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Terms of service

The information provided is only for use by registered agents and customers for use in pricing residential real estate apartments and to assist in potential sales transactions conducted by registered agents and customers. Instant Value estimates are not meant for lending or other purposes where a full appraisal report may be required. It may not be distributed, sold, modified,re-engineered, or displayed for any other purpose nor may derivative works be created from the information. It may not be used in violation of any law or in any way that would harm or discredit Vanderbilt Appraisal Company and its affiliates. It is based upon public and other sources but is subject to the accuracy of such data sources. The information is presented "as is" and "with all faults".

All information is provided as STRICTLY estimates and VANDERBILT APPRAISAL AND ITS AFFILIATES MAKE NO GUARANTEES, REPRESENTATIONS OR ANY WARRANTIES OR CONDITIONS, EXPRESS OR IMPLIED. ALL WARRANTIES, CONDITIONS OF FITNESS FOR A PARTICULAR PURPOSE, OR WARRANTIES OF MERCHANT-ABILITY, OR ACCURACY ARE EXPRESSLY DISCLAIMED. IN NO EVENT WILL VANDERBILT APPRAISAL OR ITS AFFILIATES BE LIABLE FOR ANY DAMAGES, INDIRECT, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, AS A RESULT OF USE OF THE INFORMATION. THIS EXCLUSION IS INDEPENDENT OF THE REMEDY SET FORTH BELOW AND SURVIVES IN THE EVENT SUCH REMEDY IS UNENFORCEABLE OR FAILS. THESE LIMITATIONS AND EXCLUSIONS, SUBJECT TO APPLICABLE LAW, APPLY REGARDLESS OF ANY CONTRACT, WARRANTY, NEGLIGENCE OR OTHER CLAIM. IF YOU DISAGREE WITH ANY OF THE FOREGOING, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USING THE INFORMATION.

You, AS REGISTERED USER/AGENT, agree to indemnify, defend, and hold harmless Vanderbilt Appraisal Company and its affiliates from all claims, costs, and expenses arising from your use of the information, your violation of law, or your breach of the these terms of service. All rights to content, including without limitation the content, graphics, pictures, display means, and software is reserved to Vanderbilt Appraisal Co, LLC.

Instant Value market values are estimates of value of a condominium apartment, cooperative apartment or a house. The estimates are the starting point for computing market value and are not a substitute for an individual appraisal by a licensed professional. The Instant Value market value estimates are based on a proprietary algorithm that uses not only public data but also rates the property using factors used by professionals and then computes value on a price per square footage basis. It uses thousands of market sales during approximately twelve months prior to the valuation. The accuracy of the individual value estimate is subject to the accuracy of the information inputted by users about the size of the property and the condition, kitchen/bath and view ratings, as well as changing market conditions and the availability of data.

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