Tim Andersen, The Appraiser's Advocate Podcast

Part II – Does My Neighborhood Really Need Analysis? – TAA Podcast 039


Listen Later

Neighborhood analytics? Really!? That’s easy! Just fill in the boxes on the 1004 form. What’s the bid deal?! Fannie Mae asks us to answer 36 questions about any subject’s neighborhood. Frankly, its not important that we reached a credible value conclusion. What is important is to explain why that conclusion is credible. That’s why due diligence is so important. Why are neighborhood values changing? Due diligence helps us understand the answer to that question. What’s the subject’s highest and and best use as improved? Again, due diligence to details and trends answers that question. Neighborhood analytics is how we determine where the comparable sales are. It’s how we determine which properties are the subject’s competition. We use it to determine boundaries. From it, we learn the most probable buyer. And, yes, it helps Fannie Mae measure risk, too. So, that’s why we engage in neighborhood analytics!

...more
View all episodesView all episodes
Download on the App Store

Tim Andersen, The Appraiser's Advocate PodcastBy Timothy Andersen - USPAP Instructor

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

21 ratings


More shows like Tim Andersen, The Appraiser's Advocate Podcast

View all
The Ramsey Show by Ramsey Network

The Ramsey Show

38,671 Listeners

The Real Value Podcast by Blaine Feyen

The Real Value Podcast

33 Listeners

The MeatEater Podcast by MeatEater

The MeatEater Podcast

37,884 Listeners

The Appraisal Update: The Official Podcast of Appraiser eLearning by Bryan Reynolds

The Appraisal Update: The Official Podcast of Appraiser eLearning

28 Listeners

Appraisal Buzzcast by Appraisal Buzz

Appraisal Buzzcast

9 Listeners

Appraiser Talk by The Appraisal Foundation

Appraiser Talk

21 Listeners

On The Market by BiggerPockets

On The Market

896 Listeners

Appraisers On Purpose by Michael Hobbs

Appraisers On Purpose

11 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

835 Listeners

Beyond the Numbers by McKissock Appraisal

Beyond the Numbers

7 Listeners

BigDeal by Codie Sanchez

BigDeal

718 Listeners

The Appraiser Coach Podcast by Dustin Harris

The Appraiser Coach Podcast

5 Listeners

Market Moves with Mark and Jeff by Market Moves

Market Moves with Mark and Jeff

0 Listeners

The David Greene Show by David Greene

The David Greene Show

677 Listeners

Brews & Appraisal Views by Dan Lindeman

Brews & Appraisal Views

1 Listeners