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RAMSEY
<br />Un iform Resident Appraisal Report F1e# 07FES22D
<br />Fthis AISER'S CERTIFICATION: The Appraiser certifies and agrees that:
<br />ave, at a mini mum, developed and reported this appraisal in accordance with the scope of work requirements stated in . ppraisal report. . performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the condftion
<br />of the improvements in factual, specific term s. I identified and reported the physical deficiencies that could affect the
<br />livability, soundness, or structural integrity
<br />sisal Standards Board of The Appraisal Foundation and that were in
<br />3. 1 performed this appraisal in accordance with the requirements of the Uniform Standards. of Professional Apprasea
<br />Practice that were adopted and promulgated by the App
<br />place at the time this appraisal report was prepared. sales
<br />4. 1 developed my opinion of the market value of the real property that the subject of this report based on the to develop a reliable sales comparison approach
<br />roach
<br />comparison approach to value. I have adequate comparable market data
<br />for this appraisal assignment I further certify that I considered the cast and income approaches to value but did not develop
<br />them, unless otherwise indicated in this report for
<br />5. 1 researched, verified, analyzed, and reported on any current agreement for sale fa �isal, s and he prior of offering
<br />subject
<br />sale of the subject property in the twelve months prior to the effective date of this app
<br />property for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report.
<br />I researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of One year prior
<br />6.
<br />6. the date of sale of the comparable sale, unless otherwise indicated in this report
<br />the most similar to the subject property.
<br />7. 1 selected and used comparable sales that are iocationally, physically, and functionally
<br />ot used comparable sales that were the result of combining a land safe with the contract purchase price of a home that
<br />I haven
<br />has been built or will be built on the land.
<br />9. 1 have reported adjustments to the comparable sales that reflect the market's reaction to the differences between the subject
<br />property and the comparable sales.
<br />10. 1 verified, from a disinterested source, all information in this report that wve p vided by parties who have a financial interest in
<br />the sate or frnncing of the subject property.
<br />11. I have knowledge and experience in appraising this type of property
<br />in this market area. ing
<br />data sources for the area in which the property 12. 1 am aware Of, and have access to, the necessary and appropriate public and private data sources, such as multiple Ilocated.
<br />services, tax assessment records, public land records and other such
<br />13. 1 obtained the information, estimates, and opinions furnished by other parties nd expressed in this appraisal report from
<br />a
<br />reliable sources that I believe to be true and correct
<br />14. 1 have taken into consideration the factors that ve an inirprtluences v
<br />n the developme of rrry market neighborhood,
<br />p and the proximity of the subject property to
<br />have noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, e
<br />presence of ehazard us waste became aware substances
<br />of dunng research involved cn performing thisbapprs during ha e the e
<br />subject p e
<br />property
<br />adverse property o in my analysis a the property value, and have reported on the effect of the conditions on the value an
<br />marketabil ity of the subject property.
<br />15. I have not knowingly with any significant information from this appraisal report and, to the best of my knowledge, all
<br />statements and information in this appraisal report are true and correct
<br />16: I stated in this appraisal report my own personal, unbiased, and professional analysis, Opinions, and conclusions, which
<br />are subject only to the assumptions and limiting conditions in this appraisal report
<br />17. 1 have no present or prospective interest in the property that is the subject of this report, and t have no present Or rital
<br />prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or or of the
<br />completely, my analysis status, �ar o g n of a this prospective ow the
<br />ners o ccupants subject property or
<br />status, handicap, familial
<br />present owners or occupants of the properties in the vicinity of the subject property or on any Other basis prohibited by law.
<br />18. My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not that I would report (or present analysis supporting) a
<br />conditioned on any agreement or understanding, written or otherwise,
<br />favors the cause of
<br />any p ern , or th of predetermined specifi result minimum vaue, of a specificdsubsequentvevent (such as f a pending
<br />.J any party.
<br />mortgage loan application).
<br />f 19. 1 personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report If ! in this
<br />relied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisal
<br />or thaspreparation certify that any dual named such
<br />s qualified to perform r
<br />rm thetasks. have authorized anyone to make
<br />appraisal report; therefore, any change made'to this appraisal is unauthorized and I will take no
<br />a change to any item in this app
<br />responsibility for it
<br />20. 1 identified the lender /cfientt in this appraisal report who is the individual, organization, or agent for the organization that
<br />ordered and will receive this app report.
<br />Page 5 Of s Fannie Mae Form 1004 March 2005
<br />Freddie Mac Form 70 March 2005
<br />Form 1004 — "WInTOTAL' appraisal software by a la mode, inc. — - B00 ALAMOOE
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