Some Help on Declining Markets

[woodyva]

I am working on an alamode Labs project involving some spread sheet templates for Market Analysis. I was curious to see if anyone out there could share with me any of your client's requirements for determining what a their definition of what a declining market is.

I have seen Wachovia's criteria, and Rels.

I would appreciate all the feedback to be related to the topic and not a bunch of commentary or individual opinions of what each appraiser believes to be a declining market. I have my own idea of that, but I would like to compile a list of what different lenders and clients are asking for/defining as delcining.

You are welcome to post them here or email to woody@alamodelabs.com

 

[Mike Garrett RAA]

Good luck Woody...none of us can agree on that one.

 

[moh malekpour]

Woody,
You obviously are not looking for our personal opinion. You are looking for other lenders/clients definition of declining market. I don't have any to post but I like to see them as well. It would be nice if you post the ones form Wachovia and Rels that you laready have for us to see too.

 

[woodyva]

I wll be happy to show you what I have from them. What we are going to do is put together a narrative regarding this stuff that will be free for everyone to use, not just wintotal users.

I would be happy to hear what you perosnally do, if you are doing something that has some substance to it. I have been a little discouraged with the arguments that keep popping up on AF, my idea with this topis is to have less personal feelings and more actual nuts and bolts discussions. When I type substance, I mean anything showing some analytical thought or maybe even a checklist that you use

 

[woodyva]

Woody,
You obviously are not looking for our personal opinion. You are looking for other lenders/clients definition of declining market. I don't have any to post but I like to see them as well. It would be nice if you post the ones form Wachovia and Rels that you laready have for us to see too.

Moh:

Do you have wintotal s your software? The reason I ask is that the RELS addenda is in the reporting contents of forms to use. If you would like to PM your email, I will be hyappy to forward you the wachovia info.