Skip to main content

IVS releases automated inspection form for distressed properties

NationalMortgageProfessional.com
Aug 03, 2010

Infinity Valuation Services (IVS), a full-service valuation company for distressed properties, has announced that it now provides a fully-automated property inspection form to support its services. IVS works with thousands of real estate agents across the country to provide interior and exterior broker price opinions (BPOs), appraisals and property inspections. As an integrated component of IVS’s BPO system, the new form now enables the company to tailor the inspection report information to better meet the needs of clients. “As an expert in the distressed property industry, we have created an automated form that is designed to address the specific questions and concerns of organizations regarding their distressed assets,” said Chris West, president and chief executive officer of IVS. “The form enables IVS to add components to the inspection to address specific concerns our clients have about their respective portfolios or pool of assets. Once the property has been inspected, agents can easily enter the information and upload the corresponding photos for immediate delivery to our clients.” The automated inspection form provides the answers to a series of questions about the property including: ►Details about the current condition (interior and/or exterior) ►The need for repairs or maintenance ►The occupancy status ►Listing detail and nearest comparables ►Code violations (potential or confirmed) The form can be used to check on listing agents to ensure they are maintaining properties for maximum buyer attention at a fraction of the cost of sending staff on inspections. In addition, a bank or financial institution can use the form to check on the quality of the agents used to manage their real estate-owned (REO) properties. A loan servicer can use the form to check on the condition of a property immediately prior to a foreclosure sale or after a natural disaster and traders can use the form to ensure bulk sale properties are in saleable condition right before finalizing a bid. “Our mission is to provide indispensable services that enable our clients to make critical valuation decisions,” said West. “We accomplish this by taking the time to ensure that we understand the goals of our clients and communicate that information to our agents. The introduction of an automated property inspection form is our latest effort to advance that mission.” For more information, visit www.ivsbpo.com.
Published
Aug 03, 2010
KBRA Assigns Preliminary Ratings To SEMT 2021-6

Pool Of 497 First-Lien Loans Combined Have A Principal Balance Of Nearly $449M

Industry News
Sep 16, 2021
Fugo Appoints Bahlman As VP, Client Relations & Sales

Brings 19 Years of Experience To Texas-Based Back-Office Support Company

Industry News
Sep 16, 2021
Envoy Mortgage Expands To Atlanta

Envoy Mortgage lender expanded its Southeast operations to Atlanta, GA.

Industry News
Sep 15, 2021
FHFA Suspends Controversial PSPA Amendments

Today, the FHFA will be suspending controversial provisions added to the Preferred Stock Purchase Agreement (PSPA) on January 14, 2021.

Industry News
Sep 15, 2021
Covius Holdings To Acquire Nationwide Title Clearing

All 670 NTC Employees, Including Senior Management, Will Join Covius

Industry News
Sep 14, 2021
MBA Appoints AVP Of Diversity, Equity, & Inclusion

Promotes Amber Lawrence From Position As Associate Director Of Career Development Programs

Industry News
Sep 14, 2021