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Redstone Market Area Summary |
| Demonstrate your local knowledge and expertise of the market to the reviewer and borrower. This addendum summarizes the market area statistics; the major characteristic ranges for both the sales and listings in the market; the location of these properties relative to the subject; plus a graphical representation of the actual market area used in the analysis. |
| Redstone Sales Comparable Selection |
| In today's environment, it's vitally important for the reviewer to know the methodology that you used to sort the highest ranking group of properties from which you selected your final comparables. This level of transparency is unprecedented in residential appraising and can reduce needless call backs. |
| Redstone Market Adjustment Factors |
| Regression analysis is at the heart of Redstone and the Market Adjustments addendum demonstrates that the adjustments you used in your appraisal were derived from a rigorous analysis of the market. |
| Redstone Market Trends Charts |
| Show the reviewer and the borrower that you've analyzed the entire market. The data for each month is plotted over a 12 month period (as of the Effective Date) and you have the option to show a 12 month, 6 month or 3 month trend line. Make comments on the trends charts to provide even more insight and convey your local market expertise. |
| Market Characteristics |
| Provide a snap shot of the pertinent market characteristics of the sales and listings in the market. Here you'll see the minimum, predominant, and maximum values of the range of the property characteristics in the overall market. |
| 1004 Market Conditions Addendum |
| Add the Redstone 1004MC addendum and save considerable time with every report by eliminating the error-prone manual process of filling in the standard 1004MC form. |
