| Subject |
Borrower
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Census Tract
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Map Reference
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Property Address
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City
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County
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State
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Zip Code
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Legal Description
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Sale Price $
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Date of Sale
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Loan Term yrs.
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Property Rights Appraised
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Actual Real Estate Taxes $ (yr)
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Loan charges to be paid by seller $
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Other sales concessions
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Lender/Client
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Address
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Occupant
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Appraiser
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Instructions to Appraiser
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| Neighborhood | Location |
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Good | Avg. | Fair | Poor | |||
| Built Up |
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Employment Stability |
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| Growth Rate |
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Convenience to Employment |
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| Property Values |
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Convenience to Shopping |
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| Demand/Supply |
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Convenience to Schools |
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| Marketing Time |
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Adequacy of Public Transportation |
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| Present |
% One-Unit
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% 2-4 Unit
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% Apts.
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% Condo
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% Commercial
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Recreational Facilities |
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| Land Use |
% Industrial
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% Vacant
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%
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Adequacy of Utilities |
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| Change in Present |
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Property Compatibility |
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| Land Use |
(*) From
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To
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Protection from Detrimental Conditions |
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| Predominant Occupancy |
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% Vacant
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Police and Fire Protection |
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| One-Unit Price Range |
$
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to $
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Predominant Value $
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General Appearance of Properties |
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| One-Unit Age Range |
yrs. to
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yrs.
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Predominant Age yrs.
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Appeal to Market |
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| Comments including those factors, favorable or unfavorable, affecting marketability (e.g. public parks, schools, view, noise) | |||||||||||
| Site |
Dimensions
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=
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Zoning Classification
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Present Improvements
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Highest and Best Use
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| Public | Other (Describe) | OFF SITE IMPROVEMENTS | Topo | |||
| Elec. |
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Street Access
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Size | |||
| Gas |
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Surface
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Shape | |||
| Water |
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Maintenance
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View | |||
| San. Sewer |
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Drainage | |||
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Underground Elect. & Tel. |
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Is the property located in a FEMA Special Flood Hazard Area?
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| Comments (favorable or unfavorable including any apparent adverse easements, encroachments, or other adverse conditions) | ||||||
| Market Data Analysis | The undersigned has recited the following recent sales of properties most similar and proximate to subject and has considered these in the market analysis. The description includes a dollar adjustment reflecting market reaction to those items of significant variation between the subject and comparable properties. If a significant item in the comparable property is superior to or more favorable than the subject property, a minus (–) adjustment is made, thus reducing the indicated value of subject; if a significant item in the comparable is inferior to or less favorable than the subject property, a plus (+) adjustment is made thus increasing the indicated value of the subject. | |||||||
| ITEM | SUBJECT PROPERTY | COMPARABLE NO. 1 | COMPARABLE NO. 2 | COMPARABLE NO. 3 | ||||
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Address
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| Proximity to Subject | ||||||||
| Sales Price |
$
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$
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$
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$
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| Price $/Sq. Ft. |
$
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$
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$
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$
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| Data Source(s) | ||||||||
| ITEM | DESCRIPTION | DESCRIPTION | +(– )$ Adjust. | DESCRIPTION | +(– )$ Adjust. | DESCRIPTION | +(– )$ Adjust. | |
| Date of Sale/Time Adj. | ||||||||
| Location | ||||||||
| Site/View | ||||||||
| Sales or Financing Concessions | ||||||||
| Net Adj. (Total) |
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$
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$
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$
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| Indicated Value of Subject |
$
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$
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$
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| Comments on Market Data | ||||||||
| Reconciliation | Comments and Conditions of Appraisal | |
| Final Reconciliation | ||
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I (WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE SUBJECT PROPERTY AS OF TO BE $
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Appraiser
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Supervisory Appraiser (if applicable)
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Date of Signature and Report
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Date of Signature
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Title
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Title
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State Certification # ST
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State Certification # ST
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Or State License # ST
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Or State License # ST
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Expiration Date of State Certification or License
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Expiration Date of State Certification or License
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Date of Inspection (if applicable)
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