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6.2B. SR 03-17-1997'ty of ITEH 6.2.b. MEMORANDUM iver Mayor & City Council FROM: DATE: Pat Klaers, City Admi~~ March 17, 1997 SUBJECT: Mobile Home Appraiser On February 18, 1997, the City Council approved a motion in support of a manufactured home park closing ordinance and directed that a pubic hearing be held on March 17, 1997, to consider this ordinance. Part of the ordinance states that the value of the manufactured homes should be based on an appraisal of the estimated market value. The proposal that determined the value of the manufactured home by using the county's assessed value information was rejected by the Council. The ordinance under consideration by the City Council on March 17 also states that the City Administrator will select the independent appraiser. On February 19 and 20, 1997, I sent letters to the following individuals requesting information on qualified firms that they are aware of who could conduct the independent appraisal (see attachments): · Ty Bischoff, County Assessor · Mark Brunner, Executive Vice President, Minnesota Manufactured Housing Association · Earl and Lorraine Hohlen, Owners of Elk Terrace Mobile Home Court · Heather Bergmann, Elk Terrace Mobile Home Court Tenant Additionally, I had Assistant City Planner, Scott Harlicker contact Green Tree Financial Corporation, Minnesota Manufactured Housing Association, and Mobilhome Minnesota in order to get information on qualified appraisal firms. The appraisal firms that Scott received references on are noted in his attached memo dated 2/28/97. Mr. Hohlen responded to my request for information on firms in writing and supported the Alpine Appraisal Services firm and the Newcombe and Hansen firm. Heather Bergmann responded with a telephone call and indicated support for Credit Management Resource Corp. These are also the three firms that the Assistant City Planner received information on, so I sent these three firms a letter requesting information on their qualifications (see attachments). I did not receive anything in writing from Mr. Brunner or Mr. Bischoff. However, the County Assessor did verbally advise me that the 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 county uses the following three appraisal firms: Mike Amo, Panger and Benson, and Patchen and Associates. Additionally, two tenants of the mobile home park called with information on firms that they felt were qualified to do appraisal work. One of the firms referred to me by a tenant was Wright Sherburne Realty and the individual from this firm that I was referred to is a mobile home dealer and is not a licensed appraiser. The other firm suggested to me by another tenant was Riverside Appraisals and, in this regard, I had a telephone conversation with Seth Foster regarding his experience with mobile home appraisals and have sent him a letter requesting that he submit his qualifications (see attachment). In a March 17, 1997, telephone conversation with Mr. Berge Hansen, of Newcombe and Hansen, he indicated that no one in his firm has the certification necessary to do appraisals for mobile home units. The Newcombe and Hansen firm typically does appraisals on mobile home parks, but not on individual homes within the park. At this point, I am awaiting the receipt of the qualifications from Alpine Appraisal Services, Credit Management Resource Corp., and Riverside Appraisals. If the information from these firms is received in a timely manner, it will be included in this packet. If not, I will distribute the relevant information at the March 17, 1997, Council meeting and offer my recommendation at that time. In reviewing the proposed ordinance with the City Planner and the City Attorney, it should be noted that the ordinance provides for the City to ensure that there is a fair process established in determining the market value of the manufactured homes. The City is selecting the appraiser or appraisers that the tenants and owners can use. The ordinance does not require the City to hire the appraiser to do the work of appraising the manufactured homes. The ordinance calls for the purchaser of the park to pay the cost of the appraisal. s:\council\mobhmapr 'ity of River February20, 1997 Ty Bischoff, County Assessor 13880 Hwy. 10 Elk River, MN 55330-4601 Dear Mr. Bischoff, I have been directed by the City Council to select an independent appraiser who has experience in mobile home appraisal work to complete an appraisal for the mobile homes in the Elk Terrace Mobile Home Court. This direction was given to me by the Elk River City Council at its February 18, 1997, meeting. As the County Assessor, I am asking for your help in identifying qualified firms to conduct this independent appraisal of the Elk Terrace Mobile Home Court. The city would like to move forward with this work as soon as possible and I would greatly appreciate any information you could provide me on qualified appraisal firms. If you have any questions, please feel free to contact me. Very truly yours, Patrick D. Klaers City Administrator PDK/jkp s:\admin\letters\bischof 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 ~ity of February19, 1997 Mr. Mark Brunner Executive Vice President Minnesota Manufactured Housing Association 555 Park Street, Suite 400 St. Paul, Minnesota 55103 Dear Mr. Brunner: I have been directed by the City Council to select an independent appraiser who has experience in mobile home appraisal work to complete an appraisal for the mobile homes in the Elk Terrace Mobile Home Court. This direction was given to me by the Elk River City Council at its February 18, 1997, meeting. As Executive Vice President of the Minnesota Manufactured Housing Association, I am asking for your help in identifying qualified firms to conduct this independent appraisal of the Elk Terrace Mobile Home Court. The city would like to move forward with this work as soon as possible and I would greatly appreciate any information you could provide me on qualified appraisal firms. If you have any questions, please feel free to contact me. Very truly yours, City Administrator PDK:akh 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 ° Fax: (612) 441-7425 '-'ity of River February 19, 1997 Earl and Lorraine Hohlen Elk Terrace Mobile Home Court 39 Main Street Elk River, Minnesota 55330 Dear Mr. and Mrs. Hohlen: I have been directed by the City Council to select an independent appraiser who has experience in mobile home appraisal work to complete an appraisal for the mobile homes in the Elk Terrace Mobile Home Court. This direction was given to me by the Elk River City Council at its February 18, 1997, meeting. As owners of the Elk Terrace Mobile Home Court, I would like to give you an opportunity to provide me the name(s) of appraisal firms which you feel are qualified to conduct an independent appraisal of the Elk Terrace Mobile Home Court. Please provide me the names of the firms which you would like to have considered for this work as soon as possible and no later than Wednesday, February 26, 1997. If you have any questions please feel free to contact me. Very truly yours, Patrick D. Klaers City Administrator cc: Heather Bergmann 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 '"ity of River February 19,1997 Heather Bergmann 203 Baldwin Avenue Elk Terrace Mobile Home Court Elk River, Minnesota 55330 Dear Ms. Bergmann: I have been directed by the City Council to select an independent appraiser who has experience in mobile home appraisal work to complete an appraisal for the mobile homes in the Elk Terrace Mobile Home Court. This direction was given to me by the Elk River City Council at its February 18, 1997, meeting. As a spokesperson for the Elk Terrace Mobile Home Court, I would like to give you an opportunity to provide me the name(s) of appraisal firms which you feel are qualified to conduct an independent appraisal of the Elk Terrace Mobile Home Court. Please provide me the names of the firms which you would hke to have considered for this work as soon as possible and no later than Wednesday, February 26, 1997. If you have any questions please feel free to contact me. Very truly yours, Patrick D. Klaers City Administrator PDK:akh cc: Earl and Lorraine Hohlen 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 MEMORANDUM To: From: Date: Subject: Pat Klaers, City Administrator Scott Harlicker, Planning Assistan~ February 28, 1997 List of Appraisers for Elk Park Terrace As per your request, I have complied the following list of