The URL can be used to link to this page

Browse Search

Home My WebLink About20172169.tiffAugust 9, 2017 Petitioner: SWANSON VALERIE J 1093 GREENS PL ERIE, CO 80516-4703 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE: www.co.weld.co.us 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): RE: THE BOARD OF EQUALIZATION 2017, WELD COUNTY, COLORADO NOTICE OF DECISION Docket #: 2017-2169 Appeal #: 2008217047 Hearing Date: Dear Petitioner: On the day indicated above, the Board of County Commissioners of Weld County Colorado convened and acting as the Board of Equalization, pursuant to C.R.S. Section 39-8-101 et seq., considered petition for appeal of the Weld County Assessor's valuation of your property described above, for the year 2017. Account # Decision The Assessment and valuation is set as follows: Actual Value as Actual Value as Set by Determined by Assessor Board R3272704 Stipulated - Approved Stipulated Value $700,000 $635,000 A denial of a petition, in whole or in part, by the Board of Equalization must be appealed within thirty (30) days of the date the denial is mailed to you. You must select only one of the following three (3) options for appeal: 1. Appeal to Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's decision to the Colorado Board of Assessment Appeals. A hearing before that Board will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the Board of Assessment Appeals is further appealed to the Court of Appeals pursuant to C.R.S. Section 39-8-108(2), only the record of proceedings from your hearing before the Board of Assessment Appeals and your legal brief are filed with the appellate court. All appeals to the Board of Assessment Appeals filed after August 10, 2016, MUST comply with the following provisions of C.R.S. Section 39-8-107(5): (5)(a)(I) On and after August 10, 2011, in addition to any other requirements under law, any petitioner appealing either a valuation of rent -producing commercial real property to the board of assessment appeals pursuant to section 39-8-108(1) or a denial of an abatement of taxes pursuant to section 39-10-114 shall provide to the county board of equalization or to the board of county commissioners of the county in the case of an abatement, and not to the board of assessment appeals, the following information, if applicable: (A) Actual annual rental income for two full years including the base year for the relevant property tax year; (B) Tenant reimbursements for two full years including the base year for the relevant property tax year; (C) Itemized expenses for two full years including the base year for the relevant property tax year; and (D) Rent roll data, including the name of any tenants, the address, unit, or suite number of the subject property, lease start and end dates, option terms, base rent, square footage leased, and vacant space for two full years including the base year for the relevant property tax year. (II) The petitioner shall provide the information required by subparagraph (I) of this paragraph (a) within ninety days after the appeal has been filed with the board of assessment appeals. (b)(I) The assessor, the county board of equalization, or the board of county commissioners of the county, as applicable, shall, upon request made by the petitioner, provide to a petitioner who has filed an appeal with the board of assessment appeals not more than ninety days after receipt of the petitioner's request, the following information: (A) All of the underlying data used by the county in calculating the value of the subject property that is being appealed, including the capitalization rate for such property; and (B) The names of any commercially available and copyrighted publications used in calculating the value of the subject property. (II) The party providing the information to the petitioner pursuant to subparagraph (I) of this paragraph (b) shall redact all confidential information contained therein. (c) If a petitioner fails to provide the information required by subparagraph (I) of paragraph (a) of this subsection (5) by the deadline specified in subparagraph (II) of said paragraph (a), the county may move the board of assessment appeals to compel disclosure and to issue appropriate sanctions for noncompliance with such order. The motion may be made directly by the county attorney and shall be accompanied by a certification that the county assessor or the county board of equalization has in good faith conferred or attempted to confer with such petitioner in an effort to obtain the information without action by the board of assessment appeals. If an order compelling disclosure is issued under this paragraph (c) and the petitioner fails to comply with such order, the board of assessment appeals may make such orders in regard to the noncompliance as are just and reasonable under the circumstances, including an order dismissing the action or the entry of a judgment by default against the petitioner. Interest due the taxpayer shall cease to accrue as of the date the order compelling disclosure is issued, and the accrual of interest shall resume as of the date the contested information has been provided by the taxpayer. Appeals to the Board of Assessment Appeals must be made on forms furnished by that Board, and must be mailed or delivered within thirty (30) days of the date the denial by the Board of Equalization is mailed to you. The address and telephone number of the Board of Assessment Appeals are: Board of Assessment Appeals 1313 Sherman Street, Room 315 Denver, Colorado 80203 Telephone Number: 303-864-7710 Email: baa@state.co.us Fees for Appeal to the Board of Assessment Appeals: A taxpayer representing himself is not charged for the first two (2) appeals to the Board of Assessment Appeals. A taxpayer represented by an attorney or agent must pay a fee of $101.25 per appeal. OR 2. Appeal to District Court: You have the right to appeal the decision of the Board of Equalization to the District Court of the /county wherein your property is located: in this case that is Weld County District Court. A hearing before The District Court will be the last time you may present testimony or exhibits or other evidence, or call witnesses in support of your valuation. If the decision of the District Court is further appealed to the Court of Appeals pursuant to C.R.S. Section 39-8-108(1), the rules of Colorado appellate review and C.R.S. Section 24-4-106(9), govern the process. OR 3. Binding Arbitration: You have the right to submit your case to binding arbitration. If you choose this option, the arbitrator's decision is final and you have no further right to appeal your current valuation. C.R.S. Section 39-8-108.5 governs this process. The arbitration process involves the following: a. Select an Arbitrator: You must notify the Board of Equalization that you will pursue arbitration. You and the Board of Equalization will select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator, the District Court of the county in which the property is located (i.e., Weld) will select the arbitrator. b. Arbitration Hearing Procedure: Arbitration hearings are held within sixty (60) days from the date the arbitrator is selected, and are set by the arbitrator. Both you and the Board of Equalization are entitled to participate in the hearing. The hearing is informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records documents and other evidence pertaining to the value of the property. The arbitrator also has the authority to administer oaths, and determine all questions of law and fact presented to him. The arbitration hearing may be confidential and closed to the public if you and the Board of Equalization agree. The arbitrator's decision must be delivered personally or by registered mail within ten (10) days of the arbitration hearing. c. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the Board of Equalization. In the case of residential real property, the fess may not exceed $150.00 per case. For cases other than residential real property, the arbitrator's total fees and expenses are agreed to by you and Board of Equalization, but are paid by the parties as ordered by the arbitrator. If you have questions concerning the above information, please call me at (970) 400-4226. Very truly yours, az7Le Esther E. Gesick, Clerk to the Board Weld County Board of County Commissioners and Board of Equalization Cc: Christopher Woodruff, Weld County Assessor COUNTY BOARD OF EQUALIZATION WELD COUNTY Single County Schedule Number .32727 I --nre a•ra+a nee - --arcs a Sara a-aw Fria. ea ie e.A is a- as aas-a'----.Ys-- 94 . STIPULATION (As To Tax Year 2017__ Actual Value) RE PETITION F : 3272704 NAME Nathan Swanson ADDRESS: 1093 Greens P1 Erie, CO Petitioner (s) and the Weld County Assessor hereby enter into this Stipulation regarding the tax year 2017 valuation of the subject property, and Jointly move the Board of Equalization to enter its order based on this Stipulation. Petitioner (s) and Assessor agree and stipulate as follows: 1. The property subject to this Stipulation is described as: 1 093 Greens P1, Erie, CO , The subject property is classified as Residential property. 3. The County Assessor originally assigned the fo llo i.ng actual value to the subject property for the tax year 2017: Total $700,000.00 4. After further review and negotiation, Petitioner (s) and Weld County Assessor agree to the following tax year 2017 actual value for the subject property: Total $635,000AX) 5. The valuation, as established above, shall be binding only with respect to tax year 2017. 6. Brief narrative as to why the reduction was made: Further review of comparable sales and adjusting for unfinished state 7. Both parties agree that: LJThe hearing scheduled before the Board of Equalization on (Date) at (Time) be vacated. MA hearing has not yet been scheduled before the Board of Equalization. 113 72704 1 LI DATED this 20th day of July, 2017. Petitioner(s) or Agent or Attorney Telephone: 5''cco 4.7q 49r Docket Number Stir 1.Erm 83272704 (%&ta?it)tour[ty Attorney fide' Respondent, Weld County Boa of Commissioners Address: 1150 "On Street P1O. Box 758 Greeley, CO 80632 Telephone:(870} 336-7235 0panty As - ssor Address: 1400 N 17 h Avenue Greeley, CO 60631 Telephone: (970) 353-3845 ext. 3697 From: Esther Gesick To: natedoggq@excite.com Cc: Brian Bishop; Esther Gesick Subject: RE: property assessment appeal submission error - Account #R3272704 Date: Wednesday, July 19, 2017 5:33:09 AM Attachments: R3272704 - Swanson - 20172169.pdf Good Morning Nathan, I was able to work with the Assessor's Office to remove the appeal entry on the incorrect Account ## and enter your appeal for R3272704. Because you entered the incorrect Account ## in the online portal, the system gave you feedback with the incorrect address and hearing date options (see attached submittal), so I just wanted to let you know that I have scheduled your appeal hearing for July 31, 2017, during the time block of 1:30-3:00 p.m. You will receive a hearing notice letter confirming this date and time, as well as additional information concerning the remainder of the process. Please let me know if I can be of any further assistance. Thank you, Esther E. Gesick Clerk to the Board 1150 O Street -113.0. Box 758 jGreeley, CO 80632 tel: (970) 400-4226 Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: natedoggg@excite.com [mailto:natedoggg@excite.com] Sent: Monday, July 17, 2017 3:18 PM To: Esther Gesick <egesick@weldgov.com> Subject: RE: property assessment appeal submission error Wonderful. Thanks for your assistance Esther. Nathan Swanson Original Message From: "Esther Gesick" [egesickwe1dgov.com] Date: 07/17/2017 01:28 PM To: "natedoggg@9excite.com" <natedoggg u excite.com> Subject: RE: property assessment appeal submission error Hello Mr. Swanson, Thank you for your message. I will look into the matter and get back in touch with you to confirm a resolution to this matter. Esther E. Gesick Clerk to the Board 1150 O Street JP.O. Box 758'Greeley, CO 80632 tel: (970) 400-4226 Confidentiality Notice: This electronic transmission and any attached documents or other writings are intended only for the person or entity to which it is addressed and may contain information that is privileged, confidential or otherwise protected from disclosure. If you have received this communication in error, please immediately notify sender by return e-mail and destroy the communication. Any disclosure, copying, distribution or the taking of any action concerning the contents of this communication or any attachments by anyone other than the named recipient is strictly prohibited. From: natedogggexcite.com [mailto:natedogggexcite.com] Sent: Monday, July 17, 2017 12:48 PM To: Esther Gesick cegesick@weldgov.com> Subject: property assessment appeal submission error Hello Ester, I had left a message on your