(Ye [le STATE OF FLORIDA DEPARTMENT OF BUSINESS & PROFESSIONAL REGULATION FLORIDA REAL ESTATE APPRAISAL BOARD Oe FLORIDA DEPARTMENT OF BUSINESS & ; “3 OD, ee PROFESSIONAL REGULATION, 7 “ DIVISION OF REAL ESTATE, oN eS 22, Petitioner, : Vv. CASE NO. 2001500836 MARISEL ROSS, Respondent. / ADMINISTRATIVE COMPLAINT The Florida Department of Business & Professional Regulation, Division of Real Estate ("Petitioner") files this Administrative Complaint against Marisel Ross (““Respondent"), and alleges: ESSENTIAL ALLEGATIONS OF MATERIAL FACT 1. Petitioner is a state government licensing and regulatory agency charged with the responsibility and duty to prosecute Administrative Complaints pursuant to the laws of the State of Florida, including Section 20.165 and Chapters 120, 455 and 475 of the Florida Statutes, and the rules promulgated thereunder. 2. Respondent is currently a Florida state-registered assistant real estate appraiser having been issued license RI6287 in accordance with Chapter 475 Part II of the Florida Statutes. 3. The last license the State issued to Respondent was as a state-registered assistant real estate appraiser with Frank Escalona, 15292 SW 46 Lane Unit C, Miami, Florida 33185. 4. Respondent developed and communicated an appraisal report (Report) for the property commonly known as 930 E. 9 Place, Hialeah, Florida 33010. A copy of the report is attached hereto FDBPR v. Marisel Ross Case No. 2001500836 Administrative Complaint and incorporated herein as Administrative Complaint Exhibit 1. 5. On the Report, Respondent represent that: a. she signed it on July 27, 2000, b. the Report is effective as of July 27, 2000. 6. On or about October 26, 2001, Respondent provided a “Report History” to Petitioner’s investigator. A copy of the report history is attached hereto and incorporated herein as Administrative Complaint Exhibit 2. 7. On the Report History, Respondent admits that she completed the report on August 7, 2000. 8. On Report, Respondent represents that there were no prior sales of subject property within one year of the appraisal. 9, Respondent knew that a purchase and sale transaction on subject property closed on July 28, 2000. 10. Respondent knew that the July 28, 2000, transaction had a contract sales price of $82,000. A copy of the closing statement is attached hereto as Administrative Complaint Exhibit 3. 11. Respondent knowingly refused to disclose the July 28, 2000, sale on Report. 12. On Report, Respondent represented that the current owner of subject property was Hornedo Lopez. 13. Hornedo Lopez did not become the title owner until on or about July 28, 2000, but before August 7, 2000. FDBPR v. Marisel Ross Case No. 2001500836 Administrative Complaint 14. On Report, Respondent represents that quality of construction of subject property is “CBS/AVG.” 15. The public records reflect that subject property is of mixed construction, CBS and poured concrete. 16. On Report, Respondent represents: “The income approach was not derived due to lack of accurately verifiable data for the mostly owner occupied area.” 17. The multiple listing brochures indicate as follows: a. for comparable one: “Main House 3/2 one apartment 1/1 (Rents $425) and 2 efficiencies each at $325. Live rent free with great income or bring your big family.” A copy of the brochure for comparable one is attached hereto and incorporated herein as Administrative Complaint Exhibit 4. b. for comparable three: “Great Rental .. . two 2/1 two 1/1 and one studio. Total rental income is $2,225/month if all rented.” A copy of the brochure for comparable three is attached and incorporated as Administrative Complaint Exhibit 5. 18. On or about October 23, 2001, Petitioner’s investigator inspected Respondent’s work file for Report. 19. The investigation revealed that Respondent failed to maintain a true copy of Report in the work file. 20. On Report, Respondent failed to analyze the difference between comparable one’s listing price, $145,000, and the sale price, $180,000. 21. On Report History, Respondent admits to having received a request for appraisal of FDBPR v, Marisel Ross Case No. 2001500836 Administrative Complaint subject property indicating a contract price of $195,000. 22. On Report History, Respondent admits that the multiple listing brochure for subject property listed the property for $119,900 as a FANNIE MAE foreclosure. 23. On Report History, Respondent also admits that she had a multiple listing brochure in the file, listing subject property for $92,000. 24. On Report History, Respondent admits that she did not report the listings in Report. 25. On Report History, Respondent admits knowledge that comparable three was “rebuilt as a 2/1 with two 1/1 & 1 studio receiving income although zoned residential.” 26. On Report, Respondent failed or refused to explain or adjust for comparable three’s zoning violations. COUNT I Based upon the foregoing, Respondent is guilty of fraud, misrepresentation, concealment, false promises, false pretenses, dishonest conduct, culpable negligence, or breach of trust in any business transaction in violation of Section 475.624(2), Florida Statutes. COUNT II Based upon the foregoing, Respondent is guilty of having failed to use reasonable diligence in developing an appraisal report in violation of Section 475.624(15), Florida Statutes. COUNT III Based upon the foregoing, Respondent has violated a standard for the development or communication of a real estate appraisal or other provision of the Uniform Standards of Professional 4 FDBPR v. Marisel Ross Case No. 2001500836 Administrative Complaint Appraisal Practice in violation of Section 475.624(14), Florida Statutes. COUNT IV Based upon the foregoing, Respondent is guilty of having accepted an appraisal assignment if the employment itself is contingent upon the appraiser reporting a predetermined result, analysis, or opinion, or if the fee to be paid for the performance of the appraisal assignment is contingent upon the opinion, conclusion, or valuation reached upon the consequent resulting from the appraisal assignment in violation of Section 475.624(17), Florida Statutes. WHEREFORE, Petitioner respectfully requests the Florida Real Estate Appraisal Board, or the Department of Business and Professional Regulation, as may be appropriate, to issue a Final Order as final agency action finding the Respondent(s) guilty as charged. The penalties which may be imposed for violation(s) of Chapter 475 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or certificate; suspension of the license, registration or certificate for a period not to exceed ten (10) years; imposition of an administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or certificate holder to complete and pass additional appraisal education courses; publication, or any combination of the foregoing which may apply. See Section 475.624, Florida Statutes and Rule 61J1-8.002, Florida Administrative Code. The penalties which may be imposed for violation(s) of Chapter 455 of the Florida Statutes, depending upon the severity of the offense(s), include: revocation of the license, registration, or certificate; suspension of the license, registration, or certificate for a period not to exceed ten (10) years; imposition of an FDBPR v. Marisel Ross Case No. 2001500836 Administrative Complaint administrative fine of up to $5,000 for each count or offense; imposition of investigative costs; issuance of a reprimand; imposition of probation subject to terms including, but not limited to, requiring the licensee, registrant, or certificate holder to complete and pass additional appraisal education courses; publication; restriction of practice; injunctive or mandamus relief; imposition of a cease and desist order; or any combination of the foregoing which may apply. See § 455.227, Fla. Stat. (1999) and Fla. Admin. Code R. 61J1-8.002. SIGNED this _/C day of 23. cinq , 2003. Professional Regulation By: Director, Division of Real Estate - FILED Pepartment of Professional Regulation Division of Real Estate - FDBPR v. Marisel Ross Case No. 2001500836 Administrative Complaint ATTORNEY FOR PETITIONER Nancy P. Campiglia Fla. Bar No. 0164259 FDBPR-Division of Real Estate Legal Section 400 W. Robinson Street, N308A Orlando, Florida 32802-1772 (407) 481-5632 (407) 317-7260 - FAX PCP: MC/JB/CK 1/03 NOTICE TO RESPONDENTS PLEASE BE ADVISED that mediation under Section 120.573 of the Florida Statutes, is not available for administrative disputes involving this type of agency action. PLEASE BE FURTHER ADVISED that pursuant to this Administrative Complaint you may request, within the time proscribed, a hearing