Sentences with phrase «home valuation system»

The home valuation system not only offers value to potential clients, but also simultaneously collects their data for easy agent follow - up.

Not exact matches

So far, Bank of China (Hong Kong) has led tests on a property valuation system for home loans based on blockchain technology, according to Duncan Wong, vice-president of financial technologies at Astri, the government - backed research institute working on the system.

A growing number of loan programs do not require individual appraisals — instead home mortgage lenders can use automated valuation systems based on tax records and past sales to show the worth of many properties.

To compound the problem beyond the individual foreclosures, the inflated selling prices of the homes remain in the system for use as comparable sales prices for valuations in the coming months.

According to valuation and analytics firm CoreLogic, 11.3 percent of home purchase appraisals ordered through that company's widely used system came in below the contract price.

Giant mortgage investor Freddie Mac plans to dispense with traditional appraisals on some loan applications for home purchases, replacing them with an alternative valuation system that would be free to both lenders and borrowers.

While some services out there provide incorrect data (or no valuations at all), Home Value Leads searched for the best systems & software applications available to make our agents look sharper and more knowledgeable.