appraisers for the purpose of appraising homes in the Elk Park Terrace Mobile Home Park. Each of the appraisers on the list have indicated that they have experience and certification in appraising mobile homes. Joel Dunn Alpine Appraisal Services 632 Viking Blvd. Cedar, Mn. 55011 Phone # (612) 434-0300 Berge Hansen Newcombe and Hansen 6550 York Ave. South Suit 603 Edina, Mn. 55435-2337 Phone # (612) 922-5590 Dwight Poss Credit Management Resource Corp. 7517 Washington Ave. South Edina, Mn. 55439 Phone # (612) 828-9406 Alpine Appraisal Services was referred by the Minnesota Manufactured Housing Association and Green Tree Financial Corporation. Newcombe and Hansen was referred by the Minnesota Manufactured Housing Association, and Credit Management Resource Corp. was referred by Mobilhome Minnesota. '~.ity of iver February 27, 1997 Joel Dunn Alpine Appraisal Services 632 Viking Blvd. Cedar, MN 55011 Dear Mr. Dunn, I have been directed by the City Council to compile a short list of independent appraisers who have experience in mobile home appraisal work to complete appraisals for the mobile homes in the Elk Terrace Mobile Home Park in Elk River, MN. In this regard, your firm was submitted as one which may be qualified to complete the appraisal work. It is estimated that up to 28 mobile home units would need appraisals. The mobile home park is scheduled to close in late June, 1997, so it is anticipated that the tenants and mobile home park owner will want the appraisals completed as soon as possible. If you are interested in completing the appraisals for the mobile homes in the Elk Terrace Mobile Home Park, please submit to me as soon as possible your qualifications for doing mobile home appraisals and your experience in this work. Additional information regarding the estimated cost per mobile home appraisal and the timing for when the appraisal work could be completed would be appreciated. Finally, I would like to know if you are aware of any conflicts of interest that may exist between you, your firm, and the owners of the Elk Terrace Mobile Home Park, Earl and Lorraine Hohlen, which would prevent you from completing this appraisal work. Information on qualified appraisal firms will be presented to the Elk River City Council on March 17, 1997. If you have any questions regarding this request for qualifications, please feel free to contact me. Very truly yours, Patrick D. Klaers City Administrator PDK/jkp 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 ~ity of iver February 27, 1997 Berge Hansen Newcombe and Hansen 6550 York Avenue South Suite 603 Edina, MN 55435-2337 Dear Mr. Hansen, I have been directed by the City Council to compile a short list of independent appraisers who have experience in mobile home appraisal work to complete appraisals for the mobile homes in the Elk Terrace Mobile Home Park in Elk River, MN. In this regard, your firm was submitted as one which may be qualified to complete the appraisal work. It is estimated that up to 28 mobile home units would need appraisals. The mobile home park is scheduled to close in late June, 1997, so it is anticipated that the tenants and mobile home park owner will want the appraisals completed as soon as possible. If you are interested in completing the appraisals for the mobile homes in the Elk Terrace Mobile Home Park, please submit to me as soon as possible your qualifications for doing mobile home appraisals and your experience in this work. Additional information regarding the estimated cost per mobile home appraisal and the timing for when the appraisal work could be completed would be appreciated. Finally, I would like to know if you are aware of any conflicts of interest that may exist between you, your firm, and the owners of the Elk Terrace Mobile Home Park, Earl and Lorraine Hohlen, which would prevent you from completing this appraisal work. Information on qualified appraisal firms will be presented to the Elk River City Council on March 17, 1997. If you have any questions regarding this request for qualifications, please feel free to contact me. Very truly yours, Patrick D. Klaers City Administrator PDK/jkp 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 ~ity of iver February 27, i997 Dwight Poss Credit Management Resource Corp. 7517 Washington Avenue South Edina, MN 55439 Dear Mr. Poss, I have been directed by the City Council to compile a short list of independent appraisers who have experience in mobile home appraisal work to complete appraisals for the mobile homes in the Elk Terrace Mobile Home Park in Elk River, MN. In this regard, your firm was submitted as one which may be qualified to complete the appraisal work. It is estimated that up to 28 mobile home units would need appraisals. The mobile home park is scheduled to close in late June, 1997, so it is anticipated that the tenants and mobile home park owner will want the appraisals completed as soon as possible. If you are interested in completing the appraisals for the mobile homes in the Elk Terrace Mobile Home Park, please submit to me as soon as possible your qualifications for doing mobile home appraisals and your experience in this work. Additional information regarding the estimated cost per mobile home appraisal and the timing for when the appraisal work could be completed would be appreciated. Finally, I would like to know if you are aware of any conflicts of interest that may exist between you, your firm, and the owners of the Elk Terrace Mobile Home Park, Earl and Lorraine Hohlen, which would prevent you from completing this appraisal work. Information on qualified appraisal firms will be presented to the Elk River City Council on March 17, 1997. If you have any questions regarding this request for qualifications, please feel free to contact me. Very truly yours, Patrick D. Klaers City Administrator PDK/jkp 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 "ity of iver March 7, 1997 Seth Foster Riverside Appraisals PO Box 279 Elk River, MN 55330 Dear Mr. Foster, I have been directed by the City Council to compile a short hst of independent appraisers who have experience in mobile home appraisal work to complete appraisals for the mobile homes in the Elk Terrace Mobile Home Park in Elk River, MN. In this regard, your firm was submitted as one which may be quahfied to complete the appraisal work. It is estimated that up to 28 mobile home units would need appraisals. The mobile home park is scheduled to close in late June, 1997, so it is anticipated that the tenants and mobile home park owner will want the appraisals completed as soon as possible. If you are interested in completing the appraisals for the mobile homes in the Elk Terrace Mobile Home Park, please submit to me as soon as possible your quahfications for doing mobile home appraisals and your experience in this work. Additional information regarding the estimated cost per mobile home appraisal and the timing for when the appraisal work could be completed would be appreciated. Finally, I would like to know if you are aware of any conflicts of interest that may exist between you, your firm, and the owners of the Elk Terrace Mobile Home Park, Earl and Lorraine Hohlen, which would prevent you from completing this appraisal work. Information on qualified appraisal firms will be presented to the Elk River City Council on March 17, 1997. If you have any questions regarding this request for qualifications, please feel free to contact me. Very truly yours, Patrick D. Klaers City Administrator PDK/jkp 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · (612) 441-7420 ° Fax: (612) 441-7425 WHEREAS, the City Council has reviewed all of the materials submitted by the Developers, the staff and the public, and has considered the recommendation of the Planning Commission and the testimony received at the Public Hearing on March 17, 1997; and WHEREAS, the Subdivision Ordinance of the City of Elk River provides that a Preliminary Plat shall not be granted unless eight (8) specific findings set forth in Section 1008.08(1)D of the Elk River Subdivision Ordinance has been met; and WHEREAS, the materials and testimony received by the City Council on the Project have raised a number of questions and concerns among the City Council Members regarding the Project and the compliance of the Project as presented with the requirements of the City Zoning and Subdivision Ordinance for issuance of a Preliminary Plat; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Elk River finds that the Project, as proposed, does