Systems and methods for home value scoring
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United States of America Patent
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Oct 30, 2007
Grant Date -
N/A
app pub date -
Mar 12, 2002
filing date -
Aug 10, 2001
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
Systems and methods are provided for generating a model for providing one or more scores indicating a likelihood that an appraisal value is faulty. In one embodiment, a method includes receiving information representative of at least one of a borrower, a property, or one or more demographics; receiving a first appraisal value of the property; receiving a second appraisal value of the property, such that the second appraisal verifies the first appraisal; and determining one or more parameters for the model based on the received information, the received first appraisal value, and the received second appraisal value, such that the one or more parameters enable the model to provide the one or more scores.
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