LAND APPRAISAL REPORT - Habitat for Humanity of Suffolk

TEXT ADDENDUM File No. 00009858
Borrower: N/A
Property Address: SAVOY AVENUE/LOT #72
County: SUFFOLK
City: BAY SHORE State: NEW YORK Zip Code: 11706
Lender: HABITAT FOR HUMANITY
ELECTRONIC SIGNATURES MAY BE UTILIZED IN THIS REPORT. USPAP AND THE APPRAISAL STANDARDS
BOARD STATE THAT ELECTRONICALLY AFFIXING A SIGNATURE TO A REPORT CARRIES THE SAME
LEVEL OF AUTHENTICITY AND RESPONSIBILITY AS AN INK SIGNATURE ON A PAPER COPY REPORT.
(THE TERM WRITTEN RECORDS INCLUDES INFORMATION STORED ON ELECTRONIC, MAGNETIC OR
OTHER MEDIA). ALL ELECTRONIC SIGNATURES IN THIS REPORT HAVE A SECURITY FEATURE
MAINTAINED BY THE INDIVIDUAL APPRAISER AND THE SUPERVISORY APPRAISER. IF DIGITAL
PHOTOGRAPHS ARE INCLUDED IN THIS REPORT, THEY ARE THE ORIGINAL PHOTOGRAPHS AND HAVE
NOT BEEN ALTERED IN ANY WAY. THEY ARE NOT COPIES OF 35MM PHOTOS. FANNIE MAE AND FREDDIE
STATE THAT DIGITAL IMAGING IS ACCEPTABLE AND THAT ALL PHOTOGRAPHS MUST BE ORIGINALS
THAT ARE REPRODUCED EITHER BY PHOTOGRAPHY OR ELECTRONIC IMAGING. FURTHERMORE,
APPRAISER CERTIFIES THAT THIS REPORT IS A TRUE COPY OF THE ORIGINAL REPORT.
Comments on Sales Comparison
THE COMPARABLE SALES SELECTED FOR THIS REPORT ARE CONSIDERED TO BE THE BEST, MOST
RECENT SALES AVAILABLE AT THE TIME OF THIS INSPECTION WHICH COULD BE VERIFIED. LOT SIZE
DIFFERENCES WERE ADJUSTED AT $2.00 PER SQUARE FOOT. COMPARABLE SALES #1-#3 EXCEED FNMA
TITLE DATE GUIDELINES AND WERE UTILIZED DUE TO THE LACK OF MORE RECENT VERIFIABLE
COMPARABLE SALES IN THE AREA.
COMPARABLES #2 AND #3 HAVE BEEN IMPROVED WITH RESIDENTIAL DWELLING SINCE THE TIME OF
SALE.
TIME ADJUSTMENTS WERE MADE AT 12% UNTIL THE DATE OF 03/01/2006 WHEN VALUES APPEAR TO
HAVE STABILIZED.