Putting a Price on Commercial Property
• • •
Determining the value of a property can become a lengthy and contentious process, provoking differences of opinion between borrowers, lenders and appraisers. Cumbersome pen-and-paper inspections often yield inconsistent data poorly suited for comparing properties and establishing prices.
In order to pinpoint the best price for a property, mortgage originators are now taking advantage of inspection technology to capture uniform, shareable and searchable data with speed and ease. But which key attributes should you be looking for in inspection technology so you can avoid risky loans?
• • •