to be conducted in this matter in accordance with Sections 120.569 and 120.57 of the Florida Statutes; that you have the right, at your option and expense, to be represented by counsel or other qualified representative in this matter; and that you have the right, at your option and expense, to take testimony, to call and cross-examine witnesses, and to have subpoena and subpoena duces tecum issued on your behalf if a formal hearing is requested. PLEASE BE FURTHER ADVISED that if you do not file an Election of Rights form or some other responsive pleading with the Petitioner within twenty-one (21) days of receipt of this Administrative Complaint, the Petitioner will file with the Florida Real Estate Appraisal Board a motion requesting an informal hearing and entry of an appropriate Final Order which may result in the suspension or revocation of your real estate license or registration. Please see the enclosed Explanation of Rights and Election of Rights form. fue No_722400SEF] Page 4] APPRAISAL OF REAL PROPERTY LOCATED AT: 930 E 9 PLACE IMALEAH, FL., 33010 BORROWER/CLIENT. JOSE GRANADOS FOR: SOUTHEAST FINANCIAL CORPORATION 6713 MAIN STREET, SUITE 240 MIAMILAKES, FL, 33014 AS OF: 7/27/00 BY: . E.G. CARTAYA, CREA. : #0002343 STATE CERTIFIED RESIDENTIAL APPRAISER FLORIDA Form GA3 — “TOTAL 2000 lor Windows® appraisal software by a la made, inc. — 1-BO0-ALAMODE ADMINISTRATIVE COMPLAINT EXHIBIT bE aa - PAGE /__ OF 7 . exmisit. 4 pace _ SS ELSA CARTAYA, CREA 0002343 IFue No. 7276G0SET] Page #3) Fy . MARIANZLA foumbete est REPOt UNUM MESIDENTIAL APPRAI“AL REPORT __fieto r2>s008e8 Property agonss 930 £ 9 PLACE _ omy HIALEAH State Fi, lip Oe 33016 Legal Oescripton_ LOT 17 BLK 28 PB 50-24 OR 18034-0417 County DADE Assessor's ParcelNg 04-31 17-004.1530 TaxYea 1999 AE Taxes $ 1,790.23 Dunumer JOSE GRANADOS Current Owner HORNEDO LODE Oceuzant [7 t Own ones appraised 0 Fee Semple ceatengig Pronct iver [1 Pun TT cendemnaen *UOAA ones OAS NIA Di eignogmgon ¢: ProectName _SUN-TAN VILLAGE Map Reterence 53-41-17 Census “tact 8 010 Sale Puce § 195,000 Date of Sale CURRENT Desongian and § amaun of ban crageycancessins © be ball bp acter UNK LenoerChent_ SOUTHEAST FINANCIAL CORPORATIO Agaress 6713 Main Street, suite 240, Miami Lakes FI 33014 Apps MARISEL ROSS #0006707 ogress MIAMI, FL 33155 Locabon Cy onan Ty Susutan CJ Rural Predominant Sat ly Routing T” Present land use‘ | Land unt change 1 Built up BR ove: 758) 25.75% Sj under 25% | occupancy | $1000) us) [Oretamiy 90 | Si nar ukely £5 Lely Growm rte = (1 Rapa & swe} Siow $% Owner 80__low_47 |2¢temy 5 flan process Fropeny vaices {J increasing BX stevie 7} Decking |) Tenant 210 Hen 53 |iwitam Demanassappy {7} Shonage XJ meaiance [7] oversuppy | 5 vacar @ say [Ro Precommnan! [¥} Commerc 1 Markesog tine Ii vnage3 mos} 3-6 mos {1 oyerémos_| [| vac joes) | 180 50 7 Mote: lace anc the raciat compositi ‘of the neighborhood are aot appraisal facters. Nesghdomnood bounoanes and characteristics’ Area boundaries on the Nortn by E 21 St. on the South by & Hialeah Dr, St ‘The easl by 30 Ave , and the West by 4 Avenue A precomunant average residenhal neighborhood Fis tat atlect the marketablay of he properties in the neignbornood {proximity to employment ang amenties, employment siadcey. 2ppeai to market, NC.) ‘Subjecl ig located in an establishea residential neighborhood which is primarily composed ot (2 modure of singie family homes of differen! ages. and let sizes Commerciat use along the major arteries do not affect marketabiity of subject property Al market preferred amenities ae in close proximity Subject emoys average {0 Qo0d appeal markelabiily 10 the area typical buyers HEIGHBORHOOD ‘Market condibons i tne subject neigndanoa6 {inclueing suppom iar the above conclusions relaled to the wend of Property values, demandisupply, and marketing bme 77 Such 26 data on compatine proper lor sale in te neighborhood. deszrintion ofthe prevalence ol sales anc fianting concessions, tic.) General market conditions are stable with supply and demand factors in balance. Loan discounts, interest buy downs and concessions. py Sellers are nol uncommon All forms of ypical financing are available m the alta. However, typical adjustments lo sales PliCe are not collar for Sollar_ Sales data indicales value appreciation thew lime. Listing ratio 1s 95-100%, Marketing time (s common at 3-6 mths Predominant vatue for subject neighborhood nas no adverse effect on subject's vaive andor ts marketabiny Project Intormation for PUD ( applicable} - - is the Cevetoper/bullde! in control o! the riome Owners’ Associaton (0A)? Loves No N/A Approumate total number of unes in the subject project NIA Apprommate torai number af unis for sate sn the subject proyect NIA Describe commgn elements and recreational facies: NOT A PUD PROJECT Dimensions 60x10 Tiopoyrapy Level at Grace — Sue area 6,000 Comer tot (Jes (ino |Size Typical Sprcitic zoning classiticatton and desenpton R-1 SINGLE FAMILY RESIDENTIAL Shape Mostiy Rectanguiar Tonlog campbance [XY Lega (] Legal nonconterming (Granctaznered use} Wegat (_} Nozonmg tones! & be smpioveg PX} Present use Other use (explain) View | Uiithios Pubue Ones (On-site Improvements Type Pubic Private | Landscaping Foy Electrichy & Suet _ASPHALT 2) [J Oviveway Surtace LT Bd cas K MM hn ONE [) [3 | Apparent easements Typital of Recon Water XK MATA He ONCRETE OQ) [FEMA Special Hood Hazgha Area ves Xi tio Santary sewer (X APPR OE BLD |r zone x Map Date MAR/O4 Stoum sewer [} aver ONE OBSERVED. FENDNAJa9 Ko__12024C0 180 J Comments {apparent adverse easements, encroachmems, special assessments, site ‘tas, llega! oF legal nonconforming zoning use. ett.): noted. The appreiger Noted no easements other than normal of records. However, the appraise! was no! provided with proverty surve; GENERAL DESCRIPTION EXTERIOR DESCRIPTION FOUNDATION BASEMENT SULATION ‘No. of Units ON. Foungation REINF CONC [Slab REINF CONC __|Area So. H. N/A Root No. ol Stones ONE Exterior Walls CBS ‘Craw! Space NONE. %e Finishea NVA Ceing_ Type (Det JAIL) DETACHE _ jRool Sunace BUG Basement NONE. Celting. NA Walls 0 Design (Styte) ISTRY Gutters & Ownspts ADEQUATE |SumpPump NONE Walls NIA Foor EnstngPropose¢ EXIST Window Type AWNINGS ‘Dampaess NONE OBSERV_|Ftoor N/A one Fad Age (Yrs) 1950 IStamyScreens SCREENS ‘Seiemem TYPICAL Outside Entry NVA uswnown TYPICA [_} Fed Eliecove Age (Y's) 15-20 Manulactuted House _NO Iintesunon NONE OBSERV | ] _| Fs ROOMS i Lng | _Dinmg_{ Kncnen {Den | Family Rm | Rec Am [Bedrooms] _# Bains | Lani | One + ea Sa ft__| F4 Basement i] [ ] N/A ES (evel x 2 4 i Tt [sé aa i { 2,678 fo} Level 2 + + = { 2 | it a | B Finished area above grade conains: 10 Rooms: 5 Bains) 2,678 Square Feet of Gross Living Area Fd HTEROA MaenaiyConduan [HEATING CHA atic AMENITIES CAR STORAGE EF rows C.Tile/Avg. Type = _FW/AVG None Od) |Frepiaceis) # NONE ["} ]None QQ Was OrwaivAvg _|Fue Stairs LD Pate OPEN BS J Garage # ol cas Timfflish = _WaTite/Ava. Condition ADEQ Orop Stay =) Ibe {J | Atachea Bath Flooe Scutle Porch ENTRY. Od | Detached Bath Wainscot _C Tite/A Floor (C) |Fence ROWD & | sunin Doors Heated Poo! NONE Carport = Fished (J IsTRG SHED Driveway GONE OR Adomtonal leatures (special eneroy elticient tems, etc): Cyrd Entry, window linls, open cone slab patic, ceiling tans, concrete walks , c.lile/ceramic tile Hooring, RaWd fence Condiian of lhe smprovements. depreciauon (physical, functional, and external), repairs neeaed, quakly of constructon, remodetng/agénons, ele: No apparent | Fed physical or tunclional inadequacies noted at the time of the mspection Physical depreciation afributable to normal wear and tear F5} Depreciation basec on effective age. Quality of constiucion and conditions appears average. s ° Adverse envronmental conditions (such as, tut act limited te hazardous wastes, lnuc substances, etc) Present in the improvements. an the site, or in the Ammediate vicinity of Me sudject propery. There 's no apparent evidence of adverse environmental conditions on the site of in the improvements that would negatively affect the vaive of the subiect propeny Fredmte tac Form 70 693 PAGE 1 OF 2 Fannie Mae Form 1006 &/93 Fosm UA2 — “TOTAL 2000 for Windows" appraisal sofware by a le mode, Inc. — 1-BO0-ALAMODE ADMINISTRATIVE COMPLAINT EXHIBIT # PAGE Zor 7D MARIANELA atuation Section UNIFORn: RESIDENTIAL APPRAIS*L REPORT FilgWo “Z24C0SEF ESTIMATED Sie VRLUE = E7000 |Comments an Cas: Anproach (saz=as source ESTIMATED REPROOVCTICN COST-NEW-OF INPROVEVENTS., squa’e toot zatculetat ano for HUG VA and Fo ‘Dwelling 2678SuF @$ 5500 = S$ 247.290 economic tia of the oraperty). SEE S: CH ATTACHE! SqFt es . Subyact'’s tend