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
- MLS information within the neighborhood
Now including data on MLS, foreclosures and flips, there's no better time to make
Property Scan™ part of your review process for accurate analysis on even the most
challenging properties.
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