FRASER, Mich., Nov. 9, 2013 (GLOBE NEWSWIRE) -- zipLogix, creators of zipForm®, announces a partnership with mortgage technology company FNC, Inc. This relationship will give real estate professionals access to data that enable them to make valuations with increased accuracy. FNC's Easy Price OpinionTM (EPO) makes this all possible with the most comprehensive database of property information available.
Easy Price OpinionTM is the web-based, interactive product that gives users the tools and information needed to generate a price opinion for a subject property based on the value of selected comparable properties – is available to real estate professionals that utilize zipForm® Plus, enabling them to return valuations with speed and confidence as a monthly subscription.
"Now, more than ever, lenders and servicers are requesting BPOs to help understand the value of their REO properties," said Walt McDonald, Chairman of the Board for zipLogix. "FNC technology gives real estate professionals the resource they need to provide the most accurate valuation possible."
Easy Price Opinion presents valuations based on information in FNC's National Collateral Database™ (NCD)—a robust blend of public record information and appraisal data that produces the most thorough, most up-to-date resource of property data available. Additionally, Easy Price Opinion lets users view extensive property details about the subject and comparable properties.
"The NCD contains 102 million residential appraisals along with public record data to create the most comprehensive resource of its kind," according to FNC Chief of Data & Analytics Robert Dorsey. "Real estate professionals can leverage that data for their own marketing, prospecting, and preparing CMAs."
FNC solutions enable real estate professionals to gain access to the same valuation methodology – appraisal information – used by the nation's major lenders and servicers.
"FNC can help agents identify all distressed sales near a subject property, assess the value of the subject property itself and its neighborhood, and evaluate market trends at the zip-code level and deeper," Dorsey said. "We believe real estate professionals will find great value in this product and we are excited about the opportunity this partnership with zipLogix provides."
About FNC, Inc.
Since 1999, FNC has revolutionized real estate information technology by automating appraisal ordering, tracking, documentation and review for lender and servicer compliance with government regulations. FNC's platforms provide value to large and small lenders with reduced costs and more efficient loan processing. With collateral management platforms, data and analytics, FNC provides advanced insight into the property backing a loan from origination to capital markets. Visit FNC online at http://www.fncinc.com/">www.fncinc.com or on our blog at www.collateralvision.com.
About zipLogix
The zipLogix family of tech-savvy products are the recognized industry standard for electronic real estate forms and transaction management systems. zipLogix products are currently offered to more than 884,000 real estate professionals, more than any other real estate software program. zipLogix also offers relay®, the web-based transaction management system. zipLogix provides transaction solutions to real estate professionals that enhance the value of services they deliver to their clients while improving productivity and efficiency. For more information about zipLogix please visit: www.zipLogix.com