New Home Market-Suggested Retail Value (MSRV)
Datacomp offers an industry leading new home valuation product intended to comply with CFPB 12.CFR-1026.35 relating to Higher-Priced Mortgage Loans (HPML).
Accurate Market-Based Valuations for New Home Transactions
The Datacomp MSRV, or Market Suggested Retail Value, is a valuation report intended to fulfill the HPML valuation requirements for new manufactured homes. Based on our trusted platform for accurate valuations, the MSRV establishes an independent, local retail value for a new home based on actual market sales.
Our MSRV product uses a market approach based on comparable, new home sales transactions. Consistent retail values are provided through automated decision-support tools and are appraiser-reviewed for accuracy and reliability.
Datacomp’s MSRV product is easy to use, easy to order and is delivered quickly.
Pre-Sale MSRV for Manufactured Housing Retailers
Many retailers display a pre-sale MSRV in the home to show value to the customer. Also, it gives buyers confidence in the selling price of the home. The report provides insight to the value the buyer will receive from the lender. Finally, it introduces the concept of a valuation to the buyer, so there are no surprises down the line.
The Datacomp MSRV is intended to fulfill the most up-to-date home valuation requirements for consumer finance on new manufactured homes (12.CFR 1026.35). So lenders can be assured with their order that what they receive will be the most reliable product available.
Datacomp has developed the MSRV Pre-Sale certificate as a tool to help manufactured home retailers sell more homes. A complete MSRV displayed in your home gives the buyers that added assurance needed to make a final, firm purchasing decision.
If you need a value for a pre-owned or older home, you will want to order our market-based or book appraisal products. The MSRV product is specifically designed for homes built within the prior two years that have never been occupied.
View our market-based and book appraisal products.
Simply go to the web page by clicking the button below, and click the link for our MSRV product. From this same page, all products you’ve purchased can be tracked for verification and reporting.