Home >> News >> Data >> MountainSeed Debuts New Commercial Valuation Tool
Print This Post Print This Post

MountainSeed Debuts New Commercial Valuation Tool

""MountainSeed Appraisal Management, LLC"":www.mountainseed.com/, is targeting the commercial market with the launch of a new evaluation program. According to MountainSeed, the tool will make it easier for appraisers to extend commercial valuations to smaller lenders.

[IMAGE]

""Because we work so closely with the appraisal community we always scratched our head at why appraisers, who were most qualified to do an evaluation, were not getting these assignments,"" said Carl Streck, CEO of MountainSeed.

[COLUMN_BREAK]

""Over the past few months we have worked with the lending and appraisal communities to resolve the communication breakdown and develop a program to offer evaluation assignments to appraisers,"" added Streck.

The new program will debut on July 12, when MountainSeed presents an hour-long webinar on the basics of commercial evaluations. MountainSeed hopes that the initiative will help banks ""draw on the deep expertise of the appraisal community"" by educating appraisers and lenders on appraisal formatted evaluations.

Concluding his statements, Streck noted, ""The beauty of our new product is it exemplifies our continuing commitment to the appraiser community by finding ways to get them work that they didn't have before.

""It also gives our clients the ability to order an evaluation in markets like Pennsylvania, South Carolina, Michigan, Florida, Connecticut and others where state-law licensing issues may prevent or make it difficult for unlicensed persons to perform them,"" Streck finished.

About Author: Abby Gregory

x

Check Also

Survey: Homeownership Remains Elusive for Baby Boomer Renters

A recent look into housing affordability by NeighborWorks America has found that three in five long-term baby boomer renters feel homeownership remains unattainable.