Accurate Group, a provider of technology-driven real estate appraisal, title data, analytics and e-closing solutions, today announced the next-gen release of its market-leading mobile app for property inspections. The GroundWorks app is the first of its kind in the industry, combining a crowdsourcing model, localized expertise and mobile technology to accelerate the delivery of more accurate interior and exterior property condition reports.
The application connects Accurate Group’s nationwide network of pre-screened real estate property inspectors with lenders and servicers requesting property inspections. The app empowers inspectors with the ability to review, accept and respond to requests for property condition reports from any iOS or Android mobile device. Property inspectors in the GroundWorks network benefit from more business and a robust set of mobile tools for creating and delivering accurate property condition reports.
Banks, mortgage lenders, loan servicers and credit unions benefit from faster turnaround on property inspection requests, plus the increased accuracy and insight that only a local, on-the-ground property inspector can deliver.
The app enables local property inspectors to respond to incoming requests for property condition reports, use built-in GPS technology to pinpoint property location and leverage integrated camera support and sketch tools to capture property details. The app also allows inspectors to instantly capture relevant property specifications – essentially building the property condition report in real-time, all with the GroundWorks app. This ensures timely, accurate details are captured and delivered.
“Real estate lenders and servicers are always looking for ways to lower the cost per loan without sacrificing quality, accuracy and compliance. Accurate Group is leading the industry by applying the latest technologies – mobile, crowdsourcing, automation – to accelerate and improve appraisal management and valuation processes,” stated Scott Waxman, chief appraiser and president of Accurate Group’s ValueNet and GroundWorks divisions. “GroundWorks is changing the game in the real estate industry – we’re raising the bar on both interior and exterior property inspection turnaround times and delivering the level of accuracy that only local, on-the-ground expertise can deliver.”