HMFacts now available in the TOTAL Store

This is a guest post from Michela Di Carlo, the President and CEO of HMFacts, a cost approach report provider powered by Bluebook International. You can find HMFacts in the TOTAL Store here.

HMFacts is pleased to announce its Cost Approach Solution integration with a la mode's TOTAL and WinTOTAL programs for use in forms 1004 UAD, 1004, 2055 UAD, and 2055. Appraisers can access HMFacts from TOTAL or WinTOTAL's respective dashboards or from within a report.

Our cost approach solution provides "on demand" data for residential cost reports to be included in the Cost Approach section of the forms referenced above. For more accurate physical depreciation, the solution is based on normal useful life of each individual attribute and not straight line.

All our pricing data is powered by Bluebook International. This data, compiled from over five decades, includes nationally researched labor rates, material and equipment costs, actual loss repairs, related contractor bids, and insurance claim audits.

HMFacts’ Cost Approach Solution is extremely user-friendly and imports all pertinent information from your report directly into the product for your convenience. After the cost approach data is imported into your form, an additional and itemized HMFacts’ report will be imported to your Workfile. This gives the lender/client adequate information to see how you reached your conclusion and even replicate your calculations to check themselves.

HMFacts believes that meaningful output requires accurate input and we are proud to provide you tried, true, and extensively tested data as well as a product that is simple and expedient to use. Click here to check out HMFacts in the TOTAL Store.