This report provides an estimated market value of the property using the same Automated Valuation Models (AVM’s) that lenders have been using for over a decade. This constantly updated information also includes a risk score for identifying real estate fraud and collateral risk associated with the property and its neighborhood. The report includes:
Estimated property value with a high and a low range
Confidence score for the estimated market value
Subject Property Details
Market Risk Score
Market Appreciation
Market Foreclosure Rate
Number of Nearby Property Flips
Subject Property Flip Caution
Subject Property Foreclosure (Yes or No)
Property Sales/Loan History
High Area Sales Price
Low Area Sales Price
15 Nearby Sales with Detail
Median Area Sales Price
Average Area Sales Price
As an added feature to this report, if available*, the report will also provide you with the replacement cost for the property dwelling. 58% of all residential properties are underinsured by at least 22%. This report provides an estimated replacement cost of a property in the event of a catastrophe such as fire, hurricane, earthquake, flood, tornado or some other disaster. For a few dollars more in premium for homeowners insurance, you can protect your entire real estate investment and this tool will assist in determining your proper coverage amount. The report includes the following:
In the event a Replacement Cost Calculator is not included in the report, you will only be charged for the Home Value Report.
The objective of this report is to help you quickly understand real estate value, potential unseen area risks and to help you have better information with which to obtain a homeowners insurance quote.
