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30 Jane Jones has applied for a mortgage loan from the bank of Mississippi the bank requested an appraisal property using the sale comparison approach

30
Jane Jones has applied for a mortgage loan from the bank of Mississippi the bank requested an appraisal property using the sale comparison approach answer in the space provided the following questions to fill in the highlighted areas of the appraisal market conditions into create an increase in property value of 0.45%
1- put in the value adjustments for market conditions in order from left to right as if they were in each comparable sale column for 1,2and 3 with the appropriate plus/minus sign
2-what are the values of the comparable sale properties after the market conditions adjust in order from left to right as if each were comparable sales column for 1,2 ,&3
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Elements of Comparison Sales Price of comparable Subject Transaction Adjustments comparable 1 Comparable 2 Comparable $175.000 5172,000 $163.000 Property rights conveyed Financing terms Fee Simple Same Same same Conventional Same Conditions of sale Same Same Arms Length Same Expenditure inmed, after purchase Same Same None None None None Market Condition (Sale date Months Prior) Today Adj. for market conditions (Months Prior Sale 0 4 12 Adjusted price Current Market conditions indicate an increase in property value of 0.45% per month. formace loan from the other subject Elements of Comparison Sales Price of Comparable Transaction Adjustments Property rights conveyed Comparable i comparable 2 Comparables $176,000 $172.000 5163,000 Fee Simple Same Same Financing terms Same Conventional Same Same Conditions of sale Same Arms Length Same Same Same Expenditure inmed, after purchase Market Condition (Sale date Months Prior) None None None None Today 0 4 12 Adj. for market conditions (Months Prior Sale Adjusted price Current Market conditions indicate an increase in property value of 0.45% per month

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