Reconsideration of Value Request

Please consider the following when determining appropriate or better comparables.

In order to assure the best possible response from the appraiser, we are asking you to reduce your number of sales that the appraiser reconsider to only three. In helping you narrow your selection, here is a list of common pitfalls that we would like you to avoid:

• Providing comps that are already in the report.
• Providing comps much larger or much smaller in hopes to develop a price per sq ft defense - appraisers need to stay within a 20% size range unless no other comps exist.
• Providing comps that did not yet close as of the date of inspection - an appraiser cannot use sales after this date.
• Providing comps that are outside of the market area - the appraiser cannot overlook homes in the immediate market and will only cross over to other similar markets when no sales are available within.
• Providing comps that are all newer and fully remodeled when the subject is not and there are sales of similar condition available.
• Providing comps that all need upward adjustments - (meaning they are all inferior in some way) as investors will not accept an appraisal in which there are all upward adjustments.

Please consider this information when selecting your best three sales and take a minute to explain why you believe each of your three sales are a better representation of the subject than what is already in the report.

Reason for Reconsideration Request