value ratio ig 3B%_ Corts APPLS/EXTRAS LUMP SUM = 8,000 {area and has no negaive effect on sub, Garagetamot sah OS = marketability Torai Esumated Cost New . = 1$§ 290 |-Cost estimated through Marshall& Swift Cost Valuation Svc & Less Physical Functional Eternal modified by loca! buiider cost information COST APPRCACH Depreciation 34,164} i 38 34.1641 -Comps GLA modified to segregate non ivable areas pe! cubic Depreciated Value ot improvements wa FS, 121,126 | records . “As-s*Value ol Site lmocoverents - LNOS/FENCE/ORW 5, 4.000 | Estimated remaining economec ie apcroxmately 40-50 years (WOICATED VALUE SY COST APPROACH . =$ 195.126 TEM i Sumect ' COMPARABLE NO}. COMPARABLE NO. 2 i COMPARABLE NCE 930 E 9 PLACE 870 € 18 STREET S76 & 14 STREET 34 E 13 STREET Agdcess__ HIALEAH ieee HIALEAH Proximity to Sulect z 39410 BLKS NW 18 BLKS NW. Sales Pace = - 180,000 fing 8 PPeatyis 180 600 PreeiGross ting Area 1S 72.82 4s 69.71 the: 4 6004 Sheer Data ander Pub Recoras PUB REC/ISC/PRC PUB REC:SC/PRC PUB REGISCIPRC Wentication Source inspection EXT VIEWING EXT VIEWING EXT VIEWING VALUE AQUUSTMENTS | DESCRIPTION SUS Agest OESCRIPIION + (-)8 Adust PESCRIPTICN Les Ades ‘Sales or Financins CONV MTG CONV MTG: CONV ATG Conzessons $171,000 : $171,000 $144,000 ‘Date ot Sale Teme ocTisa MAY/2000 MAY/2000 _ Location “TRSEAVG iL RSFIAVG RSF/AVG TRSFAVG ~ LeasenaaFeeSimae | Fee [Fee Fee Fee ~ She £000 } 8160 2,000 | 10800 4,000 | 6750. NO ADS View RSFIAvg RSF/Avg LRSFiAvg URSF/Avg Design and Appeal 1STRY ISTRY 1STRY ISTRY Quality of Constructon_| CBS/AVG CASIAVG ! CBSIAVG CBSIAVG Age 1950 1947 NO ADJ | 1949 NO AD, | 1956 NO ADJ —s Condition AVERAGE AVERAGE [AVERAGE i AVERAGE a Above Grade Total Borms Baths | Towi -Bémms Bans - Total Borns. Baths _ Total Bors Baths, Faq Roam Count 1o 6 6 {10' 6 5 +1,500/ 7 3 3 +aso0f 10 6 5 +1,500 Bed Gross Living Area 2678 Sg.FL 2582 $¢ A 21,700 1,946 $q Fl. +13,200 2,249 Sq +7700 F4 Basement & frishet | N/A NA : NIA N/A F5q foams Below ce | NVA NA i N/A NA Fe Funcvonst ua ADEQUATE ADEQUATE ADEQUATE ADEQUATE BAY rearing Coaiing CENTRW UN | CENTRAV UN | CENTRAW UNTS * CENTRAL -1,900 FY Energy Elicient Weng | INSWNO/DOOR | INSWND/DOOR + ~_TINSWND/DGOR INSWNO/DOOR Fd GarageCazpon CONCIORWY. SLABSTRIP_ CONC/ORWY LCONC/DRWY. Fa Porch Pano, Oeck PORCHIPAT! | PORCHIPAT! PORCHIPAT/ PORCHPAT/ Fireplace(s), ec NONE NONE NONE NONE Fence Poot ec FENCINONE | FENC/NONE | cencmone encom H.SHUTTERS UPKIT EQUIP _| TYP KIT EQUIP 72,500 | TYP KIT EQUIP 500} U P [retAg ton seen SST Re TN 8 3700/Xj+ Tf) - Adjusted Sates Price i 43 ee NAS of Comparable hens s 183,700 | Grpss 3. Comments on Sales Comparisan (including the sublact property's compatitaity 19 Me meghbornood ttc.) _All comparable sales &/or resales chosen (rom subject's neighborhood andor similar adjoining market area_ Equal consigeralion given to all comps since they are simular in design and. appeal to subvect property. Above camps have a close value range with subject property faling mid-range for an estimated market value of 195,000 , tem SUBJECT COMPARABLE NC 1 COMPARABLE NO 2 COMPARABLE Ni} 3 ‘Date, Price and Data NA NIA NIA NIA ‘Source, for prey sates. witng yeat of appraisal_| PUB RECORDS | PUB RECORDS PUB RECORDS PUB RECORDS 4 Analysis of ary curent agreement of sale, opdan, o” bsIng ‘of subyect property and analysis of any prior sales of subject and comparables wann ane year ‘of the date of appraisal Subject estimated markat value is consistent with above sales analysis Previous sales noted and total assesment valve qiven 36. value trend indicators. Subject and Comps sold over a year ago. INDICATED YALUE BY SALES COMPARISON APPROACH 3 195,000 INOICATECVALUE BY INCOME APPROACH (if Applicable} __Estmated Market Rent s NIA (Mo. x Gross Rent Muliplier J N/A = S. ‘Thus appraisal is made x “asis’ — [__j\sudject to the repairs, alterations, inspections or conditions listed below LL; subject to comptevon per plans & soecilications. Condtors dl Apprasa Insufficient data fp available for the Income Approach, This is a summary report of a limited appraisal as defined by SR 2.240) USPAP Final Rezonctanon” Actual buyer-seller bctions in the markel area, are most accuralely analyzed by the Sales Comparison Approach That apgfoach is gwen greater weight in the reconcitation. The Cost Approach provides confirmation only The income approach was not dunved. ‘duelto lack of accurately venfiable data for the mostty owner occupied area. EET The clipose of ths sporasals 0 esbmate The market value of te real property tats he subject a is repoM, based on he abaré cartes and ins certcabon comtngeat EA st lindng consroans.ané maret valve detntion that are sated me atachen Freddie Mac Form 438/FHMA form 10046 (Revised 693 ) Fad !(we) ESTIMATE THE MARKET VALUE, AS DEFINED, OF THE REAL PROPEATY THAT IS THE SUBJECT OF THIS REPORT, AS OF 727m BE} WHICH 1S THE DATE OF INSPECTION AND THE EFFECTIVE DATE OF THIS REPORT) TO GE s_- 195000 Baal APPRAISER: , SUPERVISORY APPRAISER (ONLY iF REQUIRED: Signae 7 wet Fe Signature ia Rl oid bia Not Name MARISEL ROSS Nang E.G. CARTAYA CREA inspect Property PE (ate Report Sioned 7/27/00 Oate Report Signed 7/27/00 State Certilicanon N/a Stave FL State Certification # 006243 Stale FL Or state License # _2006287-ST REG ASSIST APPRAISE State FL. O State License # _ ST.CERT RES APPRAISER Sate FL Freoaie Mac form 7 693 PAGE 2 OF 2 Fanme Mae Form 1004 6-93 Foes UR2 — TOFAL 2000 tor Windows® aporarsal software by 2 la mode, inc — 1-800-ALAMGDE ADWINIS iRaALive CUiVPLAINT ExHiBiT 4____/ PAGE Fo _ 19 6+ UNIFORM RESIDENTIAL APPRAISAL REPORT MARKET DATA ANALYSIS ON ta thase te jems of significant vatiairon between the subject and camoarabie properties. if a significam em w the comparabie property is superio’ ta, c: mare Javorable than, the subject propery. a maws (-) adjustment s made, thus reducug the wndicated value of the subsect I: a Significant dem: im Ine comparasee iS inferior Yo, oF ess favorable than, the subject property. 3 plus {+} adjustment is made, aig gad Brogan 4 EN nin ana plbwine Is sebeal ond Rave wath canned a Taba ASR The deserplion mendes a gave’ aujisive™t Telecury ‘hus sicteasing the inaicated value of the subfect TER [___ suaJecr COMPARABLENO 3 COMPARABLE NO oe 930 £9 PLACE 567 E 17 STREET ~ HIALEAH MIAMI . oe t Ig So Pricey Gross Living Area 76712 = nef _ FI ~~ Data and/or Pub Records | PUB REC/ISC/?RC ~ Yeiticawon Sources | Inspection EXT. VIEWING 7 _ oe t VALUE ADJUSTMENTS TL DESCRIPTION __DESCRIPTION | +(-jS Adust_ | DESCRIPTION {iS Aust | DESCRIPTION esp gust] Sales or Financing =| CONV MTG ~ Concessions NONE NOTED . 7 . ‘Date af Saie/Time 245/00 _ _ _ _! Location RSE/AVG 7 eae ee an (easenold Fee Simple Fee ; — . Sat 7830 =1,500 . 7 . Pa vew _ RSF/ Avg. _ . _. _ - _ EF Design and Apoed! 5 ISTRY. . ; _ ES Quainy of Construction | CBS/ AVG CBS/AVG. _ _. _ Fe$ Age _}2950° 1950 _ . +E Conanon AVERAGE | AVERAGE __ | ee 7 Ea Above Grade | Jolai_ Bars Baths | Tota Borms: Baths Total ‘Barms_ Baths {Iota FEB Room Count Wo6 6 19° 5 5 +1,500 _ _ _ FA Gioss Ling Aiea 2,678 Saf 2542 Sq FL’ +2400. Sa fl _ __ BE Basement & Finished |N/A N/A Rooms Below Grate |N/A N/A a _ Funchonat Uuilty ADEQUATE | ADEQUATE _ a 4 HeauingyCooting CENTR/W UN | SIMILAR 4 [Enevay Etticenl nems | INSWND/DO_[INSWND/DO i . - iport CONC/DRWyY_|CONC/DRWY _ _ Porch, Pallo, Deck, | PORCH/PAT/ | PORCH/PAT/ : Fireplaces). etc NONE UPKIT EQUIP ° 4 UPKIT Date, Price and Data Source lot prior Sales wahin year of appraisal Pi Commens ADDITIONAL COMPARABLE 4 SUBMITTED TO SUPPORT SUBJRCTS INDICATED ESTIMATED MARKET VALUE GIVEN IN THE REPORT. _. _ _ EQUIP ne} Mle | bg 2,400 wl 197,400 Marxel Cala Analysis 6-93 Form Ua2 {AC} — "TOTAL 2000 for Windows’ apprarsat software by a fa made, inc —~ 1-800-ALAMODE ADMINISTRATIVE COMPLAINT EXHIBIT #2 PAGE —4- of __}) acd DEFINITION OF MARKET VALUE: The most crapapie pice wnich a proverty siuué Lang wf # compettivs ang open maruel werner all cangmuns teqmene (0 3 Iv sale. the Buyer and caller, e2€h acting prutenily. nowiecgesbly and accuming the once ss net atlsctaa By undue stn UWnohien an thee Getingon 15 the consummation ot a sale 25 of a spectied date and ine passing of Ime trorn seller to buyer uncer conaivans wrereby (t) diver and seilet ate Lypicaly mouvated, (21 both pares ate well iniormec or well acvised. and each acting m what he considers his cwn Dest interest, {3} a Jeasonzove Ime ts zewed tod exposure i the open marnet: (4} cayment is mace In terms ot casn at US. dollars or in terms of Haancial arrangements comparable theists, 4nd (5) the pt epresents the normal consideration tor the property said unattected by special or