There’s Never Been A Better Way To Reduce Risk.
Make investment decisions with uniform data-driven clarity. PARReport, PARScore and The PARRegistry are setting a new industry standard. Association Evaluation’s discovery and examination processes provide comprehensive due diligence on condominium and homeowner association properties.
Collecting more than 140 specific facts, the PARReport analyzes association-governed communities and identifies those at risk financially, operationally or physically.
To guide investment decisions, our exhaustive Management and Field Verifier Questionnaires record the facts about the Association’s:
- common elements
- financials and budgets
- physical conditions
- legal status
- operating and governing policies and
- external influences such as known unabated health hazards.
Our proprietary PARScore condenses the PARReport into a quick easy-to-use number.
Similar in concept to the FICO® score on individual credit reports, the Private Association Rating Score (PARScore)
assigns a numeric rating based on the homeowner association’s: financial strength and reserves, physical stability, common elements and external influences.
PARScore is an immediate standardized analysis based on facts.
The unique PARRegistry provides new comprehensive processes to evaluate condominium and homeowner associations.
The PARRegistry helps consumers and related industry-service providers make informed decisions about the health, safety, security and credit worthiness of an association.
How it all works together.
Our process involves an information flow that begins with a Realtor® or homeowner, and then cycles through internal discovery, including a field inspection and property manager verification. The result of this process is a standardized PARScore.
We deliver the PARReport.
Our evaluation is delivered to you in a multipage report that details the PARScore, keyed to a D-AAA rating system. Scores range from 400 to 900.