ARE YOU A REAL ESTATE BROKER, PROPERTY OWNER

MORTGAGE PROFESSIONAL OR ATTORNEY

And Are YOU or your client a victim of HVCC

(Housing Valuation Code of Conduct) Incompetence?

THEN READ THE FOLLOWING IMPORTANT MESSAGE

Dear Potential Client:

If you are a property owner, mortgage professional, real estate broker or attorney representing a client recently turned down for a mortgage loan due to what you perceive to be a faulty or deficient appraisal, then perhaps our appraisal review, audit, appraisal forensics and rebuttal writing service can assist you and your client.

WHAT WE DO FOR YOU:

• 115 Point appraisal review highlighting any and all deficiencies found in the appraisal report originally submitted and demonstrate how those deficiencies impacted negatively on the value reported in the original appraisal.

• Examine the General and Specific data used by the original appraiser to determine if the comparable sales used were in fact the best and most recent sales available at the time the appraisal was performed;

• Address the deficiencies noted in written format through an official appraisal review to the lender on your behalf ;

• Address the deficiencies noted in written format through an official appraisal review to the appraiser on your behalf;

• Provide comparable sales that challenge the final estimate of value reported if they exists;

• Check the data source used to develop the cost and income approaches to value if used;

• Investigate to determine if the person who signed the appraisal report is the person who inspected the property;

• Uncover any evidence necessary for “our” preparation of a Letter of Formal Complaint to the Licensing Jurisdictions in the State where the appraiser is licensed ( We serve as your “Appraisal Inspector General”

• File formal rebuttals and letters of complaint to the regulatory agency having jurisdiction of the lending institution declining the loan due to an incompetent appraisal;

• As appraisers, we make everyone standup and pay attention to the deficiencies uncovered in an appraisal report.

If we can assist you in correcting the wrong that has been done, then allow us to assist you. For a confidential interview to discuss the merits of your case please call:

718-518-8588

Our fees are as follows:

Complete appraisal review Single Family Residence: $250.00

Complete appraisal review Two, Three and Four Family Residence: $325.00

Complete Condo Review: $250.00

Complete Coop Review: $275.00*

*plus any expense for coop questionnaire

Rebuttal Letters $150.00

Letter to License, Lender, Appraiser $125.00

Complete Summary Appraisal Reports:

1 Family: $375.00+

2 Family: $475.00+

3 Family: $525.00+

4 Family: $600.00+

Over 4 family and mixed use Call

Commercial/Industrial Appraisal/Review Call

Condo Unit: $375.00+

Coop Appraisal (fee plus cost of questionnaire) $375.00+

Call

Richard Greco
Richard Greco Appraisals
Real Property Appraisers, Reviewers, Auditors, Appraisal Forensic Specialists

718-518-8588 (office)
718-319-0720 (fax)
914-447-0944 (Cell)

e-mail: Grecoappraisals@aol.com
web: www.richardgrecoappraisals.com

DON’T FORGET TO ASK ABOUT OUR REAL PROPERTY TAX ASSESSMENT
REVIEW SERVICES