Full record / TBD Sherman Rd Germfask MI 49836.pdf

TBD Sherman Rd Germfask MI 49836.pdf

Joseph Metivier Petitioner V Township Of Portage Respondent · 26-002568-TT

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Page 1

APPRAISAL OF REAL PROPERTY

TBD Sherman Rd

Germfask, MI 49868

See attached addenda.

The State Savings Bank of Mansitque

101 S Cedar Street Manistique, MI 49854

906-341-4600

jsegerstrom@statesavingsbank.com

297,000

07/22/2025

Kristine McCraren

Northern Living Appraisals

13551 Winding Woods Run

Newberry, MI 49868

906-630-1834

NorthernLivingAppraisals@gmail.com

Form GA1V - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

LOCATED AT

FOR

OPINION OF VALUE

AS OF

BY

Page 2

Joseph Metiver and Laura Tanski

250722MT

TBD Sherman Rd

Germfask

Mackinac

MI

49868

The State Savings Bank of Mansitque

APPRAISAL AND REPORT IDENTIFICATION

2-2(a)

2-2(b)

Comments on Standards Rule 2-3

I certify that, to the best of my knowledge and belief:

- The statements of fact contained in this report are true and correct.

- The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal, impartial, and unbiased professional 

analyses, opinions, and conclusions.

- Unless otherwise indicated, I have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved.

- Unless otherwise indicated, I have performed no services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year 

period immediately preceding acceptance of this assignment.

- I have no bias with respect to the property that is the subject of this report or the parties involved with this assignment.

- My engagement in this assignment was not contingent upon developing or reporting predetermined results.

- My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the 

client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly related to the intended use of this appraisal.

- My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice that 

were in effect at the time this report was prepared.

- Unless otherwise indicated, I have made a personal inspection of the property that is the subject of this report.

- Unless otherwise indicated, no one provided significant real property appraisal assistance to the person signing this certification.

90 days

The market is seasonal in this area. Most properties in this area are listed in the spring and summer months. 

Comments on Appraisal and Report Identification

Note any USPAP-related issues requiring disclosure and any state mandated requirements:

Appraisers are required to be licensed by the state of Michigan Department of Licensing & Regulatory Affairs, P.O. Box 30018, Lansing, MI

48909.

The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency and has noted in

this appraisal report whether any portion of the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is

not a surveyor, he or she makes no guarantees, express or implied, regarding this determination.

I have performed NO services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the

three-year period immediately preceding acceptance of this assignment.

Kristine McCraren

State Licensed Real Estate Appraiser

1203075514

MI

07/31/2025

07/22/2025

07/22/2025

07/22/2025

Form ID20E - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Borrower

Lender/Client

File No.

Property Address

City

County

State

Zip Code

This Report is one of the following types:

Appraisal Report

(A written report prepared under Standards Rule

, pursuant to the Scope of Work, as disclosed elsewhere in this report.)

Restricted

Appraisal Report

(A written report prepared under Standards Rule

, pursuant to the Scope of Work, as disclosed elsewhere in this report,

restricted to the stated intended use only by the specified client and any other named intended user(s).)

Reasonable Exposure Time

(USPAP defines Exposure Time as the estimated length of time that the property interest being

appraised would have been offered on the market prior to the hypothetical consummation of a sale at market value on the effective date of the appraisal.)

My Opinion of Reasonable Exposure Time for the subject property at the market value stated in this report is:

APPRAISER:

Signature:

Name:

State Certification #:

or State License #:

State:

Expiration Date of Certification or License:

Date of Signature and Report:

Effective Date of Appraisal:

Inspection of Subject:

None

Interior and Exterior

Exterior-Only

Date of Inspection (if applicable):

SUPERVISORY or CO-APPRAISER (if applicable):

Signature:

Name:

State Certification #:

or State License #:

State:

Expiration Date of Certification or License:

Date of Signature:

Inspection of Subject:

None

Interior and Exterior

Exterior-Only

Date of Inspection (if applicable):

Page 3

Northern Living Appraisals

13551 Winding Woods Run

Newberry, MI 49868

906-630-1834

07/22/2025

The State Savings Bank of Mansitque

101 S Cedar Street Manistique, MI 49854

906-341-4600

jsegerstrom@statesavingsbank.com

Re: Property:

TBD Sherman Rd

Germfask, MI 49868

Borrower:

Joseph Metiver and Laura Tanski

File No.:

250722MT

Opinion of Value: $

297,000

Effective Date:

07/22/2025

In accordance with your request, we have appraised the above referenced property. The report of that appraisal is 

attached.

