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File No. R-899 SUMMARY APPRAISAL REPORT OF THE PROPERTY LOCATED AT 6112 Arabella Road Hope Mills, NC 28348 as of 6-18-13 for Investors Rehab by Max Rupee Real Estate Appraiser 2904 Swift creek Drive
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How to Fill Out a Summary Appraisal Report:

01
Start by gathering all the necessary information related to the property being appraised. This includes the property's address, size, condition, features, and any recent improvements or renovations.
02
Analyze the market data and comparable properties in the area to determine the property's fair market value. Consider factors such as recent sales prices, market trends, and the condition of comparable properties.
03
Evaluate any additional factors that may impact the property's value, such as location, amenities, and potential for future growth or development.
04
Assess the property's income potential if it is an income-producing property. Consider factors such as rental rates, occupancy rates, and expenses to determine the property's potential income stream.
05
Compile all the gathered information into a comprehensive report. Include clear and concise descriptions of the property, market analysis, and any supporting documents or data used in the appraisal process.
06
Present the findings and conclusions of the appraisal report. This includes summarizing the property's value, explaining the reasoning behind the valuation, and providing any recommendations or suggestions for improvements.

Who needs a Summary Appraisal Report:

01
Real estate agents and brokers often require a summary appraisal report to determine an accurate listing price for a property.
02
Financial institutions such as banks and mortgage lenders may request a summary appraisal report to assess the value of a property before approving a loan or mortgage.
03
Property owners may need a summary appraisal report when refinancing their mortgage or when considering selling their property.
Overall, anyone involved in the buying, selling, or financing of real estate may require a summary appraisal report to make informed decisions based on the property's value.
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The summary appraisal report is a document that provides a brief overview of the appraisal process and valuation of a property.
Property owners or individuals responsible for managing the property are required to file the summary appraisal report.
The summary appraisal report can be filled out by providing information about the property, appraisal methods used, and the final valuation.
The purpose of the summary appraisal report is to provide a concise summary of the appraisal process and valuation for reference.
Information such as property details, appraisal methods, valuation results, and the appraiser's signature must be reported on the summary appraisal report.
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