voicemail, but in case email is an easier way to contact you... I had submitted an appeal to our recent property tax assessment at 1093 Greens Place, Erie CO 80516. I had made the submission online through the county website about a week ago. I got a call today from someone saying that there was an error in my appeal - the account number was incorrect. I was instructed to contact you to correct this mistake, as they apparently could not correct the mistake themselves. The correct account number is R3272704. The number that I apparently entered was R3273704. Let me know if there's anything that you need from me. Thanks for your help. Nathan Swanson From: To: Subject: Date: Attachments: weld-oboe@weldgov.com CTB-County Board of Equalization Board of Equalization Appeal Submitted Thursday, July 13, 2017 9:01:59 AM Appraisal7.pdf assessment aveal.docx Appeal Submitted: 09:01 AM on Thursday July 13, 2017 Contact Information Supplied: • Contact Name: Nathan Swanson • Contact Email: natedoggg@excite.com • Contact Phone: (505) 506 - 7995 • Email Preference: Contact through email Property: I32737O4 - , AULT Legal: ALT HS L2 HINZ SUBDIVISION Estimated Value: 555000 Reason: See attached note. Documents 1.) Appraisal7.pdf 2.) assessment_appeal.docx You have selected the following Date Preferences: Aug. 1, 2017, at 2:30 p.m. - 4:30 p.m. Aug. 2, 2017, at 1:30 p.m. - 3:00 p.m. Aug. 2, 2017, at 3:00 p.m. - 4:30 p.m. Aug. 3, 2017, at 9:00 a.m. - 11:30 a.m. INVOICE 2712201 FROM: TO: PCV Murcor 740 Corporate Center Drive Pomona, CA 91768 (909)623-4001 EIN: 95-4072376 Homestead Funding 8 Airline Drive Albany, NY 12205 Date 2/15/2016 Amount Date Description of Charges SFR Appraisal - Standard Property Owner and Address: 1093 Greens Place Erie, CO 80516 Loan No: Borrower: PCV Job No: Reference No: Contact: 160005 30 Nathan Swanson 2712201 Kristen Palmer Net 15 Days Balance Due $650.00 $650.00 Please send a copy of this invoice along with your payment THANK YOU FOR YOUR BUSINESS! PCV MURCOR www.pwmurcor.com Majo Fthaiin,Z7122Q,1_ 1_ Palle $1 pi 27 • Vantage Appraisals, Inc, 1.3 0A 30th Street 14445 Boulder, CO $0411 720=935=273ii 0 21512016 Hnnmestead. Funding Corp din Meglone Mortgage 8 Airline Drive ire Albany, NY 12205 Re: Property: Borrower: Filc No. 1093 Greens PI Erie, C0110516 Nathan Swanson 2712201 Opinion ofValue. 555,000 Effective Date: 02109/2016 In accordance with your request, we have appraised the above referenced property The report of that appraisal is attached_ The pttrtxs of the appraisal is to develop an opinion of market value for the property describedin this appraisal report, as improved,. in une:nC HNbered. lee simple title oft] wainhi-lip. This report is based on a physicalanalysis oldie site and improvements, a locational analysis of the neighborhood and city, and an economic analysis ci the market for properties such a.% the subject, The appraisal was developed and the report was prepared in accordance with the Unifortn Standards of Professional Appraisal Practice. The opinion alvaloe reported above is as of the stated effective elate and is contingent upon the certification, and limiting conditions .attached. li has been a pleasure to assist. you. Please do not hesitate to contact us if we can hie of additional service to you, Sincerely., airde Carolyn R. Mueller License or Certification*: C6] X38 I Il I Mate: CO Expire: 12881,2017 rrau.cllerappraiser(r yahew_con Carolyn Mueller Uniform Residential Appraisal Report Nlain Rte Re. 2r112,11 1600053.0 File r? 2712201 # 2 u l 27 The purpose of Ibis sumnuiy appraisal report is to provaie The louder/client witfr an accurate, and adequate r supported, opinion of the uopitcel value of the subject property. PrOdertY Address 1093 Lireeris 11 C-_ i'ric State cs r`0 Zip Code go51.6 Borrower Nathan Swanson DDwner of Public Fecord Swanson Valerie 4 & Nathan P. County wow Legal Description _ F.R.I iDVR133 VISTA. R I IX(I G Ri I I) Assessors Parcel 0 146732244033 Tax Year 2015 R.E. Taxes $ 7,068 F- Neighborhood Name VISTA RIDGE Map Reference 24540 Census Tract onus C.5 ! Occupant i e( ❑ Tenant Q Vaca_ nt_ _Special Assessments.' 0_ PUa FICA $ 250 ❑ per per mO Property Rights Appraise! ► Fee Simple D LeasehOld H Other (describe) 4 CO Assignment Tpe i_j Purchase Transaction Xj Refinance Transaction Other (describe) Dander/Brent Rena alicaid t, andlln UOF Jba_ +Ic lonc_> Ioiig Address 8 Airline Drive., AlbanyLNY 12205 is the subject property currently offered for sale or has it been offered for sale in the twelve mouths prior to the effective date Of this appraisal? ❑ Yes X No Report.da :source(s) used, offering pnce(s), and date(s), I I FS MLS. There is no evidence final the subject has been offered for sale by owner in the past 12 trnn:att. I ❑ did ❑ did not analyze the contract for sale for the subject purchase transaction. Explain the results of the analysis of the contract tar sale or wily the anaI sls was not performed_ t- u g contract price $ OMe of Centred Is the property seller the owner of public record? ❑ Yes ■ loo Data Sources) _ 5 Is there any financial assistance (loan charges, sale concessions: glut ar dowrtpayrrnent assistance. etc.) to be paid by any party on behalf ci the borrower? I Yes o oi If Yep, reportthe total dollar amount and describe the items to be paid. Note: Race and the racial composition of the neighborhood are not appraisal factors. Neighborhood Characteristics I One -Unit Housing Trends -Linit liceistrig I Present. Land Use% ❑ Rural Property Values in Increasing X Stable ❑ D eIiniug PRICE AGE One -Until 85 %I Location Vl Urban Suburban Built -top, P Over 75% 25.75 ❑ Under 25% Derived/Supply O Shortage rgi In Balance I Over Supply $ (000) (9rs) 2-4 Unit 4 a c Growth ❑ Rapid Ci Stone ❑ Slow Marketing Time Ci Under 3 mitts I! 3.6 mts Over 6 Mita 320 Low 1 Muhl -Family 3 i NeiPertood Boundaries County Road 6 to the north. Highway 7 to the south. County Road 7 to the cast. and 1,495 HAI 37 Commercial I County Lin e Road to the west_ ppaAt 467 Fred, 1 I. Other 7 �r 1 Neighborhood Description The subjeers neighborhood is in the city of Erie and consists primarily of various sized single-family residences. The neighborhood has typical awl dote to it's amenities and lkikage to employment centers and support faciIiiiiies and is within the .f. enver1lR.oulder metropolitan area, Markel Conditions (including support for the above conclusions) See Market Conditions Addendum. Dimensions io7Nt I2x.I9xI 3x22x8 x145 Nea_ l�{ ' 5f Shape Rccia t uLt lit IN 1,ri.1tniiittO girt Spear, Zoning Classification pp Zoning' Dpst.d: rt Single I.amily residen.rial is ,.LIIowed in Ibis more district I Zoning' Complianc _ r-i _ I Li Legal Nunconft n*ng (Crandfafhered UM_ No ?oiling I of l (describe) is the highest and best use of subject property as improved (or as proposed per plans andgratifications) the present use? Yes U No if No, describe Utilities Public °)her (describe) Public Other d rihrt!) Made Impcuveme - Type Public Nate Ili I Elwtricity X. I❑ Water >F t I I Sheet Asphalt 'i ❑ I - iz, Gas p ID Sanitary Sewer w : II Alley Norte ❑I isi FEMA Special Flood Nand Area ❑ Yes es No FEMA Flood Zone x FEMA Map # 0801304443J RIM Map US 12/1812912 Are the utilities and off -site improvements +cal for the Hie* area? yes ❑ No If Nel desert(' Are there (any adverse site conditions or external factors (easements, encroxachrnents, envircnmerital conditions, land use$, etc.)? C Yes ❑ i'fc It Yes, describe At the time of the viewing of the subject, the appraiser was not aware of any encroachments or easements other than the normal utility casements: of record. The sub ear backs a busier stmt. which is an adverse condition however. it does not have a negative impact on marketability. Ge.neruI Description Foundation E:dt'Ior Description materials/condition interior materials/condition UrALS ) Oat Li One with Acoestori 4fnh X Concrete Soo C Cruel Space feurtd4ti04 Walls ?rdConcrect Av` Floors lidwiltiCarpaiAvg 0 of Stories 2 Full asement ► P rtaal Basement Exterior Walls Woad,Brk,rinetaI/Avg Walls Drywall/Avg I Two Dili Der. S-Det./Ene Unite arl.A I,'2' �.. Pod Surface CornpShing,MeSall&vp Triirollrrii�sh vo +'. v,R ❑ ,/Att. Proposed ❑ Under Cori 69C. k_L . I WIIsh ��Iyy �y {� G�ers & Downspouts Yes/Ay' a4Ui ■ focr Tileav ° l t•�7 Existing ❑ Design (SMo) Contr:mp __ Outside Erty/Evit El Satrap Pump Window Type Slider,C.srnt/Avte Rath Wainscot TiI&AVg Year Suit 20l.5 Evidence of [] Infestation Stonn SashAnsulated None Car Stye ❑ None I Effective Age 'rS) 3 I I tam ess ! Se#iemenl Screens Ycs/Av 'I Driveway # of Cars r Attic ❑ None Heating �(, , RNA j❑ Wee I❑ Radtar>;t Amenities 0 Woodstove(s) # e Driveway Surface Concrete Oilier ❑ Drop Stair Li Stairs j❑ Reel Natural Cias t 4 Fireplace(s) # - 1jil Fence None - r 4 Garage # of Cars 2 ❑Roar X Scuttle Coaling 1❑ Central Alr Conditioning atha/[tec'k Deck r Porch pch I Carport 0 of Cars U I jot) lilyd5hed Rini_ Heated LJ trtdividtrai Offer None II Pool None X I er wt;cp l Att. ❑ Oat. ❑I Built -ire ifil APP lianas l Refrigerator p wj� Ran e/Oven � Dishwasher Dis osal Microwave Washer/Dryer p � �' ❑ Other describe (describe) FIE Finished�'y y�/'�pyy,(+��I (y I �I lr�lt� OIIeY above g, .. rr L.A1 areacontains: �p■� q/�y � r y,!� Grad!" 8 RLFli` is 3, Hedroo� s 1 ( .2,8 5 Square Feel at ,Y. ivirg Arena Gr©de o . to (; '' efficient items, )• The ' subject a has a covered porch, a deck, 1 fireplace, a part'all basement, a +vtirorksltnp, and an attached 2 -ear f— l , - Describe the condition Describe cons 'n of the property (including I y.� �yy �+y� y �? p � ��pp�� ++y {, than �K e�� needed roars, delei ocaS, renonliOns, remodels_ M ��I.p . C2:Kitch��'�'�tipdat less' tha?m ens yen agoil$athrnoms-upda t datess than. one year auo;Thc subject has been :generally well maintained, The subject's, design and floor plan is well accepted in the market and dues no_fi itrffer- frumphysi'ea;t, functional.,* or cxIernu1_inaalctt ics. Are there .any physical deficiencies or adverse 'cannons tat affect Me ilvablityl soundness, or structural integrity of the property? ❑ Yes fra4 No r Yes. describe does the property generally conferral to tfi+e neighborhood(functional tidily, ale, condition, use, construction, etc.)? V Yes 7 No II No. describe Ftaddle. IVI3c Form 70 March: 2005 UAD Version 9/2€11 Page 1 of 5 Form 1 OQ4'!AD -'TOTAL' apperarsal software by a la mode. Inc. - 1- 0►Q-ALAMODE Fannie Mao Form 1004 March 2005 Uniform Residential Appraisal Report Main Ate Ho. 2712201 _hoe #3 oft 16000530 File 271≥201 There am 2p comparable properties currently offered for sale in the subjeCt neighborhood rang':: F in price horn S 455 000 fa $ 634 400 There are 43 comparable sales in the sublet! neighborhood within the oast twelve months ranging in sale price (torn $ 458,000 to S 640,000 FEATURE SUBJECT COMPAR.ABLE SALE *1 COMPARABLE SALE # 2 COMPARABLE SALE 3 Address p O 3 •rcen 1yl , CCU t1t151 t4 2 5 Erie. ese< C t;� tltl51 x fi 14'27 Serene Dr Fries CO a9S 16 brie, C CU 1W51 Prey irriit�r to Ssab�act � �, RO rrr i lee E 0.67 miles N rra i lee E Salle Price S S � 95 1 $ 52,c000 I ,QDD Sc_ Sole Pri Druss Liw a4 ft I' ' , ft ft ._ I:$ 135,11 sq.ft 2nB.B4 fiq _mim$ Data Source3 INit.1.S#1772e`i'e67ii1 0M 35 MLSlio9g8682-DOM 40 I ) V R cord Weld County Record Weld County Record VALUE, IIl TMENTS DESDR[PTlal DESGI lPT1Df� + - Ad"ushnent DESCRIPTION +(-) $-Adjustment DESCRIPTION + - $ Adjustmerpt Sales Cvnces oir Finam�ecinA ions {; rnvI th .AmiLth Cash;0 ArrmL'th : VA,Q Daatpagjaf e _ � 11f➢5 .1.09/15-c08/15 Ss�QS.il-c071.,_ LaeatAoll t .Ssyl Q d, �a s �s[1 l�;Ress-20:000 pol N;Res; /� -20 000 B;G1fCsci; p� (�� -501Q00 Lea. eha:laf�Fee Irt]+IPA F ►im Ic fad S ni •ller Fec Sin .Ic e� im i le Stte 16743 sf - 15 sf +211,054 70 4 of - � � � l 1' ' sf dew f3:MtrcLtdSpht 1vl,Res: t l0.00() I :l [tn;.Ltd pf r lB t4 to -10.[1 Design � � 0T2'Contern H I T2•aYcrMtcm I T • lorrrcr,o 't" � orntcrrrr llc' 1 nstnx tin 02 u} 4 2 +�,0� (0Q 11 -5CJ 000 Aeeival A'8e 1 1 9 a 1.0 Candl on C2 el -20,0 .03 +5il,[)()IQ C.3 +25.,dOO Above Grade Taal Ors. Baths Total Bdmrs. Dallis Total eudmts, BaUis Total Mctnns. Baths ao�rro� daunt B 3y 7 3 2.1 I + 10,, . 5 #J{,�q X4.1 -10.