The purpose of the appraisal is to develop an opinion of market value for the property described in this appraisal 

report, as improved, in unencumbered fee simple title of ownership.

This report is based on a physical analysis of the site and improvements, a locational analysis of the neighborhood and 

city, and an economic analysis of the market for properties such as the subject. The appraisal was developed and the 

report was prepared in accordance with the Uniform Standards of Professional Appraisal Practice.

The opinion of value reported above is as of the stated effective date and is contingent upon the certification and 

limiting conditions attached.

It has been a pleasure to assist you. Please do not hesitate to contact me or any of my staff if we can be of additional 

service to you.

Sincerely,

Kristine McCraren

State Licensed Real Estate Appraiser

License or Certification #: 1203075514

State: MI Expires: 07/31/2025

NorthernLivingAppraisals@gmail.com

Page 4

Northern Living Appraisals

250722MT

Joseph Metiver and Laura Tanski

9503.00

SEC34, T44N, R12W

TBD Sherman Rd

Germfask

Mackinac

MI

49868

See attached addenda.

280,000

7/07/2025

6,425

0

0

The State Savings Bank of Mansitque

101 S Cedar Street Manistique, MI 49854

Vacant

Kristine McCraren

Provide estimated market value for mortgage

50

1

0

1

13

2

0

33

Forestry and Conservation

0

50,000

650,000

225,000

1

140

55

See attached addenda.

Irregular, non-adverse

R-2 Lakeshore Residential

None

None

None

None

Gravel

Wooded Uplands

23.34 ac

Irregular

Lake, Woods

Natural

The site is typical as to the size, and 

topography for the area. Surface drainage appears to be adequate due to elevation of the dwelling however, seasonal variations may occur 

and subsurface drainage conditions are unknown. The waterfront was determined by the survey provided. 

TBD Sherman Rd

Germfask, MI 49868

280,000

$/WFF

209.42

7/07/2025

Rural Waterfront

23.34 ac/1337'WF

Topography

Wooded Uplands

Utilities

None

Improvements

None

Beach

Vegetation

ArmLth, Conv

0

W19110 Diller Rd

Germfask, MI 49836

4.23 miles NW

465,000

35,769

UPARMLS#50114569, DOM 265

05/29/2024

0

Rural Waterfront

50.00 ac/1300' WF

-67,500

Wooded Uplands

Electric Installed

-15,000

OldLogHome/OutBd

-70,000

Vegetation

ArmLth, Conv

0

-152,500

312,500

TBD Shoepac Bay Condo

Germfask, MI 49836

0.63 miles N

130,000

650

UPARMLS#50082992, DOM 148

01/24/2023

-13,000

Rural Waterfront

5.10 ac/200' WF

+140,000

Sloped, Clearing

-10,000

Electric, Point Well

-17,000

None

Sandy, Vegetation

-10,000

ArmLth; Cash

0

0

90,000

220,000

0 H-33

McMillan, MI 49853

7.73 miles NE

265,000

815.38

EUPMLS#23137, DOM 413

04/24/2024

0

Rural Waterfront

5.50 ac/325' WF

+50,000

Heavily Wooded

0

None

None

Wooded

-10,000

ArmLth, Cash

0

0

0

40,000

305,000

See attached addenda.

The Intended User of this appraisal report is the Lender/Client. The Intended Use is to evaluate the property that is

the subject of this appraisal for a mortgage finance transaction, subject to the stated Scope of Work, purpose of the appraisal, reporting requirements of 

this appraisal report form, and Definition of Market Value. No additional Intended Users are identified by the appraiser. 

