More than two years ago, Pro Teck Valuation Services announced the introduction of Appraisal Desktop with Inspection (ADI), a national hybrid appraisal product for HELOC, loan securitization and other instances where there’s a need for a lower cost, Interagency (IAG) compliant alternative to a traditional appraisal.
With more than twenty-thousand reports delivered to date, ADIs have become a staple in the industry. Here’s why ADI is here to stay:
- It’s compliant and accurate. ADI is completed by an in-state geo-competent, credentialed appraiser in compliance with USPAP standards. Our ADI meets all inter-agency evaluation and appraisal guidelines.
- It’s flexible. With the option to add either an exterior or interior inspection, ADI provides a high quality yet flexible alternative to traditional appraisals, with shorter turn times and lower costs.
- It’s fast. Lenders need these valuations quickly. Our ADI lead time is less than five business days.
- It’s economical. Today’s lenders need cost effective, appraiser-driven property valuations – ADI is the natural choice.
“For those searching for a valuation product that meets stringent risk and regulatory demands, Pro Teck’s ADI is an accurate, compliant and economical field appraisal alternative,” said Tom O’Grady, CEO of Pro Teck Valuation Services. “The ADI provides a quality valuation in an easy-to-read format with a turn-time of less than five business days. With tens of thousands delivered to date, I’m confident that the ADI can meet your needs when looking for a cost-effective field appraisal alternative.”
To learn more about ADI and Pro Teck’s full suite of real estate valuation products, click here to schedule a demo.