�(J 0 8 4 I I 3,1 0 Ijjj Dramas LJ l7�Q a X3.11 2J's2.5 at'\. �y 2,481 slit +17,200 3,JAY ' 44,150 1,280 . `22,7500 Base�rrent ROOMS Belou�r S Firrishcatd Grade 1 U94s1996sfin I rr I br1.Oba0o 1470s-fUsfi i 1-1-9,.029 +10} +I 0 0OO 1491sf1.491 slims 1.rri brl.Oba0o Furlectlprral Utility I°%TicaUGoad Typical/Good Typ 't\picaUGood U Nealan�+Gc�alfrrd FA None FA/CA -5,000 FAICA -5.000 FA/CA -5.,QtIO Er rgy Efficient Itetrtes None None' Diane None Is I Garage/ arpart ga2dw 2Ra2dw 3aar3 iwv -1 O,014Q 3ea3 dw i O.,OOO C orch, ti It CdPh, fie, I EP,Wk :CIS , I rp 1-15,005 ,rrY,? a. ,vuk CdP1't,2:PI',.Patia + ., O .4 CL c _ (,��y Net Adiusirr a�+d,p,y eni �y (Tota1) 1 ♦ - $ 276, X + - +� +} S 23,,348 O + .t�- $ . $ -1291210 w i Adjusted of Compatablet Sale: Price Net Adj. Gross 11.6 Adi: 29.8 % G S 552,226 Net Gross Adp. .A.dp. 4.4 % 443 % S 551,34g Net A.di. Gross 18.9% A,dl, 27.6 % $ 555 790 IQ) ; I. X did r did not research the sae or lrans$er history of the subject property and camparable sales. If not. explain - My research PJ1 did • did not reveal any prior sales or transfers of the subject property for the three years prier to the effective dale of this, appraisal. Data Sourc(s) Weld County Records My research Q did X did net reveal any pdor sales or transfers of the icomparalle sales far the year prior to the date of sale lot tie comparable sale. Data Source(s) Weld County .Records Report the results iotthe research and analysis ofthe prior .sale or transfer history of the subject property and corn cable sales (leant additional prior sales on page 3). ITEM SUBJECT COMPARABLE SALE #'1 CQMIPARABLE SALE #2 COMPARABLE SALE #3 i Date iaf Prior Sale,/Transfer 02/261.2015 Price of Prior Sale/Transfer 3114.000 Data Sources) County records County records County girds County records Effective Date of Data Gawp* 02/09/2016 02/09/2016 02/09/201.6 i 02/09/2016 Analysis Of prior sale or transfer history of the subject prapeity and comparable sales Tho subject is currently' not .tutdcr contract and has sold within the past 36 months, The con parables h ayenot sold within "belies' 12 months other than. noted above.. The subject's previous sale was inclusive oft a subiect's vacant site. I Summary of Sales Comparfsoin Approach The comparable saps used 1n this report arc from the subject's immediate market area and are in acceptable proximity to the subject. They are the most recent, the most comparable found. and are similar in overall market appeal. All value :affecting dissimilarities are reasonably adjusted according to perceived market reaction. The indicated range of adjusted values brackets the market value of the subject. , Indicated Value by Sales Comparison Approach S 555j i , Indicated Value by: Sole Comparison .Approach S .} i:;rti ,i; Cost Approach ft developed) s _5;r;,e1?,s Income Approach (if deveelvped) $ See attached addenda. - - z - o r z This appraisal is made as ls", [1 subject to completion per plans and specilicalions on the basis of a hypothetical condition that the improvements have been . 0 cyampleted, ❑ subject to the Wowing repairs or atteratiarrs an the basis of a hypothetical condition that the rears or alterations have been completed, or r subject to the 0 following required Inspection based on the :extraardlnary :assumption that the condition or deficiency does not require alteration or repair: ec aced condifiena 5 on a complete , and appraiser's 551,000 , visual 1ms certi as of l anion, 02/09/2016 ion of the Interior and exterior areas myr (our) opinion o1 the market which is the date of the subject value, as defined of inspection property, of and defined scope the real propeilly that the effective data a'# work, of this statement is the subject appraisal. of of assumption, and Ihttitirtn this report is Freddie Mac Form 70 March 2005 DAD Vorsien 8/2011 Page 2 of 6 Toff 10Q4'!AQ -'TOTAL'" apppprafsal software by a la mode. Inc. - 1-800-ALAMOL) Fanc a Mao Femur 1004 March 2005 Rtei- ' 0127 Uniform Residential Appraisal Report 16000530 File q .,.212201 \Li.iultrlrirllli' A 4suiu tioit5.= The c+ roit ambles used contain confidential iii ii....al:rbn liti.a$cti 1O pricing, motivati n,s,. tile,*illations, conc`'sNicgi , CrRt*ti, JL, 3hal are not typically made known to those not a part of the agref_nteut_or clocsing. Iyen when provided. an interview that _cnnliEMS parts of a transaction, the values herein are based on the assumption that the data reported to the sources used is correct and reflects the specific marketable features. When more than one: source is stated nod there arc differences in the levels/amounts. of the features relevnnt for refinement, the source deemed mnst reliable and reflective of the comparable as o f file: date of that respective sale will he used iin comparison. SImature Certification - The digital signatures in this retort are duplicates of the original signatures) and have not been tiered or changed in any way. Intended User Certification e The Intended User of this appraisal report is the Client. The Intended. Use is to obtain the market value of the property that is the subject or this; appraisal for personal knawledite or the client,subject to the slated Scope of Work, purpose of the appraisal, reporting requirements at this appraisal report fvrni and Definition of Market Value. Ng additional intended Users are identified by the ap- raiser.. Software Certification = Any and all referenda in this (TOTAL) software regarding clients, intended: users, intended use, defmitrou of value, assignment earn lillonsit_rkiew nt rehata t tics,_scope or work Tiernanmecl, anldtor any other ,condahel itp tnptions; relative to this_nas 1.gnrnent are superseded by delta expressly emoted by the appraiser,. respectively. Definition/Source of ague - Th surp€s cfth s report is to_ properly relay the .appraisel._analys s, ppitaip_n.sa and conclusions. i4_1. a fnanner +bat is objective, impartial, and independent. The value being developed is the most common representation of this arena participant - market value. By definition, market value i,s. the most probable price a property ptr properties should bring in .an men competitive market under conditions requisite to a fair impartial salc where the buyer and seller are both .actin,; knowledgeably and in their own best interest and assuming the price is not affected, by unique stimulus or external forces. Implicit in this definition is the consummation of a. sale as of a specified date and *passing of titI,c from &eller is buyer under conditions whereby; LL The • buyer and seller are typically motivated, 2. Beth partiesare knowledgeable and acting in. their own best interests., 3. a reasonable time is allowed foe the property to be exposed to an open and competitive sale arena, 4. Payment is nude in terms of 13S cash or equivalent or in terms of financial orr-angernenis comparable thereto. and 5. The price represents the normal consideration for the property sold unaffected by special or creative financing or sate concessions granted. lircr anyone associated with the sale_ This definition is from regulations published by federal regulatory agencies pursuant to Title xi ofthe Financial Institutions Reform. Recovery. and Enforcement Act t' ' A) of 1984 between July and August 1990. by the Federal Reserve System (FRS). by the National Credit Union Administration. (NCUAL by the Federal Deposit Insurance Corporation (FDIC), by the Office of Comptroller of the Currency y (OCC), and by the Office of Thrift Sure rvi.s:i in (OTS), being further referenced in regulations jointly published in 1994. ,1 Exposure Time Definition: The t,siirrratid length of time the property interest being appraised wcrnldl have been offered on the market prior to the hypothetical; consummation of the sale at marketvalue on the effective date of the a-ppfraisal:. a retrospective estimate based on an analysis of peat events assuming a competitive and open market. (The Dictionary o''Real _ state Ap Jrabrat 5h 4ddrrfr t), Scope of Work e The scope of work for this appraisal was definedby the complexity of this anpraaisa.l assignment and the reporting requirements of this appraisal report form, including 'the fallowing clelmitionormarker vnlue, statement ofaLssumptions and limiting ,conditions, and trait-tetrtiins_ i. the appraiser 111 performed a complete visual inspection of the interior and exterior areas of the subject reopen, (2) inspected the neighborhood, (3) inspected each of the comparable sales from at least the street (4) researched, verified, awl analyzed data :from reliable public and/or private sources, and (5)'reported my analysis, opinions. arid conclusions in this appraisal report. COST APPfIS$$'K TO VALUE (not required by Fannie Vie) IT Provide'. a.:qua. intnilaliOn fix the lender/client to replicate the Saw cost figures and calculations. Support for the opinion of site +value (summary of comparable rand sales or other methods for estimaing site value) Saks of vacantsinglc-tbmily residential sites in the subject's market have ranged from S326,009-$375,009 in the past 1.2 months. OPINION OF SITE VALUE 115,000 ESTIMATED ❑ REPRODUCTION OR CI REPLACEMENT COST NEW ;, Source Ocf 'MI data Marshall Swift, L.P. BMW N6 2$25 Sil.IFI CP $ 130.15 .. =$ 367,674 Warily rating from cost service 5.0 Effective date of cost date 02/0112016 1.294 $4,ft. @ $ 3a12 _ �$ 38:9975 Comments on Cost Approach (gross luring area calculations, depreciation, etc.) Subtotal Extras -_ ---- =s 25 125 - - Age life method of depreciation is used. Braga/Carport 1,035 Sq,.Ft. @ 5 20.25 - .: =5 20,954) Total Estimate of Cost -New 452,733 Less Physical External 1 'Functional Depreciation 9,055 =5C 9,055)1 Depreciated Cost of Improvements 4 443.,67 I 'P4Mm Value olf Site Improvements = 7J' Estimated Remaining Economic life (HUD and VA only) 147 Years INDICATED VALUE BY COST APPROACH =3 .55U7.8 INCOMEAPPROACH TO VALUE (net required by Fannie Mee) • Estimated Monthli Market Rent S ii Gross Rent Multiptler = a Indicated Value by Income A; rroach Summary of income Approach (including support 1w market rent and GAM) V - PROJECT INFORMATION FOR Pigs Is the developer/bulkier in control of the Homeowners' Association DMA)' J Yes X No. Chili types) X Detached tJ Attached Provide the following information for RIDS ONLY if the developer/budder is in control of the HCA and the subject prop is an attached dwelling unit Legal NNeliiie of Project z Total number of phases Total nurnber of units Total number of oinks sold Total Total far Data E number el units rented number of units sale sources) Voles'lhe project created by the conversion of existing buildings) into a P1D? U j Yes U No If Yes, date of conversion. • Does the project contain any multi -dwelling units? ■ Yes E NO Data Source Are the units, common elements, and .recreation facilities rccmpin? U Yes D No If Not, describe the KM Of completion. , Are the common elements teased to or by the Homeowners' Association? ❑ Yes ❑ No If Yee, describe the rental terms and options. I Describe common elements and recreational facilities. Freddie Mat Form 70 March 200.5 UAD Version 9/2011 Page S dl 6 Form 10Q4'!AD -'TOTAL' appraisal software by a la triode, Inc. - 1- 0►0-ALAMODE Farm a Mae Form 1004 March 2005 Uniform Residential Appraisal Report Main File No. 2712201 16000530 File f 2712201 Page #5of27 This report farm is designed to report an appraisal of a one -unit property or a one -unit property with an accessory unit; including a unit in a planned unit development (PUD), This report form is not designed to report an appraisal of a manufactured home or a unit in a condominium or cooperative project. This appraisal report is subject to the following scope of work, intended use, intended user, definition of market value, statement of assumptions and limiting conditions, and certifications. Modifications, additions, or deletions to the intended use, Intended user, definition of market value, or assumptions and limiting conditions are not permitted. The appraiser may expand the scope of work to include any additional research or analysis necessary based on the complexity of this appraisal assignment. Modifications or deletions to the certifications are also not permitted. However, additional certifications that do not constitute material alterations to this appraisal report, such as those required by law or those related to the appraiser's continuing education or membership In an appraisal organization, are permitted. SCOPE OF WORK: The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report form, including the following definition of market value, statement of assumptions and limiting conditions, and certifications. The appraiser must, at a minimum: (1) perform a complete visual inspection of the interior and exterior areas of the subject property, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) research, verify, and analyze data from reliable public and/or private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report. INTENDED USE: The intended use cf this appraisal report is for the lender/client to evaluate the property that is the subject of this appraisal for a mortgage finance transaction. INTENDED USER: The intended user of this appraisal report is the lender/client. DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby; (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and each acting in what he or she considers his or her own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions* granted by anyone associated with the sale. *Adjustments to the c om p arables must be made for special or creative financing or sales concessions. No adjustments are necessary for those costs which are normally paid by sellers as a result of tradition or law in a market area; these costs are readily identifiable since the seller pays these costs in virtually all sales transactions. Special or creative financing adjustments car be made to the comparable property by comparisons to financing terms offered by a third party institutional lender that is not already involved in the property or transaction. Any adjustment should not be calculated on a mechanical dollar for dollar cost of the financing or concession but the dollar amount of any adjustmerrt should approximate the market's reaction to the financing or concessions based on the appraiser's judgment. STATEMENT OF ASSUMPTIONS AND LIMITING CONDITIONS: The appraiser's certification in this report is subject to the following assumptions and limiting conditions: 1. The appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it, except for information that he or she became aware of during the research involved in performing this appraisal. The appraiser assumes that Me title is good and marketable and will not render any opinions about the title. 