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.
- 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
- Private Lending
- Bridge Loans
- Renovation Loans
- Investor Collateral Risk
- Portfolio Loans