First Atlantic Appraisal Company

Response:The comparable sale in question actually sold twice. It first sold on 11/18/2015 for $50,000 (MLS #[redacted]) and later sold for $149,900 (MLS #[redacted]) on 04/27/2016. The first sale for $50,000 was to an investor who renovated the property and subsequently sold it for $149,900 as a totally...

remodeled home. The first sale for $50,000 was used as a comparable sale in the appraisal report because it was similar to the subject property in terms of condition, location, square footage, bedrooms, and baths. The second sale of this property for $149,900 was no longer similar to the subject property in terms of condition and renovations. The appraiser stands by the information within this appraisal report and has not falsified any information. The Certified Appraiser for this report is Glenn A. D[redacted] who was assisted by David Z[redacted]