PURPOSE OF THE APPRAISAL The purpose of this appraisal is to estimate market value of the subject as defined herein as of the date of the appraisal. SCOPE OF WORK The following steps were made in arriving at the final estimate of market value included in the report of the subject property: 1. A preliminary search of all available resources was made to determine market trends, influences, and other significant factors pertinent to the subject property 2. A physical inspection of the subject was performed. Although due diligence was exercised while at the property, the appraiser is not an expert in such matters as soils, structural engineering, hazardous waste, etc, and no warranty is given as to these elements. As needed, inspection by various professionals within the fields might be recommended with the final estimate of value subject to their findings. 3. Research and collection of data (cost, improved sales, escrow sales listings and income) are performed as present in the subject 's market area and sufficient in quality to express an opinion of value as defined herein. Pertinent data contained in this report. Research Data MLS/Win2data/Dataquick 4. Data was collected using the three approaches to value. It was then analyzed so that the reader can understand how the value conclusion was reached.This should lead the reader to reach a similar conclusion. |
Justin Thomas Appraisal Justin Thomas Appraisal & Real Estate |