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REQUEST FOR APPRAISAL OR REVIEW RECONSIDERATION

Customer Group Short Sale Real Estate Management (REM) - REO Email Address Short_Sales_LRVs@bankofamerica.com dg.REO-REM with landsafe.com

PLEASE E-MAIL THIS FORM AND ANY SUPPORTING DOCUMENTATION TO: This address can also be used for status inquiries
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 or Review and the information is materially relevant to the conclusions in the 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 value being disputed that were not considered or concerns with information or comparables that were in the value being disputed. 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 or BPO; 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: ASSET INFORMATION: Date: Property Address: City: State: Zip: REQUESTOR INFORMATION: Requested by: Requestors email: Will the investor accept a Value Opinion from LandSafe, including the possibility of concluding an alternate value? Yes No Ph #: Company: Order Reference #: Borrower Name:

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


Additional Comparable Information: Closed sales - List address, verifiable source document (MLS, public record), 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 value being disputed may be submitted with closed comparables. Listings or pending sales alone may not be sufficient to justify a change in the appraisal report. Sale or Pending or Listing Sale or List Price Closed Date Verifiable Doc or MLS# Verification Contact New Comps Are:
1 - More similar in features 2 - Located closer to subject 3 - Closed more recently 4 - More similar in condition

Comparable Address

$ $ $ $ $ CONCERNS REGARDING COMPARABLES FOR RECONSIDERATION Check the box for each applicable issue. If comments are not also provided, the issue may not be addressed. Applicable 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:

new LS recon request form1

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