Loan Servicing

REO & Distressed Loan Appraisal

Nations understands the needs of clients who order appraisals for pre-foreclosure, foreclosure, or post-foreclosure scenarios,
all the way until sale of the property as REO.

1004 – REO/Foreclosure (Listings and Repairs)

Form is designed for appraising single family residences, FHA’s, and PUD. A full internal and external inspection is completed.

1004d – Appraisal Update and/or Completion Report

A new form that replaces the 442 Final Inspections and the Update of Value form. This form is used for either purpose.

Automated Valuation Model (AVM)

Forms are statistically-based computer programs that use real estate information such as comparable sales, property characteristics, tax assessments, and price. Several enhanced versions are now available for major metropolitan areas.

Standard Interior/Exterior BPO’s

Forms standard contents based upon whether or not an Interior Inspection version was requested.

2055- Exterior Only Inspection Residential Appraisal Report

Form is designed for single-family residences or single-family residences with a guest unit. An exterior inspection only.

2070 – Condition and Marketability Report (FHLMC)

Form is used to determine the condition and marketability of the subject with no final determination of value. Interior only.