Coester Appraisal Group Launches ValueSafe

Posted by Orb Staff on May 25, 2010 No Comments
Categories : Residential Mortgage

r Appraisal Group, a nationwide appraisal management company, has launched ValueSafe, a new pricing program that enables residential mortgage lenders to add a full appraisal to a previously ordered desk appraisal, with all original fees paid being credited toward the full appraisal price. ValueSafe, which is currently available to Coester Appraisal Group's customers, offers lenders and servicers a cost-protected way to take the first step in determining whether a full appraisal will be necessary on a given transaction, the company says. ‘Many lenders and servicers recognize desktop appraisals as a reliable, cost-effective alternative to a full traditional appraisal,’ says Brian Coester, CEO of Coester Appraisal Group. ‘The issue arises when a full appraisal is needed on that same subject property, after a desktop appraisal has been completed.’ With ValueSafe, lenders and servicers can order and receive a desktop appraisal report, then decide to upgrade that valuation into a full appraisal. SOURCE: [link=http://www.coesterappraisals.com]Coester Appraisal Group

Register here to receive our Latest Headlines email newsletter




Leave a Comment