The main users of Cloud Appraisal Technologies (CAT) software are Banks, Mortgage Banks, Credit Unions, Appraisal companies and Mortgage Outsourcing companies. The software allows user to add unlimited customers within your license and the terms are flexible for firms of every size. Your own administrator controls all the permissions for your unlimited users.
What does this software do?
CAT software makes it easy to produce quality desk review reports of your original appraisals. The software guides you through a series of questions which were modeled after the appraisal questionnaire in the FannieMae guidelines. The checklist contains 12 categories and many pre-set questions in each category with comment boxes for negative answers. All these questions and answers are easily customizable by the user. A red flag attachment is provided to highlight serious findings which are identified in the review. Each of the categories and questions may be changed, (customized) to suit the user. New categories and questions may be added or substituted by the user.
A five page appraisal report is created automatically and can be transmitted directly through the software to its intended destination. Summary reports are also easily available.
This user-friendly software will automatically customize all reports with you own logo and letterhead, and will save all your reviews and reports indefinitely. A customer level billing module is included to speed your customer invoices, eliminating the need for an accounting department. All reports and invoices can be transmitted directly through the CAT Software.