No more guessing. Now, you can have confidence in your property’s worth. FNC’s Valuesight
gives you sales price information as recent as the past 12 hours for five properties similar
to yours in both characteristics and location. You’ll also see a range of values for your property
based on real market activity, helping you make quick, accurate decisions.
How Does it Work?
Users enter an address and Valuesight returns a map with the subject and the top-five ranked
comparable properties selected from FNC’s National Collateral Database™ (NCD). The comps are
ranked according to their similarity to the subject property, distance to the subject property,
and age of sale—an accurate measure designed by FNC’s in-house appraisal, subject matter, and
real estate experts.
With Valuesight, you’ll quickly identify and rank recent area sales into one of seven Comp-Tiers.
Area sales in Tier-1 represent the newest, closest, and most similar comparable properties, Tiers
2-4 capture and identify properties ranging from similar to decreasingly similar based on characteristics,
age, and time of sale. Tiers 5-6 encapsulate properties in slower markets or rural markets and wider age
and physical characteristic variance. Tier-7 represents properties not conforming to Comp-Tier 1-6 standards.
The product includes a description of the Comp-Tier ranking system and characteristics of each
property, all easily accessed with a click.
Valuesight is also useful for HELOC loan production or as a point-of-sale tool. Additionally banks
may want to offer the Valuesight service to brokers and borrowers from public web sites.
On the Go?
This Web-based tool can be accessed on your PDA!