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  1. ' Edited Form File: D:\Pangaea\Rsrip1.frm
  2. ' Date Created:    10-Jun-1997 09:35:22
  3. '
  4. ' Fonts
  5. F,1,75,0,0,0,Arial Narrow
  6. F,2,105,1,0,0,Arial Narrow
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  10. F,6,60,0,0,0,Arial Narrow
  11. F,7,80,0,0,0,Arial Narrow
  12. F,8,80,1,0,1,Arial Narrow
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  14. P,1,1,SRIP1094
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  283. '
  284. ' Lines
  285. '
  286. ' Images
  287. '
  288. ' Text Strings
  289. T,132,11,2,0,SMALL RESIDENTIAL INCOME PROPERTY APPRAISAL REPORT 
  290. T,501,14,4,0,File No.
  291. T,13,28,1,0, Property Address
  292. T,313,27,1,0,City
  293. T,449,27,1,0,State
  294. T,507,27,1,0,Zip Code
  295. T,13,43,1,0, Legal Description
  296. T,449,43,1,0,County
  297. T,13,58,1,0, Assessor's Parcel No.
  298. T,300,58,1,0,Tax Year
  299. T,369,58,1,0,R.E. Taxes $
  300. T,488,57,1,0,Special Assessments $
  301. T,13,73,1,0, Neighborhood or Project Name
  302. T,329,73,1,0,Map Reference
  303. T,492,74,1,0,Census Tract
  304. T,13,89,1,0, Borrower
  305. T,218,88,1,0,Current Owner
  306. T,430,88,1,0,Occupant
  307. T,488,89,1,0, Owner
  308. T,539,89,1,0,Tenant
  309. T,586,89,1,0,Vacant
  310. T,13,105,1,0, Property rights appraised
  311. T,135,105,1,0, Fee Simple
  312. T,197,105,1,0, Leasehold
  313. T,271,105,1,0,Project Type
  314. T,345,106,1,0,PUD
  315. T,393,106,1,0, Condominium
  316. T,515,106,1,0,HOA $
  317. T,597,106,1,0,/Mo.
  318. T,1,115,8,16777215,SUBJECT
  319. T,13,120,1,0, Sales Price $
  320. T,133,120,1,0,Date of Sale
  321. T,253,119,1,0,Description and $ amount of loan charges/concessions to be paid by seller
  322. T,13,135,1,0, Lender/Client
  323. T,249,135,1,0,Address
  324. T,13,151,1,0, Appraiser
  325. T,249,149,1,0,Address
  326. T,277,164,4,0, Predominant
  327. T,447,164,4,0, Predominant
  328. T,358,164,4,0,Single family housing
  329. T,534,164,4,0,2-4 family housing
  330. T,13,169,1,0, Location
  331. T,93,169,1,0, Urban
  332. T,162,169,3,0, Suburban
  333. T,220,169,1,0, Rural
  334. T,277,174,4,0, Single Family
  335. T,447,174,4,0, 2-4 Family
  336. T,360,175,1,0,PRICE
  337. T,422,175,1,0,AGE
  338. T,530,175,1,0,PRICE
  339. T,592,175,1,0,AGE
  340. T,277,183,4,0, Occupancy
  341. T,447,183,4,0, Occupancy
  342. T,13,184,1,0, Built up
  343. T,93,184,1,0, Over 75%
  344. T,162,184,1,0, 25-75%
  345. T,220,184,3,0, Under 25%
  346. T,360,184,3,0,$(000)
  347. T,422,184,3,0,(yrs)
  348. T,530,184,3,0,$(000)
  349. T,592,184,3,0,(yrs)
  350. T,389,198,1,0,   Low
  351. T,559,198,1,0,   Low
  352. T,13,200,1,0, Growth rate
  353. T,93,200,1,0, Rapid
