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  2. Uniform Appraisal Dataset - Wikipedia

    en.wikipedia.org/wiki/Uniform_Appraisal_Dataset

    Uniform Appraisal Dataset is a component of the Uniform Mortgage Data Program, an initiative undertaken by Fannie Mae and Freddie Mac (together known as the GSEs) under the direction of the Federal Housing Finance Agency in the United States in order to comprehensively standardize mortgage loan data so that loans may be processed more efficiently.

  3. Uniform Residential Appraisal Report - Wikipedia

    en.wikipedia.org/wiki/Uniform_Residential...

    Site: Data on the size, shape, zoning, and access to utilities as well as FEMA flood-zone information. Contract: Information on the contract for sale is entered here for appraisals in which a change of ownership is about to occur. Subject: Basic information such as the address, legal description, owner's and/or borrower's names. The client is ...

  4. Automated valuation model - Wikipedia

    en.wikipedia.org/wiki/Automated_valuation_model

    The advantages of using AVMs over traditional appraisals are that they save time, money and resources (e.g. there are no transport requirements), thus lowering the cost of valuing a property. Many AVMs can be used with little cost, so more choices in valuation methodology are also possible.

  5. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    Traditional appraisal process. No-appraisal process. Inspection. Licensed appraiser inspects property in person. Uses automated valuation models (AVMs) to assess value

  6. Broker's price opinion - Wikipedia

    en.wikipedia.org/wiki/Broker's_price_opinion

    A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser.A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO.

  7. What is a reverse mortgage? How it works, who it’s best for ...

    www.aol.com/finance/what-is-a-reverse-mortgage...

    Your home's appraised value. The age of the youngest borrower. The reverse mortgage program you choose. Current interest rates. The Home Equity Conversion Mortgage (HECM) limit — which is ...

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