Appraisal FirewallX offers lenders the ability to place, track, and obtain Automated Valuation Models (AVMs) within a single platform. This instant property evaluation tool is based on historical property and market data, plus verified mathematical modeling. AVMs are a great solution for certain refinance and equity products and typically return in under 30 seconds.
Additionally, Appraisal FirewallX's AVM product offerings work in conjunction with Verisite Collateral Data and Property Condition Reports, ensuring lenders get property valuation results fast. Refer to our guides on Verisite Collateral Data or Property Condition Reports for more extensive information.
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Enable AVMs at the Division Level
Prior to placing an AVM request, you must enable the product from the Billing/Services section via Edit Settings within the division. 
Enable the box and Save.
Placing an AVM Order
Once the product has been activated, users will see a Valuation option from the New Order slide out navigation bar. 
Choose Valuation to be directed to the New Order form. Users must fulfill all required fields as marked by an asterisk(*). Within the Order section, under Valuation Type, users should choose Cascade AVM. 
Once a green checkmark has been supplied in each section (Loan, Property, and Order), the Order button at the bottom of the screen will become enabled. Select Order to place the AVM request.
AVMs typically return within 30 seconds and when the report has been provided by the vendor, users will be notified. The output will be accessible via the Communications Log or the Documents tab within the order.