Automated Valuation Model

 
 

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  AVM services mortgage credit reports  
 

The Automated Valuation Model (AVM) is a computer-generated estimate of a home’s property value. An AVM combines real estate data with property characteristics to generate its value. Certified Companies AVMs provide a fast, low cost, and objective evaluation versus the
traditional appraisal. And, most industry analysts believe AVMs will become the primary tool for determining property values. Certified Companies strongly believes AVMs will eventually encompass all loan types from every lender.

A typical appraisal may take as long as two weeks to receive and is one of the major bottlenecks of mortgage lending. However, a Certified Companies AVM can be generated within a few
seconds. Except for certain areas, the AVM methodology and technical developments have lead to improved evaluation accuracy. Certified Companies has added the AVM to our suite of mortgage and commercial information services because lenders are willing to accept AVM’s in lieu of a traditional appraisal on certain types of streamlined loan products and programs.

 
  • Order from our secure website and get results in seconds
  • Low, medium & high fair market value of property will be reported
  • Reports include recent sales comparables within a half mile radius
  • Includes additional property data: sales dates, sales amounts,
    lot size, square footage, number of bedrooms, bathrooms, etc.
  • Confidence Scoring Models are available
  • Great for prequals, quality control, loss mitigation,
    portfolio valuations and marketing programs
  • 3 Automated Valuation Models from which to choose
  • Nationwide coverage
 
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