Our financial advisory, due diligence and related services insure that you receive maximum available proceeds from the market for your transactions. AVM Methodology The Automated Valuation Model, which is calculated by drawing sales prices in a certain zip code from public records is a quick and easy way to predict the value of a property. The AVM provides subject information, comparable sales dates, comparable purchase prices, comparable property types, comparable property square footage and of course, the comparable property addresses. By analyzing this public information for a targeted nine digit zip code, the AVM can identify and average sales price for the location. Low and high values are also identified as well as area appreciation trends. The AVM is quickly growing in popularity as a fast indicator of the likely value of a property when an appraisal or a BPO is not feasible. The AVM does not take into account the actual condition of the property, as there is no inspection, but it still supplies a reasonably accurate value in a short amount of time. ASG utilizes AVM's regularly, supplying them to Wall Street traders, lending institutions and other financial organizations. ASG typically provides AVM's in under a twenty four hour period. ASG obtains subject information from local tax records and local multiple listing systems. ASG obtains six comparables, three active listings and three sold properties. Every BPO includes two photos (one street, one front). Every BPO is quality controlled by ASG staff and produced for the client in typed format. ASG’s quality control staff is consists of licensed, experienced real estate experts. |
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