National valuation services provider, eValuation ZONE Inc., has announced the launch of their new Uniform Standards of Professional Appraisal Practice (USPAP)-compliant product eVal 1.0, a hybrid valuation report utilized for a variety of programs such as HELOCs, REOs, as well as purchases and refinances for non-agency and portfolio programs.
“We are very excited to present the eVal Hybrid 1.0, one of the first forms of its kind," said Luke Tomaszewski. "The new hybrid form is poised to revolutionize the way we approach appraisal forms. Putting forth a more forward thinking approach to appraisals geared to the client’s needs, the borrower’s pocket book, and the appraiser’s valuable time.”
The next generation in valuation forms is here, now. The eVal 1.0 assists the lender in closing more loans faster and at a lower out-of-pocket price point. This revolutionary form has everything a traditional drive-by has, combined with aspects of a typical property condition report (PCR) but has eliminated the unnecessary information into one easy to understand, up-to-date, USPAP compliant, cost efficient report.
“Global DMS is committed to supporting our clients and their innovative ideas," said Vladimir Bien-Aime, president and CEO of Global DMS. "We support forward thinking companies that address current and relative needs within today’s market. We are very proud to be working with Luke and eValuation ZONE."