not meet the standards for issuance of a Preliminary Plat set forth in Section 1008.08(1) D. of the City's Subdivision Ordinance, for the following reasons: THE PROPOSED PLAT DOES NOT TAKE INTO CONSIDERATION THE PHYSICAL CHARACTERISTICS OF THE SITE INCLUDING TOPOGRAPHY AND NATURAL VEGETATION. THE PROPOSED GRADING PLAN WILL REQUIRE SIGNIFICANT AMOUNT OF GRADING TO OCCUR RESULTING IN THE SUBSTANTIAL LOSS OF A MATURE WOODLAND AREA. A COMPLETE SUBMITTAL OF STORM DRAINAGE INFORMATION HAS NOT BEEN SUBMITTED TO ALLOW FULL REVIEW OF THE GRADING/STORM DRAINAGE PLAN. THE PROPOSED PLAT IS INCONSISTENT WITH ADJACENT DEVELOPMENT AND MAY HAVE AN ADVERSE IMPACT ON THE REASONABLE DEVELOPMENT OF THE PROJECT. o THE PROPOSED PLAT IS INCONSISTENT WITH THE COMPREHENSIVE PLAN GOALS AND POLICIES TO ENCOURAGE SUBDIVISION DESIGN WHICH PROTECTS WOODED AREAS AND NATURAL CONTOURS. THE PROPOSED SUBDIVISION INCLUDES LOTS WITH A DEPTH LESS THAN TYPICALLY REQUIRED FOR 10,000 SQUARE FOOT LOTS. Passed and adopted this 17th day of March, 1997. ATTEST: Henry A. Duitsman, Mayor Sandra A. Thackeray, City Clerk Credit Mana g ement Resource Co, rp oration 7517 Washington Avenue South · Edina, MNV 55439 (612) 828-9406 Fax (612) 941-9142 March 11, 1997 Mr. Patrick D. Klaers, City Administrator City of Elk River 13065 Orono Parkway Elk River, MN 55330 RE: Manufactured Housing Appraisals Dear Mr. Klaers: In response to your letter dated February 27, 1997, we respectfully submit our proposal, experience and qualifications for your review and consideration in anticipation of being selected as the appraiser for the manufactured homes in Elk Terrace Mobile Home Park. With over twenty years experience in finance and manufactured housing activities, and Board Certified in Manufactured Housing Valuation by the Real Estate Law Institute and the National Society of Appraiser Specialists, for which copies of my certifications are enclosed, we can provide a accurate and professional service to the City of Elk River. Please note that my Certificate in Manufactured Housing Valuation is a specific requirement in many cases for manufactured housing appraisals for the U.S. Department of Housing/Federal Housing Administration. My client base for manufactured housing appraisals include Green Tree Acceptance Corporation, Pacific Home Finance Corporation, Northgate Homes, Fridley Terrace Mobile Home Park, Landfall Terrace/Washington County HKA, and Homeowners Mortgage Corporation. Enclosed you will find a listing of names and telephone numbers of individuals you may contact concerning my qualifications and experience for reference purposes. In reference to possible conflicts with the interested parties, please be advise I have had no contact, or any personal or business relationship with Earl and Lorraine Hohlen or Elk Terrace Mobile Home Park. Should you have any questions, need further information, or wish to discuss this matter further, please no not hesitate to contact me. President Credit Management Resource Co rp,oration 7517 WashingtSn Avenue South · Edina, MN' 55439 (612) 828-9406 Fax (612) 941-9142 Dwight A.Poss References Pacific Home Finance Corporation GRR Investments Mr. Robert Ziton 941-5029 Northgate Homes Mr. Jerry Pederson 428-4123 Mobile Home Minnesota Mr. Reed Beckler 445-5131 Richard Hill Attorney at Law (Legal Testimony) 702-348-0888 Pioneer Mobile Homes Mr. Jeff Comiskey 780-2360 Fridley Terrace Mr. Don Bryyant 784-1546 ~ereby certifies that Dwight A. Poss. has successfully completed the requirements and by the action of the Officers and Directors has been declared Board Certified In Manufactured Housing Valuation Certification Number: 2455 Date Joined: May 17, 1994 Executive Officer This certificate remains the property of the Institute and must be returned on termination of certification. Professional Certification Board of the National Society of Appraiser Specialists Certification Number 2455 This is to Certify That Dwight A. Poss, MHV Board Certified in Manufactured Housing Executive Director Exp. Date Valuation Credit Mana g ement Resource Cor oration 7517 Washington Avenue South · Edina, MN 55439 (612) 828-9406 Fax (612) 941-9142 PROPOSAL TO: City of Elk River Project: Elk Terrace Mobile Home Park Date March 11, 1997 Detail: Approximately 28 Homes in the above park to be appraised based on Manufactured Housing, Personal Property Standards (Non-Real), and Appraisers Certification and Statement of Limitations, which is attached. Manufactured homes to be appraised based on current condition, without repairs. Appraisal will be based without Park Adjustment and market data analysis. A original of the appraisal and a Certificate of Value will be issued on each home, and delivered as directed by the client. Delivery of completed appraisal documents will be within thirty days of acceptance of the proposal Fees: $125.00 per unit, with a minimum of twenty eight units. One-third payment at time of acceptance, one third at 50% completion, and the balance due at final completion and delivery. All normal expenses to be paid by appraiser. THIS PROPOSAL VALID FOR 45 DAYS .UMBER 119 712 CERTIFICATE OF VALUE MANUFACTURED HOUSING CASE/FILE NO. IPREPARED FOR: or [](See below) Firm Name Address ;ity Zip Phone # (__). Ordered By State [] BORROWER I-ICLIENT [] OTHER Name Address City. Zip Phone # (__.) Ordered By State LOCATION: [] Fee Simple Land [] Rental Park Park Rating Name Address [] PUD [] Retailer Lot Total Spaces City State Zip Phone ( ) Flood Rating [] Normal Set Up [] Dig In (Excavated Set Up) []On Foundation System DESCRIPTION: Year Mfg. of Home Trade Name Size Other [] Tag-A-Long [] Expando [] Tip-Out Size__ Total Est. Living Area ........................................ I.D./Serial if X X Sq. Ft. [] Not Verified Home Overall Condition Rating [] Excellent [] Good [] Fair [] Poor APPRAISED VALUE: Cost Guide Edition - Mo./Yr. / Yellow Value Chart Page # Depreciated Replacement Value of Home $ Park In Place Location Value (I.P.L.V.) ...... $ Total Value of Accessories (less repairs) .. $ Indicated Value by the COST APPROACH I$ Fee Land Value ........................................ $ Estimated Remaining Physical Life in Year ESTIMATED MARKET VALUE ................ [$ I .(R.P.L) N.A.S. SUBSCRIBER I.D.# PRINT YOUR NAME PHONE ( ). THIS APPRAISAL REPORT DATED IS BASED ON [] If Repaired [] In Present Condition [] Completion Per Plans & Specifications AND MEETS THE N.A.S. PROFESSIONAL STANDARDS OF THE SYSTEM. SEE REVERSE SIDE OF THIS FORM FOR APPRAISER'S CERTIFICATION AND STATEMENT OF LIMITATIONS. Copyright © 1993 By National Appraisal Guides, Inc. Revised 6/93 V.P. PART A Signature of Appraiser N.A.S. FORM #3 Designation/Certification P.O. BOX 7800, COSTA MESA, CA 92628 Appraisers Certification and Statement of Limitations I HEREBY CERTIFY THAT (A) I have no undisclosed ~nterest ~n the here~n described manufactured home or its site location. (B) I have no present, nor contemplated futur,',: ~nterest in the property that is the subject matter of th=s appra~sa: report. (C) I have not been influenced ~n any manner whatsoever by race, religion, sex or nat,onal origir~tof any person residing in the property, or ~n the neighborhood wherein the manufactured home is located. (D) No impodant facts have been withheld or overlooked in estimating the subject homes' current market value. (E) It is understoo;', that my compensation for appraisal services rendered is ~n no way contingent upon the va;uation found, but is dependent only upon the delivery of th~s completed appraisal report. (F) Neither this report, any porbon of its contents, nor any copy thereof, shall be used for any purpose, (advertising, public relations, news retease~,, sales, or other med~a), by any person or entity, including the recipient client, w,thout prior, written approval of the author of th~s report and the chent. (G)This appra;sal is made on the premise that there are are no encumbrances or regulations limiting" utilization of the appraised property, other than those herein reported. (H) The legal descnpbon was taken from the identification numbers on or in the structur accessible, or from registration records, if available, and no inspection of the t~tle was made. It ~s assumed that the registered/legal owners have right to pass tit~: (I) No liability is assumed for the legal character or influences affecting the property. (J) No engineering tests have been made, and no responsibility is assumed, fo: the soundness of the structure. (K) It ~s assumed that efficient on-site