Automated Valuation Solutions
Save time and money with automated valuation solutions. Given the risk level of a loan, an automated valuation model (AVM) may be the most economical choice. Our AVMs are delivered in seconds, helping you review loans faster. Combined with our other point-of-sale products, you may even be able to schedule closings at the time of application. As a result, you can help reduce fall out rates and increase conversion rates.
Access the right AVMs for your loan portfolio
Get faster, cost-effective valuations
With our robust offerings, you get a variety of valuation solutions suited for different types of loans and geographical footprints. For all valuations, we leverage sophisticated analytics and testing, cascading logic and information reporting tools for optimum valuation results.
DataQuick Collateral Market Value (CMV)
Get fast valuation information, including estimated market value, high and low estimates, a confidence score and other data. An optional map indicates the property location as well as comparable sales for more information.
Get more accurate valuations yourself by adjusting subject information or the criteria for comparable properties. Data sources include results from the DataQuick CMV, mapping capabilities, online real estate information and address confirmation.
Get the benefit of AVM logic combined with the review services of a trained real estate professional. The reviewer leverages multiple data sources and incorporates your business rules to establish a selection of comparable properties for more precise valuations.
Receive an appraisal report compliant with Uniform Standards of Professional Appraisal Practice (USPAP) regulations. The report combines AVM logic with an expert review by a local, licensed appraiser familiar with market conditions. The appraiser uses mapping capabilities, property sales data, multiple listing sources, public tax records and other data sources to locate a selection of comparable property sales. As a result, you get more precise property valuations to allow you to meet more stringent requirements in a fraction of the time compared to full appraisals.
Pre-Decision Qualifier Reports
Qualify potential borrowers before ordering a full appraisal with an instant estimated value range for a property. Further information includes recent neighborhood transaction data, sales histories, foreclosure data and data on surrounding areas.
Industry-Leading Automated Valuation Models
Get fast, cost-effective residential property valuations using multiple automated valuation models (AVMs). The models use detailed local, regional and national information to provide valuations within seconds. We work with you to develop an AVM cascade based on lending criteria that you define to be sure of the right mix of AVMs for your loan portfolio and geographic footprint. In addition to DataQuick CMV and ValueSmart, we offer the following industry-leading models:
- Collateral Analytics’ caValue
- DataQuick’s ValueSmart
- Fidelity's SiteXValue
- Fidelity's ValueSure™
- First American's Home Price Analyzer (HPA)
- First American's PASS
- First American's PowerBASE 6.0
- First American's ValuePoint4
- Fiserv's Characteristics and Sales Analysis (CASA)
- Freddie Mac's Home Value Explorer® (HVE)
- Real Info’s realAssessment
- Real Info's i-VAL™
- Vero's VeroVALUE