Dear Ms [redacted] : This letter is in regard to the above referenced ID number and your letter dated Wednesday, March 16, I have reviewed the response by Ms***, and will try to again respond clearly and concisely regardingher concerns I was originally contracted by Ms***'s lender, Freedom Mortgage CorporationThe lender requiredme to provide them with the estimated market value of the property before they entered into a lendingcontract with the homeownerI was hired by the lenderI provided a clear report with similarcomparables to that of the subject propertyThe lender approved the report, accepted the report andpaid for the reportUpon payment, the appraisal becomes their propertyI have not had one questionby the lender as to the validity of this appraisal When I reviewed Ms***'s response, I immediately noted her fourth paragraph regarding the"difference of approximately $50,on the home if it were to be sold"There are absolutely nosimilar split entry style residences, within the giving market area, that even begin to come near thattype of value On the original report sale comparable #is miles from the subject property, is superior in squarefootage and sold for $232,The estimated market value of the subject property was $226,Inthe past year, there have been three sales within the subject plat, the highest being that of salecomparable #at $232,Two additional sales within the subject plat were rambler style residencesone at $218,and $187,This speaks simply and clearly to the $50,comment of value by thehomeowner The next four paragraphs of Ms***'s response are directed at the appraiser's ability, integrity andexperienceAll three of these qualities stand alone by issue of the history of satisfied lenders andclients Sincerely, Ronald L M [redacted] , Certified Appraiser
Dear Ms [redacted] : This letter is in regard to the above referenced ID number and your letter dated Wednesday, March 16, I have reviewed the response by Ms***, and will try to again respond clearly and concisely regardingher concerns I was originally contracted by Ms***'s lender, Freedom Mortgage CorporationThe lender requiredme to provide them with the estimated market value of the property before they entered into a lendingcontract with the homeownerI was hired by the lenderI provided a clear report with similarcomparables to that of the subject propertyThe lender approved the report, accepted the report andpaid for the reportUpon payment, the appraisal becomes their propertyI have not had one questionby the lender as to the validity of this appraisal When I reviewed Ms***'s response, I immediately noted her fourth paragraph regarding the"difference of approximately $50,on the home if it were to be sold"There are absolutely nosimilar split entry style residences, within the giving market area, that even begin to come near thattype of value On the original report sale comparable #is miles from the subject property, is superior in squarefootage and sold for $232,The estimated market value of the subject property was $226,Inthe past year, there have been three sales within the subject plat, the highest being that of salecomparable #at $232,Two additional sales within the subject plat were rambler style residencesone at $218,and $187,This speaks simply and clearly to the $50,comment of value by thehomeowner The next four paragraphs of Ms***'s response are directed at the appraiser's ability, integrity andexperienceAll three of these qualities stand alone by issue of the history of satisfied lenders andclients Sincerely, Ronald L M [redacted] , Certified Appraiser