management and adequate maintenance shall exist in connecbon with the future use of thi:; rental/lease park, P.U.D., or fee property, other than those reported. (L) I (we) have personally and thoroughly inspected, both inside and out, this manufactured hom~, and made a drive-by inspection, with photographs, of each comparable sale used in the market analys~s. (M) The information contained in this report, gathered from reputedly reliable sources, cost estimates obtained from published manuals, or any other figures, values, or representations, are not in any way guaranteed as to accuracy. (N) To the best of my knowledge and behef, the facts contained in this report and upon which the opinions expressed herein are based, are correct. (O) I shall not be required to testify, or appear in court by reason of this appraisal report, with reference to the property described herein, without prior arrangements made with my consent. My consent can be given accordingly, as time permits and for a fee charged for such expert testimony. (P) Any breach of the above listed prowsions shall render the material contained herein invalid and subject the violator to any and all liability resulting from such actions. FORMALDEHYDE - Building products or materials normally used in the construction of mobile/manufactured homes may release airborne contaminents or Formaldehyde vapors into the home. Prior to February 11, 1985, there were no governmental standards or requirements relating to the emission of vapors or contaminents from residential building products or materials. With no established standards, and not being a trained air quality expert, it is submitled at the time of this appraisal I did not detect any unusual air emissions or vapors. A Formaldehyde notice is required in all new mobile homes sold as per H.U.D. Code T~tle 24 Part 32-8. RADON GAS - In certain areas of the United States a naturally occurring radioactive gas may form in or under some site built homes. On September 12, 1988, the federal public health service issued a lung cancer threat notice. It ~s submitted at the time of this appraisal, as I am not a trained E.P.A. Air Quality Tester. This appraisal is based on the assumption this subject home is free of a hazardous radon gas level. POLLUTION HARZARDS - Some mobile home parks and/or sites have been developed on land fills. This appraisal does not include a report or tests to indicate whether past or current activities in, on or near the subject home have contaminated its soil, water or facilities. (National Environmental Policy Act of 1967.) (Appraiser) Print Name (Review Appraiser) Print Name Date Phone (__ Firm Name I personally inspected property I [] did [] did not inspect property (REV 1/91 V.P) Address Signature of Appraiser Signature of Review Appraiser City State Zip Copyright ,,c2 1993 by National Appraisal Guides, Inc. All Rights Reserved. No part of this Iorm may be reproduced, stored in a retrievel system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without prior written permission of National Appraisal Guides, Inc. NAS. FORM #3 CASE/FILE NO. It is a Question of Value NATIONAL APPRAISAL SYSTEM A Division of National Appraisal Guides P.O. Box 7800, Costa Mesa, CA 92628 (800) 966-6232 FAX (714) 556-8715 WORKSHEET TELEPHONE APPRAISAL ASSIGNMENT Date Time Log # Client Contact Phone ( ) Who is paying for appraisal? APPRAISE: [] Home Only [] Home and Accessories Only [] Home, Accessories and Location Special Instructions Give Verbal Report By: PROPERTY TO BE APPRAISED Year Manufacturer Name Trade Name [] None Required Home Size By Other (w~O,H) ~.~T,-,I Area ID/Serial No(s) (WIDTH) By. (LENGTH) Retailer's Name Phone ( ) Real Estate Broker Phone ( ) Person to Contact [] Park Name Address LOCATION OF PROPERTY Phone ( ) [] Retailer's Lot Address Phone ( ) [] Fee Simple Land Ask for comparable sales. You need: date sold, year manufactured, trade name, size, selling price, terms, source, address, and name of seller. The criteria that should be met for comparables are:. 1) Date of sale (up to I year maximum.) 2) Must be of a similar width size (single wide to single wide, etc.) 3) Located in same park or in another park, not further than 10 miles away. Have someone meet the appraiser at the home to allow access and have a check for $ made payable to Date scheduled Copyright © 1992 by National Appraisal Guides Time N.A.S. FORM #2 Updated 1/92 VoP. PAGE A GENERAL INSTRUCTIONS ,,, Complete this worksheet on the subject home and a comparable drive-by inspection on each comparable used. The N.A.D.A. Mobile Home Manufactured Housing Appraisal Guide is the modified summation approach to value. Values reflected in the publication are based on market data received from a variety of sources in the nine N.A.D.A. national regions, and these values represent a sited (delivered and set up) structure in current year depreciated replacement retail dollars. In the absence of local, reliable, similar comparable sales data, the values are considered to be FAIR MARKET RETAIL VALUES. CONDITION GUIDELINES This is a brief explanation of guidelines. See the National Appraisal System Field Instruction Manual for more in-depth explanations and guidelines. Excellent ....... Home is new or like new, very attractive and highly desirable. Good .............. Normal wea- and tear visable, but home is well maintained, still attractive, desirable and useful. Fair ................ Minor deterioration apparent due to both the climate and the deferred maintenance, less attractive, but obviously useful. Poor ............... Signs of structural deterioration obvious, missing or broken component items, definitely undesirable and marginally useful. CARPET, DRAPERY, APPLIANCES, COMPONENTS AND ACCESSORIES are adjusted for remaining useful life and condition on page #4 and #5 of this worksheet. An ACCESSORY is a feature or item which goes with the home, but is not built in or perma- nently attached to the home (skirting, awnings, porch/decks, etc.) and is built to code. A COMPONENT is considered to be anything which is built into the manufactured home or added to it in such a way that it becomes an essential part of the home and is built to code. IMPORTANT, READ THIS ! When filling out this worksheet, do not use the Condition Adjustment or Park Rating Pages found in the Green Section Part 3 of the N.A.D.A. Guide Book. Adjustment guidelines are found in the back of the National Appraisal System Field Instruction Manual for the following: 1. Condition Adjustment and Remaining Physical Life (RPL) 2. Sales Ratio Adjustment Percentage (For Box D Page 7) 3. Miscellaneous repair or replacement costs 4. Other Additive Value Items MARKET ANALYSIS The comparative approach should be used (when reliable data is available) to adjust a guide book retail value and/or the appraisal system rental park In-Place Location Value (I.P.L.V.), to reflect local market conditions. National Appraisal Guides, Inc. is not responsible for the proper completion of this form. The information published in this form is of our opinion only and is what we believe to be an accurate reflection of the national average. However, wherever known, local values should be used when there are any appreciable differences. The page format and values contained in this form may be changed without prior notification or public notice. It is suggested that the appraiser use the latest revision of this form to reflect the current market trends. Copyright © 1992 by National Appraisal Guides, Inc. All rights reserved. No part of this form may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without prior written permission of National Appraisal Guides, Inc. PAGE B N.A.S. Form #2 Updated 1/92 V.P. PREPARED FOR: Firm Name TITLE PAGE CASE/FILE NO. NATIONAL APPRAISAL SYSTEM A Division of Nationat Apl:,raisal Guides P.O. Box 7800, Costa Mesa, CA 92628 (800) 966-6232 FAX (714) 556-8715 Address City State Zip Phone ( ) Ordered by APPRAISAL PURPOSE: To estimate the market value of the subject property this date / / APPRAISE: I--lAs-is r-]As repaired [] Per plans and specifications for:[] FHA I--IVA [] Seller [] Purchaser [] Lender [] Listing [] Foreclosure property Other (list) CLIENT: Name Address Apt/Space #, City State, Zip Phone ( ) LEGAL OWNER OF RECORD: Name Address City State Zip Phone ( ) LEGAL DESCRIPTION: Address City State Map Reference Census Tract Tax Code Zip APPRAISER: Name Firm Address city Phone ( State Zip CERTIFICATE OF VALUE FORM NUMBER N.A.S. SUBSCRIBER ACCOUNT I.D. NUMBER Copyright © 1992 by National Appraisal Guides N.A.S. Form #2 Updated 1/92 V.P. PAGE 1 Year Trade Name Manufacturer Name SUBJECT Home Size__ X ~ = Sq. Ft, []Tag-A-Long [] Expando [] Tip-Out [] None X__ = Sq. Ft. Estimated Total Living Area/Perimeter Ratio = Sq. Ft. FLOOR PLAN Bedrooms: [] 1 []2 [] 3 []4 Baths: []1 []1t.2 i-"1 134 []2 Front: [] Kitchen [] Living Room [] Bedroom Other (List) Total Room Count IDENTIFICATION NO.