The sales approach is the best approach for vacant land. Similar properties are not typically purchased for an income 

stream. The final estimated value was determined by the following weights:Comp 1 @ 41.87%, Comp 2 @ 13.74% and Comp 3 @ 44.39%.

07/22/2025

297,000

Kristine McCraren

07/22/2025

State Licensed Real Estate Appraiser

1203075514

MI

07/31/2025

07/22/2025

Form LAND - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

LAND APPRAISAL REPORT

File No.

SUBJECT

Borrower

Census Tract

Map Reference

Property Address

City

County

State

Zip Code

Legal Description

Sale Price $

Date of Sale

Loan Term

yrs.

Property Rights Appraised

Fee

Leasehold

De Minimis PUD

Actual Real Estate Taxes $

(yr)

Loan charges to be paid by seller $

Other sales concessions

Lender/Client

Address

Occupant

Appraiser

Instructions to Appraiser

NEIGHBORHOOD

Location

Urban

Suburban

Rural

Built Up

Over 75%

25% to 75%

Under 25%

Growth Rate

Fully Dev.

Rapid

Steady

Slow

Property Values

Increasing

Stable

Declining

Demand/Supply

Shortage

In Balance

Oversupply

Marketing Time

Under 3 Mos.

4-6 Mos.

Over 6 Mos.

Present

Land Use

% One-Unit

% 2-4 Unit

% Apts.

% Condo

% Commercial

% Industrial

% Vacant

%

Change in Present

Land Use

Not Likely

Likely (*)

Taking Place (*)

(*) From

To

Predominant Occupancy

Owner

Tenant

% Vacant

One-Unit Price Range

$

to $

Predominant Value $

One-Unit Age Range

yrs. to

yrs.

Predominant Age

yrs.

Good

Avg.

Fair

Poor

Employment Stability

Convenience to Employment

Convenience to Shopping

Convenience to Schools

Adequacy of Public Transportation

Recreational Facilities

Adequacy of Utilities

Property Compatibility

Protection from Detrimental Conditions

Police and Fire Protection

General Appearance of Properties

Appeal to Market

Comments including those factors, favorable or unfavorable, affecting marketability (e.g. public parks, schools, view, noise)

SITE

Dimensions

=

Corner Lot

Zoning Classification

Present Improvements

Do

Do Not

Conform to Zoning Regulations

Highest and Best Use

Present Use

Other (specify)

Public

Other (Describe)

Elec.

Gas

Water

San. Sewer

Underground Elect. & Tel.

OFF SITE IMPROVEMENTS

Street Access

Public

Private

Surface

Maintenance

Public

Private

Storm Sewer

Curb/Gutter

Sidewalk

Street Lights

Topo

Size

Shape

View

Drainage

Is the property located in a FEMA Special Flood Hazard Area?

Yes

No

Comments (favorable or unfavorable including any apparent adverse easements, encroachments, or other adverse conditions)

MARKET DATA ANALYSIS

The undersigned has recited the following recent sales of properties most similar and proximate to subject and has considered these in the market analysis. The description

includes a dollar adjustment reflecting market reaction to those items of significant variation between the subject and comparable properties. If a significant item in the

comparable property is superior to or more favorable than the subject property, a minus (–) adjustment is made, thus reducing the indicated value of subject; if a

significant item in the comparable is inferior to or less favorable than the subject property, a plus (+) adjustment is made thus increasing the indicated value of the subject.

ITEM

SUBJECT PROPERTY

COMPARABLE NO. 1

COMPARABLE NO. 2

COMPARABLE NO. 3

Address

Proximity to Subject

Sales Price

$

$

$

$

Price

$

$

$

$

Data Source(s)

ITEM

DESCRIPTION

DESCRIPTION

+( )$ Adjust.

–

DESCRIPTION

+( )$ Adjust.

–

DESCRIPTION

+( )$ Adjust.

–

Date of Sale/Time Adj.

