ISGN
 
   
     

Real Estate Product Codes and Descriptions

FLS Code Product Description Turnaround Time

FAV: Field Asset Verification

A drive-by property evaluation conducted by a qualified local real estate professional that includes one recent sold comparable, property condition, location, and available market data such as assessed value and last known sale. 2 to 3 business days

EVAL: Exterior Property Evaluation

A drive-by property evaluation conducted by a qualified local real estate professional utilizing a direct sales comparison approach.The EVAL contains 3 sold comps, market trend, location, condition and other data. 3 to 4 business days

EVALi: Interior Property Evaluation

An interior inspection of subject property conducted by a qualified local real estate professional. The EVALi contains 3 sold comps, available public record data as well as a report on interior condition and amenities. 5 to 6 business days
BPO: Broker Price Opinion A drive-by property evaluation conducted by a qualified real estate professional. Usually used in servicing applications with emphasis on property location and condition. The BPO contains 3 sold and 3 listed comparables, detailed property data, and photos. 4 business days

BPOi: Broker Price Opinion with an interior inspection

An interior inspection of the subject property conducted by a qualified local real estate professional. Usually used in servicing applications with emphasis on property location and condition. The interior BPO contains 3 sold and 3 listed comparables, detailed property data and interior and exterior photos. 5 to 7 business days
PCR: Property Condition Report Drive-by property inspection conducted by a qualified real estate professional to determine subject location and condition.The PCR includes a photo and is frequently used as an adjunct to an automated valuation (AVM). Less than 2 business days