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Pro-Teck Valuation Services Integrates with Microsoft Virtual Earth

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Old 03-20-2007
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Pro-Teck Valuation Services Integrates with Microsoft Virtual Earth

Pro-Teck Valuation Services Integrates with Microsoft Virtual Earth

WALTHAM, Mass., March 20 -- Pro-Teck Valuation Services, a provider of real estate collateral valuation and risk management solutions, has integrated with the Microsoft Virtual Earth platform. The integration enhances Pro-Teck's quality assurance and end products with aerial and satellite imagery of properties and neighborhoods across the USA.

Key benefits to the integration include 'fly over' aerial and satellite imagery that validates subject property location and identity as well as comparable sale and neighborhood views. Pro-Teck's valuation services are already integrated with Microsoft's MapPoint for subject property address verification, comparable distance verification, relational mapping of properties and comparables. The addition of the Virtual Earth imagery further enhances the quality and detail of information provided in Pro-Teck's valuation products.

Mapping and imagery is a key element of the final report deliverable and is also directly integrated into the quality assurance process throughout the range of products offered by Pro-Teck (AVM, Fraud Modeling, Inspection, Broker Price Opinion, Appraisal, Reconciliation and Tie-Out).

President Tom O'Grady describes the integration as an essential aspect to quality and report effectiveness: "The mapping and imagery capabilities are delivered directly to the quality assurance desk-top and are used throughout the quality control process. Knowing without question that the report was completed on the right property and comparables are appropriate, is an essential step in delivering a valuation service and validated data that our clients can use with confidence in their decision making process."

"We are pleased that Pro-Teck has decided to integrate the Virtual Earth platform into its online offering," said Erik Jorgensen, general manager of the Virtual Earth and Live Search Maps Business Unit at Microsoft Corp. "With Virtual Earth's bird's-eye and satellite imagery capabilities, Pro-Teck will be able to provide its customers with an incredibly powerful and easy to use mapping tool."

Pro-Teck is a national provider of real estate data and valuations. Through a focus on customer service and technology we deliver customized collateral risk management solutions for funding, servicing, portfolio management and secondary market requirements.
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