News & Events
New Enhancements to Traditional Appraisal Products!
Appraisal Sciences has just released two critical improvements to our comprehensive suite of valuation products--Appraisal DNA and 360 Valuations. Both products now come standard with many of the optional add-ons like additional comparables and full satellite imagery at no extra charge to our contract clients. Now more than ever lenders and investors alike need the extra protection found in high quality collateral valuation products.
With so many markets posing severe risks of depreciation nationally, a more comprehensive approach to managing appraisal risk has become absolutely necessary--and downright critical--to the survival of America's lending institutions. That's why Appraisal Sciences has chosen to include previously optional report enhancements as standard in all our valuation assignments. With so much on the line, you cannot afford to risk results that are just "average". Appraisal DNA and 360 Valuations take traditional appraisal reporting to that next level and will protect your firm from unnecessary valuation risk.
Appraisal DNA: Appraisal Reviews (Field and Desk)
Our clients can be confident that we've protected them against fraud and minimized their exposure to inflated valuations. Standard report enhancements include satellite imagery, robust current market analysis, and additional comparables to help add even more confidence to your loan funding decisions.
360 Valuations: Full Appraisals
By taking a full, 360-degree view of the valuation process, we head off loan funding challenges before they become issues for our clients. Our comprehensive approach saves our clients from costly delays and unnecessary expenses when it comes to underwriting review, simply by doing a complete job the very first time. Our detailed analysis of local and regional real estate markets will protect you from potentially costly investments in declining markets or those markets that are clearly "In-transition".
05.06.08 MBA Secondary Market Conference, Boston, MA
Appraisal Sciences visited historic Boston, Massachusetts for the 2008 Mortgage Bankers Association, Annual Secondary Conference. Keynote speakers included U.S. Rep. Barney Frank, Chairman of the U.S. House Committee on Financial Services, and CNBC Host Ron Insanna. Meetings with the Sr. Director of OFHEO and representatives from both Fannie Mae and Freddie Mac were very productive while advocating against the rush to over-regulate the appraisal industry in favor of politically expedient policies that consumers will bear the costs of. Stay tuned for more...
05.02.08 Pacific Northwest Coverage Completed!
Appraisal Sciences has reached our goal of Covering All Western States in the contiguous United States! With the addition of both Oregon and Washington, Appraisal Sciences has now expanded our geographic footprint to over 10 states west of the Mississippi! We are very pleased to have a solid presence now for both field and desk appraisal work anywhere along the West Coast in such a short amount of time.
04.30.08 FHA Certified Review Appraisers
Appraisal Sciences is now a fully Certified FHA Appraisal Review firm. The recent certification is seen as an ever-evolving process in which our services and offerings adapt to meet the needs of our lender clients.
03.24.08 Aloha!
Appraisal Sciences expands coverage into Hawaii with it's full suite of Appraisal Review products now covering the beautiful state of Hawaii. After several recent requests by our lender clients, we now are able to fully service their collateral valuation needs with the same high level of service they are used to in the contiguous United States.
01.18.2008 Growing the Inland Empire!
On Friday January 18th, 2008, Appraisal Sciences added even more resources to our coverage in the expansive Inland Empire region of California. The coverage expansion now allows our appraisers to reach as far east as Palm Springs, CA at local coverage rates and turn times--Saving you hundreds of dollars in trip fees and delivery delays.
01.15.2008 Vegas Baby!
Appraisal Sciences expanded coverage into the Las Vegas real estate market for our clients. The past several years have witnessed unprecedented price appreciation and growth in the desert oasis, but recently that trend has reversed itself almost completely. As one of the most critical markets for regional lenders in the West, our enhanced coverage will enable Appraisal Sciences to deliver our products faster than ever.
STAY TUNED FOR MORE EXPANSION BY THE END OF THE SECOND QUARTER OF 2008!
