Property Address:
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|Property Address: | |Loan Number: | |
|City, State, Zip | |Date Prepared: | |
|Mortgagor: | | | |
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|What effect do REO Sales and Listings have in the subject's neighborhood: | |
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|Are there ongoing changes in the area's economic base that are having an adverse effect on real |
|estate values? | |
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|Have home values in the subject's specific neighborhood been declining from prior years? |
|(Reference MLS or other statistics). | |
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|Does the subject property have any negative or positive connotations such as reputation or |
|stigma? | |
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|Describe typical buyers in the subject's neighborhood (Owner's, Investor's, etc). | |
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|Is there an excess of available housing inventory in the subject's neighborhood? | |
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|Is there a high vacancy rate (over 10%) in the subject's neighborhood? | |
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|Is there an excess of "spec home" construction in the area? | |
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|Is the neighborhood in transition to land uses other than the subject's use? | |
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|What is the unemployment rate for the area? Has it been increasing? | |
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