Value Report is provided
by an objective third party source on an AS IS, AS AVAILABLE BASIS, WITH NO
WARRANTY OR GUARANTEE AS TO ITS ACCURACY, COMMERCIAL VALUE, MERCHANTABILITY OR
FITNESS FOR USE IN REAL ESTATE TRANSACTION. The accompanying sales data will
help you better understand general values and sales activity in the area. This
report also indicates current market conditions by analyzing appreciation,
foreclosure activity and general sales trends in the area. We also urge you to
seek the advice of real estate professionals whenever considering the sale or
purchase of a home.
The predicted value reports are based upon automated valuation algorithms,
based on data from public record sources and computer decision logic combined
to provide a logical calculated estimate of the value of a residential
property. Periodically, the information in the Reports are used in lieu of an
appraisal, but the calculated values ARE NOT AN APPRAISAL as defined by the
Uniform Standards of Professional Appraisal Practice (USPAP). THE ACCURACY OF
THE METHODOLOGY USED TO DEVELOP THEREPORTS, THE EXISTENCE OF THE SUBJECT
PROPERTY, AND THE ACCURACY OF THE PREDICTED VALUE, ARE ESTIMATIONS OF VALUE
BASED ON AVAILABLE DATA AND ARE NOT GUARANTEED OR WARRANTIED. The current
condition of the subject property and current market conditions can create a
variance of value from the valuations indicated in the Reports. The Reports do
not include a physical inspection of the subject property or a visual
inspection or analysis of current market conditions by a licensed or certified
appraiser, which is typically included in a full and formal appraisal.
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