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APPRAISER Fo r CONDO/CO-OP PROJECTS Tr ai ni n g Pu rp MARKET RESEARCH ANALYSIS nl y The purpose of this addendum is to provide the lender/client with a clear and accurate understanding of the market trends and conditions prevalent in the subject neighborhood. EVALUATION CO. File No. 1-01235TRA Market Conditions Addendum to the Appraisal Report Page 3 of 27 Case No. LAPP 46-46-6-5177TRA O es os Are foreclosure sales REO sales a factor in the market Yes No If yes explain including the trends...

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What is market conditions addendum to?

The market conditions addendum is typically added to a contract or agreement.

Who is required to file market conditions addendum to?

Anyone involved in a real estate transaction may be required to file a market conditions addendum.

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The market conditions addendum is usually filled out with relevant information about the current market conditions affecting the transaction.

What is the purpose of market conditions addendum to?

The purpose of the market conditions addendum is to provide important information about the market conditions that may impact the transaction.

What information must be reported on market conditions addendum to?

Information such as market trends, property values, and other relevant data must be reported on the market conditions addendum.

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