COM 0547.000 2002-2004 - Laserfiche WebLink

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ADDITIONAL CERTIFICATION Borrower FRYE _ _ File No. 3357 Pro re Address 75-5787 Nele Place C Kailua-Kona _ _ Caurrry Hawaii _ _ _ _ Slale HI _ ZI~Code 96740 _ Lender Clark Real APPRAISER'S CERTIFICATION: The Appraiser certifes and agrees that 1. I have researched the subject market area and have selected a minimum of three recent sales of properties most similar and proximate to the subject property for consideraton in the sales comparison analysis and have made a dollar adjustment when appropriate to reflect the market reaction to those items or significant variation. If a significant item in a comparable property is superior to, or more favorable than, the subject property, I have made a negative adjustment to reduce the adjusted sales price of the comparable and, if a significant item in a comparable property is inferior to, or less favorable than the subject property, I have made a positive adjustment to increase the adjusted sales price of the comparable. 2. I have taken into consideration the factors that have an impact on value in my development of the estimate of market value in the appraisal report. I have not knowingly withheld any signifcant informaton from the appraisal report and I believe, to the best of my knowledge, that all statements and information in the appraisal report and true and correct. 3. I stated in the appraisal report only my own personal, unbiased. professional analyses, opinions, and conclusions, which are subject only to the contngent and limding conditions speafied in this form. I certfy that, to the best of my knowledge and belief: The statements of fact contained in this report are true and correct The report analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and are my personal, impartial, and unbiased professional analyses, opinions and conclusions. 4. I have no present or prospectve interest in the property that is the subject of this report, and no personal interest with respect to the parties involved. I did not base, either partially or completely, my analysis andlor the estimate of market value in the appraisal report on the race, color, religion, sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or the present owners or occupants of the propertes in the vianity of the subject property. 5. I have no present of contemplated future interest in the subject property, and neither my current or future employment nor my compensation for pertorming this appraisal is contingent on the appraised value of the property 6. My engagement in this assignment was not contingent upon developing or reporting predetermined results. My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal. 7. My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Prac4ce in place, as of the effective date of this appraisal, with the exception of the departure provision of those Standards, which does not apply. I acknowledge that an estmate of a reasonable time for exposure in the open market is a condition in the definition of the market value and the estimate I developed is consistent with the marketing time noted in the neighborhood section of this report, unless I have otherwise stated in the reconciliation section. 8. I have made a personal inspection of the property that is the subject of this report. I further certify that I have noted any apparent or known adverse conditions in the subject improvements, on the subject site, or on any site within the immediate vicinity of the subject property of which I am aware and have made adjustments for these adverse condi4ons in my analysis of the property value to the extent that I had market evidence to support them. I have also commented about the effect of the adverse conditions on the marketability of the subject property. 9. No one provided signifcant professional assistance to the person signing this report ~ 9 APPRAISER ~ ~ ~Y ~ .a SUPERVISORY APPRAISER (only if required): y/~ J 6 / ~ f`' Signature: ~6Y5~?l~aµ.-- ~ / ~~~~"~~F j Signnture: Name: Jogil@ BairdlLarry R Baird ' Name. Date Signed! .February 10, 2004 _ _ _ _ _ Date Signed: _ - State Certrfi atfon CRA 545/CGA 286 Slate Cerirficafion or State License or State License State: HI _ State: Expiration Date of Certification or License- 12/31/2005 _ _ Expiration Date of Certlficafion or License'. I 1 Did i Did Not Inspect Property BAIRD APPRAISALS Form ID4- "TOTAL tar Windows" appraisal software by a la made, Inc. - 1-800-ALAMODE