crealive tnancing or safes cancessiOns* granled By anyone associated Ah the sale “Aguswments to the comearables must te made ler special or creative firancing of sales concessions. No agjustmems are ~2cessaty tor those costs which 22 normalty paid by sellers as a resuM of tradilion or law an a markel area: these costs afe ieaduy iceniabie since the seler payS these costs in vitually all sales Wansachons, Special of creative financing adjusiments can be mace to te comparable pioperty Cy comparisons to Itmancing terms onered by a Inid party wSitulional lender that is not alreacy involved un the property or lransaction, Any adustmert shoud not be calculated on a mechanical doar lor acltar cost of tne financing er ccncession du the dolar ameunt of any adsiment should appronmate the market's reaction to me tmancing ot concessions based on the appraiser's judgement STATEMENT OF LIMITING CONDITIONS AND APPRAISER’S CERTIFICATION CONTINGENT AND LIMITING CONDITIONS: The appraiser's certficaen that appears im Ine appraisal cepam iS suDject 10 the following conditions 4. The apgraser wal no: Ge sesponsible for matters of 2 legal nature that affect ener the propery deing appraised of the tile 10 A. The appraiser assumes tnat the live is goad and markelable and. therefore, wil nal render any opwucns about the ‘fle ‘The property 15 appraised on the basis of d deing unde responsible ownerstup 2, The anpraises has provided a sketch m the agpratsal report to show approumate dimensions of the improvernents and the sketch 1s micded only to assist the seader of the repon :n visualizing the properly and uncerstanding the appraiser's determunation ut as size 3, The apovaiser has ezamined Ine avadable flood maps thal are provided by the Feceral Emesgency Management Agency (or other data sources) and has noted In the appraisal sepon wnether the subject ste is located nan Wentiied Special Flood Hazaid Atta Because (he appraiser is not a surveyor, he ot she makes no guarantees, express of implied, regarding this determn:naton. 4. The appraiser wal not give tesumony oF appear im cout because he or she made an appraisal of me property in Qquesiion,” uniess specific arrangements to do 50 have Deen made belorenand. ~ 5, The appraises has estimated the value of the fand in the cost approach at Ms highest and best use and the amprovements at thei conbidetory value. These Stparale yaluaions of the land and enprovements must not de used m conjunction win any other appraisal and are valid d they are so used. 6. The appraiser fas noted a Une appraisal tepan any adverse Conddions (such a5, needed tepaits, depreciation, the presence of Nazarcous wastes lone substances, ec) observed duting the Inspection of the subject property or that Ne of she Decamne aware ol during Ihe normal research waved i pertortung the appraisal Unvess otherwise stated im the appraisal tepon, the appraiser has no knowledge ot any Mdden of unapparenl conditions of the properly of adverse envionmental conditions (including the presence of hazardous wastes, toxic substances, ett.) that would make the propery more of less valuable, and has assumed that there ate no such condfioms and makes 0 guaraniees ot warranlies, express of implied, regarding the condition ol the property The appratser wA oot be cesponsible for any such condtlans that do exist of tor any engineering of lesimg thal might be requred 10 discover whether such condtions exist Because the appraiser is not an expert wi the field of enviomnental hazard’, the appraisal report must not be considered as an enylanmental assessment of the property 7. The appraiser obtaned (ne formation, estates, and opinions that were expressed in the appraisal (eport (vom souces thal Ne oF she considers to be telable and beliaves them to be ttue and correct. The appraiser does not assume responsibilty tor the accuracy of such dems tha were {unisned dy other partes 8. The appraiser wit nol disciose the contents of the appraisal ceport except as proved for in the Uniform Standards ol Professional Appratsal Practice 9. The appraiser has based tus of het appraisal report and valuation conclusion for an appraisal that is subject (0 setistactory compleuon, repairs. of allerauons on the assumption tnat completion of the erprovements wil be performed in 2 workmaniike manda . 10. The appraiser mus! provide is or Net prior wetten consent Defave me lendeciclient specitied in the appraisal report can distribute Ue appraisal report finchuding conclusions abow the ptoperty vaue, the agprasser's saentty and prolessiona! designations, and relerences 0 any professional appraisal cuganzations or the lum wh whch the appraiser i assocuaed} lo anyone other than the bowrower, tne morgage or fs successors and assans the mongage insurer consuitams: grolessindl appraisab organatons, any stale or federally approved financial institution, of any derartmem, agency, oF ins\rumesialny of the Unted Stales of any stale of the Distt cl Cokamcia, except thal tbe lendet/cttent may distibute the property aesciption secon of tre tpart only to data collection or reporting service(s) without hawng 10 obtain the appiaisel’s prio written consent The appraiser's witten consent and approval must also ne obtained pelore the appraisal can be conveyed dy anyore to the pubbe tough advemising, pubic relatons, news, sales. of other media Fredure Mac Form 439 6-93 Page dof 2 Fannie Mae Form 10048 6-93 ELSA CARTAYA, CREA 0002343 Form ACR — “TOTAL 2090 tor Windows" appraisal sofware by afa mode, mc. — 1-800-ALAMCDE ADMINISTRATIVE COMPLAINT EXHIBIT # Pp - a AGE OF | ‘ | a Fle No T22400SET Pace as APPRAISER’S CEATIFICATION: Ine Agpraser coetilins 2nd ageaes IT 1 nave sesearcned the sunyeel market ara and have selected a mecca ch ima recent ques of Tee most sendat and ploumale 10 the subyecl top" tot roncaferation in ie sales compannsen analysis and have made a dotat adprstmert when apqropriala to vetect *me market reachon 19 those fees of sign ar canaina He a signdscant dem i a comparable prapeny +S Superior 1@. oF more tavorable than, the subsecl property Mave made 2 negative adyistnent to reduce ine adpisleg sales poce of the comparable and, d a sipoticant dem 4 compara propemy 6 wteior fo, of Tass tavorabie than tbe supject propedy | have mate 1 pnsdve adjustment fo mcrease the ahusled sales price of ne comgaradie + bia tren io consideration Ine (Actors That nivs an pact or skit an my Ovelarmeet ot psuemate ol avarkel value in the appeansal renga | ave ct Seussungly ned any signiieant formation from tne apprasal rere 266 | beleve, 10 the dest of my Spowiedge thal ab stalemects and inteumation m the ciel sak eeport ate tue and cotrect. 1 tated the appiassat report only my awn personal unbiasen 2°21 oralessvonal analysis Opmtons ard conchesions, which aie subject anly 10 the cortinget ind lenvting condtions specified ia thus {osm 1 Lave ng gunsert cr prospective waterest In the property wnat os 1 subveet to thes tapmet ana hase a peeent or prospective personal intesest or has wah sespert 10 the pariipants inthe Uansaction { did not fase, eftes pa aly oF comnpirnty soy analysis and ot Toe eetenaie of market vatut im INA APONaIA! fn the cace color sgion Sex, ancicaD, famial stabs, of ation evgn ot etna the paspective owners ct occopants of the sunyect property oF oF the piesa naners or occupants ot Ihe eoperes the viindy of the subject prosety Shave no present of contemplated hare Invest In the subject Nrapest, ARd nether oy current er future employment not ey compensation Tor performing Is apteasai 9 comimgrat on the appuonsed valve of the property 1 was not reguived fo report a predetermined value or divecon #0 wie thal favors the cance of the chemt ot any slated party, Ne amaurt of the value Astenate the atainmeot ot a specdic resutl of the occurrence ‘of 2 subsequect event in order fo receive my compensatien and’or employment tot pectormung the appraisal il vot base the appraisal fepot on a requested minimum valuation, a sercite ‘valualion, o¢ the need f0 approve a spectic mortgage loan 1 L pestormed Ins apptaisal a coniormity wath the Untonn Standards cf Plolessional Apqvaisal Practice Uhal were adopted and promurgated by Ihe Anprassal Stamiards Board of The Aggtaisal Foundation ‘and that were in piace as ol the effective date of Ihs apprarsal, win the excephion of the departure provision of those Stoadards, which dors nat apply | acknowledge that an estimate of 2 reasonable time for exposure im {he open market is 2 Condfton in the defintion of market value and fhe eximate } developed is consistent wih the marketing time soled in ihe nelghornood section of this report, utless