(S), CONST. CODES, STICKERS/LABELS ID Serial No, ts) Const. Code Label No.(s) Tax Assessment Sticker No,ts) Vehicle Type License No.(s) Veh. Type Reg. Tab No.(s). HUD Compliance Cert./List Location Set-up, Installation Approved, Sticker No. Smoke Detector(s)/# of Units -- [] Not verified []HUD []State []ANSI Std. Al19.1 []None For yr. __ By State of Expiration Date [] N/A [:::] State [] Local Power Source: [] Wired in 110 Volt [] Battery Water Heater (gas) Label Approved for MH Installation [] Yes VALUE SUMMARY Guide Edition ,.o.fh / w.-"~- Codes ,.~o. / White Section Part 1 Page # Yellow Section Chart # ~ 1. Book Value of Main Structure__ __ Other: [] Tag-A-Long [] Expando []None [] None [] None [] None [] None [] None [] No [] N/A Elect. Unit yrs. Gray Page # sf&le Estimated Physical Life $ State Code [] Tip-Out [] None Subtotal I ~ Location Adjustment Total Guide Book Retail Value 2. Condition Adjustment (See System Manual Guidelines for percentage.) x Rated: I"-I Excellent [] Good [] Fair [] Poor From Page #3 (A)[$ 3. Running Gear: [] Not Inspected Wheels w/Tire(s) [] OK Missing # deduct $55.00 ea. $<'> Tow 8ar(s) [] OK Missing # deduct $125.00 ea. $ <'> Axle w/Hub(s) [] OK Missing #~ deduct $245.00 ea. $ Frame(s) [] OK Missing # .. deduct $1,050.00 ea $ <'> 4. Repairs of home __From Page #3 (B) $<'> 5. Components__ __From Page #4 (C) $ 6. Depreciated Replacement Value of Home Sum of Lines A, 3, B & C (6)15 7. Park Adj. From Pg. 7 (D) Sales Ratio % Park Adj. (E) (-+) .-- % ~ " Equals Total of Home and Park Location (7) IS Total X ..% tl~)r reference onlyi __ From Page #5 (F) $ + __ From Page #5 (G) $ <'> Sum of lines 7, F & G (10){5 { __ + or <-> From Page # 8 tH) $ (11) S+ _Sum of lines 10, H & 1115 J [] Completion Per Plans and Specifications 8. In Park Location Value (IPLV') + or <-> [ (Subtract Line 6 from Line 7) I 9. Accessories ....... Repairs of accessories__ 10. Indicated value by the Cost Approach a. Comparable market adjustment 11. Land Value [] See Attachment 12. ESTIMATED MARKET VALUE [] Il Repaired [] In Present Conditon Date Signature o! Appraiser PAGE 2 Updated 1/92 V.P. Designation*Certificatio,, FEATURES C~rcle Problem Circle Condition LIST DEFERRED MAINTENANCE BELOW Cost of Items With Points Repairs Running Gear: [] Not Inspected Frame: [] Not inspected (If missing, deduct on Page #2 line 3.) Evidence of Systems or Structure Modifications? [] Yes [] No Ewclence of Fire or Windstorm Damage? [] Yes [] No Exterior Check Exterior Paint/Roof of Unit for Doors/Entry H,U.D./State or Left-Side ANSI A119.1 Std. Right-Side Construction Front-Side Code Labels Rear-Side Storm-Doors RATING/POINTS Storm-Windows ExcL 62 Good 48 Screens-Doors Screens-Windows Fair 34 Poor 20 [] Living Room [] Dining Room Walls Excl. 13 Good 8 Doors Ceilings Fair 4 Poor 2 Windows/Drapes [] Family [] Great Room -- [] Den Carpeting Floor Linoleum Excl. 13 Good 8 None 6 Light Fixtures Fair 4 Poor 2 Kitchen HUD Compliance ExcI. 9 Good 6 Certificate (Post 1975) Walls Fair 3 Poor 2 Doors . [] Utility Room [] Nook Ceilings Excl. 9 Good 6 Windows/Curtains None 4 Floor Covering Fair 3 Poor 2 Counter Tops Sinks Hallway(s) Faucets Cabinets/Doors Excl. 9 Good 6 None 2 Light Fixtures Fair 3 Poor 2 Master Walls ExcL 9 Good 6 Doors Ceilings Fair 3 Poor 2 Windows/Curtains Second Floor Covering Excl. 9 Good 6 Cabinets/Doors None 4 Faucets Fair 3 Poor 2 Lavatories Other Water Closets Excl. 9 Good 6 Tub/Showers None 4 Light Fixtures Fair 3 Poor 2 Master HUD Compliance Excl. 6 Good 4 Certificate (Post 1975) Walls Fair 2 Poor I Second Doors Excl. 6 Good 4 Ceilings None 3 Windows Fair 2 Poor 1 Carpeting Third Floor Linoleum Excl. 6 Good 4 Closets/Doors None 3 W/R Doors Fair 2 Poor 1 Olher Light Fixtures ExcL 6 Good 4 Drapes None 3 Curtains Fair 2 Poor 1 Misc. Has No Point Value I(a) TOTAL $ , I (Transfer to Line 4 Page 2) TOTAL POINTS (A) (~.o- ^.o~sl CONDITION [] EXCELLENT (140 & Above) Note: Use Important Notice Section Page #10 RATING [] GOOD (139-103) for additional comments, or attach addendum [] FAIR (102-61) sheet(s) if necessary. [] POOR (60 or Less) (Transfer to Page 82 Line 2) ' Updated 1/92 V.P. PAGE 3 COMPONENTS I NEW ,-2YRS t 3'4YRS I 5+YRS EXTENTION Underline Items Circle Dollar Amounts ~ I HOUSE TYPE ROOFING (INCl.. EAVES) (Rolled Galvanized Metal Standard) By Floor Size . x =sq. ft. i$ .94 I $ .77 I $ .59 I $ .43 $ HOUSE TYPE SIDING (MEASURE) (Vertical Corrugated Aluminum Standard) Sides & Ends= lin. ft, 8.03 6.58 i 5.13 3,68 $ WINDOWS/DOORS (Over Standard) Walk-A-Bay # .. each 419 344 268 193 $ Bow/Trapezoid # each 392 287 251 180 $ Garden # ... each 288 211 184 133 $ Skylight # each 169 138 108 77 $ Storms, Single/Multi-wide 253/425 208/349 161/272 116/195 $ Dual Glazed, Single/Multi-wide 326/661 !268/542 209/423 201/304 $ Sliding Glass Door # .. each 297 244 191 137 $ (Average Grade Quality', CARPETING Single Wide 650 533 I 416 299 $ Multi-wide 835 685 535 384 $ BATHROOMS (Standard Fixtures) 1/2 (Commode & Lavi, Only)~#- each 464 380 I 297 213 $ 3/4 (With Shower Only) ' # __ each 742 609 475 342 $ Full ('With Tub, Etc.) # each 835 685 535 384 $ BATH FIXTURES (Over Standard) Fiberglass Shower Stall 277 228 177 128 $ Fiberglass Tub-Combo 392 321 251 180 $ Garden Tub 464 380 297 213 $ Tub Enclosure (Glass) 109 90 70 50 $ Marble Lavatory Tops 185 152 118 85 $ Porcelain Fixtures 113 93 53 41 $ KITCHEN APPLIANCES , (All Makes and Capacities) Single Door Refrigerator 371 304 237 171 $ Double Door Refrigerator 490 402 314 226 $ S/S Door Refrigerator 808 663 517 372 $ Frost Free (Add) 103 84 66 47 $ Icemaker (Including Plumbing) 134 110 85 62 $ Cook Top and Oven (Built-in) 634 465 406 291 $ Range Over/Under (Eye Level) 827 681 531 382 $ Range 30" Free Standing 519 425 333 239 $ Microwave Oven (Built-in) 473 387 303 217 $ Dishwasher (Built-in) 362 297 232 166 $ Garbage Disposal 76 63 48 35 $ Trash Compactor 345 283 220 159 $ Stainless Steel Sink 102 63 65 47 $ HEATING-PLUMBING-ELECTRIC (All Makes and Fuels) Baseboard Unit (Electric) -- # . each 77 64 I 50 36 $ Furnace 69,000 or Less BTU's 287 236 184 132 $ Furnace 70-85,000 BTU's 408 335 261 187 $ Furnace 90,000 or More BTU's 523 430 335 241 $ Aircond. Ready Furnace 232 191 148 107 $ W/P Washer/220-volt Dryer 155 127 99 71 $ 150-200 Amp. Electric Main 232 191 148 107 $ 20-Gal Water Heater 99 81 63 45 $ 30-Gal Water Heater .... 129 106 82 60 $ ' 40-Gal Water Heater 144 118 93 66 $ 50-Gal Water Heater 166 137 107 77 $ OTHER . (Custom Built-in) Fireplace (Built-in) 1,557 1,277 997 717 $ Mirrored W/R Doors ~# set ea. 185 151 118 85 $ Security System 644 527 411 298 $ Smoke Detectors-- #~ each 67 55 43 30 $ Intercom/Radio System 248 204 158 114 $ Bar.Walk.up 353 289 216 163 $ Bar-Walk Behind 666 547 426 307 $ Overhead Cooler Duct # each 645 220 173 125 $ Cooler Roof Vent W/5-wa)/Switch 118 97 76 55 $ (List and Assign Value) $ $ I(C) TOTAL $ (Transfer to Line 5 PaTe 21 PAGE 4 Updated 1/92 V.P. 1-2 YRS J 3-4 YRS~ 5* YRS EXTENTION ACCESSORIESunoer,,ne .ems I UNITS NEW C,rcle Dollar Amounts / CENTRAL AIR CONDITIONING SYSTEMS (AH Makes Up or Down Flow) 2 1/2- Ton-- 30,000 BTU's-- # each $1492.00 $1223.00 $ 955.00 $686.00 E 3 - Ton-- 36,000 BTU's-- # each 1569.00 1287.00 1004.00 722.00 5 3 ~/2 - Ton -- 42.000 BTU's # each 1732.00 1420.00 1108.00 797.00 $ 4. Ton 48,000 BTU's-- # each 1832.00 1502.00 1172.C.~ 843.00 $ 5-Ton 60,000BTU's--# each 2184.00 1791.00 1398.00 1005.00 $ Gas (All Makes Up or Down Flow) 3 - Ton # each 3584.00 2939.00 I 2294.00 1649.00 $ 4-Ton # each 4816.00 3948.00I 3082.00 2215.00 $ Heat Pumps & Self. Contained (All Makes Up or Down Flow) 3-Ton 36,000BTU's--# each 2778.00, 2278.0011778.00 ,1278.00 5 3 t/2. Ton-- 42,000 BTU's--# each 2971.00 2436.00I 11901'00 1367.00 $ 4-Ton 48,000BTU's--# each 3349.00 2746.00 2143.00 1541.00 $ Window/Wall Mount (Al1 ,',4akes 1 lO-Voll Only) 8,000 BTU's # each 477.00 391.00 I 305.00 219.00 $ 12,000 BTU's # each 684.00 561.00I 438'00 315.00: $ 18,000 BTU's # each 810.00 664.00 518.00 373.00 $ Coolers - Roof or Window/Wall Mount (All Sizes and Drafts) Evaporator Water Units # eachl 631.00 517.00 I 404.00 290.00 $ AWNINGS - Includes Permits & Safety Stakes (Custom Installed) Window. No. X = sq. ft. 4.76 3.90 3.05 2.19 $ Free Standing __X__= sq. ft. 7.05 5.78 4.51 3.24 $ Carport -- X.