PICKERING, Ontario--(BUSINESS WIRE)--MPAC and FNF Canada, a Division of Fidelity National Financial (FNF), are pleased to announce they have signed a letter of intent to reach a final agreement to provide residential property data to real estate appraisers across Ontario.
“This is a solution that makes accessing residential property data economical and efficient,” says MPAC’s Executive Director of Business Development, Lee Taylor. “Real estate appraisers have asked for a cost-effective way to leverage MPAC’s data and we are excited to offer this new platform that will meet their request.”
FNF Canada will lead the appraisal management industry by ensuring consistency and reliability of property data used in residential real estate appraisals, and as a result, maintain data integrity that industry partners have come to rely on.
“FNF Canada is pleased to be working in partnership with MPAC to deliver an innovative solution for Appraisers within the Canadian marketplace. Our new preferred pricing for square footage and detailed property reports showcases FNF`s commitment to supporting and working in partnership with the appraisal industry,” commented Brian Bell, Vice President of Product Development.
Appraisers who wish to participate in this program can take advantage of its significant cost benefits, as well as the opportunity to purchase a newly created Subject Property Detail Report. The report is designed to provide appraisers with pertinent details relating to properties they are interested in, including a three-year sales history.
A new FNF Canada/MPAC online delivery channel will provide access to the reports, and will offer the following reports to subscribers:
- Residential Square Footage Report – for as low as $2.00 (plus HST)
- Subject Property Detail Report - $20.00 (plus HST)
For more information on how you can take advantage of this opportunity, please visit: http://www.fnf.ca/propertyline
About MPAC
MPAC (mpac.ca, AboutMyProperty.ca™, propertyline.ca) is a not-for-profit corporation funded by all Ontario municipalities. MPAC is responsible for administering a uniform, province-wide property assessment system based on current values. MPAC assesses nearly five million properties with a total value of $2.2 trillion.
MPAC provides a range of services, including the preparation of annual assessment rolls for use by municipalities and the Province of Ontario to calculate property taxes and education taxes.
MPAC also delivers innovative products and value-added services to a number of sectors including banks, mortgage firms and other assessment jurisdictions across Canada.
propertyline™ is a secure e-commerce solution for obtaining accurate, real-time property information quickly and easily. With propertyline™, customers can purchase assessment, site, structural, and sales data on all types of properties across Ontario. Information is refreshed weekly to ensure customers have access to the most current property information.
About FNF Canada
With over 25 years of trusted service, FNF Canada is an innovative provider of national mortgage, appraisal and loan related services to large and small Canadian lenders. We specialize in facilitating all aspects of a mortgage transaction, including title insurance, document processing, property tax management, appraisal management and valuations services. Our exclusive end to end solution suite is unmatched in the industry, seamlessly integrating all FNF services on a single platform which provides our customers with the complete transaction life cycle.
For more information about FNF Canada, visit www.fnf.ca