VeroPHOTO Plus
VeroPHOTO Plus
Your Eyes On Property Condition & Value
When you are in need of fast, reliable valuation data and condition verifications for your subject property, look no further than VeroPHOTO Plus. Designed to help provide more detailed property valuation data or provide the background needed for compliance with Interagency Appraisal & Evaluation Guidelines and other regulations, VeroPHOTO Plus is a one-stop shop for fast, verified property valuation.
VeroPHOTO Plus unites the superior accuracy of the VeroVALUE AVM with a current digital photo of the subject property and adds an external property condition report completed at the time of the AVM order.
Available nationwide, VeroPHOTO Plus may be ordered on individual properties as well as portfolios. The product is offered on a fully automated basis and is integrated into Veros’ web-based ordering systems.
Delivery of VeroPHOTO Plus
- Submit an address for a VeroPHOTO Plus report.
- Select optional supplemental products and reports including interior photographs and condition reports of the subject property and photographs of nearby recent area sales.
- Receive the VeroVALUE AVM report immediately after address submission.
- Address is automatically routed for VeroPHOTO Plus order placement to a local real estate professional.
- Receive completed VeroPHOTO Plus report within three to five business days.
- Retrieve past reports from account archives.
Property Condition Verification
VeroPHOTO Plus provides further verification of the current physical condition of properties that are the subject of an AVM or other collateral assessment. Each photograph and condition report is generated at the time the AVM is ordered, helping you to stay in step with current and compliant valuation data.
Get Started
TO SPEAK TO OUR SALES TEAM
1.866.458.3767 Option 2
Features
The reasons for the stubbornly low housing supply
The housing market situation is fundamentally different from that during the great recession of 2008. One of the key reasons why house prices have not declined significantly is because of the very low inventory of homes available for sale. There were fewer than one million existing homes available for sale in January 2023 compared to over 3 million in any month during 2007-2008.
Pending home sales display buyers’ response to fluctuating mortgage rates
High home prices coupled with high interest rates made purchasing a house increasingly unaffordable. As a result, demand for home purchases fell. Pending sales across the United States decreased by over 40% from mid-June to the end of 2022.
Mortgage Metrics Today Versus the Great Recession
In this short article, we look at three different consumer mortgage metrics when comparing the economic conditions today to the Great Recession over a decade ago.
