Residx provides valuation services to institutional lenders. We specialize in regional and community banks, credit unions, investors, asset managers and loan servicers. References are available upon request.
Every Residx value is the result of a hands-on, objective audit supported by data from multiple sources. Lenders who need values they can rely on - and defend - to manage risk choose Residx.
Trained analysts review each value on a proprietary auditing platform, under a strict, rules-based environment that follows appraisal methodology.
Yes. Residx evaluations meet all requirements of the Interagency Appraisal and Evaluation Guidelines, dated December 2, 2010 and as amended, including Sections XI, XII and XIII. They help lenders comply with those guidelines for transactions that do not require a certified USPAP appraisal.
An appraisal is prepared by a state-licensed or certified appraiser under USPAP. An evaluation is an estimate of market value that lenders may use for certain transactions where the Interagency Appraisal and Evaluation Guidelines do not require an appraisal. Each lender remains responsible for deciding when an evaluation is permitted.
We evaluate residential properties only, including vacant lots.
Yes. The Residx product suite ranges from a fast valuation without an inspection to a fully audited valuation that includes an interior inspection.
Turnaround depends on the product. The typical turnaround of each product is shown on our Products page.
Pricing depends on the product and on your volume. Inspection add-ons are offered at cost. Contact us for a quote based on your needs.
Residx is connected to more than 500 private and public data sources, including county GIS and assessor records, and its own database of transactional activity, and adds local insight from our national network of market specialists. Together they give a complete picture of the property, the land and the market around it.
Yes. Our inspections provide an eyewitness account of the property's condition. They are available as an exterior front inspection, an exterior walkaround, or a full inspection that includes the interior.
Inspections are performed by our network of more than 2,000 carefully selected, continuously vetted local market specialists, appraisers, real estate agents, property managers and inspectors.
Yes. With more than 2,000 field inspectors across the U.S., Residx offers national coverage and delivers inspections in rural and hard-to-reach areas as well.
Yes. Any bank, credit union or financial institution can try Residx free for 30 days, with no commitment. Start your free trial and we will set up your account.
Clients order through their secure Residx client portal, or directly from their own system through the Residx API. In the portal you can follow the status of every order and download your reports. New to Residx? Contact us to open an account.
Yes. In the Residx client portal you receive a preliminary automated value estimate for the property within minutes of ordering, and you can follow the order and review information as it comes in - all before the final audited report is delivered.
Yes. Enter any US property address and we will prepare a full Residx report for it. Our platform gathers the data and calculates the value, a certified Residx auditor reviews it, and a Residx representative contacts you and sends you the report.
Yes. The Residx API lets your system submit orders for any Residx report and exchange data with our platform.
Our team will be happy to help with your valuation needs.
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