Infinity Valuation Services Expands Offerings.
WEST VALLEY CITY, Utah -- Infinity Valuation Services (IVS), a full-service valuation company for both commercial and retail properties and sister company to leading REO outsourcer Green River Capital (GRC), announced the expansion of its broker price opinions (BPOs) and appraisal services to include the valuation of retail or non-distressed properties.
IVS has built a substantial business since it was launched in 2008 by providing BPOs on distressed, pre-foreclosure and REO properties. It provides interior and exterior BPOs, appraisals and property inspections in all 50 states and tailors results to meet each client's unique business needs. In 2010, the company had a revenue increase of 36 percent from the previous year, generated by a 52 percent increase in BPO orders. Last year IVS also achieved nearly 100 percent on-time order fulfillments and 84 percent of orders fulfilled early.
"IVS was created to provide a much needed service to the industry during a period when timely and accurate BPOs are crucial," said Brent Taggart, senior vice president of Business Development and Client Relations for GRC. "By working with thousands of real estate agents nationwide, we have provided high quality, comprehensive valuations and inspections for our clients. With this firm foundation, we are in a position to expand our services to retail properties and help institutions effectively manage all of their property valuation needs."
Through this expansion, IVS will offer values for retail (non-distressed) properties, loan originations less than $250,000 as well as internal, non-lending purposes. The BPOs can also be used for valuing secondary market pools that might include both distressed and non-distressed assets and for home equity loans and home equity lines of credit.
About Infinity Valuation Services
West Valley City, Utah-based Infinity Valuation Services (IVS) is a provider of Broker Price Opinions (BPO) focused on the unique market and aspects of distressed properties, as well as non-distressed, retail properties. A sister company to leading REO outsourcer Green River Capital (GRC), IVS has access to a nationwide network of licensed real estate professionals. IVS provides interior and exterior BPOs for all 50 states and tailors results to meet clients' specific needs.
For more information, visit www.ivsbpo.com.
About Green River Capital
West Valley City, Utah-based Green River Capital (GRC) is a leading REO asset management and loss mitigation provider. The company leverages its proprietary technology and a nationwide network of attorneys, brokers, appraisers, contractors and title professionals to offer scalable and customized solutions. GRC provides REO asset management, portfolio valuation/due diligence, a short sale program and rental program management. GRC's sister companies are Green River Financial, a short sale program provider, and Infinity Valuation Services, a BPO company.
For more information, visit www.greenrivercap.com.
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|Date:||Apr 11, 2011|
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