Qualified MAP Appraisers and Market Study Consultants

MAP lenders require competent, qualified appraisers and market analysts

Participating in HUD/FHA programs can be a complex process. Our staff has the professional affiliations, education, and experience required to competently prepare MAP appraisals and market studies. Redstone's reporting content and format follows HUD guidelines, ensuring a smooth review process and a minimum of back-end delays.  We regularly attend HUD-sponsored seminars and educational offerings in order to maintain our position as one of the leading consultants involving MAP transactions.

What can you expect from Redstone's MAP market studies and appraisals?

• Market Study Index referencing MAP checklist items

• Analysis of market need and location

• Market rents and income projections

• Total operating expense projection

• Total estimated replacement cost

• Market value of the land recognizing the impact of deed restrictions

• Market value of the overall project (land & improvements)

• Operating deficit and replacement reserve projections

• Occupancy rate – actual and forecasted

• Estimated amounts for legal, organizational, title, and recording expenses based on the maximum insurable loan

A thorough market analysis is a basic component of each Redstone report, and serves as a foundation for our conclusions and recommendations.  Our analyses develop conclusions with respect to feasibility, quality of the improvements, duration of earning capacity, and other factors that have a bearing on economic soundness.  Redstone’s MAP reports yield reliable conclusions and recommendations integral to strong decision making.