Products and Services

This report consists of a desktop evaluation of the subject property based upon public records data about the physical characteristics of the subject property. An exterior inspection of the property is made by one of our nationwide network inspectors, who provide photographs of the property and street scene (interior photos are available as an option); neighborhood description, a rating of the physical condition of the improvements, any obvious environmental concerns, or items of deferred maintenance. Our analysts then gather comparable sales on the basis of this information and analyze the comparable sales using quantitative analysis to form an opinion of value. The CER also features an aerial photo with subject property and comparable sales plotted. This report includes a signed certification by the analyst/reviewer.

The use and physical characteristics of the subject property are determined from public and third-party sources; and a search for comparable sales is conducted. Three comparable sales are selected within the subject's market area and limited adjustments are made for location, improvement size and age. The comparable sales most similar to the subject property receive the greatest weight in estimating its market value. The weighted mean adjusted price per square foot. from the three comparable sales is then applied to subject improvement area, providing an indication of market value.

This report contains a brief summary of the findings of a physical site inspection, including the condition of the exterior of the improvements and general comments about the location and neighborhood. This report also provides customers with three photos of the subject property, including a street scene.