News

New tool tells lenders if properties were damaged by natural disaster

Mar 18, 2019

Veros' new AVM add-on can show exactly which areas were impacted by wildfires, floods, earthquakes and more, helping lenders determine whether to issue a mortgage

BY JIM DALRYMPLE II  | Inman Staff Writer

A new data tool from property valuation software company Veros promises to breakdown the affects of natural disasters at the parcel level, potentially offering invaluable information to lenders who have to make determinations about damage before issuing loans.

The tool identifies which properties in a given area have been affected by disasters such as earthquakes, flood, wildfires, volcanos, tsunamis and other disasters,...Read the full news article on Inman.com


Category: Media Coverage