Property Condition Report (PCR)

A Property Condition Report is obtained by a local, trained, data collector. This report includes the data collection by a third-party data collector which obtains the material characteristics regarding the entirety of a subject property. These reports include photos of interior and exterior along with the possibility to include sketch/floorplans.

Estimated Turn Times
PCR - Exterior - 4 days
PCR - Exterior & Interior - 4 Days*

*Turn Times that require interior inspections are dependent upon access to the property. 

Benefits

  • Faster Turn Time
  • Ability to Assess Property Condition Without a Full Valuation
  • Lower Price Point
  • Interior/Exterior Data Collection with Photos to Obtain Accurate Descriptions of the Subject and Neighborhood
  • Provides the Ability to Upgrade to a Bifurcated Appraisal when Applicable

Use Cases

  • Private Lending
  • Bridge Loans
  • Renovation Loans
  • Investor Collateral Risk
  • Portfolio Loans