NAS Introduces Insured Modified Full Appraisals
NAS extends insured appraisal product line with new Insured Modified Full Appraisal product.
Markham, ON, October 6, 2020 — Nationwide Appraisal Services (NAS), Canada’s largest SaaS platform for the appraisal industry and a leading global appraisal management company (AMC), is excited to announce that we have extended our insured appraisal product line (insured Desktop, Drive-by and AVM appraisal products) with the new addition of the Insured Modified Full Appraisal product.
The “Modified Full Appraisal” was adopted during the COVID-19 pandemic for the health and safety of both homeowners and Appraisers. A Modified Full Appraisal allows an Appraiser to complete a full appraisal with inspection limitations by engaging the homeowner through various means for interior photos and leveraging local data sources. In response, NAS developed the NAS360 Virtual Inspection Tool to streamline the process for exchanging photos and information. NAS is now offering an Insured Modified Full Appraisal product to financial institutions that are looking to further mitigate their risk.
“NAS is very quick to respond to the needs of the appraisal community through continuous communication and development of new, innovative solutions,” says Tom McCormick, President & CEO of NAS. “Now that the Modified Full Appraisal and the NAS360 Virtual Inspection Tool have been successfully vetted and accepted, adding the Insured Modified Full Appraisal product to our insured appraisal product line further demonstrates our commitment to our clients."
