Home Price Index, Conventional Mortgage Home Price Index (CMHPI, What is my property worth, Value of my Property, How to determine an accurate sales price of my property, How much is my property worth, How much can I sell my property for, distressed property values, short sale property value, Home price index, comparative market analysis, CMA report, CMA MARKET REPORT, CMA evaluation, estimated property value, pre-foreclosure property market analysis

HPI (Home Price Index)

Most homeowners are curious about the value of their home (for different reasons): maybe you’re simply curious about how the recent real estate market has affected property values, or you may be seeking home insurance estimates or considering filing a property tax appeal, or you’re thinking of buying a house and you don’t want to pay more than what the present distressed market value is, or you may be thinking about refinancing or selling your home? Irrespective of what your ultimate motive or reason may be, we have three different home value reports to cater for each individual need with the simple click of one button.

Our motto is real simple: the more information you can get into one place for easy access, the better it will be for our clients so we did just that!

The HPI (Home Price Index Estimator) is based on the FMHPI (Freddie Mac House Price Index) This index is calculated using a repeat-transactions methodology. (Repeat transactions indexes measure price appreciation while holding constant property type and location, by comparing the price of the same property over two or more transactions. The change in price of a given property measures the underlying rate of appreciation because basic factors such as physical location, climate, housing type, etc., are constant between transactions. Averages of appreciation rates for different geographic areas and time periods are calculated using statistical regressions and the index values are derived from these averages. For a more technical description, see The Freddie Mac House Price Index [PDF]”.

What data are used to estimate the FMHPI? Freddie Mac uses a dataset that includes valuation and location data for the combined portfolio of loans that were purchased by either Freddie Mac or Fannie Mae since January 1975. This dataset is updated monthly with new purchases from the two firms and, as of January, 2011, contains over 25 million transaction pairs.

A Conventional Mortgage HPI Report is intended at those home owners, who are simply curious about their current property value and it provides the home owner with an instant estimated value report. For an instant estimated valuation: simply complete and submit the short HPI Evaluation Form at the bottom of this page, and we will provide you with an instant estimated value of your home.

Note: if your property does not comply with the Conforming Underwriting Criteria based on Freddie Mac or Fannie Mae underwriting standards, then you will not be able to use this evaluation method and you’ll have to use our alternative Total View Property Value Estimator
We guarantee your privacy unlike most online search engines, that requires login information and passwords and we DO NOT EVER sell your personal information, and we NEVER EVER share your information with any 3rd party or other financial institution(s). We NEVER EVER charge any fees for our reports, and there is ABSOLUTELY NO OBBLIGATION when requesting any of our reports!

***Disclaimer: this valuation estimator is intended at providing an AVM (Automated Valuation Market Report), which is only a estimation of the property value based on certain data researched and obtained from various online sources, and it should not be construed as an actual or accurate estimated property valuation, which can only be obtained through an Appraisal Report or a CMA (Comparative Market Analysis) Report and or a BPO (Brokers Price Opinion) Report performed by a licensed professional in that field.

Simply complete the HPI Report Valuation form below for a instant estimated valuation report on your properties worth:

Property Address

Enter the information about your property and yourself. We'll start our search with your zip code.

City

State

Zip code*

When did you purchase your home?*

How much did you pay for your home?*
$

First Name*	Last Name*
E-mail Address*	Phone Number -
Send me quarterly updates about the value of my home.

Freddie Mac does not guarantee that FMHPI information is accurate, current or suitable for any particular purpose. Estimates contained in FMHPI are those of Freddie Mac currently and are subject to change without notice.

We have programs to help stop foreclosure regardless of your situation:

With the right help, virtually any foreclosure situation can be successfully resolved. We have helped thousands of homeowners and we can help you too. When facing foreclosure Time is of the Essence. You MUST act fast to protect your rights and stop foreclosure. Many people who need foreclosure assistance simply do nothing and hope for a miracle. Don't fall into that trap!

Leonard Scott Realty - Short Sale Center P.O. Box 223120 Carmel, CA 93922

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