Location

Site/View

Sales or Financing

Concessions

Net Adj. (Total)

+

–

$

+

–

$

+

–

$

Indicated Value

of Subject

$

$

$

Comments on Market Data

RECONCILIATION

Comments and Conditions of Appraisal

Final Reconciliation

I (WE) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE SUBJECT PROPERTY AS OF

TO BE $

Appraiser

Date of Signature and Report

Title

State Certification #

ST

Or State License #

ST

Expiration Date of State Certification or License

Date of Inspection (if applicable)

Supervisory Appraiser (if applicable)

Date of Signature

Title

State Certification #

ST

Or State License #

ST

Expiration Date of State Certification or License

Did

Did Not Inspect Property

Date of Inspection

08/11

Page 5

Form PICPIX.SR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Subject Photo Page

Joseph Metiver and Laura Tanski

TBD Sherman Rd

Germfask

Mackinac

MI

49868

The State Savings Bank of Mansitque

Subject Front

Sales Price

Gross Living Area

Total Rooms

Total Bedrooms

Total Bathrooms

Location

View

Site

Quality

Age

TBD Sherman Rd

280,000

Rural Waterfront

23.34 ac/1337'WF

Subject Rear

Subject Street

Borrower

Lender/Client

Property Address

City

County

State

Zip Code

Page 6

Form PICSIX2 - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Photograph Addendum

Joseph Metiver and Laura Tanski

TBD Sherman Rd

Germfask

Mackinac

MI

49868

The State Savings Bank of Mansitque

Wooded Lot

Wooded Uplands

Wooded Uplands

Wooded Uplands

Waterfront

Point Lot

Waterfront

Point Lot

Borrower

Lender/Client

Property Address

City

County

State

Zip Code

Page 7

• Land: Legal Description

SEC 34 T44N R12W COMM AT W 1/4 COR OF SEC 34 TH S 89 DEG 02'49"E 1338.96 FT ALONG 1/4 LINE TO POB TH CONT S 89

DEG 02'49"E 932.14 FT ALONG 1/4 LINE TO SHORE OF MANISTIQUE LAKE TH ALONG SHORE S 01 DEG 03'40"E 94.64 FT TH

ALONG SHORE S 53 DEG 35'51"E 93.02 FT TH ALONG SHORE S 44 DEG 15'32"E 148.42 FT TH ALONG SHORE S 55 DEG 36'33"E

252.58 FT TH ALONG SHORE S 37 DEG 37'17"E 225.23 FT TH ALONG SHORE S 30 DEG 30'08" E 164.25 FT TH ALONG SHORE S

11 DEG 07' 58"W 176.73 FT TH ALONG SHORE S 23 DEG 03'18"W 183.33 FT TH LEAVING SHORE N 89 DEG 35'55'W 254.48 FT

TH N 67 DEG 41' 13"W 654.54 FT TH N 44 DEG 21'43"W 826.15 FT TO W LINE OF LOT 3 TH N 0 DEG 31'48"E 235.24 FT ALONG W

LINE OF LOT 3 TO POB. PART OF LOT 3.

PARCEL ID# 49-010-134-023-00

• Land: Neighborhood Comments

The subject property is located in an area known are the Manistique Lakes Area. Improvements in this area range from small cabins and

cottages to quality frame and custom homes and manufactured housing. Improvements to the neighborhood consist of both primary and

secondary residences with average to good maintenance. Recreational activities are abundant in this area with 3 large lakes and ORV

trails nearby. The school district is Tahquamenon Area Schools, Employment, shopping and a hospital are located in Newberry located

about 15 miles northeast.

• Land: Market Data Comments

A search was conducted in the Eastern Upper Peninsula and the Upper Peninsula of Realtor Multiple Listing Services for vacant

waterfront land with 5-100 acres located on the Manistique Lake or surrounding interior lakes. The three most relevant sales were used.

Comparable 1 had similar waterfront with additional acreage. This had an abandon log home with a garage and out buildings that had

little value. I adjusted the site at $2500 per acre and gave $50,000 for the old log structure and $10,000 for the old garage. 

Comparable 2 was used for its nearby location with 5 acres. I adjusted the site at $125 per waterfront foot and rounded. 

