SmartExchange
The source "Typed" will now be used when creating a new report (with Merge, Save As, or copy) from a signed report containing peer data.
Undo now correctly reverts the source of data for a comparable.
General
Some areas of improvement have been spotted and addressed in order to help make the Comps Database run smoother.
Forms
The Amrock Property Data Review and Property Data Review Completion Report forms have been added.
The required Extraordinary Items and Assumptions Addenda has been added to the Canadian Drive‑by and Desktop forms so they don't have to be added separately.
The Estimated Remaining Economic Life will automatically be calculated based on the Effective Age of the property in all FHA and VA reports.
The Project Name and Phase Number will transfer from the subject to the sales grid and back on the Condo forms. A warning will be thrown if they differ on either page.
The Floor Number field in the Unit Description section of a Condo form will transfer to the Sales Comparison Approach and back.
The following features have been added to the Small‑Income Form (1025):
Check multiple property types under General Description.
Choose between actual or market rent when entering data into the Gross Monthly Rent field.
Calculate the total number of Units automatically when you enter data in the Unit Breakdown fields.
Toggle between the GLA vs. GBA if they differ by entering the Unit #1 GLA field on Page 1.
E&O
New warnings have been added to all Fannie Forms (except if otherwise stated). These warning will be generated if you have:
Inconsistent data on the 1004UAD and 2055UAD between the subject basement fields on pages 1 and 2.
No date entered for the Date of Sale/Time field on the 1004C.
Neighborhood Low/High Price more than the lowest and highest reported Sales Price in the Sales Comparison on all Fannie Forms.
The VA checkbox marked but the Estimated Remaining Economic Life is blank or if the Estimated Remaining Economic Life is negative.
A sales comparable missing that is either below or above the Market Value of Opinion (Bracketing).
HOA check for both 'per year' and 'per month'.
Car Storage indicated but Assigned or Owned not checked.
Highest and Best use marked Yes but no comment has been entered. (This was added due to popular demand)
If the Owner of Public Record and Borrower as the same on a Purchase Transaction.
If 'Currently offered for sale' is marked no on a Purchase Transaction.
When you insert a comp automatically using SmartAddress, you'll no longer be prompted with a warning about the address not being standardized.
For FHA reports, a hard stop will no longer be generated saying Bathroom count must be greater than or equal to 1.
Clarified which field in the Contract section contains data, if the report is marked 'Refinance' or 'Other', instead of a general warning on FHA reports.