Ihave otherwise staied mv the reconctialion sechon, BL have personally inspected me nlesior and extenot areas of Ihe sutyect propesty ‘and the exterior of all properties listed as comparables in the appraisal repent F twiher crably Inat have noted any apparent ot known adverse cottons Ihe suyect erprovemeots, on Ihe subject ste, as on any $f within Ihe immedate cindy of the suibject ploperty of whicn { am aware and have mace dusters tot these adverse condone ® my analysis of the property value to the extent that | vt naukel evidence (6 support tbem Ihave also commented 2bouk The eltact of he adverse condtlons on the marketabrity of the subject property } peisonally prepared af conclusions and opmions about [he seal estate that were set forth in the anqvaisal report IHL retled on signdicamt protessvonat assistance (tom any indnidual of ladreiduals In tne performance of tne appraisal or the preparation of the appvaisal report, {have named such indrviduais) and sclosed The spectic tasks performed by them in the reconcfiallon section of this appratsal repo I centy that any individual 50 named ts qualified to pectarm the tasks 1 have not authorized anyone to make a change 10 any fem in (he 1epor. therefore, # an unauthorized change IS made to the appraisal report, | wal lake fo tesponsioify tor ® 10 This appeaisal report will be used for a Mortgage Loan application purpose only The appraiser has established that the shent umferstands the limited utility of Uns “Summary Appraisal Report” and has establisehed that "Summary Appraisal Report" is suitable for their intended use This appraisal report ts prepared and ils use restricted to the Client/ Lender anlicated in the header section of this report. “THE USE OF THIS REPORT BY UNINTENDED USERS AND FOR THE SUPERVISORY APPRAISER’S CERTIFICATION: 1 a superisory appraiser signed the apprarsal repot, he or she cectities and agrees thal I daeclly supernse the appraiser who prepared the appraisal report. nave renewed the appralsal report, agree wah the Slatements and conciysloms of the appraiser, agire to De bound by the appraiser's cerlificallons numbered Atmough 7 above, and am laking ‘taf cesponsibildy for the appraisal and the appratsal report. AMORESS OF PROPERTY APPRAISED: 930 £ 9PLACK, HIALEANS, Fla 38010 oon APPRAISER: . SUPERVISORY APPRAISER {only i required): noo tee Squiie £402 04 th ©, Signatute: 2 eee nine MARISE?. ROSS #0006287. ame EG CARTAYA, CREAN Date Signed: 7/27/00 _ Dav Signed 7/27/00 State Certitteation #: N/a. . State Centtication # 00024 ‘ot State License #. 0006287-ST. REG. RAIS ‘of Slate License # SLCER . State FL Sate FE __ Eeptaton Dit ol Ceticaton or cease 11/30/2000. __ _. Explation Dal of Cericaien or License, 11/30/2000 _ Did Not Inspect Property Fredihe Mac Fair 439 6-93 Page 2012 Fannie fae Form 10G4B 6-93 foam ACR — "TOTAL 2000 lor Windows’ apptalsal sofware Dy ala mode, ine — 1-800-ALAMODE ADMINISTRATIVE COMP LANT EXHIBIT +. PAGE or _ 1] 940 Sject Photo Page (Sangwes_uett JOSE GRANADOS County DADE Sate FL Bp Case_33010 Pr Aagress_ 230. E 9 PLACE HIALEAH ender SOUTHEAST FINANCIAL CORPORATION a Subject Front 930 £ 9 PLACE Sales Pree = 195,000. 1 GLA 2.678 Total Reors 10 Toul Berms 6 Total Batis 6 Location RSFAAVG View RSFrAvg ste 6.000 Quality CBS/AVG Age 1950 Form PiC436 $8 — ‘TOTAL 2000 tor Windows” appratsal software Dy @ {a mode, nc, — 1-800- ALAMODE ADMINISTRATIVE COMPLAINT EXHIBIT #, PAGE 7_of 11 Subject Rear Subject Street we No. fed c arable Photo Page Dangwevouem JOSE GRANADOS ~ Procerty Acdress $30 € 9 PLACE . Sige FL dip Code 33010 ‘Sty_HIALEAH Courty DADE ‘ender SOUTHEAST FINANCIAL CORPORATION. Comparable 1 B70 E 18 STREET Proximity 10 BLKS NW Sale Pnee—-180,000 Comparable 2 576 E 14 STREET Pronmty 9 BLKS NW Sale Price 180,000 Comparable 3 234 £ 13 STREET Pigsimty = 8 BLKS NW Sate Price. 180.000 Form PiCax6 CR — ‘TOTAL 2000 lor Windows® appraisal software by a la mode. inc. — 1-800-ALAMODE AviViNID iii EXHIBIT #. PAGE ee eed EAI | —_X__ oF _ J G2 ‘¢ arable Photo Page (gunoen(Cien JOSE GRANADCS Progeny Addess_ 930 E 9 PLACE Gry HIALEAH County DADE Stare FL Dp Coxe 33010 4 ‘uender_ SOUTHEAST FINANCIAL CORPORATION aw Comparable 4 567 E 17 STREET Prax lo Subrect 12 BLKS NE Sate Pnce 195.000 Form PICPIX CR — “TOTAL 2000 for Windows" appraisal softwaie by a la mode, inc. — 1-800-ALAMODE AuWliNioteaaiiye Gove LAUNT EXHIBIT #_ J PAGE F_or__ i. 5 WN Fie No THpANSEF Pace 3 Location Map Propeny Aaaress 930 E 9 PLACE = 7 : a _ _. 7 {ety HIALEAB comy DADE State FL _ din Cage 33010. SOUTHEAST FINANCIAL CORPORATION ode, inc. — 1-800-ALAMODE Form MAP.LOC — “TOTAL 2000 for Windows” appraisal software by ala me ADMINISTRATIVE COMPLAINT ' EXHIBIT # ( oo a BLiLDING SREICH ADDENDUM SUBJECT APPROXIMATE INTERIOR LAYOUT MEASUREMENTS = TOTAL & 16.7% 57.2 = 999.2 0.3 8X 62.3 = 498.4 20.4% 57.2 = 1,166.9 BIH BD 3.2 X¥48.8 = 57.6 Tot Livable: = 2,678 KIT BD BIH ler DIN Rt BD LIY BIH FOYER BD Total Livable = 2,6 oo Total Patio = 1 4-7 Vet gan 20.4 NOTE: THIS APPRAISER IS NOT A SURVEYOR, ALL DIMENSIONS ARE APPROXIMATE AND ARE FOR VISUAL AID ONLY. THIS APPRIASER'S CONTINGENT & LIMITING CONDITIONS ARE ATTACHED TO AND INCLUDED AS AN INTEGRAL PART OF THIS REPORT. ADMINISTRATIVE COMPLAINT EXHIBIT #_ OF PAGE //_ of 1] ores " FLOOD ZONE MAP be oe Ree L/ 10 “Cyr dV y # LIGIHX3 ANIVIdWOD JALLVYLSININGY ATIVE COMPLAINT ADMINISTR EXHIBIT # PAGE / OF J: <2. LOOD INSURANCE RATE MAP H | DADE COUNTY, PLORIDA AND INCORPORATED AREAS ! | | PANEL 80 OF 625 (sce Map moes FOR PALELS Moy PRINTED) | ' CONTAINS | (uel reqagm Panky SUT MAP NUMBER 12025C0180 J MAP REVISED : MARCH 2, 1994 Pederal Emergency Management Aves) ee FLOOD ZONE MAP LEGEND SPECIAL FLOOD HAZARD AR AG MINDAILD BY 100-¥CaAaR TLBOD ZONE A Ne Lene Lnseett ee ta ate sa aed ZONE af Dare Wood et waters ZONE AK fiom mepine at tte - ot penung? tere Hood een ete etuned Z0NC 40 Fiona depihe at baa (tert tot paty sheet How on woping Hei ual, aerrane acutny eee lermined For areas of musot tan Nooang. velocities alsa determined lo be protected tom I%-y,e0" flood hy Tederattiong protection systers under can: struclon, no bose Nood elevations deter+ mane Coottal flood with vriocity Marna fauve at fronl,ne dese Nood eleratons oetermined 2ONE VE Coosiot Hood wh ecincily Maret tener oF lon? Dose Houd elevations Unter maned FLOODWAY AREAS IN ZONE AE OTHER FLOOD AREAS 2ONE x Atay of 500 pent trong, «rea ot INO ynae Hood =m average dieniny mi tees thon Vinal « OF wilh eaneye oon lese thon | caver fre; ond ereos pratecied by keeter hem MID: yee! Mood OTHER AREAS ZONE X Meos Aclernuned lo be culside S00-yeor Nosapion. : 20NE D Areas im abich Ipod Sosned, ore wideler> med UNDEVELOPED COASTAL BARRICRS: SS EN ASS Went-heg laraiehed Oteer ine 1933 1930 Proveciea Maas Someta) hares wr eay ore narmially Incoled sition oF adyacral ts Sieciol Hund Mared Aros : _— Flovoniom Goundm y Floegeay Nounoary Tone D Bounsary Boundory Dividing Special Mood Horord Tones. ond Boundary Urviang Areas of Dittevent Constat Bass finog Cievatons Wtnn Snecialllond Maree Zones Pare Lined €tewution Vie sention my Fe a Crees Serhan tne {EL 987) Rose fone Crvation ie feel Where Unityem wane Tone++ RM7, Elevation Relerence Mork eMi5S River baie rePelerenred to Hintinant Coadelic Vertical Dalam of 4929. FLOOD MAP LEGEND - ADDENDUM ADMINISTRATIVE COMPLAINT EXHIBIT #. / , PAGE OF Va ADDITIONAL COMME..TS ADDENDUM ADDITIONAL LIMITING CONDITIONS AND FXPLATION OF THE REPORT *....PURPOSE OF THE APPRAISAL: 1} The purpose of this report is to estimate the market value of the subject property as of the date indicated. The definition of market vaiue is defined on FNMA Form 1004B (6/93). The subject is appraised on basis of conventional financing, unaffected by any special financing concessions, fees, costs or credits; in accordance with the definition of Market Vaiue attached hereto. *.... STATE CERTIFICATION: 2) One or more of the appraisers identified herein are certified under Florida STATUTE 475.01. Accordingly, at tne certification contained herein is amended to include the following: “THE ANALYSIS, OPINIONS, OR CONCLUSIONS WERE DEVELOPED AND THIS REPORT HAS BEEN PREPARED IN CONFORMITY WITH THE REQUIREMENTS OF THE STATE OF FLORIDA FOR STATE CERTIFIED APPRAISERS. THE USE OF THIS REPORT IS SUBJECT TO THE REQUIREMENTS OF THE STATE OF FLORIDA, RELATING TO REVIEW BY THE REAL ESTATE APPRAISAL SUBCOMMITTEE OF THE FLORIDA REAL ESTATE APPRAISAL BOARD”. *...NOTICE OF THIS APPRAISAL REPORT INTENEDED USE AND RESTRICTIONS: . 