Benefits ► Designed specifically to help with use of AVMs in lending decisions

► Includes robust, timely information about Local Market Conditions

► Fast Turn time—typically within 3 business days for OnSite Plus

► Real Time Photos of property, address verification, and street view

► Provides critical subject property info such as Land Use and Zoning

► Built-in Quality Review

► Objective Overall Condition Rating through patent pending algorithm based on inspection results

► Leverages most comprehensive data in market, covering 99.9% of parcels in U.S.

► OnSite inspections performed by trained, experienced inspectors

► OnSitePlus inspection performed by licensed Real Estate brokers and agents

► Can be ordered standalone or with our industry leading AVMs

Valuation and two Property Condition Reports that are Smarter, More Efficient and Help lenders Comply

Just when you may have thought all property condition reports were alike, CoreLogic® brings you OnSite and OnSite Plus, smarter choices for lenders looking to choose a professionally inspected, data verified and workflow compatible property condition report.

OnSite and OnSite Plus provide an eyes-on-the property inspection and report detailing the physical condition of a property and local market trends—enabling you to quickly determine if a more comprehensive review is necessary.

Both of these property condition reports are designed to help mortgage lenders comply with the Federal Interagency Appraisal Evaluation Guidelines released in December 2010. They were designed for use in instances where the Guidelines require a regulated institution to ascertain the actual physical condition of a property and economic or local market conditions, such as when an AVM is going to be used for lending purposes. The reports use a CoreLogic patent pending algorithm to uniquely create an objective overall condition rating that supports your valuations processes.

Driven By the industry-leading Data and analytics only Corelogic Can offer

OnSite and OnSite Plus are built on the industry-leading property and homeownership information from CoreLogic that covers more than 99.9% of all parcels and 97% of all sales transactions. This same information is used to power the over 1 billion AVMs CoreLogic delivers every month. Both reports combine our robust data and analytics through a patent-pending algorithm that produces an overall score from (1) our local market and property data and (2) our trained and licensed inspector’s answers to standardized survey questions. The result is an objective condition rating with at-a-glance simplicity.

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our easy-to-read scoring summary delivers quick, actionable intelligence

OnSite andOnSite Plus

PropertyInspection

ExternalFactors

Photos

QualityReview

OverallCondition

Rating

LocalMarket

Conditions

Choose the onSite Property Condition Report that’s Right for Your Business

OnSite and OnSite Plus provide the property condition information lenders need to make informed lending decisions.

Comparison ChartFeatures OnSite OnSite Plus

Exterior physical inspection of the subject property with a built-in quality review process ▲ ▲

local Market Conditions that include: (1) at-a-glance pricing and volume trends (2) HPi forecast (3) Sales and foreclosure trends

▲ ▲

overall condition rating using a patent pending algorithm ▲ ▲

Photos of the subject property with digital time stamp ► Subject-specific and adjacent area ► Front, side and street views ► address verification ► Damages and external factors

▲ ▲

aerial maps ▲ ▲

External factors that may affect marketability including material property and neighborhood factors ▲ ▲

Subject property detail including land use and zoning ▲ ▲

trained, experienced field inspectors ▲

licensed Professionals – inspections performed by a nationwide panel of 10,000 licensed Real Estate Brokers and agents

▲

Gated community access – clients can now provide special access instructions, such as gate code keys, that enable our inspectors to complete more inspections. Higher hit rate means more cost savings for our clients.

▲

3 business day turn time ▲

industry Professionals across the united States Provide a Quick turnaround

A nationwide network of inspectors (including a nationwide panel of 10,000 licensed Real Estate Brokers and Agents for OnSite Plus) are ready to execute your order quickly and precisely. With OnSite and OnSite Plus, your need for a property condition report will be fulfilled quickly, professionally and thoroughly.

Quality Control that lenders Can trust

An in-house control review is performed on every single report to help ensure accuracy before releasing it to you. The quality-control team manually reviews each order for issues, such as:

► Completeness

► Photo and caption accuracy

► Caption language

► Photo-to-condition relevancy

► Photo quality and clarity

a Flexible Fit into Your Workflow or not. it’s Your Choice.

OnSite and OnSite Plus are available as standalone reports or as part of your AVM rules management. Both reports are available across CoreLogic platforms and support rule-based logic to automatically trigger from the AVM result to request OnSite or OnSite Plus. This includes pre-screens for:

► Property Type

► Condo-Hotels

► Confidence Score Sufficiency

► Value Deviations

► Collateral Risk

► Natural Disaster Areas

a typical onSite Workflow Driven by aVM Rule-Based logic

CoreLogic performsquality controlof inspection

CoreLogic addsproperty detail

and local marketconditions

OnSite reportdeliveredto client

Order OnSitestandalone orautomatically

from rule-basedlogic

SuccessfulAVM Returned

CoreLogicperforms exterior

physical inspection

Example of onSite workflow driven by aVM rule-based logic

Summary

Get OnSite or OnSite Plus Today. Whether used to help comply with the federal guidelines or to gain information on a property before purchasing or insuring, OnSite and OnSite Plus provide the right combination of simplicity, accuracy and affordability. With easy automated workflow integration, OnSite and OnSite Plus are fast, cost-effective reports to assess property condition.

our nationwide network of trained inspectors quickly returns high-quality reports, no matter the volume.

corelogic.com

FoR MoRE inFoRMation PlEaSE Call 866-774-3282© 2015 Corelogic, inc. all rights reserved.

CoREloGiC and the Corelogic logo are trademarks of Corelogic, inc., and/or its subsidiaries.

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