Value Reconciliation Report

Now there is an efficient tool to help lenders determine property value misrepresentation

A Value Reconciliation Report (VRR) is an analysis of two or more residential property valuations that can assist lenders in reconciling disparate values on a specific property. A real estate analyst performing the reconciliation renders an opinion of which value for the subject property is most likely accurate, based on the unbiased findings borne by comprehensive research.

Designed to determine potential misrepresentation in the valuation of a given property, a VRR evaluates both public and private information to verify data reported on the valuations. The reconciliation process compares and studies the origination appraisal and other valuation reports for methodology and redibility, and researches market conditions andcomparable sales.

A VRR report may identify the causes for the disparity among valuations and serve to support the broader case presented by the lender when presenting a loan for re-purchase or reconsideration. 

Key Benefits:

• Saves lender's time and money
• An unbiased third party opinion
• Can identify potential misrepresentation
• Analyzes appraisal methodology and value credibility
• May be tailored to lender’s special needs for more forensic research in special investigation units