Paired with the largest online property and ownership database in the nation, PASS uses a hedonic-based model to calculate property values. PASS incorporates property characteristics and comparables with appraisal logic, price-time indexing and various statistical methods to arrive at an accurate and reliable property valuation. This neural scoring system enables the technology to sense and immediately adapt to changing market conditions. A dedicated team of AVM experts continuously tunes and maintains the model for maximum performance.
GeoAVM Distressed™ represents the next generation of AVMs for REO properties and homes in delinquency and default. GeoAVM Distressed fine tunes results for distressed properties to deliver conservative, realistic, and reliable valuations.
The GeoAVM Suite delivers property valuation convenience and accuracy through industry-leading methodology. Model selection and customization provides the flexibility to tailor an ideal solution that accelerates portfolio analysis and reduces loan-processing decision lag with comparable or better accuracy than BPOs and appraisals.
