This review and reporting tool evaluates a subject property and its neighborhood without
an appraisal. With Property Scan, you’ll view property characteristics, sales histories,
tax information, a location map, housing homogeneity and conformity measures, as well
as details on land use, price, age, and recent foreclosure activity.
Appraisal Analysis Summary Report
Perfect for technical reviewers, underwriters, quality assurance managers—anyone interested
in a closer look at collateral data—FNC’s Property Scan provides details on the subject property,
its neighborhood, recent area sales, and recent foreclosure activity. This multi-faceted report
helps you identify potential loss exposures through better collateral transparency.
Efficient Review with Convenient, Robust Reporting
Reviewing starts with analysis. Property Scan compiles all the details you need into a single,
comprehensive report. This easy-to-read, dynamic report lets you drill down on any property or sale
for full details, including optional plat maps and satellite imagery. To include this valuable
information in the loan file, simply choose to save or print the report.
Telltale Scores
Property Scan’s unique housing homogeneity and conformity scores instantly indicate how well a subject
property fits in with those around it. The Housing Homogeneity Score can identify hard-to-value neighborhoods,
such as those with significantly dissimilar homes. A less homogenous neighborhood also indicates that
the appraiser may have had trouble choosing comps near the subject property. A high Housing Homogeneity Score
paired with a low Conformity Score indicates the subject may be unique to its area and possibly hard
to value.
Ordered through FNC’s Collateral Management System® (CMS®), or through an interface to your processing
system, Property Scan is useful anywhere accurate data is needed for analysis. Make Property Scan part
of your review process for accurate analysis every time.
Property Scan is an automated data report, which includes:
- Comparables
- Sales transactions
- Plat maps (optional)
- Satellite photos (optional)
- Housing Homogeneity Score
- Conformity Score
- Property-use profile
- Property characteristics
- Foreclosure flags
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