Real estate blog entries tagged with home valuation methods by Seattle Real Estate|Colleen Fischesser| |Short Sale Specialist|So King County (RE/MAX Select R.E

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Home : Blogs : Seattle Real Estate|Colleen Fischesser| |Short Sale Specialist|So King County : Colleen & Co : Tag "home valuation methods"

home valuation methods: "Yeah, But....." | My Two Cents on AVM - 01/17/12 10:49 PM

Automated valuation platforms such as Zillow, Corelogic and others, are increasingly being relied upon by Loan Officers counseling sellers on re-fi's, Lien holders weighing the pros and cons of granting a short sale, and sellers with a white-knuckled grip on equity which has been slowly seeping through the fingers of their clenched fists for the last 4 years.
Here is a description of the AVM model from Fannie Mae's website:
AVMs are statistically-based computer programs that use real estate information such as comparable sales, property characteristics, tax assessments, and price trends to provide an estimate of value for a specific property
On one hand, … (7 comments)

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Seattle Real Estate|Colleen Fischesser| |Short Sale Specialist|So King County

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