AVM definition

AVM means Automated Valuation Model.

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AVM means an automated valuation model, providing computer generated home appraisals for mortgages and are based on comparable sales in area of the Mortgaged Property, title records and other market factors.

AVM means a value for a Mortgaged Property based on an automated valuation model.

Examples of AVM in a sentence

• Subject Property Numeric – Decimal 0.85 9.999999 If “Most Recent AVM Model Name” > 0 >= 0 to <= 1 135 Original CLTV The ratio obtained by dividing the amount of all known outstanding mortgage liens on a property at origination by the lesser of the appraised value or the sales price.

• Subject Property Date 20090914 YYYYMMDD If updated value was obtained subsequent to loan approval “19010101” if unknown 133 Most Recent AVM Model Name The name of the AVM Vendor if an AVM was used to determine the updated property valuation.

• Subject Property Numeric – Decimal 0.74 9.999999 If AVM Model Name (Field 127) > 0 >= 0 to <= 1 130 Most Recent Property Value[1] If a valuation was obtained subsequent to the valuation used to calculate LTV, the most recent property value.

• Score If AVM used to determine the updated property valuation, the confidence range presented on the AVM report.

• Subject Property Numeric – Integer 1 99 Always See Appendix I See Appendix I 129 Original AVM Confidence Score The confidence range presented on the AVM report.

More Definitions of AVM

AVM means an electronic appraisal document used in lieu of a standard appraisal form in accordance with the PHH Guide.

AVM means an automated valuation model providing computerized statistical modeling of a variety of data to generate home appraisals for mortgages based on comparable sales in the geographic area of the Mortgaged Property, title records, and other market factors and such AVM is acceptable as an appraisal in accordance with the Fannie Mae Guide or the Freddie Mac Guide, as applicable.

AVM means an automated valuation model providing computer-generated home appraisals for mortgages based on comparable sales, title records and other market factors, and having a minimum confidence score of at least 80%.

AVM means AVM L.P, a securities broker dealer, which we contract with for administering clearing and settlement services for our securities and derivative transactions, as well as assistance with financing transaction services such as repurchase financing.

AVM. Automated valuation model which is a statistically based computer program that uses real estate information such as comparable sales, property characteristics, and price trends to provide a current estimate of market value for a specific property.

AVM means Automatic Vending Machine (Kiosks)

AVM means an estimate of the current value of a tract or parcel determined by using an automated valuation model, dated no earlier than six (6) months before the determination date.