Download and view the complete Supporting Adjustments Series.
Collateral Underwriter is here and while we will not really know exactly how this will affect appraisers until after the implementation has had time to roll out, we can prepare with a return to some common sense methods. Join presenter Woody Fincham, SRA, for these on demand webinars.
Reviewed Paired Sales and Regression Analysis. Part one also explored some techniques on fundamental report writing, how to make technical sense and having a consist flow.
Part two reviews some basic statistical metrics used in regression analysis. Woody provides insight on how valuable sales agent interviews are when gathering data, and the benefit of using other approaches to support adjustments in the sales comparison approach.
In the final part of this series, Woody provides some real life examples of using the Cost Approach to support and add credibility in the Sales Comparison Approach. Woody also reviews Residual Improvement Value and how this can be an effective defense against overall price per square foot concerns and in conclusion reconciling each step of the valuation process.
Presented By: Woody Fincham, SRA
Woody Fincham, SRA is the Senior Land Preservation Tax Credit Appraisal Consultant for the Department of Taxation in Virginia. He also manages a private appraisal practice that specializes in residential valuation with a focus on non-lender reports, review and a small portfolio of lender work. Woody is very involved with the Appraisal Institute and was a discussion leader for the 2014 Leadership Development & Advisory Council. He has been a featured panelist at the Association of Appraiser Regulatory Officials. He has also been a non-member participant in the Collateral Risk Network and has recently joined the ranks of national instructors for the Appraisal Institute.