Main Office
216 Hickory Gln
Madison, MS 39110-7606
Telephone
(601) 405-1802
Website
Description
Vizaline converts written property descriptions into pictures using satellite images to help determine if a legal property description is correct. The visualization tool, or "Viza-Audit," provides a rapid and inexpensive report to help lenders better understand their assets and protect portfolios and customers by making better decisions on the front end. Turnaround time is generally 48 hours. The legal property description is the foundation to the loan, and errors create troublesome risk exposure. Issues delay foreclosures, reduce market value of properties and expose properties to weather and vandalism. Vizaline has conducted more than 25,000 case audits for nearly 40 banks across six states. Banks range in size from $100M-$6B in assets. Incredibly, although maybe not surprisingly, audit results revealed that 15% of legal descriptions tested by Viza-Audit contained mistakes. Visa-Audit lets a banker know quickly if there is an issue requiring an attorney or a survey. Most significantly, Vizaline has not had a bank leave the program after they joined. THINK ABOUT YOUR CUSTOMER-IF WE DO NOT KNOW WHAT IT SAYS, THEY CERTAINLY DON’T AND IT WILL COST THEM SIGNIFICANTLY IN THE FUTURE.