SANTA CLARA, Calif. – KeyPoint CU said it has signed with AppraisalWorld to implement the company’s Collateral Valuation Report property valuation product.
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The company said Collateral Valuation Report is performed by local appraisers trained in real estate regression analysis, and is a transparent, mathematically supportable appraisal of the underlying collateral. Delivery of the report is usually within 48 hours with fees lower then the typical 1004/URAR appraisal report, resulting in a direct savings benefit to the credit union and its members.
AppraisalWorld is based in San Jose, Calif.
