Called ValueView,
this hybrid valuation alternative leverages the benefits of
both AVMs and on-site inspections to create an appealing property
valuation option. ValueView employs the country’s best
AVM tools – CoreLogic’s Value Point 4 (VP4)
and Freddie Mac’s Home Value ExplorerSM (HVE) –
to ensure the highest-possible “hit rate.” With
data covering 90% of the U.S. population and 93% of all mortgage
transactions, ValueView is sure to meet your needs. Typically,
ValueView achieves a 65 to 70 percent “hit rate”
when using and integrated combination of these two AVM tools.
ValueView is setup to offer automatic upgrades to BPOs or
appraisals for the “no-hits.”
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