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drive-by appraisal

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drive-by appraisal

A value estimate made without examining the interior of a property.There is nothing inherently wrong with such an appraisal, as long as it is disclosed.



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[ILLUSTRATION OMITTED] Automated valuation models (AVMs), broker price opinions (BPOs), desktop appraisals, drive-by appraisals, property inspections and full interior appraisals all have a role in a mature collateral-assessment program.
To support this effort, the RealValue turn around time averages 24-36 hours, at less than half the cost of a drive-by appraisal.
Basis100 Industry Leading AVMs Collateral Assessment Solutions Desktop Appraisals Drive-by Appraisals Full Appraisals NOW OFFERING Cascading AVMS Now, additional industry AVMs are available on BasisValues.
 
 
 
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