__= _sq. ft. 4.23 3.46 2.70 1.94 $ Patio X = sq. ft. 4.23 3.46 2.70 1.94 $ UNITIZING(awn.trim)Total Lin. Ft. lin. ft. 3.86 3.23 2.52 1.81 $ PORCHES / DECKS - With carpet, rails (add for steps) (Custom Installed) Width to 8 ft. Length lin. ft. 47.00 39.00 30.00 22.00 $ Width over 8 ft. Length lin.ft' 64.00 53.00 41.00 30.00 $ Steps w/Rail Set of (Custom) # each: 206.00 169.00 132.00 95.00 $ ENCLOSURE ROOMS (Requires Roof) (Custom Installed) Screen Only (w/Kickplate) lin. ft. 45.00 37.00 29.00 21.00 $ Honeycomb Insul. Wall (wNVindows) lin. ft. 61.00 50.00 39.00 28.00 $ Suspended Ceiling .X = sq. ft. 3.86 3.17 2.47 1.78 $ Doors (People) # each 129.00 106.00 82.00 60.00 $ SKIRTING (Custom Installed) Metal or Vinyl (Vertical)/Split Block lin. ft. 4.29 3.51 2.75 1.97 $ Shiplap (Horizontal) lin. ft. 8.93 7.22 5.72 4.10 $ Masonite lin. ft. 11.05 9.06 7.07 5.08 $ Simulated Stone (Fiberglass) lin. ft. 13.52 11.08 8.66 6.21 $ ADD.A.ROOMS/GARAGES-Site built to local code (Custom Installed) with wood or metal exterior siding (includes foundation) Metal Roof X = sq. ft. 13.83 11.34 ' 8.85 6.36 $ House Type Roof __X__= sq. ft. 15.12 12.40 9.68 6.95 $ Plumbing (Water, Drain & Fixtures) 700.00 574.00 448.00 322.00 $ Electrical (110 or 220 Volt) 340.00 279.00 217.00 157.00 $ Doors (People) # each 125.00 103.00 80.00 58.00 $ Doors (Auto) # each 245.00 202.00 157.00 114.00 $ Windows (Std. Sizes) # each 40,00 33.00 26.00 18.00 $ Finished Interior (All Types) X__= __ sq. ft. 2.50 2.20 1,90 1.70 $ STORAGE BUILDINGS # each (Custom Built) Aluminum (Vertical). X = sq. ft. 6.46' 5.30 4.14 2.97 $ Shiplap. X = sq. ft. 8.58 7.04 5.50 3.94 $ Masonite orWood X__=__sq. ft. 11.17 9.15 7.15 5.13 $ Steel X = sq. ft. 4.23 3.46 2.70 1.94 $ MISCELLANEOUS (List & Assign Value · Adjust lot Homemade/Omit Items, Unique Costs. Etc. $ $ I(F) TOTAL $ ITransfer fo L~ne 9 Pacle 2 COST OF REPAIRS FOR EXTERIOR ACCESSORIES CLis~ and Ass,gn Value) $ $ $ I(G) TOTAL $ (Transfer to Line 9 Page 2) ~'~'~'~ Updated 1/92 V.P. PAGE PARK LOCATION ADJUSTMENT IF SUBJECT LOCATED ON [] RETAILER LOT OR [] FEE SIMPLE LAND (OMIT THIS PAGE) NAME DATE PARK OPENED ADDRESS TOTAL SPACES CITY STATE ~ ZIP PARK PHONE ( ) MGR'S NAME MGR'S PHONE ( ) MGR'S SPACE/LOT NO. HUD IDENTIFIED FLOOD HAZARD ZONE [] YES [] NO NATL. FLOOD INS. MAP DATE __ MONTHLY RENT/LEASE FOR SPACE # IS $ AND INCLUDES []WATER [] TRASH[] SEWER[] ELECTRIC []GAS []USE OF REC. FAC. []USE OF R,V. STORAGE t'-] OTHER (LIST) PARK - by regulation is I-1. OPEN PARK (Any age) [] ADULT 80% (55 & over) [] ADULT 100% (62 & over) WEIGHTED POINT SYSTEM- CHECK THE APPROPRIATE BOX & TOTAL THE POINTS BELOW HOMES IN GENERAL Homes Skirled with Manufactured Skirting Homes Well Maintained Homes with Patio and Carport Awnings (Custom) Homes with Hitches Covered or Removed Homes with Deluxe Custom Porches w/Rail Homes with Deluxe Custom Steps w/Rail Homes with Landscaping (Trees. Flowers. Bushes, Lawns, etc.)- 1. SUB TOTAL PARK IN GENERAL Proximity to Shopping Proximity to Schools Proximity to Employment Centers Proximity lo Public Transportation Condition of Entrance/Streets Vacant Sites Maintained (If None. Check Excellent Box) General Landscaping of Park Overall Appearance Fencing/Walls Surrounding Location 2. SUB TOTAL SPACE/LOT FEATURES IN GENERAL Well Maintained Lots Homes on Either Side are of Similar Age/Condition Surrounding Homes in Good Repair 3. SUB TOTAL SPECIFIC SPACE/LOT LOCATION Frontage on Lake or Golf Course View or Next to Recreation Facilities Average Location in Park Next to Entrance or Storage Area(s) 4. SUB TOTAL PARK FEATURES · CHECK APPROPRIATE BOX IF YES ALL MOST SOME NONE 100-90°o 89-50°. 49-26% 25°° & Under Ds O4 ~ 2 O o [] 7 [] 5 [] 3 [] 1 ~ 10 ~ 8 [] 6 [] 4 05 [:34 02[:30 ~ 10 [] S [] 6 [] 4 [-] 5 ~ 4 J--J 2 ~j--I 0 ~o Ds [] 2 [] o EXCL, GOOD FAIR POOR 1.4 mi, 5-10 mi, 11-15 rni, 16 mL & over ["1S [] 6 ["1 4 [-] 2 [] 8 [] 6 [] 4 [] 2 08 [] 6 D 4 [] 2 O10 [] S [] 6 [] 4 [] 5 [] 4 [] 2 [] 0 [] 8 [] 6 [] 4 [] 2 [] 10 [] 8 [] 6 [] 4 ALL MOST SOME NONE 100-90% 89-50% 49-26% 25% & under [] 8 [] 6 [] 4 [] 2 [] s [] 4 [] 2 [] 0 D ? [] s ~ 3 [] t [] 10 [] 6 [] 4 [] 3 Swimming Pool [] 2 Street Ughts [] 4 Jacuzzi or Sauna Bath ['"1 3 On Duty Management [] 1 Street Signs I~ 1 Car Wash Facilities [] 5 Public Utilites Metered [] 4 Paved Oflstreet Parking [] 3 Satellite TV Facilities ["] 5 Concrete Patio/Slabs [] 5 Paved Street [] 4 Cluster Mail Box Delivery [] 2 Laundry Facilities r-I 3 Recreation Buildings [] 3 Private Water/Sewage [] 8 Individual Mail Delivery [] 2 Storage Area for RV's System [] 2 Underground Utilities [] 1 Paved Carl3orts [] 3 Concealed Waste/Trash [] 2 Underground T.V. [] 2 Concrete Carports Garbage Containers [] 2 Sidewalks [] 1 Underground Phone [] 2 Spa 5. SUB TOTAL .... + .... SUB TOTAL .... + .... SUB TOTAL - __ USING THIS TOTAL POINT COUNT. CHECK THE APPROPRIATE PARK RATING BOX ON PAGE 7. ('THIS IS NOT A PARK DEVELOPMENT APPRAISAL FORM) PAGE 6 Updated 1/92 V.P. TOTAL POINTS ',~'A ~6/L pempdn 9 ~ ~ 0 ~ ~ ~ , . ~ ~ 0 ~ . ~_ 0~ ~ ut ~e i ue 'l~elqns I0 enleA palco pul eql uu ._. .... ~, a_ · J elqeJed~O9 eql . i Il - - ..... ~,,,-~ -ua ,3alans uee~mq uo,mueA luemllu6,S lo ,. SISXqVNV ViVa PARK SUMMARY IF SUBJECT LOCATED ON [] RETAILER LOT OR[] FEE SIMPLE LAND (OMIT THIS PAGE) RV ADJUSTMENT [] If the Park iS New to 2 years old and still Count the Total Number of Park Spaces Rented to filling, use a ratio of 100% in the block below. Overnight Motor Homes or Travel Trailers or Park Model Units. List the number of Used Homes for Sale (List count) If over 10% of total spaces,  List the number of Vacant Spaces~ drop one rating level Total Check a box See system Manual Guideline for Ratio I % below (Check One) I--INo, Adjustment (under 10%) (Transfer to Line 7 Page 2) DYes, Drop One Rating Level (D) SALES RATIO VACANCY ADJUST~ PARK RATING List total number of vacant spaces , then divide CHECK BELOW POINTS PERCENTAGES by total number of park spaces ; This equals a [] UNIQUE ............. 192 and over .......... + 18% vacancy percentage of ............ 'l %. '1 [] EXCELLENT ........... 191 - 172 .......... + 15% CHECK ONE BELOW: L , [] GOOD ..................... 171 - 152 .......... · 10% [] STANDARD ............ 151 - 132 .......... + 7% [] Park is new to 2 years old and is filling, no adjustment. I I. FAIR .......................131 -112 ......... (-) 5% [] Park is full or percentage is under 25%, no adjustment. [] POOR ....................... 111 - 92 ......... (o) 9% [] Park is 5 years old and vacancy is greater than 50%, [] SUB-STANDARD 91 and under ..... (-) 12% drop two rating level. [] Excavated Installation ...................... .~ 15% [] Park is older than 3 years and vacancy is greater than + plus or (-) minus [ 25%, drop one rating level. (Transfer to Line 7 page 2) (E) PARK ADJUSTMENT RESTRICTIONS Occupancy/Zoning Restrictions (Describe Below) or [] See Attachment Does Home Have Right to Remain in Parkr"'l YES [] NO (If No, Describe Below) or [] See Attachment Access for Legal Transport of Home []Normal []Difficult (If Difficult, Describe Below) or []See Attachment NOTE: This weighted analysis technique is used only to establish the Subject's In-Place Location Value (~.P.L.V.), and Rating. (THIS IS NOT A PARK DEVELOPMENT APPRAISAL FORM.) COMMENTS Updated 1/92 V.P. PAGE 7 ~ -! i. ~i ' ?"