Rene
Springfield,#2Consumer Comment
Fri, March 28, 2003
I am the buyer of the property that Debbie was talking about. I purchased this property from Mike Foster on land contract and then refinanced through a bank. When the property was appraised for us to refinance this property, Mike is the person who had the property appraised. Needless to say, several years later when getting the property appraised again on our own, the appraisal of the property came in over $20,000 less than what Mike had it appraised at. This appraisal was done after many improvements to the home, so the appraisal should have come in higher. One person that Debbie did not mention in her complaint that works with Mike Foster on appraising the properties is Eric Fulty. Eric also works with a company called Mortgage Resource. Eric had a big hand in getting the appraisal on this property done.