Dear Prospective Client,
From the wording of your request I feel there might be some confusion as compliance on my part doing what you have asked, the way it is worded, would mean you and I both would be committing federal loan fraud. Because the resulting fraudulent real estate appraisal would certainly become a federal lending document later. Case in point, if you consider the effective date of that prior real estate appraisal, located at ................................ in the report, you will note this was a date subtantially prior to the closing of that sale to your current borrower, the buyer at that time. So briefly, your current borrower, the buyer, did not own the property on that date. To make it look as if they did would be fraudulent. So I am sure this is not what you intended. That means you have to have an opinion of value as of a point in time your borrower actually owned the real estate. That would be a new appraisal assignment.
To move forward, we need to identify what your needs really are. Please recheck the lending requirements on the specific loan type you are working with regarding the appraisal requirements and contact me so we can discuss the options available. I can best aid you in working with your borrower in this manner.
Thank You,
Appraiser
