Clear Capital’s Commercial Evaluation is a simple and affordable solution for commercial properties and loans valued at less than $500,000.
Why use a Clear Capital Commercial Evaluation?
Non-compliance wastes time and money. Clear Capital’s Commercial Evaluation is designed to be fully compliant with IAG Guidelines and regulations in all 50 states. To achieve this, the report format and all processes that support it adhere to each state’s specific requirements.
Our nationwide network of agent, broker, and appraiser partners are educated in commercial evaluation and experienced in the industry. Each valuation report is completed entirely by our network — from onsite inspections to data gathering, analysis, and value conclusions.
Clear Capital’s Commercial Evaluation is perfect for securing loans valued at less than $500,000, valuing commercial properties to be used as collateral on business loans less than $1 million, and for extending credit and loan modifications.
This data-rich report is accurate, easy to read, and fully compliant with state and Interagency Appraisal and Evaluation Guidelines (IAEG).
Commercial Evaluations pass a rigorous quality control review process to ensure all comparables, income capitalization analysis, comments, photos, and all other data tell a clear and consistent story in support of the concluded value.
Discover details on construction quality, site utility, zoning, assessment information, and more. Gain an in-depth look at the local neighborhood, local trends, vacancy rates, and the current and projected use of the property based on improvements and zoning.
Reports include analysis of three closed sales, relevant current listings, rental comparables, and income analysis. More than 20 data points are scrutinized within each comparable — vacancy, market conditions, visibility and accessibility, parking, amenities, and more.
The final value reconciliation includes identification of the most probable buyer, estimated marketing time, and any limiting conditions that impact the final value. Assess a summary of the analysis, including the search parameters and data sources used and commentary to support the value conclusion.
Ensure compliance with regulatory requirements with additional information such as the subject’s projected use, proper citation of all data sources, an e-signature of the preparer, and any limiting conditions associated with the market value conclusion.
Clear Capital’s commercial evaluation provides an IAEG-compliant conclusion of value utilizing the sales comparison and income capitalization approaches to value.
Using highly accurate geocodes, view the subject’s location in relation to the comparables.
Enjoy a cost-effective alternative to appraisals for lower-value loans.
We’ll keep you in the loop on the latest stories, events, and industry news.
