What is an Express Evaluation™ and how does it work?

The Express Evaluation™ is a highly accurate, professional valuation report that is researched and prepared from scratch by an experienced real estate appraiser. A licensed or certified appraiser rapidly performs the research from a multitude of state of the art databases, selects the three most comparable sales, makes appropriate adjustments and arrives at a final conclusion of value.

How does the Express Evaluation™ differ from AVMs or Traditional Appraisals?

Automated Valuation Models (AVMs) are computer generated and mostly unreliable.  They depend upon artificial intelligence instead of professional appraisal expertise to determine the value of the property.

Drive-by and full appraisals require a physical inspection of the property and can be too costly and time consuming for junior loan programs.

The Express Evaluation™ effectively bridges the gap between AVMs and Traditional Appraisals.

How can the Express Evaluation™ be used?

• Home Equity Lines of Credit
• Second Mortgages
• Streamline Refinances
• Quality Control, in lieu of a Review Appraisal
• REOs, in lieu of a Broker Price Opinion (BPO)
• Due diligence and Loss Mitigation