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- T,1,22,5,0, Desktop Underwriter Quantitative Analysis Appraisal Report
- T,501,26,2,0,File No.
- T,7,59,4,0,APPRAISER'S CERTIFICATION:
- T,181,59,3,0,The Appraiser certifies and agrees that:
- T,7,89,3,0,1.
- T,24,89,3,0,I performed this appraisal by (1) personally inspecting from the street the subject property and neighborhood and each of the
- T,6,101,3,0,comparable sales (unless I have otherwise indicated in this report that I also inspected the interior of the subject property); (2)
- T,7,114,3,0,collecting, confirming, and analyzing data from reliable public and/or private sources; and (3) reporting the results of my inspection and
- T,7,126,3,0,analysis in this summary appraisal report. I further certify that I have adequate information about the physical characteristics of the
- T,7,139,3,0,subject property and the comparable sales to develop this appraisal.
- T,7,163,3,0,2.
- T,25,163,3,0,I have researched and analyzed the comparable sales and offerings/listings in the subject market area and have reported the
- T,7,176,3,0,comparable sales in this report that are the best available for the subject property. I further certify that adequate comparable market
- T,7,188,3,0,data exists in the general market area to develop a reliable sales comparison analysis for the subject property.
- T,7,213,3,0,3.
- T,23,213,3,0,I have taken into consideration the factors that have an impact on value in my development of the estimate of market value in the
- T,7,225,3,0,appraisal report. I further certify that I have noted any apparent or known adverse conditions in the subject improvements, on the
- T,7,237,3,0,subject site, or on any site within the immediate vicinity of the subject property of which I am aware, have considered these adverse
- T,7,250,3,0,conditions in my analysis of the property value to the extent that I had market evidence to support them, and have commented about
- T,7,262,3,0,the effect of the adverse conditions on the marketability of the subject property. I have not knowingly withheld any significant
- T,7,275,3,0,information from the appraisal report and I believe, to the best of my knowledge, that all statements and information in the appraisal
- T,7,287,3,0,report are true and correct.
- T,7,312,3,0,4.
- T,24,312,3,0,I stated in the appraisal report only my own personal, unbiased, and professional analysis, opinions, and conclusions, which are
- T,7,324,3,0,subject only to the contingent and limiting conditions specified in this form.
- T,7,349,3,0,5.
- T,24,349,3,0,I have no present or prospective interest in the property that is the subject of this report, and I have no present or prospective
- T,7,361,3,0,personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis
- T,7,373,3,0,and/or the estimate of market value in the appraisal report on the race, color, religion, sex, age, marital status, handicap, familial
- T,7,386,3,0,status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants
- T,7,398,3,0,of the properties in the vicinity of the subject property or on any other basis prohibited by law.
- T,7,423,3,0,6.
- T,24,423,3,0,I have no present or contemplated future interest in the subject property, and neither my current or future employment nor my
- T,7,435,3,0,compensation for performing this appraisal is contingent on the appraised value of the property.
- T,7,447,3,0,
- T,7,460,3,0,7.
- T,23,460,3,0,I was not required to report a predetermined value or direction in value that favors the cause of the client or any related party, the
- T,7,472,3,0,amount of the value estimate, the attainment of a specific result, or the occurrence of a subsequent event in order to receive my
- T,7,484,3,0,compensation and/or employment for performing the appraisal. I did not base the appraisal report on a requested minimum valuation, a
- T,7,497,3,0,specific valuation, or the need to approve a specific mortgage loan.
- T,7,509,3,0,
- T,7,521,3,0,8.
- T,23,521,3,0,I estimated the market value of the real property that is the subject of this report based on the sales comparison approach to value.
- T,7,534,3,0,I further certify that I considered the cost and income approaches to value, but, through mutual agreement with the client, did not
- T,7,546,3,0,develop them, unless I have noted otherwise in this report.
- T,7,571,3,0,9.
