REQUEST FOR APPRAISAL RECONSIDERATION

PLEASE E-MAIL THIS FORM AND ANY SUPPORTING DOCUMENTATION TO: reconsiderations@landsafe.com OR FAX TO: 888-626-8452
Examples of Acceptable Information for a Reconsideration:
A Reconsideration Request may be submitted when additional market information exists or additional facts about the subject's physical condition exist that were not included in the original appraisal and the information is materially relevant to the conclusions in the appraisal report (e.g. opinion of value, property condition rating, housing trends, etc). A Reconsideration is conducted as a result of a disagreement with appraisal report opinion(s) based on additional data not included in the original appraisal report. The completion of Reconsideration may or may not result in a change to the report or the value opinion. Refer to the possible Reconsideration items listed below, which may include additional comparables that closed prior to the effective date of the appraisal report that were not considered or concerns with information or comparables that were in the original appraisal. Check the applicable box(es) and provide any necessary supporting or clarifying information.

Examples of Unacceptable Information for a Reconsideration: Do not submit an appraisal; you may list the comparable information from a prior appraisal in the comparable section below. Do not submit any analysis that points to a specific value or value range (e.g., Zillow.com value estimate, AVM) Supporting Documentation Provided (check the appropriate box): Subject Sketch Other: BORROWER INFORMATION: Date: Property Address: City: State: Zip: REQUESTOR INFORMATION ONLY: Requested by: Requestors email: If FHA, DE Underwriter Name: Ph #: Company: Return Reconsideration to (email): DE UW Ph#: INVESTOR INFORMATION: Is this file being sold to Bank of America? Yes No Yes No Initials DE CHUMS #: Order Reference #: Borrower Name:

Will the investor accept a Value Opinion from LandSafe?

ADDITIONAL COMPARABLE INFORMATION SUBMITTED FOR RECONSIDERATION (Limit to five comparables)

Additional Comparable Information: Closed sales - List address, verifiable source document (MLS, public record, contact #), and closing date of additional comparables. Additional comparables submitted must be recent, proximate and similar and must have closed prior to the effective date of the appraisal. Please limit to five comparables. Listings or pending sales - Listings that were in effect prior to the effective date of the appraisal may be submitted with closed comparables. Listings or pending sales alone may not be sufficient to justify a change in the appraisal report. Subject is new construction - The following builder sales are acceptable for consideration: (i) Verifiable competing builder sales; and (ii) Subject builder sales verified through an independent source(s), such as, a disinterested party to the subject transaction or a signed and dated HUD-1. Sale or Sale or List Closed Verifiable Verification New Comps Are: Comparable Address 1 - More similar in features Pending Price Date Doc or Contact 2 - Located closer to subject or Listing MLS#
3 - Closed more recently 4 - More similar in condition

$ $ $ $ $

CONCERNS REGARDING ORIGINAL APPRAISAL COMPARABLES FOR RECONSIDERATION Check the box for each applicable issue. If comments are not also provided, the issue may not be addressed. Applicable Original Appraisal Comparable # The following information suggests a different Comparable(s) #: Comment: adjustment for one of the subjects features Comparable(s) #: Comment: (e.g., site, view, condition, GLA, etc.): Comparable(s) #: Comment: Analysis of this comparable did not Comparable(s) #: Comment: consider the following differences: (e.g., Comparable(s) #: Comment: location, feature, view): Comparable(s) #: Comment: The following information is being provided Comparable(s) #: Comment: regarding the noted comparable: Comparable(s) #: Comment: Comparable(s) #: Comment: (Refer to page 2 for Other Concerns for Reconsideration)

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OTHER CONCERNS FOR RECONSIDERATION Check the box for each applicable additional item for Reconsideration. If comments are not also provided, the issue may not be addressed. Neighborhood Information: Consider the following information regarding the subject Neighborhood Characteristics (Rural, Suburban, Urban): Housing Price Trends: Consider the following housing price trends information in the Market Conditions Addendum (1004MC) : Appraisers housing trends in the Market Conditions Addendum (1004MC) in the appraisal report do not appear to have been adequately analyzed and addressed in the Sales Comparison Approach based on the following:

Comparable Sale Selection in the Sales Comparison Approach: The following information regarding date of sale/time adjustments is not consistent with the conclusions indicated in the appraisal report: Comparables are more than 1 mile from the subject (Urban, Suburban) or the subjects neighborhood is Rural and the comparables are over 10 miles away, and such comparable(s) are given greatest consideration in the appraisal. However, other more similar closed sales were located closer to the subject (Please provide these sales in the section provided on the first page of this form). Exhibits (Check each applicable box and attach relevant documentation as an exhibit(s) to the Request for Reconsideration): Significant disagreement with the subjects Gross Living Area based on a building sketch or other attached verifiable data. Photos that support a different conclusion regarding the contributory value of the subjects improvements (brief description): Photos (interior or exterior) from a verifiable data source that support a different conclusion regarding the condition or amenities of a comparable sale(s) (brief description): If you have other concerns; please restrict your comments to factual information. Do not provide a conclusion to a specific value, value range, or direction in value; otherwise, an Appraiser Independence violation may occur and your request will be returned: Do not submit an appraisal or the Sales Comparison grid from an appraisal. Comments:
For status on your request, please call 877-LS-CLOSE (572-5673).

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