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An Automated Valuation Model (AVM) is property database information combined with mathematical calculations that provides the accurate market value for nationwide residential property.
When an AVM order is filled, a report will contain the accurate market value for nationwide residential property, tax value, recent sales history, and a Google maps visualization of the property. Similar information is also provided for surrounding properties.
AVM Services provide accurate property data with minimal risk of fraud. For a minimal cost lenders can use this information to evaluate an initial loan amount.
AVM Reports usually act as a supplement to a surveyor appraisal. Using an AVM report will provide a means for comparison to ensure the accuracy of the surveyor’s report.
Advanced Data has developed state of the art software as a portal to Freddie Mac’s HVE with clients in mind. The web based application allows client to enter requests with just a few simple steps. Also, Advanced Data processes requests 7 days a week, and 365 days a year.
AVM orders placed through Advanced Data’s secure web application are returned instantly. Once the online order form is completed and submitted, a new screen will show the requested report.
Any quantity of AVM reports can be requested through Advanced Data’s secure software. Each request, however, will be assigned its own unique order number. This makes it easy for the verification team at Advanced Data to provide assistance on any specific order when needed.
Reports are delivered electronically within the secure web application. By logging into a personalized online account, users can also view any previous report.
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