NADAguides.com, the largest publisher of the most market-reflective values, retail pricing and information available for manufactured homes, announces a new pay-per-report version of its existing New Manufactured Home Price Tool, which is a multi-report package. Both products have been developed to help users comply with the recently enacted Higher-Priced Mortgage Loans (HPML) Appraisal Rule that went into effect on July 18, 2015. The new pay-per-report version (officially known as the NADAguides New Manufactured Home Price Report) offers smaller regional and local lenders an economical option for generating individual one-off price reports.
As an option for compliance, the HPML Appraisal Rule requires that lenders provide their borrowers with an independent third party evaluation on all loans that meet certain criteria. The NADAguides New Manufactured Home Price Report meets all of the requirements of this new regulation, and it provides the information in a format that can easily be generated and printed at any time from any web-enabled device. At just $35 per price report, this new version is a cost effective solution for smaller lenders who may only occasionally provide financing for manufactured homes. For higher-volume users looking to take advantage of a volume discount, price reports can be purchased within the online store, starting with a package of 10 for $300 ($30/price report) and up to a package of 500 for $8,500 ($17/price report).
The new pay-per-report version also offers consumers a cost effective tool to ensure that they have the most up-to-date retail pricing information for a home they are considering purchasing before they ever set foot on a retailer’s lot. Insurance adjusters and appraisers will also find that the pay-per-report version is a great resource to rely upon when assisting their manufactured home customers.
The NADAguides New Manufactured Home Price Reports can be ordered online at https://www.nadaguides.com/Manufactured-Homes/New-Home-Price-Reports/Online
For a complete list of the volume discounted multi-report packages, or to place an order for 10 or more price reports, please visit http://www.nadaguidesstore.com/Store/nadaguides-new-manufactured-home-price-tool
Key Quotes
Eric Westermeyer, NADAguides.com Managing Editor:
"The NADAguides New Manufactured Home Price Tool, and now its pay-per-report counterpart, are the only products on the market offering lenders, consumers and other industry-related businesses a cost effective tool that meets the HPML Appraisal Rule requirements, and helps them make informed decisions. We continue to be the industry leader in mobile, modular and manufactured home values, retail pricing and information."
About National Appraisal Guides, Inc. and NADAguides.com
NADAguides.com is the largest publisher of the most market-reflective vehicle pricing and information available for new and used cars, classic cars, motorcycles, boats, RVs, and manufactured homes. NADAguides.com offers in-depth shopping and research tools including, a broad range of data, products and services. National Appraisal Guides also produces software, mobile applications, raw data, web services, web-syndicated products and print guidebooks. National Appraisal Guides, Inc. is a strategic ally of J.D. Power and Associates.
Contact Information
For more information, media requests or interviews, please contact:
Tracy Segal, [email protected], 626.665.9141
