Streamline the home-buying journey with property data-based appraisal waivers. By leveraging Uniform Property Data (UPD) reports, lenders can quickly access comprehensive property information, including precise measurements, high-resolution photos, and even immersive 3D virtual tours. This streamlined process saves time and money for both buyers and sellers while mitigating risk for lenders.
Only data collection is required, eliminating the need for valuation or risking further price negotiations.
No risk of future buybacks, ensuring greater security for lenders.
Average 2-3 day turn times.
Reduces the opportunity for bias, prompting fair and impartial property valuations.
Reduce revisions and enhances quality control (QC)
Includes a Class Valuation Property Data Advantage report, which features:
Loan application is submitted to Desktop Underwriter (DU) or Loan Product Advisor (LPA)
The loan is assessed for eligible for an Inspection Based Waiver.
A detailed Property Data Advantage report is created, including additional property images required by the GSEs.
Inspection-Based Appraisal Waivers represent a significant advancement in property valuation, combining technology and data for a reliable, efficient, and fair appraisal process. Use the form below to request a demo.
Visually capturing the details of a property has never been easier than with INvision Capture®. This easy-to-use mobile app pairs with imaging technology that makes it possible for property data collectors to collect property imaging down to the smallest details – both inside and out.
Get full, true-to-life perspective through interactive tours of the entire property. Zoom in for a closer look at the details, or zoom out for the bigger picture.
Expect the most precise measurements for the most precise valuations.
Leverage advanced digital replicas of the property to speed transactions while ensuring accuracy.
For any concerns regarding an Appraiser Independence issue please reach out to us via email at air@classvaluation.com or give us a call at 248.955.9506.
For any concerns regarding an Property Data Collector Independence issue please reach out to us via email at pdcir@classvaluation.com or give us a call at 248.509.0231.
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