Is the 3Y Estimate an appraisal?

No. The 3Y Estimate is not an appraisal and is not an opinion of market value under USPAP. It is a decision-support figure for evaluating an income-producing property against your selected goal.

What the 3Y Estimate is

The 3Y Estimate is a decision-support figure. It shows the price a deal can support under your selected investor goal and the assumptions used in the analysis.

What it is not

The 3Y Estimate is not an appraisal, not an opinion of market value, and not a USPAP valuation.

What not to use it for

Do not rely on the 3Y Estimate as a substitute for a licensed appraisal, lending valuation, tax valuation, insurance valuation, legal advice, tax advice, or professional due diligence.

Why the distinction matters

An appraisal is designed to estimate market value under specific professional standards. 3Y is designed to help investors understand whether the financial profile of an income-producing property supports their selected goal.

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