ValuFinders Inc., a valuation services provider to national lenders and government agencies, says it has reached several milestones during the first half of 2008, including increasing the number of appraisers in its national network, expanding into the broker market and enhancing its Appraisal CONCIERGE system.
The company has processed more than 110,000 real estate owned (REO) inspections since 2004 for the Department of Housing and Urban Development, along with providing a Web-based system it created to help the government agency manage its REO inventory. ValuFinders expects to keep pace with the influx of REO inventories with new technological enhancements.
ValuFinders adds that it has become one of the largest networks of appraisers in the country, growing to more than 9,000 members. The network is available through ValuFinders' Appraisal CONCIERGE, which allows lenders or originators to order and receive appraisals.
The company has also expanded its services into the broker market – adding approximately 1,000 brokers to its network. ‘Extending our services to brokers opens a direct link to preventing the appearance of coercion in the appraisal process,’ notes Joe Williams, CEO of ValuFinders. ‘Brokers can now concentrate on getting new business with a streamlined appraisal ordering process via Appraisal CONCIERGE.’
Source: ValuFinders
