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 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
VeroFORECAST Projects Home Value Appreciation of 2.2% Over the Next 12 Months, Pushing Buyers to Chase Affordability
Veros Real Estate Solutions releases the Q3 2023 VeroFORECAST report which anticipates that home prices are expected to increase on average 2.2% over the next 12 months, compared to last quarter’s forecast of 1.7% increase, indicative of a steady market.
Should you lock in a mortgage rate before the next Fed meeting? Here’s what experts think.
Read the latest CBS News article titled “Should you lock in a mortgage rate before the next Fed meeting? Here’s what experts think,” where Eric Fox, Veros Real Estate Solutions Chief Economist and Senior Vice President of Analytics, addresses the strong possibility of additional interest rate increases and whether homebuyers should consider securing their rates in now.
The Federal Reserve’s Interest Rate Policy
The RiskWire Webcast series episode #2 examines the impact of employers on housing demand, providing insight into the intricate connection between employment opportunities and the housing market.
