Form Appraisal Report (Value Workers, Inc. Japan) Appraisal & Valuation Service

**[Summary Appraisal Report]**
In this type of service we will submit our value opinion in a form or a brief-narrative report. We recommend this service to clients who are familiar with the current market.
(Documentation Requirements) Please prepare following documentation. (e.g. Office Building) .
	1. Documents to identify the subject property. (copy)
	2. Property tax notice. (copy)
	3. Building drawings. (copy)
	4. Confirmation of construction of the building. (copy)
	5. Lease agreements (copy)
	6. Long-term repair schedule, or Engineering Report. (copy)
	7. Purchase contract. (copy)
	8. Other data & documents (copy)
	-- Any additional data, if needed.
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[Examination of new condominium price]
This service is for a financial institution which offers housing mortgages in concert with a developer of a newly built condominium. We will examine the listing prices of new condominium units for collateral assessment, so that the financial institutions can quickly answer for the loan applications. Usually, their prices are appropriate level. But sometimes, sellers intentionally offer high price list externally, and discount them internally. Or, since sometimes their prices are too high and sales do not proceed smoothly, sellers have to reduce the prices after the sales start. In these cases, financial institutions tend to lend excessive money.
(Please prepare following documentation.)
	1. Pamphlet and price list of the condominium.
	2. Data of the "start date of sale" and the "present number of unsold units".
	3. In case that the developer sold the condominium to another developer (bankruptcy, etc.).
	Copy of the land registry book, and copy of the contract between developers.

Appraisal and Valuation
Value Workers, Inc.

	20-1-303 Kitamachi, Shinjuku, Tokyo
	E-mail: info@value-workers.com
	(Please contact us via E-mail.)