3) This appraisal report will be used for a Mortgage Loan application purpose only. The appraiser has established that the client understands the limited utility of this "Summary Appraisal Report" is suitable for their intended use. 4) This appraisal report is prepared and its use restricted to the Clientvlender as mentioned in the header sections of the report. “THE USE BY UNINTENDED USERS (ANYONE OTHER THAN THE CLIENT FOR THE SPECIFIED USE)... 1S PROHIBITED. EXPLANATIONS OF THE APPRAISAL REPORT *_. NEIGHBORHOOD PREDOMINANT VALUE-SECTION COMMENTS: 5) Reflected in the “Neighborhood Predominant Value” section are the lowest and highest-prevailing selling prices- of typical single family residential homes in the neighborhood which closed and are deemed to be good sales within 12 months prior to the reports effective date. Isolated extremes at either end of the range were omitted. . The predominant value in the neighborhood will not always be the same as the subject's appraised vaiue. This does not necessarily indicates that an adverse condition exists. A thorough research performed of the subject's immediate area evidenced that the neighborhood predominant and range of slightly higher an/or lower values then the subject's appraised vaiue have no significant adverse affect on the subject's marketability, unless otherwise specified within the report. ~_., EXPLANATION OF BUILDING AREA (SQUARE FEET) FOR SUBJECT & COMPARABLE SALES IN THE SALES COMPARISON GRID OF THE REPORT: 6) This appraisal uses “ACTUAL-LIVING AREA" in the market analysis both for the subject and comparable sales properties. The living area used for the sales data has been abstracted from the PUBLIC RECORS/TAX ROLLS- a service provided by ISC &/OR PRC an accepted appraisal practice. a4 However, it may have been further modified by the field agpraiser's observation and information obtainable through one or more of the following methods: & property survey, field measurements. constructions plans, previous appraisal records including other reliable date records available PLEASE NOTE THAT IN DADE COUNTY, TAX ROLLS LIST BUILDING SIZED IN ADJUSTED SQUARE FEET. THIS ADJUSTED LIVING AREA IS THE SUM OF THE BASE AREA PLUS A PERCENTAGE OF OTHER BUILDING AREAS. ALL PATIO AREAS AROUND THE POL (EVEN IF SCREENED) HAVE NOT BEEN INCLUDED &/OR CONSIDERED IN THE ADJUSTED LIVING AREA, COMPARABLE SALES USED IN THE “SALES COMPARISON GRID” HAVE BEEN ADJUSTED ACCORDINGLY. *... MARKET ANAYLIS SECTION/COMPARABLE SALES COMMENTS: 7) Every effort has been made to secure comparable sales, which closed within the last (6) month's period immediately proceeding the date of valuation. However, utilization of saies which occurred beyond the optimum period but within prior (12) months, an acceptable FNMA guideline, will indicate that analysis of current sales in the area of most similarity to the subject were unavailable or that those recent sales available would require larger adjustments than those chosen. Therefore, comparable sales used will reflect the selection of those properties deemed most representative of the subject property with similar utility characteristics and considered the best indicators of value. This is a common and necessary appraisal practice in this area. In most instances and locations, market derived indicators reveals no significant difference to support an adjustment for time, measurable in dollar value within the one-year period analysis of comparable sales. in the area. Therefore, unless otherwise specified in the report no time adjustment have been made accordingly. Typically, the marketplace will indicate a stable condition with no significant measurable increase or decrease of value in the subject's immediate is neighborhood. *,..FLOOD ZONE INFORMATION: 8) The information given on this report refers to the location/(or not) of the subject property in a “FEMA” or HUD identified special FLOOD INSURANCE RATE MAPS (FIRM), issued by the National Food Insurance Program (NIFP) of the Federal Emergency Agency (FEMA), and subject to a current property survey. The Flood Zone information appearing on this report does not directly address the question of whether or not Flood insurance is required on the property. , From time to time a subject property will fie on or near a zone boundary line and it may be difficuit to determine which zone (s) is indicated... in such cases the appraisal form will indicate the most hazardous zone... Final determination of Flood Zone should be verified against a property engineering survey indicating flood elevations. AUWINIO Emin ive Ui iiN EXHIBIT #_ ef PAGE lle. OF 1d 100 ADMINISTRATIVE COMPLAINT / OF EXHIBIT # PAGE LZ WZ “SEPTIC TANK Cr’ NTS 9) If “SEPTIC TANK" is indicated on the site of the report, it is noted that this is an acceptable for of waste disposal and typicai in the neighborhood. Unless otherwise noted in the comment section in the SITE area of the report or by separate addendum, no visible probiem was observed at the time of the inspection, and the existence of a septic tank would have no adverse effect on the subject property estimate of vaiue and/or its marketability. *... FINAL ESTIMATE OF VALUE CHARACTERISTICS CONSIDERED IN RECONCILIATION "Interior and exterior inspection of the subject property. *Exterior inspection of numerous comparable in immediate area of which (3) are used in the report. “Analysis of County Assessment Records of all area comparable sales history considered, whether chosen or not. “Evident maintenance and re-investment in the subject property and comparable sales noted and considered. “Analysis of marketing time for subject property and comparable sales considered will imply: +The property will be actively exposed and aggressively marketed through commonly used channels by sellers of similar properties. «List price offering reflects most probably markup over market value typically used by sellers of similar type properties in the area. -.A sale is consummated under the terms and conditions definition of market value required by the regulations. “****RECONCILIATION OF APPROACHES TO VALUE***** The subject property will be valued using the Cost Approach, Direct Sales Comparison Approach and the Income Approach according to the Uniform Standards for Professional Appraisal Practices/July 1% 1987. However, any omission of the recognized appraisal methods are explained below and a reference comment =(N/A) will be made in the report valuation analysis accordingly. Typically the Cost approach is considered a supportive indicator of value when the subject property is a fairly new construction and/or has been recently renovated/upgraded most major components to date of valuation. Then, both the Market and Cost approach may be given equal consideration in the final estimate of vaiue. However, where accurate rental data is unavailable for a subject property in a market area if mostly owner occupancy, the Income approach is considered inappropriate and omitted. As noted, (N/A) in the appraisal repon accordingly. Most reliance is placed in the Income Approach to vaiue for Income Producing residential properties for the best reflects the attitude of typical investors in the subject property market area where sufficient available rental Gata exists for mostly multiple family residential properties. Finally, most reliance is placed in the Direct Market Approach to vatue when sufficient quantity and quality of current similar comparable sales are available as it best reflects buyers and sellers attitudes within the local residential market. .... Unless otherwise specified this appraisal report is made based on the “ AS IS" condition of the subject property being appraised at the time of the appraisal report. Appraiser: Date: E.G, CartayaC.R.E.A. #0002343 STATE CERTIFIED RESIDENTIAL APPRAISER [ol ze reve PRED IUCHPe rer sers sealed o QcT+26-481 we Figo 7226X0SCF Page #18, —— Fli¢ No. 722400SEF ————. ay 10/24/01 REF. 630 E © PLACE, HIALEAH. FL, 33070 Report History: 4/11/00 - Whan this preparty was inwalty called in for an appraisal report on a purchase of $205K it was Actively iisted on the MLS for $119,900 as a FANNIE MAE foreclosure. Al the time the market area research was conducted, available evidence for similar Properties showed that there were four comparable Properties most similar to the subject, with a vaiue ranging from $155K to $185K. A proyected sales price for the Subject property was estimated to range from $132K to $214K , based on those same comparable sales per S/Sq Ft( $87 - $89) and AVR {Assessment to Value) Rabo According to the original request, the seller documented per my conversation with Marianela. the requester, was not the owner of title per Public records When this was communicated to Marianela, she informed me that