52
CLEAR CAPITAL
ANNOUNCES
DESKTOP APPRAISAL
SOLUTIONS
Clear CapitalĀ®, a national real estate
valuation technology company, has announced
the launch of Desktop Appraisal and Desktop
Data Collection, two products designed to
further modernize and increase certainty in the
appraisal process.
Clear Capital is now offering Desktop
Appraisal, a GSE-compliant 1004
Desktop/70D residential appraisal that quickly
delivers a reliable opinion of value with price
certainty. Additionally, the company announced
Desktop Data Collection, a certified,
background checked data collector-enabled
property data gathering service designed to
capture information, photos, and generate
high-fidelity floor plans with interior walls and
ANSI-aligned digital gross living area (GLA)
to help appraisers complete a desktop appraisal
with confidence.
"e recent additions of desktop appraisals
to Fannie Mae and Freddie Mac's selling guides
were an important milestone for our industry,
as the desktop option can help deliver more
timely appraisals while mitigating appraiser
capacity restraints and helping to standardize
property data collection," said Duane Andrews,
CEO of Clear Capital. "rough our Desktop
Appraisal solution, seasoned appraisers can
deliver an opinion of value up to 50% faster
than a traditional appraisal, meaning mortgage
lenders can confidently close loans faster for
their customers."
Andrews said the cost and risk performance
of appraisals conducted through Clear Capital's
Desktop Appraisal product is consistent with
traditional appraisals. Standard pricing without
any fee escalation means the appraisal costs are
always clear upfront.
With Clear Capital's Desktop Appraisal
product, a certified data collector completes
a Desktop Data Collection report to provide
property information and photos that fill the
gaps in public sources, enabling the appraiser to
complete a desktop appraisal.
Industry Updates
From mergers and acquisitions to cutting-edge
tech tools and solutions, here's the company news
the industry is talking about this month.