Tam H. Gaskell's work is very questionable. She is probably has very little experience in the market place.
She produced a report, presumably an auto-generated report, that listed houses within 2 miles radius. Wrote a letter to her as follows, per today 8/25/26.
I got 2 other CMA reports (Intero and MLS Listings) that are at least 100k$ above her estimate. Both show 885k$ ~ 920k$ range. I requested full refund several times since I won't be able to use her report, and she refused answering. My questions to her about her deductions for house value were not answered. I paid her $375, and she used auto generated appraiser's report, with her lack of knowledge in the marketplace.
I am also writing a complaint letter to the Bureau of Real Estate Appraisers.
Dear Mrs. Gaskell:
I believe your estimated value for my home is way under what the market price of recently sold home. I find the report unusable in any circumstance, and reflects your poor judgment and analysis.
The closest property inside our development is *** address.
This property is 2125 square feet, lot size of 5300 sqft. It is situated closer to the major street, *** Road, and further away from the community park, and Coyote Park. Their house would be more subjected to traffic and noise. I believe their house is situated in more undesirable location, and is not as family suitable as our house.
My house on the other hand is 1992 sqft, with lot size of 5490 sqft corner lot, with the front courtyard and nicely landscaped with palm trees. I don't think you considered these factors in your report. None of other houses in the neighborhood has the nice front courtyard, and is unique and demands premium.
However, this is the best comparable you can use, then our house should be at least $960000/ 2125 * 1992 = $899,915. If you add the location premium, and our nice front courtyard, something that none of other houses in the neighborhood has, the price should be even more.
You show the market price of $731,000, way below what two recent CMA reports show. It is approx. $169,500 below the CMA reports show ... This is what I call grand gross misconduct on your part.
In your report I see the following failures to explain:
1. You used comparables 1.87 to 2.17 miles away. Our area is one of the best living areas in the all of ***, if not the best. So you can't compare houses sold 2 miles away.
2. You used "-100,000" deductable in your report which I don't understand what this is for. I asked you twice in texting, and you did not reply. There is no explanation for your "analysis".
3. You used another "-75000" for condition adjustment out of the blue, no explanation was given.
I have paid you $375, and I find this report to be useless and inaccurate.
I therefore request you fully refund the amount asap.
Thank you.
*** UPDATED 9/1/16
Today I am heading to the small claim court to sue her. Should be interesting here.
I also plan to file a complaint letter to the National Association of Real Estate Appraisers. Her work shouldn't go unnoticed :-) read more