Evaluations

The Evaluation is a limited scope estimate of value and not an "appraisal".  This type of assignment may be requested by several differing types of clientele serviced by SunPointVMS.  The highest demand falls on REO departments and HELOC products with very low loan to values (LTV).  The Evaluation has dozens of applications however the caveat is that it is not an appraisal.  The form itself is very similar to a Desktop Appraisal in its scope however unlike the Desktop Appraisal the Evaluation can be completed by any reliable trained professional.

AVMs

AMVs and BPOs can be useful tools in real estate lending and serve specific functions. Neither, however, is comparable to real estate appraisals in developing values for lending decisions. As a long-term result, professionally prepared appraisals provide lenders with the confidence to lend, in any type of market.