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RAR™

Rapid Appraisal Report

Experience a 2 or 3 day turn-around for an Exterior on-site photo documentation which includes a Landcor™ report.  6 HR and 24 HR RUSH also available.   

Accuracy & Cost Reduction         

The Rapid Appraisal Report (RAR)™ is an on-site verification photo documentation melded with our industry leading comps data partner Landcor®.  High Res images can be viewed online, saved, printed (as at left) and shared company wide.  The rapid mortgage inspection for Lenders is typically delivered in 2-3 business days. 


The RAR™ significantly increases accuracy (if you were to rely only on AVM data) and in many instances serves to eliminate the need to do a costly full appraisal.  Credit Unions saves their Members money.


The RAR™ dramatically increases accuracy against stand-alone AVM data.  In numerous instances (i.e. we've successfully completed several thousand assignments as of late 2023) the RAR™ eliminates the need to conduct a full and costly full real esate market appraisal.


Note:  The RAR™ is not a real estate market appraisal.  For a real estate market appraisal report, we recommend you contact the Appraisal Institute of Canada where real estate market appraisers are listed.

Key Features

  • Is your confidence in AVM data less than 100%?  Raise your confidence with the RAR™ which includes an on-site photo documentation and a Landcor® report.
  • Saves Credit Union Members money. 
  • The RAR™ dramatically increases accuracy against stand-alone AVM data.  As a result this can serve to eliminate the need to conduct a full and costly real esate market appraisal.
  • The InspekTech RAR™ is a quick, efficient, accurate and very cost-effective way to verify actual conditions against the back-drop of AVM / internal data.  
  • Every RAR™ includes fresh on-site photos (including some neighbourhood shots) and also includes industry leading market comps reporting from Landcor® on the dwelling inspected.
  • The RAR™ is quick: Only a 2-3 day turn-around (BC Lower Mainland including Greater Vancouver and the Fraser Valley and most of Vancouver Island) and 3 days in the Okanagan.  We also do 24-hour and 6-hour RUSH deliveries in many areas.

Drive-by Risks?

We strongly recommend that mortgage professionals do not do "drive-by" photos of the front of dwellings.  This is not only risky and inadequate for the broker or lending agent, but not cost effective.  Read our industry White Paper on this >

Find out more

 

 

We invite you to learn more about the RAR™ first hand.   Join other Lenders by contacting us for more information and/or a demo.