  354. T,162,200,1,0, Stable
  355. T,220,200,1,0, Slow
  356. T,296,200,1,0, Owner
  357. T,467,200,1,0, Owner
  358. T,389,213,1,0,   High
  359. T,559,213,1,0,   High
  360. T,13,215,1,0, Property values
  361. T,93,215,1,0, Increasing
  362. T,162,215,1,0, Stable
  363. T,220,215,1,0, Declining
  364. T,296,215,1,0, Tenant
  365. T,467,215,1,0, Tenant
  366. T,377,229,1,0,Predominant
  367. T,548,229,1,0,Predominant
  368. T,13,231,1,0, Demand/supply
  369. T,93,231,1,0, Shortage
  370. T,162,231,3,0, In balance
  371. T,220,231,3,0, Over supply
  372. T,296,231,3,0, Vacant (0-5%)
  373. T,467,231,3,0, Vacant (0-5%)
  374. T,162,245,1,0, 3-6 mos.
  375. T,13,246,1,0, Marketing time
  376. T,93,246,3,0, Under 3 mos.
  377. T,220,246,3,0, Over 6 mos.
  378. T,296,246,6,0, Vacant (Over 5%)
  379. T,467,246,6,0, Vacant (Over 5%)
  380. T,13,262,4,0,Typical 2-4 family bldg.
  381. T,114,262,1,0,Type
  382. T,217,262,1,0,No. stories
  383. T,310,262,1,0,No. units
  384. T,381,262,1,0,Age
  385. T,425,262,1,0,yrs.
  386. T,443,262,4,0,Present land use %
  387. T,524,262,4,0, Land use change
  388. T,201,277,1,0, Increasing
  389. T,265,277,1,0, Stable
  390. T,329,277,1,0, Declining
  391. T,13,278,1,0,Typical rents $
  392. T,116,278,1,0,to $
  393. T,440,278,1,0, One family
  394. T,544,278,5,0, Not likely
  395. T,594,278,5,0, Likely
  396. T,201,292,1,0, Increasing
  397. T,265,292,1,0, Stable
  398. T,329,292,1,0, Declining
  399. T,13,293,1,0,Est. neighborhood apt. vacancy
  400. T,166,293,1,0,%
  401. T,440,293,1,0, 2-4 family
  402. T,544,294,5,0, In process to:
  403. T,13,308,1,0,Rent controls
  404. T,89,309,1,0, Yes
  405. T,127,309,1,0, No
  406. T,166,309,1,0,Likely    If yes or likely, describe
  407. T,440,310,1,0, Multi-family
  408. T,440,326,1,0, Commercial
  409. T,440,341,1,0, (                )
  410. T,13,356,4,0, Note: Race and the racial composition of the neighborhood are not appraisal factors.
  411. T,13,371,1,0, Neighborhood boundaries and characteristics:
  412. T,17,431,3,0,Factors that affect the marketability of the properties in the neighborhood (proximity to employment and amenities, employment stability, appeal to market, etc.):
  413. T,15,554,3,0,The following available listings represent the most current, similar, and proximate competitive properties to the subject property in the subject neighborhood.  This
  414. T,15,564,3,0,analysis is intended to evaluate the inventory currently on the market competing with the subject property in the subject neighborhood and recent price and marketing
  415. T,15,573,3,0,time trends affecting the subject property. (Listings outside the subject neighborhood are not considered applicable).  The listing comparables can be the rental or sale
