T,178,57,3,0,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,7,101,3,0,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,24,350,3,0,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,7,570,3,0,9.
T,21,569,3,0, I performed this appraisal as a limited appraisal, subject to the Departure Standards of Provision of the Professional Uniform Standards of
T,8,583,3,0,Appraisal Practice that were adopted and promulgated by the 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,31,694,3,0,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.
