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Our internal staff is comprised of highly-qualified professionals experienced in quality control. We provide lenders and loan servicers with quality traditional 1004 REO appraisals that provide all of the detailed information that is required to make the best possible decision on reconciled values and disposition strategies for non-performing single-family real estate assets. This report form is designed to report an appraisal of a one-unit property or a one-unit property with an accessory unit; including a unit in a planned unit development (PUD), based on an interior and exterior inspection of the subject property. The REO addendum is also included which provides an itemized cost of repairs as well as an "as-is" and "as-repaired" value.
Portfolio Review Products
Equity National offers multiple portfolio review products. Each is a unique auditing tool that can accurately predict quick sale values on servicing portfolios in foreclosure or those properties which are lender-owned. The program is predicting auction value with very accurate post-mortem data. Photographs and subject property data are added to the enhanced report, which transform the product into a more valuable solution than the existing BPO.