AVPOAcademic Volume Purchase Option (software)
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According to First American, under an AVPO, a licensed appraiser confirms the specific set of values determined by a local real estate agent by looking at comparable sales and verifying accuracy.
Despite the company's language, Coleman considers these AVPOs to be appraisals in disguise.
First American has made AVPOs available as exterior-only or exterior and interior reports, and says reports can be made available to customers in seven to 10 days.