The Virtual Appraisal & Virtual Property Inspection Services
Can home appraisals and home inspections be done virtually?
The Virtual Appraisal is our patent pending proprietary 1004/70 appraisal that leverages a video streaming inspection and sophisticated data integrations to yield a full interior, compliant appraisal to meet the demands of the fully digital mortgage.
The Virtual Appraisal & Virtual Property Inspection Services
Can home appraisals be done virtually?
The Virtual Appraisal is our patent pending proprietary 1004/70 appraisal that leverages a video streaming inspection and sophisticated data integrations to yield a full interior, compliant appraisal to meet the demands of the fully digital mortgage.
No appraiser has to visit your property.
We offer a completely virtual experience.
Appraisals in 2 days!
We offer the fastest appraisal process available.
Compliant.
We are compliant with CDC and Appraisal Regulation Guidelines.
Cost Savings.
Our virtual process saves money and is as much as 50% lower than traditional appraisals.
Virtual Appraisal Process
Order Virtual Appraisal Now
Start
Virtual Inspection Scheduled
Available Appointment Times Within 1 Hour of Appraisal Order
Virtual Inspection Conducted
45 Minutes
Compliant Appraisal Completed
Finished Within 6-8 Hours
Virtual Property Inspection and Appraisal In Action
Complies with GSE/Agency COVID-19 guidance for Desktop Appraisals | As part of a special GSE pilot for all first mortgage origination appraisals
Virtual Property Inspection
Real-time, live-streaming video, with experienced employee virtual inspectors following Interagency Guidelines. Online scheduling tool facilitates an immediate inspection initiated with a simple text sent to the homeowner/agent
Advantages of the Virtual Property Inspection
- COVID-19 (CDC Compliant) as no one enters the home
- No late or missed appointments by appraiser
- Un-biased (3rd party) interior and exterior property condition and feature description assessment
- All condition items, attributes and amenities documented
- Property characteristics verified
- Eliminates the risk of photographic fraud relating to interior inspections and property identification
- Provides homeowners/agents with a very positive customer experience
Virtual Inspection Uses…
- With an AVM or Evaluation for equity lending
- With a desktop appraisal under GSE COVID-19 flexibility guidelines
- REO property inspections
- Re-inspections of appraisals made “subject-to”
- Occupancy inspections
- PMI removal valuations
Featured News & Insights
Top reasons why the expected decline in the housing market in 2023 is not the same as the crash of 2008
Housing market forecasts for 2023 have varied predictions, with some expecting gains of around 5% to others expecting a deterioration of over 5%. What is clear is that the era of low mortgage rates, buying frenzy, and double-digit price growths is over.
The rise and fall of the Boise housing market
It was one of the fastest growing markets in 2021 and is now expected to be one of the worst performers in 2023.
Home prices in Boise, Idaho rose rapidly after the pandemic hit, climbing 38.6% y-o-y from Q2 2020 to Q2 2021.
Veros Reports That its National Housing Market Annual Forecast Goes Negative for the First Time in More Than a Decade
The Q3 2022 VeroFORECAST anticipates home prices will appreciate on average just 1.5% for the next twelve months. This is a significant drop from the 4.5% annual appreciation forecast just one quarter ago.