%?i ," CERTIFICATE OF VALUE AND STATEMENTS ATTACH APPRAISAL CERTIFICATE WITH APPRAISER CERTIFICATION AND STATEMENT OF LIMITATIONS ALONG THE TOP OF THIS PAGE ATTACH PHOTOS OF BOTH SUBJECT HOME AND COMPARABLE SALES USED OR [] SEE ATTACHMENT It is a Question of Value NATIONAL APPRAISAL SYSTEM A DIVISION OF NATIONAL APPRAISAL GUIDES P.O. BOX 7800, COSTA MESA, CALIFORMIA 92628 (800) 966-6232 FAX (714) 556-8715 THIS FORM UPDATED 1/92 V.Po Copyright © 1992 by National Appraisal Guides, Inc. All Rights Reserved, No part of this form may be repro- duced, stored in a retrievel system, or transmitted, in any form or by any means, electronic, mechanical, photocopy- ing, recording or otherwise without prior written permission of National Appraisal Guides, Inc. LAYOUT DIAGRAM (NOT TO SCALE, BUT WITH EXTERIOR DIMENSIONS) Updated 1/92 V.P. PAGE 9 IMPORTANT NOTICE Appraiser's Comments (or use attachment) Market Correlation (or use attachment) (1) APPRAISAL PURPOSE aII' Tax Basis bD Foreclosure cI-I Value for Seller dll Value for Buyer ell Estate Valuation f II Collateral for Loan gr-3 Insurance (F&C) Claim hl--I Other (4) GUIDE BOOK INDEX GRAY SECTION If not listed in Guide, indicate by N/A or list Page # (7) PARK ADJUSTMENT From Line 7 (D) Page #2 + % MARKET DATA RETURN (2) LEGAL OWNERSHIP ail Retailer b II Lender c[] Private Party dll V.A. Insured e[] F.H.A. Insured f II P.M.I, Company gll F&C Insurance Co. h [] Other (3) ITEM(S) NOT LISTED iN GUIDE a[~] N/A (Subject was listed) bll Size c r"l Region dll Brand/Trade Name ell Manufacturer's Name f II Other (5) GUIDE BOOK PART 1 WHITE SECTION Page # or list (SVS) Page #__ (6) COST OF REPAIRS (HOME ONLY) From Line (4) Page #2 (.) $ (8) SALES RATIO From Line 7 (E) Page #2 + or (-) % SUMMARY (9) COMPARABLE MARKET ADJ. From Line (lOa) Page #2 + or (-) $ __ (-) $ (+) __%(+) %G) $ 1 2 3 4 5 6 7 8 Transfer to Red Market Data Return section on the white return copy of the Certificate of Value form. PAGE 10 Updated 1192 V.P. NUMBER 1 1 9'7 1 0 pREPARED }=OR: or [] (See below) Firm Name ~ --- ~ ---- -- Address ~_ -- State C' ..:. , ~.) .. · , _ '-- Phone Zip ~ ~ . Ordered By ' 1 ,Cfi 1,';{ (~ r [] BORROWER C lENT [] OTHER --------- Name_ !.:, ~t,,~.: ~ -- ' ' CF. RTiFiCATE OF...V..A_LU E C^SE/F"-E ^ppralse~', In youlr o~~. ................ J~,Z~ . ___..__ '"--'- DESCRIPTION: Year ]_?)96 Mfg. olHome Chi.~;F Trade Name Other [] Tag-A-Long [] Expando [] Tip-Out Size~X -- "~ Sq, Ft. Tota~ Est. Li~,ing Ar~,a; ...... :::; T"'i:'"(~';': ............... . .fff~_/,.) ;q )('~ ~/. u, '. ,.. l~JNotVerilied ID./Serial # Home Overall Condition Rating [] Excellent [] Good [] Fair [] Poor APPRAISED VALUE: #~ Cost Guide Edition-Mo./Yr. F;e~,t - / ~'~; Addr?s_ Cily "'~OCATION: /'Rental Park [] Fee Simple Land Park Rating ~State________ Yellow Value Chad Page # __ Park In Place Location Value (I.P.L.V.) ...... $$ [] PUD [] Re Total Value ol Accessories (less repairs) .. ~905. il//~ _ _--~--~~J Indicated Value by the COST APPROACH n/a ~Total ~paces Fee Land Value $ Rat,rig Name~ _ ~ . J (R.P.L.) Address --- State lti~ Zi Date Sold Sold For $ City J~ 35,905.0tl Phone (______) Flood ESTIMATED MARKET VALUE ................ [~J Normal Set Lip []Dig In (Excavated Set Up) J-]On Foundation System -'---E i'{~'},,{~l, h., Yq-,:;~-~ PtIONEL _------------- pRINT YOUR N^M ...... NAS 'SUBSCRIBER I.D." !'_ '_"~'-"~ -- · · ~'-~,':"'~,-~-ent C0ndjfio~..[~Cdmpletloh'C'er Plans ~&~pecilications : ATE°' .... ,S.AS OO" ,'"' ......... /".. R S APPRAISAL REP_O~T~D ~o,~--~7-~i- ~TANDARDS OF THE SYSTEM. ~' . -:.,; .'~..~: :'~;:,:75'.;;~::..:;:: ...... ' '" Signature o! ~,ppfatse ' '-W' 2 3 ,4 MARKET DATA RETURN COPY , PART B fl. · '~'~e TTTLE PAGE CASE/FILE NO. NATIONAL APPRAISAL SYSTEM .0. Box 7800, Costa Mes~, CA 92628 PREPARED FOR: Firm Name - Address Phone ( APPRAISAL PURPOSE: (800) 966-6232 FAX (714) S56-a71S State ~ Zip _. Orc~ered ~ ....... ~._ .r~,- To estimate the market value of the subject property this date .. 12/30 9.6 APPRAISE: ~"lAs-is C"~As repaired C'~ Per plans and specifications for:.f'-~ FHA {~VA ["-"1 Seller [] Purchaser I-~ Lender [] Listing [] Foreclosure property Other (list) CLIENT: Name .__.__~s -~hove Address. Apt/Space # City. State.,, _ Zip. Phone ( ) LEGAL OWNER OF RECORD: Name. Uako~-n. Address City Phone ( State Zip LEGAL DESCRIPTION: Address ~~_+-_ ~. ~ City Map Reference Tax Code. Sta~ ' .v~_T Zip Census Trac~ APPRAISER: Name Dwight A. ?os.~ for Credit Maria ~ ~ _ Address. 7.517' ~ash~ng~on Ave. Sou~ City. Ed.~ n'~: ~ State ZiO .~.~4 '~''' Phone ( 612 ) 828-9406. -'-"' -~ CERTIFICATE OF VALUE FORM NUMBER N.A.S. SUBSCRIBER ACCOUNT I.D. NUMBER [ 46533.87 Corn/right (~ 1992 by National A0pr~sai Guides N.A.$. Form #2 Upclate~ 1/92 V.P. PAGE H,e 1. I a Vl.s ta 16 X 66 : Sq. Fl.~, 056 ..... I I lF.I,nn,h~ [} lip-Gui [] Nolle __ X =Sq. FI. Estimated Total Living Area/Pe,i,neter Ratio = Sq. FI. -- FLOOR PLAN I ! 1 (.]2 [~] 3 L--J4 Balhs: Eli E]I~.~ [~ 13,1 I~J2 I~,h-l,,.,, [J IJvhlg Room E] Bedroom Giber Bath , ( ..,,~ iq {List) I)EH I-IFICAIION NO.(S), CONST. CODES, STICKERS/LABELS ~" ~ ~ NOI verified ~tIUD ~SIal~ ~A~SI SId. Al 19.1 ~,,,,,~,l ~li(:h.r No (S) For y~. ~ By ~ None ~,~ I {~ -,~ No {~) State of ~ None ~ ,h:m, ~ C.d ILI~I Locnllon .... ' ~ None ,,,,,,,(~) ~oit}.ils 2 ..... PowerSou~ce: ~Wi,ed{nllOVoll ~ Oatle~y ~None m ,q I nlml App,oved {or MH Inslal{Mlon ~ Yes ~ No ~ N/A Elecl. Unit ~ VALUE SUMMARY ..... ~'m~ I Fn0o m '~"~5. Yellow Secl{on Chad ~ 17~ Eslim~led Physical Life_]S_ $ 29,047.00 ~ I I:,,1 ~ lo,q {] Expnndo ~ Tip-Gui ~ None $ ~ state Code ~ Locallon Adjuslmenl ~ ~ x ]oral Guide Book nelail Vnlue ~I~. O0 ,, *dj, mi,, e d (See Syslem Manual Guidelines lo~ percentage.) x · - ' ~ % f~} [.r,llerd ~ Good U Fair U Poor F,ompagee3 ,~ ¢:,,n,' [~J Nol Inspected V:h,',,',l,~ w/'the(s) [] OK Missing ! deduct $55 00 ea. $ <'> 1,,wltn,(~) [] OK Mlsslngl~ , deducl$12$0Oea. $<'> ,',.I,, w/Ihlh(~) U OK Missing! . deducl $245.00 ea. $<'> I , n,,m (",) [] OK Missing I deduct $ !.0SO.00 ea$ <'> - ,,f h,,,,,o ~ __From Page t/3 (B) $<'> __From Page ~4 (C) $' 2,37.L'.00 -h~h.d neplacemenl Value of ttome Sum o! Lines A. 3, B & C (6)~zj ~ b~. O0 I ~i I ,.,. PO 7 (D) Sales Ratio .~/~.% Park Adj. tel (~) % ~ ~ Total X n/a % , Equals lolal of ttome and Pa,k Location {7)~$ 34 ~.~2. OO ~ n/a __ __ From Page ~'5 (Fl $ .{ .L,_~3_._0_0. ~ From Page ~5 (O) $ <'> _ Sum of ,,,es 7. F a O (~0){ $ 35, %~_00 Items With roi,lis nunnlhg Oeni:'~ Not Inspecled F,n,ne,'~J Not h, specled (If ,nl_q.;h~g. d~,ducl E~dence of Fire or ~ndslotm Damage? ~ Yes ~J' No Check Exledor Paint/Roof of Unit for Doors/Enlry tt U.O./SIRle or Lea-Side ANSI Al 1~. I SId Rlghl-Side Conshuctlon Fronl-Slde Code Labels Rear-Side SIorm-Windows Screens-Windows r~l, 34 Poo, 20 [~ Llvl.g nOGS' U D{, Walls ~cl. 13~ Good8 Ooo,s {ral~ 4 rom ~ Ceilings ~ndows~[~pes ~ ~ ramilv, ~ G,em nogs ..... Carpeting Floor Linoleum Light Fixtures rn~]~, ~ CedlficMe IPo~1197s) Wgll~ ral~ 3 Poor ~ Ceilings ~ [~¢I. ~) Good 6 ~ndows/Cuda{n{ ; ~ ~one 4 Floor Covering rnk 3 rOG, ~ Counle~ ~ops F..C~U ,J ~) Good ~ Light Flxlurew r.~ 3 Poo, ~ CelflngS Fa~ 3 Poo, 2 ~ndows/Cudeln$ g Fl°°r C°verino ~N r°°d6 Cebtnel~rs one ~.cl.~gpod 6 Light Flxturee r,,, ~ --~-~, ~ HUO C~p,o.ce ~ ooo~, F~ Linoleum '~ Excl: 6 ~ Good * Closets~oors ~one 3 W~ O~r~ Fair ~ POO~ 1 Light Fixates Omc, E.cl ~ Good 4 Cudalnl tel, ~roo, I Point k2 ,,,e 3 ) ' YPE ROOFING (INCL. EAVES)'---~ (Rolled Galvanized Melel ,:,~ ....x ...... sq. ft. J$ .94 I $ .77 IS . Y P E SIDING (MEASURE) I {Vertical Corrugated Aluminum ,1~,~ . lin. fl. S Doons 'W ..... ti each -zr,id ..... ~'---- each ......... #--- each .... ti-- each ', ,g~e, M~ dtl-wide o,t Sil,glp/Mulll-wlde · ~,~ D(,or ..... # __ each Slandard) 59 I $ .43 $ um Standard) ~ 13 3.68 $ 38 193 $ 31 180 $ 34 ( 33 $ )8 77 r2 116/195 $ .)3 201 ~304 $ )! 137 $ ilily) ~6 299 $ 553. 15 384 $ I)-, ~7 213 $ '5 342 $ ~5 384 $ '7 128 $ ~1 180 $ ~7 213 $ '0 50 $ 8 85 $ k.3 41 $ ~7 17( $ 304.00 . 4 226 $ 7 372 ;6 47 $ .5 62 $ 6 291 1 382 $ 681.00 -. 3 239 $ 3 217 $ 2 166 ~ 35 $ 127. O0 -- 3 159 $ 5 47 s) 3 36 $ 4 132 $ I 187 $ 5 241 $ ~ 107 $ ~) 71 $ ~ 107 $ 3 45 $ :) 6O $ 3 66 $ 7 77 $ Z 717 $ ~} 85 $ 1 298 $ 3 30 $' 110.0.~))(-. .... i- R I avl Only) - # ..... each h,,..m, Only) .... # __ each I,,l. FIc} '#--- each 1( I ~ ~howr, r Slall : luh Combo .~ m,", IGInss) ,.:He,IV t.[)S - I ^PPI_lANCES ,, II,~hiqerator .,,. I I~,(li(.letalor [ b,hiflernlor - (Add) ' (h~hl~illg Plumhlng} , m~d Oven (Buill-ln) yin/Under (Eye Level) ~ rme Slandtng ~ Oven {Buill-ln) mr I~isposn~ mpRclor Sle~l Sink 3-PI.UMalNO-ELECTRIC ~ 'd Untl (Eleclrlc} '-- ~ each ~9,000 or Loa~ BTU'~ -- m 85,00~ BTU'~ )o,000 or More BTU's :leady Furnace hed220-voll O~er ~mp. Electric Main alm Healer 'stet t le~te~ 'elm Healo{ 'Riot I lealer (t']uill W/FI Doors ' System ti __ set ea. 'eleclors r each 8.03 419 392 288 169 253/425 326/661 297 850 835 464 742 B35 ~77 392 ¢64 109 185 !!3 e.$81 5.13 (Over Slandan 344 I 287 ~38 208/34g 161~ 268/542244 1 209~ (Average Grade Oualil 'g~'l 535 (Slandard Fixtures 38O I 297 609 475 685 535 (Over Slandard 228 177 321 251 380 297 90 70 152 118 93 53 (All Makes and Ce 237 ~ 314 66: 517 O~ 66 11( 85 46." 406 .~t 531 42~ 333 387 3O3 ~. 