the subject was in the process af Closing with FANNIE MAE This property was then to be resold to a new buyer with Ihe seller being the same as the one noted On the orignal request We then informed her that unt the FANNIE MAE transaction was completed we could not prepare an appraisal report with the noted selier The fie was left as Pending, until we recerved a FANNIE MAE closing sialement nating the new owner 7128100- On (hig date, Matianela contacted us with an appraisal order for the same Property with a new purchase price of $195K When the market research was done, we again noted that the owner was still FANNIE MAE We lef a message for Marianela. and received @ response the foliowing day 7/26/00, stating tnat ne FANNIE MAE closing was scheduled for 7128/00 Based on the anticipated closing and the fax raceived on 7/27/00, the Subjects general information was. entered into the report. Up until the final Closing of the property and days afterward untit 8/7/00, severat Market analys s were conducted Each one Providing more relevant and similar comparable information The report wan then completed after the closing. wnen an inspection of the property was compleled. The market analysis completed the date of the order, noted that the FANNIE MAE MLS listing. showed anew lsting price of $92,500 with a pending sale slatus. Also noted. was that this was the second change since is a Original listing thrae months prior April 2000 A consolidation of all (ne market analysis completed since the order an 7/25/00, showed statistics for three Similar comparable sales ranging trom $160K to $1B0K, a value similar to the one obtained in April 2000. Therefore, a crojecied sales price for the Subject property was estimated to range from $155 to $235K based on those 6ame comparable sales per $/Sq Ft and AVR Ratio Based on the consolidaled market analysis. all comparable sales were considéred and four were chosen based on two predominant characteristics, GLA square foctagas and total oom and bath count. Those comparabies were as follows “#1. 040 E 0 Filace - $180K - photo #6 #2 - 576 E 14 Street - $180K - photo #8 “W3 -1131 E 6 Avenue - $168,900 - pnoto #7 #4 234 E 13 Streat - $180K - photo #9 After exterior viewing of the comparables chosen and verification of sale, it was determined that two of the four comparables were not acceptable as similar sales. An addtlional comparable was selecled from the consolidated market research The final properties selected were dvd # JISIHX3 ANIVIGNCS SALLVYLSININGY Comp #1 - 870 E 18 St- 10 Blks away from subjeci- Sold Oct/99 with 8 Bd & § Bths and 2,582 sf for $180K Comp #2 - 576 E 14 St- @ Biks away from subject - Sold May/00 with 4 Bd & 3 Bths and 1,896 sf for $180K. (per appraisal plant records ) of 11/4/99 Comp #3 - 234 E 13 St- 8 Biks away from subject - Sold May/00 with 6 Bd & 5 Bth and 2.249 sf for $480K {par MLS data records researched on 7/25/00) Dovumentatior of the comparables not chosen '$ avallabie in the file JO cA Rasponse: 'ssuie 1 and 2° The dale reflected on the completed appraisal report was the date the general Information was entered on 7/27/00 After the report was completed the date, the general information was entered, was not changed. However, as evidenced by documentation in the file, (market analysis on 7/25/00, 7/26/00 7127100, and 8/7/00) the correct dale the teport was completed was 8/7/00 tssue 3 Our office file contained an MLS printout showing the subject property in foreclosure with a listing price of S82K with no mention in the report. As mentioned in the history. the listing price was changed twice within thre months a typical occurrence amongst foreciosure sales These changes may or may not adversely affect the marketability and / of value of the subject Afler the changes were analyzed and consideration was given to the impact on the subject t was determined that no adverse affact was evident Thus, the infortnation was not noled on the report Form OCVA.. “‘TOTA: tor Windows" aprasal software by ala mode. inc --- *-B00-ALAMODE > DA EXHIBIT. o>) ‘7 te Oe SER! ‘Tis No. 722400SEF' Pags #19, Fe ho 722400SEF Comparabie 1 id for $168,900 was not used. On 7/20/00 when the tSC information was pulled, it appeared ae if the property had been sold Upon verification of the sale. through the MLS and PRC, it was noted that the sale was fol recorded on a eecand externa! source. Per USPAP. the Sppraisal guidelines, al! galas must be verifiad, at a minimum, through two external sources. Since the aecond source was unavailable, this comparable was unacceptabie. issue 5 Camparabte #1 shows a difference between the listing price of $145K and the Closing value of 5180K. Other sales considered and analyzed shawed a typical large difference in vaiue therefore research Der area markel data derived did not show a significant difference requiring adjustment for this item issue 6 Comparabie #2 shows a difference in square faotage and bath count from the tax rail and 1SC This comparable was appraised by myself on 11/4/99 and data obtained fram the report was that ihis Property Is a 4 Dedroom / 3 bath home with 1,896 sq ft The addition of the bedroom and baths are not reflected on the MLS and ISC records The noted bedraoms, along with the square footage on the report appear to be a typographical error A difference that would not warrant an adjustment or alter the adjusted value given Issue 7: Comperabie #3 data obtained trom the MLS shows this home gutted & rebuilt in 1989. nowever rebuilt as a 2/1 with two 1/1 & 4 studio feceiving income although zoned residential which eliminated any adjustments for conditions ber data researched in the market area where significant difference was congidered & analyzed and found to have a Negative effect on the correction to comply with city zoning code This item eliminated any conditions adjustments found between subject propeny and this comparable sala Tha subject property was in foreclosure at the time of the appraisal report, however no code violations were mentioned in tha listing report, nor were any found upon field inspection by the appraiser Issue 8 Adjustments to ling items on the sales comparable gnd are based on significant differences found tn the rrarket. Its typical to find difwrences In value due to a different amount of bathrooms in similar propenies. This diference it also seen when similar properties have a differance in gross living area This 1s nol a duplicate adjustment, but an industry standard, 10 adjust the vatue of the house for the Gifferencas in paths and GLA The amount of the adjustment is derived from the market data. Based on the above mentioned analysis of similar sold comparabies in the subject's market area and Properties being offered for sale, thie appraiser found that typical buyers of similar properties within thy area were willing lo pay $69 71 to $92 $0 per Gross Livable area Therefore. this appraiser considered @ reasonable and expected price to be paid by typical buyers to te $72 to $73 per sq ft for the eudject propeny As the total gross living area for the subject Property is 2.678 sf at $73 per sq f= $195,494 (rounded) $195,000 to ba the indicated estimated market value for the subject property at the time. . Form OCA -— “"CTAL tor Windows® appraisal software by ala mode inc ~- *-@00-AL AMOOE rs | ~~ 40 J _-va # LIGIHX3 @ LANIVIdWOO SAILVYULSININGY |\OF 2900 Uo: 31 FAY Won? vas we LER. -JEMENT U.S, De artment, of Housing SETTLE! ee - and Urban Development SMB No. 280200266 FmHA 3. __ Conv ning €, File Name 7 usar \wtber 2 Ma-tpare ieesraten Gays Numbet — Cony, Ie. 20- 26955 >. NOTE: This form is fu: rnighed ic give you a statement ‘oPactual settement costs. Amounts paid to and by the setiler want agant ae shown Hens marked «°.0.C.) were paid outside the clasing: thay are shown. rare for information purposes and are iol incksdad in the totals. F, Name eng access “ott Lender ), Name and Address of Borower E. Name and Address of Seller WRNELO LOPEZ SECERAL NATICHAL MORTGAGE ASSOCIATION i545 MIAM] LAKE WAY SOUTH 3485 NOEL ROAD. SUITE 600 TAME LAKES. FL 33014 CALLAS, TX 75240 . — ee — _| 3, Feaparty Location H. Sattlement Agent WATSON TITLE IKSURANCE INC. #30 € 9 PLACE 7 a +IALEAR FL 33010 an SA [Pace of Sonlamert Ti Setrament REC FANT. Z00 1490 N¥ 49TH STREET, SUITE 120 Date LOAN #1672675347 i . FT. LAUDERDALE, F.ORIDA 33309 87/2809 orn \ ; _ “J. SUMMARY OF BORROWER'S TRANSACTION: K. SUMMARY OF SELLER'S TRANSACTION: i zo, Gross Amount Due To Seller 401. Contract sa’es price 100. Gross Amount Due From Borrower 191. Cortract saks price ersonal property So ‘ament charges to borrower (lina 1400) . 