Valuation Management
As the Indian economy grows the market for real estate and mortgage loans become bigger, more complex and mature. Proper property valuation is important in capturing opportunities and mitigating risk for lenders and investors.
The quality of valuation service provided is highly dependent on:
- Competency and experience of the valuer
- Adherence to rigorous process of information gathering and application of appropriate methodologies
- Use of technology to efficiently deliver valuation jobs.
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CoreLogic offers a world class pay-per-use technology platform that:
- Guides the application of appropriate process and methodology of valuation
- Automates the creation and fulfillment of the valuation job and routing banks meet their property valuation needs across branches by managing scattered external valuer panels while administering the appropriate valuation policies.
In the US, CoreLogic provides outsourced valuation services for leading banks and real estate participants through a managed panel of over 13,000 independent valuers. The Indian version is customized for local valuation practices and standards and the needs of Indian banks and lenders and valuer best practices.