Comparable 3 was used for its 5.5 acres and 325' of waterfront on Big Manistique Lake. I used $75 per waterfront foot for the site

adjustments. 

I used the price per sold waterfront foot and multiple regression to determine these adjustments. 

2023 was the peak of the market, this is the reason for the time adjustment for Comparable sale 2. The market in this area is now

stable. 

Supplemental Addendum

Form TADD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

250722MT

Joseph Metiver and Laura Tanski

TBD Sherman Rd

Germfask

Mackinac

MI

49868

The State Savings Bank of Mansitque

Borrower

Lender/Client

Property Address

City

County

State

Zip Code

File No.

Page 8

Form PICPIX.CR - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Comparable Photo Page

Joseph Metiver and Laura Tanski

TBD Sherman Rd

Germfask

Mackinac

MI

49868

The State Savings Bank of Mansitque

Comparable 1

Prox. to Subject

Sale Price

Gross Living Area

Total Rooms

Total Bedrooms

Total Bathrooms

Location

View

Site

Quality

Age

W19110 Diller Rd

4.23 miles NW

465,000

Rural Waterfront

50.00 ac/1300' WF

Comparable 2

Prox. to Subject

Sale Price

Gross Living Area

Total Rooms

Total Bedrooms

Total Bathrooms

Location

View

Site

Quality

Age

TBD Shoepac Bay Condo

0.63 miles N

130,000

Rural Waterfront

5.10 ac/200' WF

Comparable 3

Prox. to Subject

Sale Price

Gross Living Area

Total Rooms

Total Bedrooms

Total Bathrooms

Location

View

Site

Quality

Age

0 H-33

7.73 miles NE

265,000

Rural Waterfront

5.50 ac/325' WF

Borrower

Lender/Client

Property Address

City

County

State

Zip Code

Page 9

Survey

Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 10

Form MAP.FLOOD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Flood Map

Joseph Metiver and Laura Tanski

TBD Sherman Rd

Germfask

Mackinac

MI

49868

The State Savings Bank of Mansitque

Borrower

Lender/Client

Property Address

City

County

State

Zip Code

Page 11

Form MAP.LOC - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Location Map

Joseph Metiver and Laura Tanski

TBD Sherman Rd

Germfask

Mackinac

MI

49868

The State Savings Bank of Mansitque

Borrower

Lender/Client

Property Address

City

County

State

Zip Code

Page 12

250722MT

DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market 

under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price 

is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the 

passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are 

well informed or well advised, and each acting in what they consider their own best interests; (3) a reasonable time is allowed 

for exposure in the open market; (4) payment is made in terms of cash in U.S. dollars or in terms of financial arrangements 

comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or 

creative financing or sales concessions* granted by anyone associated with the sale. (Source: FDIC Interagency Appraisal and 

Evaluation Guidelines, 2010.)

* Adjustments to the comparables must be made for special or creative financing or sales concessions. No 

adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a 

market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. 

Special or creative financing adjustments can be made to the comparable property by comparisons to financing 

terms offered by a third party institutional lender that is not already involved in the property or transaction. Any 

adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the 

dollar amount of any adjustment should approximate the market's reaction to the financing or concessions based 

on the appraiser's judgment.

STATEMENT OF LIMITING CONDITIONS AND CERTIFICATION

CONTINGENT AND LIMITING CONDITIONS: The appraiser's certification that appears in the appraisal report is subject to the 

following conditions:

1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title 

to it. The appraiser assumes that the title is good and marketable and, therefore, will not render any opinions about the title. 

The property is valued on the basis of it being under responsible ownership.

2. Any sketch provided in the appraisal report may show approximate dimensions of the improvements and is included only to 

assist the reader of the report in visualizing the property. The appraiser has made no survey of the property.

3. The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, 

unless specific arrangements to do so have been made beforehand, or as otherwise required by law.

4. Any distribution of valuation between land and improvements in the report applies only under the existing program of 

utilization. These separate valuations of the land and improvements must not be used in conjunction with any other appraisal 

and are invalid if they are so used.