82,000.06] 62,900.00 items pald by seller in advance 105, Cityhowr taxes : i; ae Oe 107. County taxes _te _. 2 ft. 108, Assess nents to ae nn 109. . . _ 110, | 129 GROSS AMCUNT DUE FROM 8SAROWER 82,. $15} 42. GROSS AMGUNT DYE TO SELLER ___*82.200.00 209, Amounts Paid By or In Behall of Borrower Tico Reductions in Amount Due To Selle 201. Deposil or earnast Sar ee ae OC] 301. Excess Deposit (see msrrictions) leno sil Of eames i - - —| 202, Principal amourtc¢ _ - __1 502. Settlerent charges to sel 4) . é.140,00 228 Exusting Yoan(s) taken + Laker BUG 2st (0 to . fom - $03. Existing loan(s) taxen sublec’ =<. eee | 204, fl. 4 804, Ps aye of first mong aga ‘oan .- _} 205. __ 2d no7Gaye ‘oad __ = _ es ee 207. ~ _ 208, > 203, a | Adjustments tor items unpald by seller __ _| Adjustments for items unpaid by seller 216. Sity/town taxas to 510. Cry/tewn taxes to - 211. County taxes O01 to o7i2e| 1.378.901 511. County taxes . aki to 7/28 1,378.90) 212, Assessments lo $12. Assessments to 219 513, __ 214, _ ° 514, i 215. __ _ Tg. : _ 216. _ 516. 217. _ i Tsi7 i 22.0 OCS ~ 219. 519. —_— rt 229, TOTAL PAID BY/FOR BORROWER 3,378.90] £20, TOTAL REDUCTION AMOUNT DUE SE LER. 3,512.30 3g0_Cash At Settlement From or To Borrower 60c. Cash At Settlement To or Fro n Seller 361. Gross amount due from borrower lice 120} 82,679.00 1601. Gross amount due to se'ler (line 420) 82,000.00 302. Less amounts paid by/lor berrewar {lino 220) . 3,378 96) 622 Loss reduc: on amouct due sellgr (lina 320) [ 3.51890) 303. CASH FROM BORROWER 79,300.10) $03. CASH TO. SELLER 78 481.10 SE SGATEMENT, BOTH BUYERS 4:0 SELLERS AGREE 10, AEPROMATE BETWEEN Tr EMSELYES, TO INCLWOE TANG. ox on CENOS. QUES FeLMG EN MA NO GREAT Hes SYeew BANK DO NOT MEFRORATE SUYEA(S) AND SUCLER(S) ACKNOWLEDGE. UNDEF SYAND AND ACREF TH: ATSON PEgUAS HOT CHECHED ANY UTLITY PLS. iN¢LuG NOP AuaneD TO Bas, ELESTEIG WATER ANE OR Stier BBR ON THs PACH emty, TREREF ORE wi” AEE TO PAY ANY AND AL UTILITY UP To THE WATE ‘6! EO UPON By QUTH SAPTIES, EHS. AND gash vost a MAKE = ABRAS.GE ‘Benrgies 30Vd # LIGIHXI 410 A , € ANIVIGWOD SALLVYLSININGY OF. 82.2009 09:32 Fax ous ong ~~ : PAGE 2 ; - “TTLEMENT STATEMENT PES 3. GEPAATMENT OF HOUSING AND URBAN DEVELOPMENT SE Pa EF OM PAID FROM | FILE #: 20-00955 2.000. 00@ +.50= 9.00 |BORROV ER'S| SELLER'S FUNDS AT FUNDS AT SETTLEMENT [SETTLEMENT "SETTLEMENT CHARGES: - . 100, TOTAL SALES/BROKER'S COMMISSION baséd on price $ Crision of sommission (line 700) @s follows: 1,230.00 to COLOWELL BANKE! Ts 701, $ 702. $ ko ry ITEMS PAYABLE IN CONNECTION WITH LOAN 7 BOI. Loan Origination Fae‘. _% 862. boan Discount * * C3. Appralsai Feo to _. — —— ac4. Credit Report to 35, Lender's Inspection Fee to _ 905. Aopilcation Fee ta _ 667, Assumption Fee to : _ 308, Underwriting Fee 80s. 810, ath ral 813 fla, 615, om . . 200, ITEMS REQUIRED BY LENDER TO BE PAIO IN ADVANCE 931, Interest from to _ $s tony 902. Mengage Insurance Premium for to [9 3 Hazard insurance Promiu® for ys to a. _ 905. _. _ 100), RESERVES DEPOSITED WITH LENDER FOR 1001, Hazard insurance . mo@s 1002, Mortgage Insurance, m0.@$ 1009. City property taxes mo.@$ 1004. County property taxes _ mo.@$ 4005. Annual Assassmants . mo.$ 1006. _. _ mo.@$ : £1007, me Qs imo._ \ 1008. Too, TITLE CHARGES LCi. Settiament or clasing fea to WATSON TITLE INSURANCE 1102. Abstract ¢r title search to WATSON TITLE/ATTORNEY’S TITLE 3103, Title examination to ‘WATSON TITLE INSURANCE ah. 1104, The insyrance binder to _ 3105. Document presaration to. ~ _.. 1106 Processing Fee to 3107, Attorney's fees to (includes abéva tems No: _ 1408. Tle insurance To WATSON TITLE INSURANCE _ _tiggludes _aba.s tems No: 1199 Landa’’s coverage $ 1110. Owner's coverage § €2,900.00 471.50 tcl 0 Risk Prom Tas RECERTIF:CATION WATSON TITLE INSURANCE ($75.00) 26.50] ** 46 30 Tie, ENDORSEMENTS —_ ~~ 1115, TAC AND EN SEARCH -- WATSON TITLE INSURANCE ~ ~~ “200. GOVERNMENT RECORDING AND TRANSFER CHARGES ~ _ : ___Cead $ 10.50; Morigage § ___1 Fieases § : 10. 50} Ocea $ i Mortgage $ : Dosa $ G2.00_; Mortgage § 7 992.00 on —_— | 1300. ADDITIONAL SETTLEMENT CHARGES ~ a - 1301. Surve’ ta _ — ——__ $302. Past Inspection to ” rn "303. COURIER FEES | WATSON TITLE TM £ ~ p22 ES ISURANCE 1304 WIRE TRANSFER FEE WATSON TITLE INSURANCE nn 1305, —— oad - 13048, RR A 1307, 7308. “400. 5 AP OVAL SETTLEMENT CHARGES {enter an imas 103 arg SC2, Sections J and K) have cavelury reviewed iho UUD-+ Gor LA Ea Cotaes a 896 19,6 tac: ct my snomlodge a+ y Actavey st ty me le ihe an | farina Senn'y ina t nave recede eos ory na ge And deeaseracy TSRNED OT Keys Borrower FET NATION Oo TOPRT ¥ Las TORAL WOO GAGE TSS ITA ON Giter BRB Sort at wy bara tea; we nine Rees ee SSE To nn A9Vd 40 m > x o Lez DZ 4G a 4 < m oO 336 = : 2 = we XV) »pyright 2000 Southeast Florida Regional »t M744600 BC:RUANO1 OF:RUANO-REALTY INC. AREA: 31 AZON: STATUS: CS/RE1 dee S70*E *18 ST ° RP: SLB: 145550 DADE Fe: 04~-31-08-003-0480 CITY: HIALEAH 2P: 33013- GEOAR: 1: *S-GEN LG:*8 53 41 .18 AC SUN DECK VILLAGE PB 45-93 STYLE: R30 #I: 1 5: 04 TN: 31 SE: 8 SD: 3 PN: 480 MAP:*P9 ST: FL TYPE: SINGLE 7:SUN DECK VILLAGE SN:*SUN DECK VILLAGE MN: \ o:* 2396 TA:* 2396 YR:*47/RS CONV: BED: 6 FBTH: 5 HBTH: ARAG: 0/ CPT:'.0/ WP: "PACE: § FS: U/ ARK : GUEST SLABSTRP STREET “ PARK RESTR: coos 60 x 136 SP: 8160 LOTDS: 0-1/4ACR INTERIOR OVERSIZE PRER:N/ VIEW : NONE TRAC: DESGN: DETACH /1STORY REMODEL INST: CBS sTUCCO ROOF : COMPROLL LOOR: CERAMIC TILE DINE : DIN-LIV EATINKIT SNACKBAR 20MS: FAMILY GST-INLW DOL :N/ PL: SPA: N 3M: GREAT BIG HOUSE. GOOD FOR TWO FAMILIES. MAIN HOUSE 3/2 ONE APARTMENT 1/1 (RENTS $425) AND 2 EFFICIENCIES EACH AT $325. ES: LIVE RENT FREE WITH GREAT INCOME OR BRING YOUR BIG FAMILY. MS: ALL CENTRAL AIR CONDITIONED. WITH IRONWORK AROUND AND AN HS: OVERSTRED LOT. WELL LOCATED BY LEJEUNE AND 18TH. IR: CALL OFFICE FOR APPOINTMENTS. NO SIGN ON THE PROPERTIES. EASY TO SHOW DURING AFTERNOON HOURS. DR: DA: KT: FR: FL: PR: 2B: 3B: 4B: SB: DN: PB: 1BR+CRND UR: CP: . - PETS: / NTSR: COOKISLAN WALKCLOS QUIP: DRYER ELECWHTR RANGE-E REFRIG SMOKEDET WASHER NDW : BLINDS SHMETAL SLIDING RESTR: NONE XTER: BARBEQUE FENCE LIGHTING OPENBALC OPENPORCH | VEST: 2BEDRMS 2BATHS GH: UBDV: LAUNDRYFC MAINT: EAT : CENTRAL ELEC SPRINK : QOL : CENTRAL CABLEAVL: Y ‘ t : MONICIPL SWR: MUNICIPL PRMSCONS : CONV EXCHANGE OWTBWRP ASSUME: N DAV/SOH: $ 103734 PR: N/S$ HOA: N FEE: $ / DMV/ASV: $ 120215 X:$* 1826 TXYR:*98 TAX: CITY/CNTY HOMESTEAD ™: $ la larlaesietesteiateiateteheiaietetetatetetetatetetetated OFFICE INFORMATION ~-----------------234------- PID: 570522 LS: CARLOS MENDOZA OPH: 305-822~-7700x FAX: 305-822-2771 PID: 2A: APPT: LILY APH: 305-829-1279 2PH: 305-313-3422 um TY : ER ON: ON#: 2AG: 305-584-8296 2 xx MAILO: webmaster@ruanorealty.com PHOTO: 1TAKE DB: N m o& MAILA: cmendozal@aol.com XCP/BROCHURE:1 + OBA : 3 COTB: 3-- CONR: 3 VAR: N JA: N PEC : ABSTRACT INSTOWNED TITLEINS POSS: FUNDING . ae CCUP: TENNAT SHOW: APPT-ONLY CALL-LO NOSIGN LD: 03/05/99 OY = REV STATUS: PS STATUS CHNG:10/14/99 = REVS: 145550 PRICE CHNG : ORIGS: 145550 m Net:Y/GREAT BIG HOUSE.GOOD FOR 2 FAMILIES.MAINHOUSE 3/2.ONE APT 1/1 RENT. $425 IQ58 Rmrks 2 EFF.(RENT $325 EACH).LIVE RENT FREE W/GREAT INCOME OR BRING BIG FAMILY 7 : Uv D: 07/30/99 DM: 147 FURN: U cD: 10/08/39 SP: $ 180000 = R: CONV CB:ELAMO1 - SPID: 0391223 SS: ERRASTI, LAURA SPID2: $S2: --INFORMATION IS BELIEVED ACCURATE BUT IS NOT WARRANTED--- 07/25/00 04:35 PM opyright 2000 Southeast Florida Regional at H723570 BC:HARI OF : HOME-ACCESS REALTY AREA: 31 AZON: STATUS: CS/RE1 dit - 234*E 13 ST RP: SLP: 189000 Tl: DADE FH: 04-31-18-003%1401 CITY: HIALEAH 2ZP: 33010- GEOAR: U:*S-GEN LG:*TOWN OF HIALEAH 1ST ADD AMD PB 5-122 STYLE: R30 #1: 1 ‘. 04 TN: 31 SE: 18 SD: 3 PN: 1401 MAP:*010 ST: FL TYPE: SINGLE y SN: *HIALEAH 1ST ADDN AMD | MN: \ os* 2249 TA:* 2249 YR:*56/RS CONV: Y BED: 6 FBTH: 5 HBTH: \RAG: O/ CPT: ‘l/ WF: ” FACE: N FS: / ARK : SLABSTRP STREET “PARK RESTR: 2 50 x 135 SF: 6750 LOTDS: 0-1/4ACR IRFR:N/ VIEW : GARDEN RAC: DESGN: ATTACH /1STORY INST: CBS ROOF : SHINGLE JOOR: TILE DINE : JoMS: FAMILY GST-INLW MAIDINLA XOL :N/ PL: SPA: aM: GREAT RENTAL - LIVE FOR FREE AS CURRENT OWNER DOES — HOUSE SPLIT.UP AS TWO 2/1, TWO,1/1 AND ONE STUDIO. TOTAL ES: RENTAL INCOME IS $2,225/MONTH IF ALL RENTED. EXCELLENT MS: LOCATION. ENTIRE HOME WAS GUTTED AND REBUILT IN 1989. HS: HOME CAN EASILY BE CONVERTED TO A DUPLEX FOR LARGER UNITS. IR: RED ROAD (4TH AVE) TO E 13 ST. THEN EAST TO HOME. **'**CAN BE SHOWN AFTER 4:30 WEEKDAYS & ANYTIME WEEKENDS**** Rs DR: DA: KT: FR: FL: PR: 3: 2B: 3B: 4B: SB: DN: PB: ENTRYLVL UR: CF: . - PETS: / SPLITBED . DRYER ELECWHTR RANGE-E REFRIG REFRIG REFRIG REFRIG IDW : AWNING RESTR: NONE