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Posts Tagged ‘AVMs’

January 4, 2011 Who’s to Blame for Low Appraisals?

Appraisals and appraisers shoulder a lot of blame these days. While people used to criticize them for being overly generous during the housing boom, people are now criticizing appraisals for being too low, which can prevent home owners from refinancing. According to an article in The Wall Street Journal titled, “House Appraisals Under Fire,” the [...]

June 9, 2009 AVMs

In real estate appraisal parlance, the acronym AVM stands for Automated Valuation Model. An AVM is a computer-generated report that uses complex mathematical equations to determine the most logical value of a home based on public records and other relevant data. There is no involvement of an appraiser or person during the compilation of the [...]