232 63 48 283 220 83 65 (Ail Makes end Fuels' 64 50 236 184 335 261 43O 335 ..1 1 148 148 io6 (18 137 107 Bulll-ln 1,277 997 151 118 527 411 55 43 9n4 CENTRAL AIR CONDITIONING SYSTEMS 2 I/2 - Ton -- 30.000 BTU's -- # each 3 - Ton. 36,000 BTU's -- # each 3 1/2 - Ton -- 42,000 BTU's -- fl each 4 - Ton -- 48.000 BTU's-- #~each 5 - Ton -- 60,000 BTU's -- # each Gas 3 - Ton # each 4 - Ton # each Heal Pumps & Self-Conlelned 3 - Ton 36.000 BTU's --# each 3 I/2 - Ton -- 42.000 BTU's -~-# each 4 - Ton 48.000 BTU's --# each Window/Wall Mount (All Makes t ! O-Veil Only) 8,000 BTU's # each[ 477.001 391.00 I 305.00 12.000 BTU's #' each] 684.001 561.00 I 43800 18,000 BTU's #' 'eachI 810.00I 664.00 I Coolere.- Roof or Window/Waft Mount .: I I (All Sizes and Drafl.~) Evaporalor Waler Unils-' # eachl 631.001 517.00 1404.00 AWNINGS - Includee Permits [ Se--'~--lely-Slakes l-- (Cuslom Inslatled) - Window - No. X ~ sq Itt 4.76 / 3.90 I 3.05 Free Standing " X = sq lt.] 7.05 J 5.78 J 4.51 Carport ~ ._~_._.X~=. sq. ti.I 4.23 J 3.46 ~ 2.70 Palio~ X~= sq. ft.I 423 / 3 46 [ 2.70 UNITIZlNG(awn.lrim)Tolal Lin. Fl. ' lin. ft.I 386/ 323 ~ 252 PORCHES I DECKS. With carpe~', r-~ iadd for slep.~) -~-- (Custom I-sla,~d) Widlh to 8 ft. Lenglh lin. fl 47.0( ....... (~a~.~ o, Dow. r,o',.,) - - $1492.0U1~1223.00 ~955.00 $60600 1569.001 7~e-~.~ (00400 72200 '732.001 1420.00 ,I0800 79700 ,832.001 ,502.oo ,,7200 84300 2184.00} 1791.00 1398.00 t005.00 {All M~kes U ) or Down Flow) t . ,oo 48(6.00 3948.00 3082.00 (All Makes Up or Down Flow) -- 2778.~, 2278.001177800 1127800 2971.~ 2436.~ lg01.00 1367.00 3349.0012746.00214300 1541.00 $1,223.00 $ $ $ $ Widlh over 8 ft. ~ Length lin. ti. Steps w/Rail Set of (Custom) # ~each ENCLOSURE ROOMS (Requires Roof) . Screen Only (w/Kickplale) -- lin. fl. Honeycomb Insul. Wall (w/Windows) -- lin. ft. Suspended Ceiling __X__=__ sq. ft. Doors (People) # each SKIRTING Metal or Vinyl [Verlicbl)/Splil Block. lin. fl. Shiplap (Horlzonlal) lin. fl. Masonite lin. fl 64.0C 206.0C 450C 61.0C 3.8( 129.0(} 4.29 8.93 11.05 Simulaled Siena (Fiberglass) --_ lin. fl., t3.52 ADD-A-ROOMS/GARAGES-Sile buill lo local code --. with wood or metal exlerior siding Melal Roof ~ X :.. sq ft. House Type Roof X -- sq. ti. Plumbing (Waler, D~ain ~ F~lures)'-----'- ..... Eleclrical (1 t0 or 220 Veil) Doors (People) # each Doors (Aulo) # each Windows (SId. Sizes) # each Finished Inlerior (All Types) __X__-_ sq. fl. STORAGE BUILDINGS fl each Aluminum (Vedical). X__= sq. fl. Shiplap-. X... =~sq. fl. Masonile or Wood X _=.. sq. fl. Steel -" X = 3900 3000 53.00 41 00 169.00 13200 (Cuslom In~;lallr, 37.00 50.00 3.17 106.00 (Cuslom Inslalled)-- 3.51 ] 2 75 7.22I 5.72 9.06 7 07 11.08 866 -- (Cuslom 11.34 8 85 12.40 968 574.00 448.00 279.00 217.00 103.00 8O.0O 202.00 157.00 33.00 26.00 2.20 1.9O MISCELLANEOUS (List & Assign Value. Adjust tot Homemade/Omit Iten',s. Unique COSTS. EIc) $ $ ~r GUILIECI IOCAIEDON [] REI'AILER LOT OR [] FEE SIMPLE LAN[.) (OMIT TIIIS PAGE) ~' . _ STATE __ rIKrl ) _ MGR'SNAME :Il $ ) MGFrS SPACE/LOT NO. I'~ LOOD HAZARD ZONE [] YES [] NO NATL. FLOOD INS. ,IIIIttYRENT/L kSEFORSPACE~ IS $ IHASItI ELECTRIC •GAS []USE OF REC. FAC. []USE OF )ItlFfl (LIST). DATE PARK OPENED TOTAL SPACES__ DATE INCLUDES •WATER /.STORAGE regulation Is I OPEN PARK (Any age) [] ADULT 80% (55 & [] ADULT 100% (62 & over) WE1C ;YSTEM - CHECK THE APPROPRIATE BOX & .,,',* Skirled will ,,~c Will Mairdnhred ~,,-. wilh Patio arid Cnrpod Awnings .r?, wdh tlilches Covered or Removed ,~n~ wilh Deluxe Custom Porches w/ ,~-~ wilh [)eluxe Custom Slaps w/Rail ,~n~ wilh I nnd~c~ping (Trees. Flowers. elc. Itl GENERAL -n,ily In Shopping · ,n,ly lo Sch¢~ols - dly tO Employmenl Cenlers -hnily Io Public T~nn~podallon ~dilion of Enlrance/Sl~eels md Site~ Malnlained (11 None. mini I.andsc~plng of Park ,~.~II ~ppeafance ,ring~alls Surrounding Location 2. SUB TOTAL ALL SOME NONE 100-90% 89-$0% 49-26% 25*,* & Under 05 0" 0200 [] 05 []]]301 ~ 0~ [] 6 0 ~ m Ue 0 6 ~ 5 U ~ 0200 m O 6 O ~ O o EXCL. GOOD FAIR POOR 1.4mL 5-10 mi. 11-15 mi 16mi &over ----0e 0 6 0 4 0 2 Om O ~ 0 6 0 0 s O ~ 0 ~ 0 o m 0 ~ O ~ 0 ~o 0 ~ 0 ~ 0 m O 6 O 2 O o AL~ MOST SOME NONE ~CE, LOT EEATURES IN GENERAl lO0.9O")~ 89-50% 49-25% 25% & under ',,v,,..,a,nedLots--~/ O e\ O e 'O 4 O 2 ,m~ OD Either Side me of Similar ~e/Condilion O 6 ~O 4 O 2 O 0 ,,,,,,ding,ton,es,nGo~nep~~ O 7 ~ 5 O 3 O ' / 3. SUBTOTAL ~CIFIC SPACE/LOT LOC~ION ' .~ ~r ~ext to R~cre~tlo~a~lilies ,, ,o Eqt,ance o, St~ge A,e,(s) ..... .'. ' ~ 4. SUBTOTAL __ ' --X ' * = nK rEATU~E~ CH~CK APPROPRIATE BOX IF YES / ~ 3 On Duty Managemenl ~ 1 Slreel Signs O 1 C~W~sh Facilities ~ ~ 5 ~c Ulifdes Melered ~ 4 Paved Offslreet ParW~ O 3 S~l~lile ~ Facilities / ~ 5 Concml~ Pmlio/Sl~b~ ~ 5 P~ved Slreel ~ 4 Clus~r Mail Box Delivery IF SUBJECTLOCAIEDONL~RETAILERLO! OFI~] FEE SIMPLE LAND (OMI1, 11tls PAGEI RV ADJUSTMEN1 Counl the Tolal Number of Park Spaces Renled Io Overnight Motor Homes or Travel Trailers or Park Model Ual s. Il over 10% of total spaces. drop one rating level Ch :k a Adjustment (under 10%) Drop One Rating Level [] If the Park is New ears old and still filling, use a [atTo of 100";, in Ihe block below List Ihe numbnr of Used ttomes lot Sale___ Lisl lbo number of Vncanl Spa( I'~' See system Manual Guideline for (Trnnsfor 7 Page 2) (D ALES RATI VACANCY List tolal number of vacanl by tolal number of park vacancy percentage of ..... CHECK ONE BELOW: ET Park is new lo 2 old [] Park is full or [] Park is 5 years old and vacanc' drop lwo rating level. [] Park is older Ihan 3 years and vacal 25%. drop one rating level. kDJUSTMENT ~ces. , tber! divide ; 1his equals a '''[ %'1 filling, no adjuslment. no adjuslmenl. rearer than 50%, , is groalor Ihm R Occupancy/Zoning Restrictions (Describe B{ Does Home Have Right Io Remain in Park Access for Legal Transpod of Home E]Nor This weighted analysis technique is use, and Rating. ('tHIS IS NOT PARK POIN1,S ............. t92 and over ;ELLEN'[ ........... tgi - t?2 ...... ])OD .................... l?t - t52 ..... ~TANDARD ............ 1St - 132 ..... FAIR ....................... 131 - 112 ...... POOR ....................... t t I - 92 ........ [] SUB STANDARD 91 and under ..... [] Excav~led Installation ...................... + plus or (-) rninusI-' ()ran':;fnr to Line 7 (E) PARK ADJUST.M[ ICTIONS or [] See Attachment , []NO (If No, Describe Below) or [] See Atlachmerd )ifficull (Il Difficult, Describe Below) or [~]See Allact,,, IOTE: )lish lhe Sub,acrs In.Place Location Value (I.P.L v PMENT APPRAISAL FORM.) CC S ~ ....~" ,,,,,p ~ ~ a.o coH.i)a~able p~opeHiel. Il an ilem In Ihe comparable properly 19 SUperior ( I adju~ mpnl Is made. lbus redllclng ii~e IndicMed value o! ~ubjecl. I! an ilem in Ihe comparable ,"1 pht~ (~) a¢fJl~ime~tl la made. Ihua Increasing Ihe Indicated value ol Ihe subjecl. (Use Page ~f0 for market correlellon and commenle.) ,\ ?' -7 ATTACH APPRAISAL CERTIFICATE WITH APPRAISER CERTIFICATION AND STATEMENT OF LIMITATIONS ALONG THE TOP OF TIllS PAGE ATTACH PHOTOS OF BOTH SUBJECT HOME AND COMPARABLE SALES USED OR II is a Question of value SEE ATTACHMENT NATIONAL APPRAISAL SYSTEM P.O. BOX 7800, COSTA MESA, CALIFORMIA 92628 (800) 966-6232 FAX (714) 556-8715 THIS FORM UPDATED 1/92 V.P. Copyrlghl © 1992 by Nalional Appraisal Guides, Inc. All Righls Reserved No pad o! Ihis Iom~ may he mp~o. duced, slored in a ~elrievel syslem, or lransmilled, in any form or by any mean.~, elPcl or c. mechanic.a1, pholo¢Op~ recording or olherwise withoul prior wrillen permission ol Halional AppraisM LAYOUT DIAGRAM (NOT TO SCALE. BUT WITH EX~[ERIOR DIMEHSIONS) ! IMPORTANT NOTICE No~ a Real ~ro~er~v appraisal. ~p~ise~eCommente(oru~ a~acnment) Appraisal is for a manufactured ~o=e (personal proper--?). Market Correlation (or use attachment) No market correlation was comDleted No Park Adjustment was completed MARKET DATA RETURN (1) APPRAISAL PURPOSE (2) LEGAL OWNERSHIP aF''I. Tax Basis at-~ Retailer bl-~ Foreclosure b~3 Lender c{~] Value for Seller cF"~ Private Party dF"J Value for Buyer dr-~ V.A. Insured e~ Estate Valuation e~"~, F.H.A. Insured f [] Collateral for Loan f I-~ P.M.I. Com0any gr-~ Insurance (F&C) Claim gF'~ F&C insurance Co. nr'~ Other h~-I Other (4) GUIDE BOOK INDEX (5) GUIDE BOOK PART 1 GRAY SECTION WHITE SECTION If not listed in Guide, indicate Page # 125 by N/A or tist or list (SVS) Page # ~ Page # 234 (7) PARK ADJUSTMENT (8) SALES RATIO From Line 7 (O) Page #2 From Line 7 (E) Page #2 ~ n/a % .or(-) n/a % SUMMARY ~ (-)$ (3) ITEM(S) NOT LISTED IN GUIDE al-~ N/A (Subject was listed) b~'-~ Size c [] Region dl--] Brancl/Trade Name e[] Manufacturer's Name f {"3 Other (6) COST OF REPAIRS (HOME ONLY) From Line (4) Page #2 (-) $ 0 (9) COMPARABLE MARKET AD J, From Line (10al Page #2 -or(-)S 35r905-00 (+) ~%(~=) %~-) $ 2 3 ~. 5 6 7 8 Transfer to Re~ Manket Data Return secaon on t~e white return col3¥ of the Certificate of Value form. PAGE 10