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.