assist, a new valuation tool for lenders and servicers that need quick, low-cost, accurate values for credit decisions, loss mitigation, portfolio analysis and quality assurance.
Data Assist is a faster and less expensive alternative to a traditional appraisal. The standard Data Assist report verifies a property’s legal address and ownership and includes three closed sale comparables from the subject property’s market area. For a more comprehensive analysis, Data Assist with Listings offers the same information, plus three current listings that are similar to the subject property.
Posted by S. Germain at March 28, 2008 08:20 AM