{"id":2487,"date":"2018-01-11T16:40:01","date_gmt":"2018-01-11T16:40:01","guid":{"rendered":"https:\/\/preprod.housingwire.com\/knowledge\/?p=2487"},"modified":"2018-09-12T19:11:12","modified_gmt":"2018-09-12T19:11:12","slug":"maximizing-avm-utility-in-heloc","status":"publish","type":"post","link":"https:\/\/preprod.housingwire.com\/knowledge\/maximizing-avm-utility-in-heloc\/","title":{"rendered":"Maximizing AVM Utility in HELOC"},"content":{"rendered":"<p class=\"p1\">For years appraisers\u2014equipped with the purchase price\u2014have provided their opinion of residential property market values, protecting the borrower from overpaying and the lender from over lending. The most cost-effective valuation solution for residential properties, AVMs can support the purchase agreement approximately 85% of the time without the benefit of knowing the purchase price.<\/p>\n<p class=\"p1\">The accuracy of AVMs is well documented and readily available from a variety of sources. However, those familiar with these tools are the first to warn users about the dangers of misusing AVMs. In this white paper we will address how Veros is leveraging its VeroPRECISION offering to help lenders determine whether or not a property is suitable for AVM use and, if so, identify the best AVM for that specific property<\/p>\n<p><strong>Publisher:<\/strong> Veros Real Estate Solutions<br \/>\n<strong>Date:<\/strong>\u00a0January 2018<br \/>\n<\/p>\n<p class=\"p1\"> Fill out the form below to get the whitepaper sent to your inbox.<\/p>\n<p><!--[if lte IE 8]>\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2-legacy.js\"><\/script>\n<![endif]--><br \/>\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2.js\"><\/script><br \/>\n<script>\n  hbspt.forms.create({\n\tportalId: \"4509319\",\n\tformId: \"b892c577-385c-489e-8453-0466736327bf\"\n});\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For years appraisers\u2014equipped with the purchase price\u2014have provided their opinion of residential property market values, protecting the borrower from overpaying and the lender from over lending. The most cost-effective valuation solution for residential properties, AVMs can support the purchase agreement approximately 85% of the time without the benefit of knowing the purchase price. The accuracy [&hellip;]<\/p>\n","protected":false},"author":675,"featured_media":2488,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[59,63],"coauthors":[],"class_list":["post-2487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lending","tag-top-picks","tag-white-paper"],"acf":[],"jetpack_featured_media_url":"https:\/\/preprod.housingwire.com\/knowledge\/wp-content\/uploads\/sites\/2\/2018\/01\/2018-01-Veros-500x500.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/users\/675"}],"replies":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/comments?post=2487"}],"version-history":[{"count":0,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/media\/2488"}],"wp:attachment":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/media?parent=2487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/categories?post=2487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/tags?post=2487"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/coauthors?post=2487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}