- T,25,571,3,0,I performed this appraisal as a limited appraisal, subject to the Departure Provision of the Uniform Standards of Professional
- T,7,583,3,0,Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in
- T,7,595,3,0,place as of the effective date of the appraisal (unless I have otherwise indicated in this report that the appraisal is a complete
- T,7,608,3,0,appraisal, in which case, the Departure Provision does not apply).
- T,7,633,3,0,10.
- T,30,633,3,0,I acknowledge that an estimate of a reasonable time for exposure in the open market is a condition in the definition of market
- T,7,645,3,0,value. The exposure time associated with the estimate of market value for the subject property is consistent with the marketing time
- T,7,657,3,0,noted in the Neighborhood section of this report. The marketing period concluded for the subject property at the estimated market
- T,7,670,3,0,value is also consistent with the marketing time noted in the Neighborhood section.
- T,7,694,3,0,11.
- T,29,694,3,0,I personally prepared all conclusions and opinions about the real estate that were set forth in the appraisal report. I further certify
- T,7,707,3,0,that no one provided significant professional assistance to me in the development of this appraisal.
- T,7,731,4,0,SUPERVISORY APPRAISER'S CERTIFICATION:
- T,258,731,3,0,If a supervisory appraiser signed the appraisal report, he or she certifies and
- T,7,744,3,0,agrees that: I directly supervise the appraiser who prepared the appraisal report, have examined the appraisal report for compliance
- T,7,756,3,0,with the Uniform Standards of Professional Appraisal Practice, agree with the statements and conclusions of the appraiser, agree to be
- T,8,768,3,0,bound by the appraiser's certifications numbered 5 through 7 above, and am taking full responsibility for the appraisal and the
- T,7,781,3,0,appraisal report.
- T,8,855,4,0,APPRAISER:
- T,311,855,4,0,SUPERVISORY APPRAISER (ONLY IF REQUIRED):
- T,8,891,3,0,Signature:
- T,311,891,3,0,Signature:
- T,8,907,3,0,Name:
- T,311,907,3,0,Name:
- T,8,922,3,0,Company Name:
- T,311,922,3,0,Company Name:
- T,8,938,3,0,Company Address:
- T,311,938,3,0,Company Address:
- T,8,969,3,0,Date of Report/Signature:
- T,311,969,3,0,Date of Report/Signature:
- T,8,984,3,0,State Certification #:
- T,311,984,3,0,State Certification #:
- T,8,1000,3,0,or State License #:
- T,311,1000,3,0,or State License #:
- T,8,1015,3,0,State:
- T,311,1015,3,0,State:
- T,8,1030,3,0,Expiration Date of Certification or License:
- T,311,1030,3,0,Expiration Date of Certification or License:
- T,8,1060,4,0,ADDRESS OF PROPERTY APPRAISED:
- T,311,1060,4,0,SUPERVISORY APPRAISER:
- T,311,1092,3,0, SUBJECT PROPERTY
- T,334,1108,3,0, Did not inspect subject property
- T,8,1122,4,0,APPRAISED VALUE OF SUBJECT PROPERTY $
- T,334,1123,3,0, Did inspect exterior of subject property from street
- T,8,1137,4,0,EFFECTIVE DATE OF APPRAISAL/INSPECTION
- T,334,1138,3,0, Did inspect interior and exterior of subject property
- T,8,1168,4,0,LENDER/CLIENT:
- T,311,1169,3,0, COMPARABLE SALES
- T,8,1185,3,0,Name:
- T,334,1185,3,0, Did not inspect exterior of comparable sales from street
- T,8,1200,3,0,Company Name:
- T,334,1200,3,0, Did inspect exterior of comparable sales from street
- T,8,1216,3,0,Company Address:
- T,1,1237,1,0,This form was reproduced by United Systems Software Company (800) 969-8727
- T,292,1236,1,0,Page 3 of 3
- T,369,1237,1,0,10 CH.
- T,521,1237,1,0,Fannie Mae Form 2055 9-96
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