2. The appraiser has provided a sketch in this appraisal report to show the approximate dimensions of the improvements. The sketch is included only to assist the reader in visualizing the property and understanding the appraiser's determination of its size. 3. The appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in this appraisal report whether any portion of the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. 4. The appraiser will not glue testimony or appear in court because he or she made an appraisal of the property In question, unless specific arrangements to do so have been made beforehand, or as otherwise required by law. 5. The appraiser has noted in this appraisal report any adverse conditions (such as needed repairs, deterioration, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or she became aware of during the research involved in performing the appraisal. Unless otherwise stated in this appraisal report, the appraiser has no knowledge of any hidden or unapparent physical deficiencies or adverse conditions of the property (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) that would make the property less valuable, and has assumed that there are no such conditions and makes no guarantees or warranties, express or implied. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, this appraisal report must not be considered as an environmental assessment of the property. O. The appraiser has based his or her appraisal report and valuation conclusion for an appraisal that is subject to satisfactory completion, repairs, or alterations on the assumption that the completion, repairs, or alterations of the subject property will be performed in a professional manner. Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page 4 of 6 Form 1004LIAD - 'TOTAL" appraisal software by a la mode, inc.- 1-8DO-ALAMODE Fannie Mae Form 1004 March 2005 Uniform Residential Appraisal Report Main File No. 2712201 16000530 File f 2712201 Page # 6 of 27 APPRAISER'S CERTIFICATION: The Appraiser certifies and agrees that: 1. I have, at a minimum, developed and reported this appraisal in accordance with the scope of work requirements stated in this appraisal report. 2. I performed a complete visual inspection of the interior and exterior areas of the subject property. I reported the condition of the improvements in factual, specific terms. I identified and reported the physical deficiencies that could affect the livability, soundness, or structural integrity of the property. 3. I performed this appraisal in accordance with the requirements of the Uniform Standards of Professional Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the lime this appraisal report was prepared. A. I developed my opinion of the market value of the real property that is the subject of this report based on the sales comparison approach to value. I have adequate comparable market data to develop a reliable sales comparison approach for this appraisal assignment. I further certify that I considered the cost and income approaches to value but did not develop them, unless otherwise indicated in this report. 5_ I researched, verified, analyzed, and reported on any current agreement for sale for the subject property, any offering for sale of the subject property in the twelve months prior to the effective date of this appraisal, and the prior sales of the subject property for a minimum of three years prior to the effective date of this appraisal, unless otherwise indicated in this report. 6. I researched, verified, analyzed, and reported on the prior sales of the comparable sales for a minimum of one year prior to the date of sale of the comparable sale, unless otherwise indicated in this report. 7. I selected and used comparable sales that are locationally, physically, and functionally the most similar to the subject property. S. I have not used comparable sales that were the result of combining a land sale with the contract purchase price of a home that has been built or will be built on the land. 0. I have reported adjustments to the comparable sales that reflect the market's reaction to the differences between the subject property and the comparable sales. 10. I verified, from a disinterested source, all information in this report that was provided by parties who have a financial interest in the sale or financing of the subject property. 11. I have knowledge and experience in appraising this type of property in his market area. 12. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located. 13. I obtained the information, estimates, and opinions furnished by other parties and expressed in this appraisal report from reliable sources that I believe to be true and correct. 14. I have taken into consideration the factors that have an impact on value with respect to the subject neighborhood, subject property, and the proximity of he subject property to adverse influences in The development of my opinion of market value. have noted in this appraisal report any adverse conditions (such as, but not limited to, needed repairs, deterioration, the presence of hazardous wastes, toxic substances, adverse environmental conditions, etc.) observed during the Inspection of the subject property or that I became aware of during the research involved in performing this appraisal. I have considered these adverse conditions in my analysis of the property value, and have reported on the effect of the conditions on the value and marketability of the subject property. 15. I have not knowingly withheld any significant information from this appraisal report and, to the best of my knowledge, all statements and information in This appraisal report are true and correct. 16. I stated in this appraisal report my own personal, unbiased, and professional analysis, opinions, and conclusions, which are subject only to the assumptions and limiting conditions in this appraisal report. 17. I have no present or prospective Interest in the property that Is the subject of this report, and I have no present or prospective personal interest or bias with respect to the participants in the transaction. I did not base, either partially or completely, my analysis and/or opinion of market value in this appraisal report on the race, color, religion, sex, age, marital status, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property or of the present owners or occupants of the properties in the vicinity of the subject property or on any other basis prohibited by law. 18. My employment and/or compensation for performing this appraisal or any future or anticipated appraisals was not conditioned on any agreement or understanding, written or otherwise, that I would report (or present analysis supporting) a predetermined specific value, a predetermined minimum value, a range or direction in value, a value that favors the cause of any party, or the attainment of a specific result or occurrence of a specific subsequent event (such as approval of a pending mortgage loan application). 19. I personally prepared all conclusions and opinions about the real estate that were set forth in this appraisal report. If relied on significant real property appraisal assistance from any individual or individuals in the performance of this appraisal or the preparation of this appraisal report, I have named such individual(s) and disclosed the specific tasks performed in this appraisal report. I certify hat any individual so named is qualified to perform the tasks. I have not authorized anyone to make a change to any item in this appraisal report; therefore, any change made to this appraisal is unauthorized and I will take no responsibility far it. 20. I identified the lender/client in this appraisal report who is the individual, organization, or agent for the organization that ordered and will receive this appraisal report. Freddie Mac Form 70 March 2005 UAD Version 9/2011 Page S of 6 Form 1004UAD -'TOTAL" appraisal software by a la mode, inc.- 1-8DO-ALAMODE Fannie Mae Form 1004 March 2005 Uriitlorm ResIdentiai Appraisal Report Main Abe tin. 2712201 16000530 File #' 2712201 #.7l 21. The lender/client may disclose or distribute this appraisal report to: he borrower; anotherlender at the request of the borrower; the mortgagee or its successors and assigns; mortgage insurers; government sponsored enterprises; other secondary market participants data collection or reporting services; professional appraisal organizations; any department. areency, or instrumentality of the United States; and any state, the Distract of Columbia,, or other jurisdictions; vatt'(rt havirigg to obtaia the appraiser's or supervisory appraiser's (if applicahl!e) consent. Such consent must be obtained before this appraisal report may be disclosed or distributed to any other party (including, but not limited tc, the public through advertising, public relations, news. sales:, or other media). 22. I am aware that any disclosure or distribution of this appraisal report by me or the lender/client may Pe subject to certain laws and regulations. Further. I am also subject to the provisions of the Uniform Standards of Professional Appraisal Practice that pertain to disclosure or distribution by me. 23. The borrower, another lender at the request of the borrower, the mortgagee or its successors, and astignrs. mortgage insurers. government sponsored enterprises, and other secondary market participants may rely on this appraisal report as pad of any mortgage finance transaction that involves any one or more of these parties. 24. It this appraisal report was transmitted as an "electronic record" contain ng my "electronic signature," as those terms are defined in applicable federal and/or state laws (excluding audio and video recordings), or a facsimile transmission of this appraisal report containing a copy or representatiort of my signature, the appraisal report shall be as effective, enforceable and valid as if a paper version of this appraiiaal report were delivered containing imy original hand written signature. 25. Any intentional or negligent misrepresentation(s) contained in this appraisal report may result in civil liability and/or criminal penalties including, but not limited to, fine or imprisonment or both under the provisions of Title 18, United States. Code, Section 1001, et seq., or similar state laws. SUPERVISORY APPRABERIS CERTIFICATION: The Supervisory Appraiser certifies and agrees that.: 1. I directly supervised the appraiser for this appraisal assignment, have readthe appraisal report, and agree with the appraiser's analysis, opinions, statements, conclusions, and the appraiser's certification. 2. L accept full responsibility for the contents of this appraisal report including, but not limited to, the appraiser's analysis, opinions,, statements, conclusions, and the appraiser's certification. 