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Our appraisal report will consist of an analysis of the property utilizing the three traditional approaches to value (costs, sales comparison and income), if applicable.  This appraisal will be prepared in conformity with the Uniform Standards of Professional Appraisal Practice (USPAP).  Attached to this proposal letter is a set of standard assumptions and limiting conditions.  Your appraisal will be prepared subject to the Assumptions and Conditions and are considered part of this proposal.

We look forward to the opportunity to serve all your real estate appraisal needs!