  416. T,15,582,3,0,comparables if they are currently for sale.
  417. T,1,590,8,16777215,NEIGHBORHOOD
  418. T,49,598,1,0,ITEM
  419. T,136,598,1,0,SUBJECT
  420. T,213,598,1,0,COMPARABLE LISTING NO. 1
  421. T,350,598,1,0,COMPARABLE LISTING NO. 2
  422. T,488,598,1,0,COMPARABLE LISTING NO. 3
  423. T,13,630,1,0, Address
  424. T,13,645,1,0, Proximity to subject
  425. T,13,661,1,0, Listing price
  426. T,108,661,1,0,$
  427. T,224,661,1,0, Unf.
  428. T,263,661,1,0, Furn. $
  429. T,362,661,1,0, Unf.
  430. T,401,661,1,0, Furn. $
  431. T,499,661,1,0, Unf.
  432. T,538,661,1,0, Furn. $
  433. T,13,676,1,0, Approximate GBA
  434. T,13,692,1,0, Data source
  435. T,13,707,1,0, # Units/Tot. rms/BR/BA
  436. T,13,723,1,0, Approximate year built
  437. T,13,738,1,0, Approx days on market
  438. T,13,753,1,0, Comparison of listings to subject property:
  439. T,15,799,1,0,Market conditions that affect 2-4 family properties in the subject neighborhood (including the above neighborhood indicators of growth rate, property values,
  440. T,15,813,1,0,demand/supply, and marketing time) and the prevalence and impact in the subject market area regarding loan discounts, interest buydowns and concessions,
  441. T,15,827,1,0,and identification of trends in listing prices, average days on market and any change over past year, etc.:
  442. T,13,952,1,0, Dimensions 
  443. T,412,952,1,0, Topography
  444. T,352,967,1,0, Yes
  445. T,391,967,1,0, No
  446. T,13,968,1,0, Site area
  447. T,290,968,1,0, Corner Lot
  448. T,412,968,1,0, Size
  449. T,412,983,1,0, Shape
  450. T,13,985,1,0, Specific zoning classification and description
  451. T,412,998,1,0, Drainage
  452. T,13,999,1,0, Zoning compliance
  453. T,108,999,1,0, Legal
  454. T,321,999,1,0, Illegal
  455. T,370,999,1,0,No zoning
  456. T,151,1000,3,0, Legal nonconforming (Grandfathered use)
  457. T,411,1013,1,0, View
  458. T,13,1015,1,0, Highest & best use as improved
  459. T,158,1015,1,0, Present use
  460. T,230,1015,1,0,Other use (explain)
  461. T,412,1028,1,0, Landscaping
  462. T,13,1041,4,0, Utilities
  463. T,73,1041,1,0,Public
  464. T,186,1042,4,0, Off-site Improvements
  465. T,354,1042,1,0,Public
  466. T,381,1042,1,0,Private
  467. T,130,1041,1,0,Other
  468. T,290,1043,1,0,Type
  469. T,1,1045,8,16777215,SITE
  470. T,412,1045,1,0, Driveway
  471. T,13,1057,1,0, Electricity
  472. T,186,1058,1,0, Street
  473. T,412,1061,1,0, Apparent Easements
  474. T,13,1072,1,0, Gas
  475. T,186,1073,1,0, Curb/Gutter
  476. T,13,1088,1,0, Water
  477. T,186,1089,1,0, Sidewalk
  478. T,412,1087,1,0, FEMA Special Flood Hazard Area
  479. T,561,1087,1,0, Yes
  480. T,600,1087,1,0, No
  481. T,13,1102,1,0, Sanitary Sewer
  482. T,186,1104,1,0, Street Lights
  483. T,412,1105,1,0, FEMA Zone
  484. T,511,1105,1,0,Map Date
  485. T,13,1118,1,0, Storm Sewer
  486. T,186,1119,1,0, Alley
  487. T,412,1119,1,0, FEMA Map No.
  488. T,14,1137,1,0, Comments (apparent adverse easements, encroachments, special assessments, slide areas, illegal or legal nonconforming zoning use, etc.):
  489. T,1,1211,8,16777215,COMMENTS
  490. T,1,1238,6,0,Freddie Mac Form 72    10-94            10 CH.
  491. T,162,1238,6,0,This form was reproduced by United Systems Software Company  (800) 969-8727 - Page 1 of 4
  492. T,519,1238,6,0,Fannie Mae Form 1025     10-94
  493.