3. The appraiser identified in this appraisal report is either a sub -contractor or an employee of the supervisory appraiser (or the appraisal firm), is qualified to perform this appraisal. and is acceptable to perform this appraisal! under the applicable state nao. 4. Ms appraisal report complies with the Uniform Standards of Professiorrail Appraisal Practice that were adopted and promulgated by the Appraisal Standards Board of The Appraisal Foundation and that were in place at the time this appraisal report was prepared_ 5. If this appraisal report was transmitted as an "electronic record" containing my ',electronic signature." as those terms are defined in applicatta federal and/or state laws (excluding audio and video recordings). or a facsimile transmission of this appraisal report containing a copy or representation of my slginature, the appraisal report shall be as effective,enforceable and valid as if a paper version of this appraisal report were delivered containing rriv crgpini:3l land written signature. APPRAISER Sig nature Name Carol n R. Mueller Company Name vantage Appraisals, Inc_ Company Address 1630A 30th Sitter #445 t3colder1, Co 80301 Telephone Number 770-915-2736 Email Address xnu.lter Apra §erg al't�xo coni Date of Signature and Report 02115/201 a Effective Date of Appraisal 02,410W2016 State Certification # CG10003g181. or State License # or Other (describe) State CO State # Expiration Date of Certification or License 12131/701' 7 ADDRESS OF PROPERTY APPRAISED 1093 eiverls Fl Erie, CO8951f APPRAISED VALUE OF SUBJECT PROPERTY S ;; .tool LENDEFL/CLII NT Name eina Muecyr Company Name: Company Address Email Address Homestead Funding Corp dba hegl ne MorIg S 1rliRt Drive, Albany. MV l2205 SUPERVISORY APPRAISER (ONLY IF REQUIRED) Sig nature Name Company Name Company Address Telephone Number Email Address Date of Signature State Certification # or State License # Slate Expiration Date of Certification or License SUBJECT PHOPERTy' ❑ Did not inspect subject property LI Did inspect exterior of subject properly from street Date of Inspection Did inspect interior and exterior of subject property Date of Inspection COMPARABLE SALES ❑ Did not inspect exterior ct comparable sales from street ❑ Did inspect exterior at cur parable sales from .street Data of Inspection Freddie Mac Form 70 March 20©5 DAD sinister) 9 2011 Paige 6 of 6 Feu 1 a041AD e ¶OTAL" appraisal software by a la mode. her -1-800-ALAMOOE Fannie Man Form 1OO4 Mach 2005 Uniform Res den ial Appraisal Report Main Rte Hu. 2712201 1 Pao #8 of27 16000530 File q 27112201 FEATURE SUBJECT COlli ARABLL 1ALL # 4 COMPARABLE SALE S 5 COMPARABLE SALE # a Address 1093 Greens PI Friel. CO80516 2451 Reserve St Erie, CO 80,516 1705 Parkda1e Cie N Erie, CO 80516 2041 Locijo.volo Dr Erie, CO80516 Proximity to Subject 0 80 mikes 01y. 0,56 miles NW a.84 mil Sale P/rii/c S 5 4 _500 S O2 O(X) i 0 000 f Sale . �{ �J /�Q Prtc' lEras3 Li . Atha S sq it. �o g t 761_67 sq.IY [I $ 121 .I 1 3a $ 1$9.19 AS ..� Data Source(s) MLSHSW 3.1301x1156 MLSUr,Ra3'Y5 5i )M 177 h+cLSia1.824021DO1M 61 Verification tSource(s) Weld County Record Weld County Record Weld County Record. VALUE ADOUISIMENTS DESCRIPTION DESCRIPTION +(-) 1 AdjNalment DESCR IPI1ON + (-) $ Adjustrten1 DESCRIPTION +(-) $ Adjustment Sales Concessions or financing - . - Artatit Cony :0 ArniLth Corv;O Listing Date of Sale l late 4509/15;09/15 s01 / 1_6i 1._1/15- 010115 9!'x0 ��j.�1 Location �y py �j [�r� A;B y d:Bach N.tes. ,�j -2V.000 �y p/��r t+ A:BsyRd;Backs j,� .{ I p B'GJK)s• -0,000 0 c Leaaehoi fee Simple Fcc Simple Fee Simple Fee Simple Fee Simple Site 16743 h1 5591 sr- +22,304 I U26U l +12,966 13593 s:f _ +6 300. f HView R:Min:Lt dFght +l;Res 410 .01XEI3;iw+Itn;L.rJr1 }iht 1L;MtmDivide -20,000. 4 I Design (Style�)�}�� DT2;Conlemp D -1;Contemp 0 DT2;Contemp DT2;Conte p 2 Clue* of construct o.n 92 .9 QZ -X2 �y 0,000. Q2 +25,000' Actual Age 16 0116 01 li n,1 OK'd Mort 02 .1 ,CI _ -20,t 'C3 +50,000. C3 +50,004 g in 4 Above Grade Room Count Grass Living Area Total 0sm. • Baths Mai Bdrnw Delis Total 0drmz. Baths dal Barns. Baths $ 3 3. I 3 2.0 -15,000 9 5 4 10 0 000 7 3 .1 +10.000 2.825 sit 1,949 sq.ft. 0. 4,002 NM- -56 850 3,182. sq- - -17,3511to Basement Rooms Below & Finished Grade 1294s1996sfin l rr l brl :Qbai , 1624sIClsfin +14,.400 +10,000 163&I1Dsfin +14,049' +1,009 1519sf15 19sf l rr l b u l .ObaOo -28,020 i Functional Utility TypiSt/Good Typiicalitood Typiicalf'Good - T . i idol/Good Heating/Cooling FA ene FA one FA/CA -5 009 FA/CA -5.00 Energy Efficient Items None None Nonc Nonc Gnge/ arport 2galdw 2gaSdw 2ga2dw 3ga3 e1W -10,000 P'orch/PatiWUeck CJPh.De. I FP,Wk US 4...I FP + 15.000 Cabe ,IFF.DOLYA x-10 000 CdS , De. Pt 1 FF 10 Net Adjus ent (Total) NI + ❑ - S 46,704 k�r + ❑ - 64. t56 (J + k i - $ -45,55 l i Adiusted of Cannparables Sale Price Net GroSS .Adl. 9.2 % Adj. 24.8 % $ 556,704 Net Gross Ng, 13,2% Adj. 43.5% $ 551.656 Net Ali- Gross Jodi, 7.6 % 373% 5 556,410 Report the results of the research and analysis of the prior sale or transfer history of the subtect property and carnparable sales (report additional prior sales on page 31 ITEM SUBJECT COMPARABLE SALE 4 4 COMPARABLE SALE # 5 COMPARABLE SALE # 6 Date of P Salefirransler 02/26/20 15 } Price of Prior Sale/Transfer S 1 l44O{ill Sr- Data Source{s) 17i,unve records County records County records County records t Elective Date of Cala Sourae(s) 021M/2016 _02/B9120.16 0 zroorloi6 02/09/20 16 W Analysis of rig sale or tangierhislesubject p� comparable of the property and cot arable sales Analysis/Comments 6, 1- 2 2 E a I to - ct a 4 Y Freddie Mac Form 70 March. 2005 UAL] Version. 9/2011 Farce Mae Form 1004 March 2005 Form 1004U 4AC) - "TOTAL` appraisal software by a la mode, inc. -1-800-AIAMODE Main He 1la, 2712201 ty Market nditions Addendum to the Appraisal Report elle No. 2712201 Page#gui27 The neighborhood. purse of this addendum it tb provide the kad-erlclient with a. clear and accurate understanding This is a required addendum for all appraisal reports with an effective dale of the in or after April 1, market 2009. (senile 'and conditions prevalent in the suited PiliPeltY Address -1.093 Cecelia pi - City Erie State cc ZIP Code wire 1 r, Borrower Nathan Swanson Instructions: housing it is available explanali' in the analysis, average. subject property. bends n. It Sales The appraiser must use and overall market conditions and reliable and must is cognized that na1 Pl data sources provide and listings must be The appraiser must the provide all the properties explain information as reported analysis data sources required that any anomalies required on this fnail in thine Neighborhood as indicated below_ If will be able to provide information as an average compete with the subject in the data, such as any the section, required data for instead property, as seasonal basis for If ric/fher aninclusioes, aatd must of the appraisal report form, The data is unavailable or Is considered the shaded areas below; it is is available, of the median. the appraiser should determined by applying the criteria nrarkk, new construction, foreclosures, appraiser report that provide sopped for those conclusions, must fill in all the inionmation unreliable, the appraiser must provide hnwavee, the appraiser must include the available Rum and identify would be used by a prospective etc. regarding to the extent an the data it as an buyer of: the Inventory Analysis Prior 7-12 Months Prior 4$ Months Current — 3 Months Overall Trend Total # of Comparable' Sales (Settled) 26 11 6 f Increasing Stable Declining Absorption Rate (Total Sale. illcnl ) 4.3.3 3.67 2.00 X Stable Declining Ljt Increasing L Total # of Comparable Active Uisbr N/A N/A 21 [1 Declining M Stable Increasing I Months lot fiousiag Supply (Total Listlrtgs/Ab_Rate) N/A I NIA 103 [i Declining f, Stab fl Increasing Median Sate & list Price, D0M, Sele/list % Prier 7-12 Months Prior 4 6 Months Current.— 3 Months Overall Trend Median Comparable Sale Price 500.000 510,000 492.E Increasing IR Stable [1 Declining Merlian Comparable Gales Dais on Markel 64 58 94 Declining X Stable 1 Increasing Median Comparable List.- Price N/A N/A A 55,000 DC Stable lam. Increasing ❑ Declining J Median Comparable Listings Days Pa Market NIA N'A 57 Stall O increasing lI Declining cr Median Safe Price as % of List Price 99% 99% 99% H Increasing Stable L Declining adct Seiler.(deweloper. builder, etc.)paid financial assistance prevatent2 Li Yes No Declining X Stable I Increasing i i _ r Wain a fees, options, in detail the etc.. seller concessions trends for the The observed trend past 12 months (e.g., seller contrbut rs increased from in the area appears that the amount of seller's concessions 3% to 5% increasing use of buydowns, is dccrcas,inc. closing costs, condo is, cr w Cr H w 2 Ate foreclosure sales (RE0 sales) a factor in the market? I Yes X It III yes, explain (including die herds in listings and sus of fa.rccloscd properties). Although there ire some RFO proven ieF, in the market Via: foreato uses and shot sales are not a mailer factor in 'this market area.° Cite data sources for above irtlourratiort. W.I.S M LS Summarize an analysis the above information as support for your conclusions in the Neighborhood of pending sales andior expired and withdrawn listings, to formulate section your conclusions, of the appraisal provide both report dorm. iii you used any an explanation and support for additional your conclusions. information, such as The data on this page is retlec_t;iyc of iles land. lislin.gs which are similar lo the subj t_in, vac QV More salient_ features which are within I mile of the subject. The data is inscifluePi to demonstrate clear trends. In stati.sticsj there must he at least 30 data points for the data to he considered sufficient for reliable analysis., Over the past= 12 months within above time periods. there are 2&, II, and 6 sales, respectively, in this situation. there is not enough data to indicate absolutely cheer tread . fl wcvcr2 in the broader- mantel of erica ruarkcc values of pirupertic4 which arc Similar ho the sing in wit urn -tore salient features have r+epiairted relatively stable over the oast 12 months. As a resit1,1 the report is marked as stable with a balanced market and a marketing time of under 3 months. If the subject Is, a unit In a condominium or cooperative project i complete the following: Project Name: Subject Project Data Prig -12 Months Price 4-6, Months Current — 3 Months Overall Trend Total # of Comparable! Sales (Settled) i I Increasing n Stable [1 Declining Absorption Rate (Total Soles/Months) I Increasing Stable Declining ,l ■ Total O of Active Comparable Listings i Declining Stable Increasing MINIM of UM Supply (Total Lisdn.ge Ab.Rate) _ ID Declfnirtg - Q Stable C Increasing Are foreclosure sales (RER sales) a lacier in the project'? __r Yes [I iii 11 yes, indicate the number of RED listings and explain the trends in listings and sales of Le u foreclosed properties, Lei re a. a_ Q P a a a Summarize the above trends and address the impact on the subject unit and project Signature Signature re Appraiser Name Carolyn R. 14 11 e<r Servisory,ppraiser flanal - c9Ellawf NFI! ?a to a .APProlsaisk Inc. Company Address s Ti Company Address - 1630A 30Th Street #445. Boulder, CO 80301 a- State License/Certification • cc; i Oona el 81 State co State LicensWCertificaticn 4 State Nall Address awe licrappraisereetyahotecom Email Address Freddie Mao Farm 71 March 2009 Page 1 ref Fannie Mae Form ` OO4M!C March 2009 Form 10044MC2 - 'TOTAL" appraisal software by a la erode. inc. -1-6DC-ALAMODE Main File No. 2712201 ) Pie 10 427 Subject Photo Page Borrower' Nalhan Swanson Property Address initill Greens P1 _ Eric County Weld SIM CO ,gip OXa 80516 Lander/Cllient_ I Cr'nnunkadi Fimchnr`__..'ALT dha 'Nik:trknie Muriga e:- 5:ublect Front 1093 Greens PI Zales Price Gross Living tai Total Rooms Total €edroarns Total 'Bathrooms Location View Slate Quality Ag e 2825 8 3 3.I A :I3 yRd;Backs B: M in: LidSgtin 16743 s Q2 1 Subject Rear Subject Street Form PICPIX,SR-'TOThV appraisaS software by a la node, rnc. -1-800-4LAMODE Photograph Addendum Additional street view Dock Adjacent (backs) to busier street Nathan Swansi;9111 ° pomV4fy Propie4 Address 1 093 Greens P1 City Eric County ihilidd Stara co , pi Dade 80516 Lender/Client t tornesteaci Funding Corp diha Meglone Mortgage Covered Porch Side View Electrical panel Form PIC5IX2 -'TOTAL" appraisal software by a la mode, inc,- 1-8V0-ALAMOUE M t ojo. 2.71122011 Page # 12 o127 Photograph: Addendum Nathan Swanson v rnrower Property Address 1093 Greens 131 G4 Erie Count, Weld slats 00 by Code 80516 Lender Client 1 ft mestead Fundinuz Go dba NileFlumeMort.ga e OForced warm air unit & Water heater Distant view of mountains from family room Form PICSIX2' - 'TOTAL' appraisal software by a Ia, mode, ihc. - T-500-ALA.MMMOUE Main Rs No, 2712201 1 Page # 13 al 27 Interior Photos Nathan Swanson O(rUWB( PropertyProperty_Adrinus 1093 greens :P1 City L l is ethifftY Wctd Slate CO by We 80516 Lender Client I Cnniesleacl Funding ('lam .c1ba NikorIon . ?v1urlL!a�e Study Living room n Laundry DIn1nu room Kitchen It Hall bathroom 'Form PICINTS -'TOTAL' appraisal software by a la mode, inc. - i-000-ALAM0UE M ii File NuNu,MaZfillt 27 Interior Photos Master Bedroom Workshop Basement Bedroom Nathan Swanson orrowcir Property Adder 1 091 flreens ,pi - City hit County wild stateco bp Code B0516 Lender/Client IIrimesIead Hilda-ILI CuEjiha Niit:don Mori gale_ Master bathroom Basement Full Bathroom Recreation room Form PICPNF& - `TOTAL" appraisal software by a la mode, inc. - i-OOO-ALAMOUF Interior Photos Main File Nu_ 2 122109 Palle #95u12 Nathan Swanson NOMBY Property Address 1 ©93 Greens P1 City Erie C0unity wad_ State co AP Do4a 80516 Lender/Clienl: I fnmesod=adi 1=u njin,g Coal 1ba Nt ztor ;Szi a e Jr. Master bedroom r - Additional photo of Jr. Master bathroom Bedroom Jr. Master bathroom Full Bathroom Family room Form P iCIN T & - TOTAL" appraisal software by a la mode, Inc, -1-800-A!LA OCE Liu iFI Comparable Photo Page Nu_ 2:71! 