Valuation Solutions for a
Complex World

Valuation Solutions for a
Complex World

Property Condition Report

Residential Site Inspection

The Property Condition Report, also referred to as a Residential Site Inspection Report,  is used by lenders, investors and servicers to:

  • Monitor the condition of REOs
  • Document current property conditions with present and original photos
  • Monitor and confirm occupancy

The Residential Site Inspection Report provided by InsideValuation, A Division of LRES includes:

  • Current photos of subject property (front, side, and street views)
  • Overview of current subject property condition (including fire and flood damage, if applicable)
  • Current status on occupancy
  • Current listing information if applicable
  • Overview of estimates of necessary repairs and timeframe for resolution of repairs
  • Summary of market conditions in the neighborhood
  • Summary of alternative listings within close proximity to the subject property
  • Location map

When combined with an Automated Valuation Model report, the Property Condition Report provided by InsideValuation, A Division of LRES meets all regulatory compliance obligation for home equity lending purposes.  When the two reports are merged, clients gain a clearer and more timely analysis of residential properties.