5. The appraiser has no knowledge of any hidden or unapparent conditions of the property or adverse environmental 

conditions (including the presence of hazardous waste, toxic substances, etc.) that would make the property more or less 

valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied, 

regarding the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any 

engineering or testing that might be required to discover whether such conditions exist. This appraisal report must not be 

considered an environmental assessment of the subject property.

6. The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources 

that he or she considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility 

for the accuracy of such items that were furnished by other parties.

7. The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of 

Professional Appraisal Practice, and any applicable federal, state or local laws.

8. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory 

completion, repairs, or alterations on the assumption that completion of the improvements will be performed in a workmanlike 

manner.

9. The appraiser must provide his or her prior written consent before the lender/client specified in the appraisal report can 

distribute the appraisal report (including conclusions about the property value, the appraiser's identity and professional 

designations, and references to any professional appraisal organizations or the firm with which the appraiser is associated) to 

anyone other than the borrower; the mortgagee or its successors and assigns; the mortgage insurer; consultants; professional 

appraisal organizations; any state or federally approved financial institution; or any department, agency, or instrumentality of 

the United States or any state or the District of Columbia; except that the lender/client may distribute the property description 

section of the report only to data collection or reporting service(s) without having to obtain the appraiser's prior written 

consent. The appraiser's written consent and approval must also be obtained before the appraisal can be conveyed by anyone 

to the public through advertising, public relations, news, sales, or other media.

10. The appraiser is not an employee of the company or individual(s) ordering this report and compensation is not contingent 

upon the reporting of a predetermined value or direction of value or upon an action or event resulting from the analysis, 

opinions, conclusions, or the use of this report. This assignment is not based on a required minimum, specific valuation, or 

the approval of a loan.

Form ACR2 DEFD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

File No.

Page 1 of 2

Page 13

250722MT

CERTIFICATION: The appraiser certifies and agrees that:

1. The statements of fact contained in this report are true and correct.

2. The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and 

are my personal, impartial, and unbiased professional analyses, opinions, and conclusions.

3. Unless otherwise indicated, I have no present or prospective interest in the property that is the subject of this report and no 

personal interest with respect to the parties involved.

4. Unless otherwise indicated, I have performed no services, as an appraiser or in any other capacity, regarding the property 

that is the subject of this report within the three-year period immediately preceding acceptance of this assignment.

5. I have no bias with respect to the property that is the subject of this report or the parties involved with this assignment.

6. My engagement in this assignment was not contingent upon developing or reporting predetermined results.

7. My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined 

value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated 

result, or the occurrence of a subsequent event directly related to the intended use of this appraisal.

8. My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform 

Standards of Professional Appraisal Practice that were in effect at the time this report was prepared.

9. Unless otherwise indicated, I have made a personal inspection of the interior and exterior areas of the property that is the 

subject of this report, and the exteriors of all properties listed as comparables.

10. Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) signing this 

certification (if there are exceptions, the name of each individual providing significant real property appraisal assistance is 

stated elsewhere in this report).

TBD Sherman Rd, Germfask, MI 49868

Kristine McCraren

Title:

State Licensed Real Estate Appraiser

1203075514

MI

07/31/2025

07/22/2025

Form ACR2 DEFD - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

File No.

ADDRESS OF PROPERTY ANALYZED:

APPRAISER:

Signature:

Name:

State Certification #:

or State License #:

State:

Expiration Date of Certification or License:

Date Signed:

SUPERVISORY or CO-APPRAISER (if applicable):

Signature:

Name:

State Certification #:

or State License #:

State:

Expiration Date of Certification or License:

Date Signed:

Did

Did Not

Inspect Property

Page 2 of 2

Page 14

Purchase Agreement - Page 1

Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 15

Purchase Agreement - Page 2

Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 16

Purchase Agreement - Page 3

Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 17

Purchase Agreement - Page 4

Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 18

Purchase Agreement - Page 5

Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 19

Purchase Agreement - Page 6

Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 20

Purchase Agreement - Page 7

Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 21

Exhibit A to the Purchase Agreement

Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

Page 22

Appraiser License

Form SCNLGL - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAMODE

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