Property Inspections

First American offers several different property inspection services for
alternative valuations, equity lending or damage inspections.

Market Analysis and Condition (MAC) 

The First American professional network of inspectors will provide the information you need to move forward with a collateral-related decision. When used in conjunction with an AVM through DataTree, the MAC is perfect for home equity lending. The MAC Report provides standardized ratings on the physical condition of the property and valuable market area information including a physical inspection (interior or exterior), subject photograph, street view, location map, aerial map addendum, property specific information, condition rating, neighborhood information and a free text comment section. 

Property Assessment Collateral Evaluation (PACE)

Get a customized hybrid solution that combines the best of online data with an opinion of value from an experienced staff appraiser.

PACE
An appraisal alternative that combines an opinion of value by a field expert with supplemental market information, and reconciliation of value by a certified/licensed appraiser. Includes the names of the field agent and certified/licensed appraiser, as well as the effective completion date. 

PACE Pro
A report which combines a property inspection and opinion of value by a licensed real estate agent or broker with supplemental market information. The final reconciliation of value is prepared by a certified/licensed appraiser. Includes the names of the field agent and certified/licensed appraiser, as well as the effective completion date. 

PACE Elite
One step beyond Pro, with a PACE Elite the property inspection and opinion of value are completed by a certified/licensed appraiser. PACE Elite provides details on the subject property and neighborhood condition. The report includes the name of the certified/licensed appraiser, as well as the effective completion date.

Damage Verification Report

The Damage Verification Report is an exterior or interior inspection report completed by a Real Estate Professional that delivers a concise property condition report, noting visible damage and an accurate assessment of the condition of the neighborhood, indicating the availability of utilities, damage to roadways and neighboring homes. Current photos are included.

 

Learn More About Property Inspections Available Through DataTree