22'0 t j F,arQu r ' u' Borrower Nathan Swanson Property Address 1093 !Greens Pi City= 1=rak Courtly Weld Len.d'er/Client I [t mcsi ad Functinw Cm -p dba TckgIune Nlo i.gage Slate Cu r iAndt' .411;+16 Comparable 1 2453 Resent St Prox, to Subject Sale Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age U.S'0 miles SE 494,950 Z481 7 3 2,1 b Res; Naas; 6215sf 02 Comparable 2 1427 Serene Dr :Prot to Subject Sale Ft Gross Living Area Total Rooms Tatai:edrooms Total Bathrooms Location View Site Quality Age 0.67 miles N .528,000 3;90$ 4 X1.1 N; Res; B; M tw„. DAUM 20574 sf Q2 9 Comparable 3 2488. ValWay :Pmt to Subject Sale Price Gross Lilting Area Total Rooms Total Bedrooms Total Bathroar s Location View Site Ouailly Age 09.62 milas SE 685,000 3,280 8 4 B;GIiCse„ B; 1176 sf Q1 10 Fam PICFIX„CR - flTCTAL° appraisal software by a la mode, inc.. - 1-800-ALAMODE Main_File No_ 2712201. 1 Paid #_17,9121 2'? _ Comparable Photo Page Nathan Swanson ci II'Uweir Property Address 1O91 Green; P1 - City_ Eric County Weld State cp _pup Code 805 i 6 Len;d.er/Client, I [t nicthr:ad I-iinclinrt C1 ? _lb i ktugiunke Tk lr1 ra Comparable 4 2451 Reserve St Prox. to Subject Sale Price Gross Liming Area Total Illooms Total Bedrooms Total Bathrooms Location View Site Quality Abe 11,80 miles SE 51�y04000 "949 6 3 2,0 N.;Ites; N;R_esz 5591 sL 1 Comparable 5 1705 Parkdale Car Prot to Subject Sale Price Gross Living Area Total ROOMS Total Bedrooms Total Bathrooms Location View Site Qualm Ace 1 0.56 miles NW 4871$00 002 9 5 4.1 A;fsyRd;I3acks B;.4i1n;LldSghl 10260 si 16 Comparable 6 2041 Lodgepole Dr :Pia, to Subject 114841u I LAS E Sale Price 602,000 Grass Living Area 3,182 Total (Rooms I Total (Bedrooms 3 TotalEathroims 2.1 Location B;G Iff le: View t ;Min;Di de S1tie 13593 sr (thirty Q2 Farm PIGPIX,CR - 'TOTAL° appraisal software by a la mode, inc, -1-800-ALAMODE Main He No. 2712201 16000530 Fife Pilo. 2712201 Page # 10 of 2T UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM (Source: Fannie Mae UAD Appendix D: UAD Field -Specific Standardization Requirements) Condition Ratings and Definitions 01 The improvements have been recently constructed and have not been previously occupied. The entire structure and all components are new and the dwelling features no physical depreciation. Note: Newly constructed improvements that feature recycled or previously used materials and/or components can be considered new dwellings provided thatthe dwelling is placed on a 100 percent new foundation and the recycled materials and the recycled components have been rehabilitated/rernanufactured into like -new condition. Improvements that have not been previously occupied are not considered "new" if they have any significant physical depreciation (that is, newly constructed dwellings that have been vacant for an extended period of time without adequate maintenance or upkeep). 02 The improvements feature no deferred maintenance, little or no physical depreciation, and require no repairs. Virtually all building components are new or have been recently repaired, refinished, or rehabilitated. All outdated components and finishes have been updated and/or replaced with components that meet current standards. Dwellings In this category are etcher almost new or have been recently completely renovated and are similar in condition to new construction. Note: The improvements represent a relatively new property that is well maintained with no deferred maintenance and little or no physical depreciation, or an older property that has been recently completely renovated. C3 The improvements are we l l maintained and feature limited physical depreciation clue to normal wear and tear. Some components, but riot every major building component, may be updated or recently rehabilitated. The structure has been well maintained. Note: The improvement is in its first -cycle of replacing short-lived building components (appliances, floor coverings, HVAC, etc.) and is being well maintained. Its estimated effective age is less than its actual age, It also may reflect a property in which the majority of short-lived building components have been replaced but not to the level of a complete renovation. 04 The improvements feature some minor deferred maintenance and physical deterioration due to normal wear and tear. The dwelling has been adequately maintained and requires only minimal repairs to building components/mechanical systems and cosmetic repairs. All major building comps nerrts have been adequately maintained and are functionally adequate. Note: The estimated effective age may be close to or equal to its actual age. It reflects a property in which some of the short-lived building components have been replaced, and some short-lived building components are at or near the end of their physical life expectancy; however, they still function adequately. Most minor repairs have been addressed on an ongoing basis resulting in an adequately maintained property. CS The improvements feature obvious deferred maintenance and are in need of some significant repairs. Some building components need repairs, rehabilitation, or updating. The functional utility and overall livability is somewhat diminished due to condition, but the dwelling remains useable and functional as a residence, Nate: Some significant repairs are needed to the improvements due to the lack of ad equate maintenance. It reflects a properly in which many of its short-lived building components are at the end of or have exceeded their physical life expectancy but remain functional_ CS The improvements have substantial damage or deferred maintenance with deficiencies or defects that are severe enough to affect the safety, soundness, or structural integrity of the improvements. The improvements are in need of substantial repairs and rehabilitation, including many or most major components. Nate: Substantial repairs are needed to the Improvements due to the lack of adequate maintenance or property damage. It reflects a property with conditions severe enough to affect the safely, sc undness, or structural integrity of the improvements. Quality Ratings and Definitions 01 Dwellings with this quality rating are usually unique structures that are individually designed by an architect for a specified user. Such residences typically are constructed from detailed architectural plans and specifications and feature an exceptionally high level of workmanship and exceptionally high-grade materials throughout the interior and exterior of he structure. The design features exceptionally high -duality exterior refinements and ornamentation, and exceptionally high -quality interior refinements. The workmanship, materials, and finishes throughout the dwelling are of exceptionally high quality. Q2 Dwellings with this quality rating are often custom designed for construction on an individual property owner's site. However, dwellings in this quality grade are also found in high -quality tractdevelopments featuring residence constructed from individual plans or from highly modified or upgraded plans. The design features detailed, high quality exterior ornamentation, high -quality interior refinements, and detail. The workmanship, materials, and finishes throughout the dwelling are generally of high or very high quality. UM Version 9/2011 (Updated 1/2014) Form UADDERN E1A - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAM0DE Main He No. 2712201 UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM (Source: Fannie Mae DAD Appendix D: UAD Field -Specific Standardization Requirements) Page # 19 of 27 Quality Ratings and Definitions (continued) O3 Dwellings with this quality rating are residences of higher quality built from individual or readily available designer plans in above -standard residential tract developments or on an individual property owner's site. The design includes significant exterior ornamentation and interiors that are well finished. The workmanship exceeds acceptable standards and many materials and finishes Throughout the dwelling have been upgraded from "stock" standards. O4 Dwellings with this quality rating meet or exceed the requirements of applicable building codes. Standard or modified standard building plans are utilized and the design includes adequate fenestration and some exterior ornamentation and Interior refinements. Materials, workmanship, finish, and equipment are of stock or builder grade and may feature some upgrades. O5 Dwellings with this quality rating feature economy of construction and basic functionality as main considerations. Such dwellings feature a plain design using readily available or basic floor plans featuring minimal fenestration and basic finishes with minimal exterior ornamentation and limited interior detail. These dwellings meet minimum building codes and are constructed with inexpensive, stock materials with limited refinements and upgrades. O6 Dwel[ings with this quality rating are of basic quality and lower cost; some may not be suitable for year-round occupancy. Such dwellings are often built with simple plans or without plans, often utilizing the lowest quality building materials. Such dwellings are often built or expanded by persons who are professionally unskilled or possess only minimal construction skills. Electrical, plumbing, and other mechanical systems and equipment may be minimal or non-existent. Older dwellings may feature one or more substandard or non -conforming additions to the original structure Definitions of Not Updated, Updated, and Remodeled Not Updated Updated Little or no updating or modernization. This description includes, but is not limited to, new homes. Residential properties of fifteen years of age or less often reflect an original condition with no updating, if no major components have been replaced or updated_ Those over fifteen years of age are also considered not updated if the appliances, fixtures, and finishes are predominantly dated. An area that is `Tot Updated' may still be well maintained and fully functional, and this rating does not necessarily imply deferred maintenance or physical/functional deterioration. The area of the home has been modified to meet current market expectations. These modifications are limited in terms of both scope and cost. An updated area of the home should have an improved look and feel, or functional utility. Changes that constitute updates include refurbishment and/or replacing components to meet existing market expectations. Updates do not include significant alterations to the existing structure. Remodeled Significant finish and/or structural changes have been made that Increase utility and appeal through complete replacement and/or expansion. A remodeled area reflects fundamental changes that include multiple alterations. These alterations may include some or all of the following: replacement Di a major component (cabinet(s), bathtub, or bathroom tile), relocation of plumbing/gas fixtures/appliances, significant structural alterations (relocating walls, and/or the addition of) square footage). This would include a complete gutting and rebuild. Explanation of Bathroom Count Three-quarter baths are counted as a full bath in all cases. Quarter baths (baths that feature only a toilet) are not included in the bathroom count. The number of full and half baths is reported by separating the two values using a period, where the full bath count is represented to the left of the period and the half bath count is represented to the right of The period. Example: 3.2 indicates three lull baths and two half baths. UAD Version 9/2011 (Updated 1/2014) Form UADDERN E1A - "TOTAL" appraisal software by a la mode, inc. - 1-800-ALAM0DE Ian Fi UNIFORM APPRAISAL DATA €T (I AD) DEFINITIONS ITI0N ADDENDUM (Source: Fannie Mae UAD Appendix D. UAD Field --Specific Standardization R.ee Foments) ree 27t2201, I Pdue 20 x'27 Abbreviations Used in Data Standardization Text Abbreviation Full Name Fields Where This Abbreviation May Appears Ad erne Loc tion & Veep, AdiPrk► d(acent to Paa Location AdjPwr Adjacent to Power Lines Location Arms Length Sale Sale or Financing Concessions AT Design (Style) B Berle idol Location & View ba Basement & Finished Rooms Below Grade to Bedroom~ Basement & Finished Rooms Below Grade UsyRid Busy Head Location - - c a ate Date of Sale/'Time Cash Cast _ Sale or Financin i Concessions Comm Cc.mmerclal Influence Location icon Conventional Sale or Financing Concessions Carport Garage/Carport _ cp Crrd Court Ordered Sale Sale or Financing aoncessians CG Sk�r City View Skyline View View Ct Str City Street View View Cw Covered Garage/Carport t,[Il Days On Market Data Sources DT Detached StrilciLire Design (Style) d Driveway Garage/Carport e Expiration Date Date of SalelTime Estate Estate Sale Sale or Financing Concessions FHA Federal :Housing Authority Sale or Financing Concessions Garage Garage/Carport Attached Garage Garage/Carport gbi Built-in Garage Garage/Carport gd Detached Garage Garage/Carport Glf Cse Golf Course: l �7 Golf Course, View �Location V(egw R Garden I Nesign (Style) HH High Rise Design (Style) In Interior Dniy Striirs Basement & Finished Rooms Below Grade Ind industrial Location & View i tie I istirlg Sale Or Financing Concessions Lrtdfl Landfill Location LtdSgl�t Limited Sight View MR Mid -else Design (Style) l4iltit Mountain View View ll Neutral Location & View l �Dnl�rm Non -Arms Length Sale Sale or Financing Concessions +o tether Basement & Finished Rooms Below Grade Other Design (Style) np a ren Garage/Carpet Prk Park View View Puri Pastoral View - View 1'�rrLn Power Lines View PubTrn Public Transportation Location Relo Relocation Sale Sale or Financing Co:n cessions RE Li REO Sale Sale or Financing Concessions Res Resrdontial Location & View RH USDA - Rural Housing I Sale or Financing Concessions r Recreational (Rec) Room Casement eit Finished florins aelow Grade AT Row or Townhouse Design (Style) s Settlement Date Date of Sale/rime SD Semi-detached Structure Design (Style) Short Sh I rt Sale Sale or Financing Cuncessiuns sf Square Feet Area, Site, Basement sqm Square Meters Area, Site link Unknown Date of Sale/Time VA Veterans Administratiu41 Sale or Financing Concessions IN Withdrawn Date Date of SaleMme wo Walk Out Basement Basement & Finished Rooms Below Grade Woods Woods View View WV Water View View WtrFr Water Frontage Location wu Walk Up Basement Basement & Inisnee Keene li me!