We’re pleased to announce that four new products have joined Clear Capital’s Product Portal: Residential Broker Price Opinion (BPO), Residential Evaluation, Property Condition Inspection, and Post Disaster Inspection. Sign up for the portal, order in minutes, and pay online.
Residential BPO
Clear Capital’s Residential Broker Price Opinion (BPO) is the ultimate alternative to an appraisal for servicing, origination, and investments. It earned Morningstar’s top rating, MOR RV1.
The data-rich BPO reports provide a clear understanding of the subject property for confident investment decisions. The reports are generated by the highest rated real estate agents and brokers in any given geography for the best local perspective. Each report is sent through a powerful analytics-based ruleset to identify valuation accuracy and comparable selection risk. Plus, each report is extensively reviewed by staff analysts before delivery for utmost quality assurance.
Residential Evaluation
Our Residential Evaluation is fully compliant with Interagency Appraisal and Evaluation Guidelines (IAG) and well-suited for origination loans on transactions less than $400,000 — including HELOC.
Clear Capital’s Residential Evaluation report delivers values, not prices. With a property value, you gain flexibility in how you can use the evaluation. Residential Evaluations provide personalized service, timely delivery, three layers of quality assurance, and market expertise.
Property Condition Inspection
Clear Capital’s Property Condition Inspection (PCI) provides rapid property condition updates. Local agents and brokers generate a risk summary report that visually highlights factors that could impact a property’s marketability. PCI can be ordered alongside ClearAVM™ for an IAG-compliant evaluation.
Post Disaster Inspection
Our Post Disaster Inspection estimates damages and repair costs after floods, fires, hurricanes, tornadoes, and other disasters — with turn times as short as two days. Experience real estate brokers and agents validate and analyze pertinent details after disasters to reassure you on the current condition of your loan portfolio.
How to get started with Clear Capital’s Product Portal
The Product Portal is a one-stop-shop to access Clear Capital’s property data products and valuation services. Signing up is easy, and you can instantly order ClearAVM, Collateral Desktop Analysis (CDA®), and ClearProp® alongside BPO, Evaluation, PCI, and Post Disaster Inspection. Visit portal.clearcapital.com to get started.