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AVM's, or instant
appraisals through CASA are the same AVM solutions chosen by 20 of the
nations leading banks to deliver fast, statistically accurate home
valuations.
An AVM, or Automated Valuation Model is a computer
generated residential property appraisal report. Created instantly, an
AVM report is accepted by most lenders in lieu of a physical appraisal
for second mortgages and HELOCs. AVM's can significantly reduce
the time it takes to obtain an estimate of value and reduce the costs
associated with the traditional property appraisal process.
View
A Sample AVM
You can obtain an AVM on most any property
located in the US by completing and faxing the AVM Request Form.
Orders are processed and returned via email within 4 business hours of
request. In the rare instance that insufficient data exists on the
subject property for the creation of an AVM, there is no charge.
For more information on AVM's, or any product
or service offered by Credit Technologies, please contact us toll-free
at 800.445.4922
CASA provides AVM services to eight of the nation's top ten banks,
delivering fast, statistically accurate home valuations. These
leading institutions, and many others, trust CASA for applications that
include appraisal substitution, collateral scoring, customer retention,
appraisal QC, direct marketing, collections and loss mitigation,
portfolio due diligence and more.
CASA leverages a very large, meticulously filtered property records
database and multiple, market-specific analytic approaches to estimate
current market values for individual residential properties.
While the algorithms that comprise this unique system use several
inputs that an appraiser does - for example, comparable sales, home
characteristics and time adjustments - CASA does not emulate the
traditional appraisal process. Rather, CASA is engineered and
continuously calibrated to be the optimal, fully-automated property
valuation solution for meeting lenders' rapidly evolving needs.
Unlike most AVMs, the CASA system calculates property value estimates
in real-time. This processing technique - which still renders CASA value
estimates in seconds - serves to further enhance the accuracy, hit rate
and safety of the service for our lender customers.
View
a sample CASA Report
Geographic
Coverage Collateral
Scores
For more information, or to access AVM through your Credit Technologies account, simply
call 800.445.4922 - it takes only seconds to activate your
account. |