Michael Reynolds Coldwell Banker Kinard Realty

3838 OAK LAWN AVE, STE 1050
DALLAS, TX
75219
Michael Reynolds
Realtor
Property Borrower File No. Case No. -
2067
MULBERRY
LANE Kinard
Coldwell
Banker
TUNNEL
HILL,
GA.
7616 Nashville St 30755
BURRESS,
Ringgold,EUGINIA
Georgia 30736
100513X
Office: (706) 935-5599
FHA CASE #105-5799847
Realty
Mobile: (706) 346-7932
MichaelReynolds@coldwellbanker.com
Dear :
First of all, I would like to say congratulations on beginning the next step of
your career! The transition between medical school and residency will be one
In accordance with your request, I have prepared an appraisal of the real property located at 2067
of the busiest, most exciting times of your life. Just a few years ago, my wife
MULBERRY
LANE, TUNNEL HILL, GA..
and I began the same transition, and it has been an adventure to say the least.
As you know, one of the first steps after celebrating your Match results is
deciding where you will call home during your residency. The greater
The
purpose of
theis appraisal
is to
provide
an opinion
the market
value of the property described in
Chattanooga
area
beautiful and
contains
a wide
variety ofofhousing
options
the
body
of
this
report.
in both Tennessee and Georgia. As both the husband of a UT Chattanooga
surgical resident and an active member of the Greater Chattanooga
Enclosed,
findI would
the Summary
Repyou
ort to
which
describes
dat a gathered during our
Association please
of Realtors,
like to welcome
both Erlanger
and certain
the
investigation
of the property. The methods of approach and reasoning in the valuation of the various
Chattanooga area.
physical and economic factors of the subject property are contained in this report.
Purchasing a home is often the biggest investment physicians will make. It is very important to choose a professional, fulltime agent with integrity, experience, and knowledge who can assist you in making your investment. I am proud to say that
I have over 17 years of experience as a real estate appraiser, as well as 9 years of experience as a realtor, currently serving
both
Northwest of
Georgia
and the Greater
area. I amfactors,
honest, dependable,
enjoy having
opportunity
to
An
inspection
the property
and a Chattanooga
study of pertinent
including and
valuation
trendstheand
an
assist
new
residents
in
relocating
to
Chattanooga.
analysis of neighborhood data, led the appraiser to the conclusion that the market value, as of
5/18/2010 is :
Many recent medical graduates are often unaware of the financial options physicians may benefit from when purchasing a
home. There are currently multiple programs offering “Physician Loans” with low interest rates. Some even offer 100%
financing and do not factor student loan debt into your debt ratio. In addition, some loans will allow you to close as early as
$113,000
60 days prior to beginning your residency. Having recently gone through this process myself, I am familiar with loan
options currently available as well as the steps required in obtaining such a loan. It is a satisfying feeling to close on a new
The
opinion
of value
expressed
in this report
is contingent
Limiting
attached
to July 1st
home
with zero
down payment,
especially
when your
mortgage isupon
muchthe
cheaper
than Conditions
comparable rental
options.
this
willreport.
be here before you know it. There is no better time than now to begin asking questions and exploring your options!
ItAs
has
been a pleasure
to assist
you.
If I may
be ofany
further
service
the regarding
future, please
let me
a full-time
realtor, I am
available
to assist
you with
questions
that to
youyou
mayinhave
local real
estate. Please
know.
do not hesitate to call or email (MichaelReynolds@coldwellbanker.com) anytime. I look forward to assisting you in finding
your next home.
Respectfully submitted,
Congratulations and best of luck!
Expert Appraisal
Service,
Inc
Sincerely,
MICHAEL REYNOLDS
Michael Reynolds
GA Certification
#7119
Realtor