Automate Property Valuation Speeds Up Decision Making
Accurate property valuation is the cornerstone of prudent loss mitigation process. Our comprehensive suite of valuation services helps you speed up decision making and close more loans. We provide several automated valuation models and a variety of alternative appraisal products. Because we use multiple data sources and national vendor networks, we have the ability to customize the best valuation solution available. Valuation products and servicesAutomated Valuation Models (AVM) AVMs can be generated in 30 seconds, providing you with an affordable property valuation report for refinances and equity loans where property ownership is not changing. They are also valuable for quality checks on previous valuation reports. Factors used in determining AVMs include recent sales in the subject property area, overall market conditions, conforming neighborhood, CPI (Consumer Price Index), and GNP (Gross National Product). You can cascade through the following AVM models to insure the highest delivery rate
Alternative Valuation Services Alternative valuations are transitional valuation products between the AVM and standard appraisal products. Completed by a real-estate professional or a licensed appraiser these valuations provide comparables, and additional property information such as property description and neighborhood conditions. Reports can be supplied with an interior inspection and/or photo of property exterior. Available alternative valuation services include:
|
