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Property Valuation Services provides local lenders with custom appraisal management and valuation services
Your Locally Sourced AVM:
Electronic Valuation Assistant (EVA)
Automated Valuation Models (AVMs) reduce the time it takes and costs involved in valuations & compliance. Many appraisal management companies offer generic AVMs that compile data from online public resources. At Property Valuation Services, we go above and beyond what generic AVMs provide by offering our proprietary Electronic Valuation Assistant (EVA) to lenders. Put simply, EVA helps lenders compete more effectively, at a lower cost, and in less time.
Lowering loan cost in the valuation process.
Lenders who process loans compliantly, efficiently, and at the lowest cost still have a competitive edge in the marketplace. EVA is a computer-based modeling program that provides an instantaneous Opinion of Market Value.
Saving time in the loan process
One of the long lead time items in any loan process is the appraisal. Yet the appraisal is one of the primary factors for evaluating loan risk. EVA is instantaneous, accurate, and meets Interagency Guidelines and state laws.