-` L./ Gee[lt UAD Version 12011 (Updated 1/2014) Form EUADCEF1liE1 A - IrWTA." appraisal software by a la mode, inc.-1$QB-ALAMCOE Llui n File Nu_ 27122n Page # 21 ui 27 Borrower Nathan Sw u.wi 1 rile1'Jo- 712 pL Property Address 1:o61i Greens PI City Elio.'County weed Mate co Zip Code sos l r► Lender/Client Homestead Funding ion dhe Me.klone Mu:rtge t , APPRAISAL AND REPORT IDENTIFICATION This Report Appraisal is tad Report of the f (A r written (lowing types: report prepared under Standards Rule 2-2{a) . pursuant to (lie Sobpo ut Work, as disclosed elsewhere in this report) n Restricted (A written report prepared under Standards Rule 2-20) II pnrsuanl t© the Scope of 1Wark, as disctnse!d elsewihere in this report, Appraisal Report restricted to the slaved intended use by the speciifiied Client ar intended urea.) I in individual Comments certify - - analy . - period - client.. = The The Unless Unless My My effect Unless Unless s.es, compensation analyses. statements reported immediately the th al to the best of tact analyses, opinions, and otherwise indicated, otherwise indicated, preceding tar amount of opinions! at the time this otherwise indicaledd otherwise indicated, providing significant on got ny' coata,ined opinions, conclusions. completing the vale and report Standards I I acceptance conclusions I no knowledge in. and have have this opinion, was prepared.. !lave one real property this conclusions no performed the .made prOVidcd and report present of assignment attainment were a appraisal beet: or no this developed, personal significant are assigrlmeint ''Rule true and are limited prospective services, is not of a inspection real assistance 2-3 correct. Interest as predetermined contingent stipulated and property only by the in the an appraise" upon result, this, report at the properly appraisal is stated elsewhere reported property or in any results.. the development or the occurrence has been that assis#anco assumptions that other prepared, is in its the capacity, or of the subject to IN this report). and subject reporting a subsequent in conformity of personis) limiting conditions Of this report regaling the' of a predetemined event with this report. signing and and no propeirly directly the Uniform this certification that value related we my personal, personal is the or direction to the Standards If interest subject of there impartial, with respect of this teport in value that intended rise Professional are exceptions,. and unbiased to the within favors of this appraisal, Appraisal the professional parties the three-year the cause Practice name of involved, that each of the were Reasonable appraised My Opinion would of Reasonable Exposure have been Time offered on the market Exposure Time for (Li SPA prior to the the subject P defines Exposure hypothetical consummation properly at Time the market as the estimated of a safe at value stated length market in this o1 value ti:rne report that on the the properly interest being effective date of the appraisal.) is: Un ivr 3 months Comments Note Exposure any LISPAP-relatocil Time on Definition: Appraisal The Issues requiring estimated length and Report disclosure of time the property Identification and any state mandated interest being appraised requirements: would have been offered on the *market prior to the h othelleti consummation of the sate at market value on the effective dare of the ariurai aJ: a minas eel' cc estimate based 04 all anai sis of cast events assuming a competitive and open market,. (The Drc mtary of Read Estate Arrpr nsat 5th Aiiiht old. 'F J APPRAISER: SUPERVISORY or CO -APPRAISER fit Signal)) rev, Sltgnahrre: applicable); Nanny Barstow IL Muellerelie Name: Slaw Cenmeatlon it: cc 100038 I.2 I Stan Certification #: or Slate License t Of Slate t.icertse #: State: to Ugptat on Date of .Ceroiticat≥o or License: 1m i o t 7 S: Expiration Date of GCerliflcatuon or Dense: Date at Signature oral Repots, ,r 15/20.16 Dale et Signature: Effedive Date of Appraisal. 02/0912016 Inspection of Subtext; ❑ Hone )174 Interior and Exterior n Exterior -Only Inspection of Subject: I I None Interior and Exterior Exterior -Only Date o1 Inspection Y applicable): 02,109/20 to Date u1 Inspection (if applicable): Form IDl4E -'TOT.4L" appraisal software by a la mode, juice -1-8O -A QDE Supplemental Addendum MS He No. 2712201 File No. 2712201 Page#220127 22 o127 Borrower Nathan Swanson Property Address 1093 Greens P1 City Erie County Weld State co Zip Code 80516 Lender/Client Homestead Funding Corp dba Megtone Mortgage Fee Simple Estate There are typical utility easements on the subject's situ, the Fee Simple Estate is split and as a result, the Estate of this appraisal is effective Fee Simple for purposes of the Intended Use of this appraisal. Assessor's Pared Number In Colorado property records, there is always two property identification numbers (PIN): one of them is utilized by each Assessor's office internally within their respective departments, the other is the PIN which is used to otherwise identify the property for tax purposes. For the subject, 146732244033 is the PIN while R3272704 is the internal Assessor Department number, Tax Rate (Mill Levy)/Property Taxes Taxes are calculated using this formula: Actual Value x Assessment Rate = Assessed Values Then Assessed Value x Mill Levy = Taxes Due. In County the 2015 residential assessment rate is 7.96% and the Mill Levy is 0.159988. Assuming the subject's actual value is $555,000, then $555,000 x 0.0796 = $44,178 or the Assessed Value. Then $44,178 x 0.159988 (Mill Levy) = $7,068 (projected property taxes). Sales Comparison Approach Comments Comparable 1: This sale has a superior location relative to the subject and it is therefore, adjusted under location. This sale has a significantly smaller site relative to the subject; therefore, it is adjusted upwards under site. This sale has an inferior view relative to the subject and it is therefore, adjusted upwards under view. This sale is superior in condition relative to the subject due to a lesser extent of wear and tear and it is therefore, adjusted downwards under condition. Each adjustment is from a modified paired sales analysis and is necessary due to the market's reaction. Comparable 2; This sale has a superior location relative to the subject and it is therefore, adjusted. under location. This sale has a larger site relative to the subject; therefore, it is adjusted downwards under site. Even though this sale has the same quality of construction rating as the subject, it is inferior in quality of construction relative to the subject due to inferior quality exterior, inferior quality millwork, inferior quality flooring, a lesser extent of cathedral vaulted ceilings, and inferior quality kitchen and bathroom finishes; therefore, it is adjusted upwards under quality of construction. It is within GSE guidelines that a comparable may have the same rating as the subject and yet be adjusted for differences within that particular rating. This sale is inferior in condition relative to the subject due to a greater extent of wear and tear and it is therefore, adjusted upwards under condition. Each adjustment is from a modified paired sales analysis and is necessary due to the market's reaction. Comparable 3: This sale's site has level terrain whereas the subject's site has level to sloping terrain and as a result, this sale has a similar net site size as the subject and therefore, there is no adjustment made under site. This sale has a superior location relative to the subject and it is therefore, adjusted under location. This sale has a superior view relative to the subject and it is therefore, adjusted downwards under view. Even though this sale has the same quality of construction rating as the subject, it is superior in quality of construction relative to the subject due to its superior quality kitchen and bathroom finishes, superior quality flooring, a greater extent of cathedral/vaulted ceilings, and a greater extent of architectural details; therefore, it is adjusted downwards under quality of construction. It is within GSE guidelines that a comparable- may have the same rating as the subject and yet be adjusted for differences within that particular rating. Each adjustment is from a modified paired sales analysis and is necessary due to the market's reaction. Comparable 4: This sale's GLA is not adjusted relative to the subject's GLA because this market's per square foot reaction to a 1 -story GLA is superior to the reaction to a 2 -story GLA. This sale has a superior location relative to the subject and it is therefore, adjusted under location. This sale has a significantly smaller site relative to the subject; therefore, it is adjusted upwards under site. This sale has an inferior view relative to the subject and it is therefore, adjusted upwards under view. This sale is superior in condition relative to the subject due to a lesser extent of wear and tear and it is therefore, adjusted downwards under condition. Each adjustment is from a modified paired sales analysis and is necessary due to the market's reaction. Comparable 5: This sale has a significantly smaller site relative to the subject; therefore, it is adjusted upwards under site. Even though this sale has the same quality of construction rating as the subject, it is inferior in quality of construction relative to the subject due to inferior quality exterior, inferior quality kitchen and bathroom finishes, inferior quality millwork, inferior quality flooring, and a lesser extent of cathedral/tall/vaulted ceilings; therefore, it is adjusted upwards under quality of construction. It is within USE guidelines that a comparable may have the same rating as the subject and yet be adjusted for differences within that particular rating. This sale is inferior in condition relative to the subject due to a greater extent of wear and tear and it is therefore, adjusted upwards under condition. Each adjustment is from a modified paired sales analysis and is necessary due to the market's reaction. Comparable 6: This listing is adjusted 1% for list to sale price ratio. This sale has a superior location relative to the subject and it is therefore, adjusted under location. This sale has a superior view relative to the subject and it is therefore, adjusted downwards under view. Even though this sale has the same quality of construction rating as the subject, it is inferior in quality of construction relative to the subject due to inferior quality kitchen and bathroom finishes, interior quality millwork, inferior quality flooring, and a lesser extent of cathedral/tall/vaulted ceilings; therefore, it is adjusted upwards under quality of construction. It is within GSE guidelines that a comparable may have the same rating as the subject and yet be adjusted for differences within that particular rating. This sale is inferior in condition relative to the subject due to a greater extent of wear and tear and it is therefore, adjusted upwards under condition. Each adjustment is from a modified paired sales analysis and is necessary due to the market's reaction. Additional Comments about the sale comparison approach A thorough search was made in an attempt to bracket all the subject's salient characteristics. After consideration of locations, physical differences, and special conditions, in the appraiser's judgment, the comparables used are the best indicators of value although: - some comparables' net adjustment exceeds 15% - some comparables' GLA has greater than a 20% variance from the subject's GLA - some comparable? gross adjustment exceeds 25% - the range of the comparables' unadjusted sale prices is greater than 30% Cornparables from the subject's immediate neighborhood that are similar to the subject are extremely limited, which neccesitates the use of comparables in this appraisal which exceed the GSE's suggested adjustments guidelines. Form TADD -'TOTAL' appraisal software by a la made, inc.