Datacomp MSRV (Market-Suggested Retail Value) can be easily ordered through the company website in a matter of minutes with a standard turnaround on a valuation order of 24 business hours. The Lender Final Sale Certificate provides an estimated value of an MH that complies with the new HPML appraisal regulations. The Retailer Pre-Sale Certificate is intended to assist the prospective consumer in understanding the market value of an MH.
Dan Rinzema, Datacomp’s president and CEO, said, “Retailers and community owners are concerned about the valuation that the lender must now provide to the buyer three days prior to closing under the new appraisal regulations. They told us that they wanted an opportunity to be able to reinforce the value of today’s manufactured home to the consumer early on in the sales process.”
Referring to compliance with the HPML appraisal rules for new manufactured homes, Rinzema said, “The only thing you can do with a basket full of lemons is to make lemonade, that’s exactly what we’ve done.”
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(Image credit: Datacomp)
