Learn about the politically popular foreclosure management system that saves time and money.
Improved Workflow Process
Saving time and money
Makes the process of ordering and getting appraisals a breeze.
Your staffs’ time is so valuable. There is no doubt it is best spent on high value law enforcement activities. Certainly not juggling requests and paperwork related to real estate.
Tinstar makes managing the foreclosure appraisal process as simple as: login, upload, download, done!
Faster, More Accurate Appraisals
Tinstar accesses multiple, rich data sources to determine the estimated property value. Using site-specific information collected at the time of property ‘view’, advanced mathematical models work to deliver an estimated value along with confidence levels and forecasted standard deviations. Using machine learning Tinstars algorithm learns from itself.
Documents & Archives
Tinstar makes managing the foreclosure appraisal process as simple as: login, upload, download, done! Because it is delivered as ‘software as a service’ (SaaS), Tinstar can be securely accessed from any device connected to the Internet. Paperwork is greatly reduced. Reports can be standardized and easily customized. And everything is delivered in Adobe© PDF format that allows easy digital signing if desired.
Saving time and money
Your staffs’ time is so valuable.
There is no doubt it is best spent on high value law enforcement activities. Certainly not juggling requests and paperwork related to real estate.
The Oklahoma legislature passed SB 346 April 6, 2019. The law, which revised the former foreclosure appraisal process to allow Oklahoma Sheriff’s to use a system such as Tinstar, passed with overwhelming support. The Senate and House approved the bill by a vote of 42-3 and 90-3, respectively.
The laws went into effect November 1, 2019.
Low cost – High efficiency
Because Tinstar automates many steps in the process, it is able to dramatically lower the cost per appraisal. Since the ultimate cost is borne by the person whose house is foreclosed upon through what is called ‘deficiency’ judgment, getting the appraised value most cost effectively is the right thing to do.