-1-8CO-ALAMODE Supplemental Addendum MS He No. 2712201 File No. 2712201 Page#230421 23 of 21 Borrower Nathan Swanson Property Address 1093 Greens Pl City Erie County weld State co Zip Code 80516 Lender/Client Homestead Funding Corp dba Meglone Mortgage URAR: Reconciliation - Reconciliation and Final Value Conclusion The sales comparison approach is used to appraise the subject and is the best indication of market value as it reflects best the current actions of buyers and sellers in the subject's market area. The income approach is not used because of a lack ofrental data in this predominately owner -occupied neighborhood. The cost approach is developed because the subject's house is 1 years old and it is therefore, applicable. Comparrables 1 and 3 each have the most weight because they are each the most similar to the subject in terms of appeal. Extraordinary Assumptions It is an extraordinary assumption of this report and its conclusions that the information available on IRES IVIES and the data available from the County record pertaining to the comparables is accurate and complete. It is an extraordinary assumption of this report and its conclusions that the subject's and each of the Comparablcs' respective Estates include their respective Mineral Estates. Extraordinary Assumption Defined An assumption, directly related to a specific assignment, as of the effective date of the assignment results, which, if found to be false, could alter the appraiser's opinions or conclusions. - As defined to the Definitions section of CTSPAP (The Appraisal Foundation, 2014-2015) Heat Source The subject's heat source is typical for the market area. Other Land Use The 7% "other land use" includes public roadways and parklands. Photoeravhs All photographs in this report are originals taken by the appraiser. Utilities All utilities were cm and in working order at the time the appraiser viewed the subject. Predominate Value The subject's determined value is greater than 10% different from the market area's predominate value; this does not have an adverse effect on it's marketability. Fee Disclosure The total fee due to the appraiser is $500 for this appraisal; it is unknown the total appraisal fee retained by PCV Murcor in connection with this appraisal order. AMC PCV Murcor AMC Colorado Registration /4: AMC2013103S 02/12/2016 Amendment 1, In regards to the Client's request/inquiry: Please verify statement in prior sale that notes the subject's prior as vacant site but then says "...it did include the current single-family residence" as this appears to be a typo. Or explain. Answer: This is amended. 2. In regards to the Client's request/inquiry: External influences: 1) Although grid reflects the subject's adverse location (busy street), page 1 has "no" checked for the question whether "Are there any adverse site conditions or external influences...etc.) which should be checked yes to reflect the adverse location shown on grid. (external). Answer: This is amended. 3, In regards to the Client's requestlinquiry: Health and Safety: 1) Subject photos appear to show property not yet completed with front deck and under eaves still requiring some finishes, railing, banisters, sufit (per covered porch photo). Also subject's wood siding in rear appears discolored and already worn for being one year old. Please discuss whether the subject's structural components are all complete (decks, porches) and whether the lack of completion presents any health and safety issues, missing railing, stair rail, etc? Answer: The ,subject s covered parch is not complete; however, this appraisal was ordered 'as is not 'as if completed'. Although the covered porch is not complete, in its current as of the effective date of this report it does not pose any health or safety issues. In regards to the subject's houses' siding in the rear portion: it is metal, not wood and it is 'tor worn beyond I year old. Form TADD -'TOTAL' appraisal software by a la made, inc.-1-8CO-ALAMODE Maui File Nos 27122O' I Paid # 24 iii 27 Building Sketch (Page , 1) Borrower Nathan Swanson Property Address p ogicreeris P1 City Eric Gawk Weld Ram 0'O .L p C01S L40:16 Lender/Client I Cornestead Funding Corp dha Meglunc Wingage Farm SK F.8 WSKI - 'TOW appraisal software by a la made, itic. _ 1-100eA9. UE Building Sketch (Page - Win Fi Lu Nes 211 2`91.1._Fd80_# 2.ill S:,^ Naihan Swanson : ant wet Property Address a Nil Greens r1 City Eric _ Count V,. L:1 d State co by Code 80516 Lender/Client I fomeslead Funding Corp dila M glo m Mxartga e U1400 Are First Finer Sezcnd FRS Total Living' Area (Rounded)! Non- riving Area Car Ca t J.a'_ iTT6.ii Sq fit 1088.34 So ft 2225 Sq ft 1034.69 Sq ft L d Prootti arid 'Deck '991,25 50 ►t Dwaine rrt 1294.31 Sq Lt Calcrula.tion Details 10_2Sx1 14.Src5 _ 24 15.5 - 43_13 x ?B d_ x 37_25 a CPS 6x1,1 PO 25 72.5 372 11211 4.66 6.6 0.5KQ..ix 1 = 1.04 43_.4x21 = 911.41 0.5x0.! x7F a 0,35 25x7 = 175 4.5 x 10.8)011 - 0,54 11.5 x 21.3 a 247.25 24.26 x 32.25 = 783.15 Q.5xCJ2x32.2.5 = 3.49 C,5 x 0.05 x 33.25 = 10.81 24 u 15.5 9x.12.5 4 x 14.5 9 16.25 5 c 22.5 8 K 10.25 9x2 43.25 x 28.25 5 x .14.5 372 112.5 58 146.25 202.5 82 18 = 12.1.181 = 72.5 Form SKT,EL SKI - "TOTAL" appraisal sure by a la mode. inc. - 1-SOU-ALAMCOE M3i51 File No_ 2712201 I Page # 26 d 27 Comparable Sales Map Borrower Nathan SwanNO11 Property Address 1 f]93_Greens P1 City_ keit ICow1tY Vv,e_.ls1 State cc SSS Code 80516 L `rder/Clien Corp I k[mnestead Funding d,ba Meglone Mortgage a la mace, inc. -•WIP MSC IINSSri z potegiW tamialij R S larquel Way VIma Cfr I` 3 :h Et Commander Dr LI ii z p t I! 0 COMPARABLE NO, 2 2427 Serene iD�rr Erie CO 80515 0,67 miles N COMPARABLE Nos S 2705 Park due dr c'4 that co 64351.6 155 rtiPles NW cesa 1)r %Mr£2 ie Cure Erf:a Dr ttrbiaki-r-ad 4'. " (10 Viking Cr 1 a cg C a e; C fs _ SOW. [CT 1043 Gre eli s PI Friet CO 605)6 re a ne �yy 17.1 li :r .R. I C421111 Cy Roa Creli vice* COMPARABLE No, 4 1451 Reserve Si Erie, CO 80516 0,80 mites SE Gilds w a y COMPARABLE No, 3 218S Vale way Erie, CO 805416 042 mirth SE met State Highway 7 Venal Line e rte' .t a' &r Dr acre' Lc co -u YIapk,r I apt I C z U COMPARABLE No. 6 2O41 Lodgepo$e or Erie4, CO 80516 0.84 miles E a. ra}. i Vi7T:il]rJe: C_ MSI� 4.,th Trinity turn GetirML 1CN rry S S .3 4 7 y C nr- Cuuni ' Rem'.4 I u "3. ama I,. tit ;rF main COMPARABLE No. 1 2453 Resents St. Erie, CO 80515 U•81 nriiies SE r More I--?' t VoilItr 4z 5 Stale Highway 7. 11r -d Itfn4 le S 'a?. CrLi ar�yF R t rd, V 11 dqviritshi Di n yds IVY I Forni MAP,LOC - "TOTAL" appraisal software by a Na mode. iron - laal-J .AMODE Main File No, 27122 1 I Page # 27 IA 27 Appraiser License Ctlotorado Department of Regulatory Agencies Division of Real Estate Licen ration 1,'�V�i�t this license at http. F / 'amcotorad'o,to idr. r f l >A titL.," r., -1r,. Director: Marcia Water Licensee Signature FOB SCNILUL - "TOTAL" appraisal software by a la modem inc.-1-&OU-A CUE To Whom It May Concern: Thank you for considering the appeal to our property assessment. Attached is the appraisal of our property that was conducted in February 2016. Please note that no major renovations or improvements to the home or landscaping occurred between the date of the appraisal and June 30, 2016. The proposed valuation of $700,000 is approximately 26% above the appraisal valuation of $555,000. We see no justifiable reason for such a large disparity. There was no explanation provided in the letter stating the reasons for the valuation, and as such we cannot address those reasons at the writing of this letter. However, we will note that any such reasons considered by the county would have also been considered by the assessor, in addition to the other information and more detailed inspection that the assessor would have had access to that the county would not have. To this end, the property contained as of June 30, 2016: Unpainted walls and gaps in drywall in the basement Unpainted sections of the vaulted ceiling upstairs Section of drywall in ceiling cut out in main floor to fix a plumbing leak from upstairs - Incomplete baseboard and trim work throughout the house Dogs that had already peed on the carpet upstairs with noticeable odor Unpainted interior doors Makeshift steps from the living area to the garage and no trim work (exposed insulation) around the garage door into the house - Missing/incomplete areas of soffit and trim along the exterior, particularly under the deck Missing grass and sprinkler system - half of the yard was still bare dirt Various imperfections due to building a home ourselves for the first time, that likely wouldn't exist with more experienced professionals/general contractor building the house overall, while the house has Certificate of Occupancy, it is certainly not "100% done" that one might otherwise expect to find in our neighborhood. The above considerations are almost all likely unique to our home that is not present in the surrounding properties. With this, we believe $555,000 is indeed a fair valuation. We respectfully ask to reconsider the valuation at this price. Thank you again for your time. Sincerely, Nathan and Valerie Swanson July 21, 2017 Petitioner: SWANSON VALERIE J 1093 GREENS PL ERIE, CO 80516-4703 CLERK TO THE BOARD PHONE (970) 400-4226 FAX (970) 336-7233 WEBSITE: www.co.weld.co.us 1150 O STREET P.O. BOX 758 GREELEY CO 80632 Agent (if applicable): RE: THE BOARD OF EQUALIZATION 2017, WELD COUNTY, COLORADO NOTIFICATION OF HEARING SCHEDULED Docket #: 2017-2169, AS0097 Appeal #: 2008217047 Hearing Date: 7/31/2017 1:30 PM Account(s) Appealed: R3272704 Dear Petitioner(s): The Weld County Board of Equalization has set a date of JULY 31, 2017, at or about the hour of 1:30 PM, to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Administration Building, Assembly Room, 1150 O Street, Greeley, Colorado. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor or his designee will be present. The Board will make its decision on the basis of the record made at the aforementioned hearing, as well as your petition, so it would be in your interest to have a representative present. If you plan to be represented by an agent or an attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office, an authorization for the agent or attorney to represent you. If you do not choose to attend this hearing, a decision will still be made by the Board by the close of business on August 5, 2017, and mailed to you within five (5) business days. Because of the volume of cases before the Board of Equalization, most cases shall be limited to 10 minutes. Also due to volume, cases cannot be rescheduled. It is imperative that you provide evidence to support your position. This may include evidence that similar homes in your area are valued less than yours or you are being assessed on improvements you do not have. Please note: The fact that your valuation has increased cannot be your sole basis of appeal. Without documented evidence as indicated above, the Board will have no choice but to deny your appeal. If you wish to obtain the data supporting the Assessor's valuation of your property, please submit a written request directly to the Assessor's Office by fax (970) 304-6433, or if you have questions, call (970) 353-3845. Upon receipt of your written request, the Assessor will notify you of the estimated cost of providing such information. Payment must be made prior to the Assessor providing such information, at which time the Assessor will make the data available within three (3) working days, subject to any confidentiality requirements. Please advise me if you decide not to keep your appointment as scheduled. If you need any additional information, please call me at your convenience. Very truly yours, BOARD OF EQUALIZATION ,4,;cdt Esther E. Gesick Clerk to the Board Weld County Board of County Commissioners cc: Christopher Woodruff, Assessor Hello