Printable Loan Officer Appraisal Letter
[Your Name]
Loan Officer
[Your Company Name]
[Your Email]
October 23, 2050
Maryjane Dare
Branch Manager
Cityville Realty
Dear Maryjane,
I hope this message finds you well. As the Loan Officer at [Your Company Name], I am writing to provide a formal appraisal letter for the property located at 789 Maple Lane, Cityville, CA, which is currently under consideration for financing.
After a thorough review of the property and its surrounding area, I engaged an independent appraiser to assess its market value. The appraisal was conducted on October 20, 2050, and the final report indicates that the estimated value of the property is $450,000.
Key details from the appraisal include:
Property Type: Single-family home
Square Footage: 2,200 sq. ft.
Lot Size: 0.25 acres
Condition: Good
Recent Comparable Sales: The appraiser reviewed comparable properties in the vicinity that sold within the last six months, which support the estimated value.
This appraisal provides crucial information for our underwriting process and assures us of the property's worth of the loan amount being requested. Should you have questions regarding the appraisal or need further documentation, please reach out.
Thank you for your attention to this matter. We look forward to continuing our work together to facilitate the financing process for this property.
Sincerely,
[Your Name]
Loan Officer
[Your Company Name]
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