Home > California Property Appraiser > Elk Grove Property Appraiser > Elk Grove Certified Residential Property Appraiser > Mark Owens at Elk Grove, California
Mark C Owens
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by outdated, May. 22, 2014
Mr. Mark C. Owens of Owens Appraisals was hired by Nationstar Mortgage Corp to provide an appraisal on my property located in the heart of downtown Sacramento. Mr. Owens contacted me on a Monday afternoon to schedule the appraisal for the following Wednesday. He provided his business hours between 0900 and 1530. I the customer took the morning off from work to meet his schedule.
When he arrived Mr. Owens was professional and reviewed the yard and home within 40 minutes. During his walk thru he commented, "Oh I was looking for that" meaning the 1/2 bathroom in my 2.5 bathroom home.
Upon his completion he asked me, is this a two bedroom home? and I really began to wonder what his credentials are. The home has two master bedrooms and one bedroom. The official definition of a bedroom varies from state to state however; my room meets all CA codes for the year of my home. There is a large window, a nice closet, vented with the central heating and air system and a lockable door. In his report he apparently listed the home as a three bedroom. I have not been given a copy.
Two weeks later, I called the Mortgage Company to find out the results. They told me he appraised the home at $515,000. Currently there are numerous homes for sale with the lowest price per square foot at $295.00. Mr. Owens used $279 for my home. When I called him on this he said he used historical date to come up with the appraisal. He clearly did not use current information and has caused the mortgage company to keep the PMI on the home. Mr. Owens needs to use current information and reassess my home properly. I’ve contacted prudential reality about the home and the realtor stated my property could be listed as high as $325 a sq foot. I simply want Mr. Owens to re-asses my property using today’s standards and not the historical information he said he used for his calculation.
Mr. Owens asked me to contact the Mortage Company to discuss my concern. I did, they gave me his contact information. Mr. Owen then told me that I would be required to provide documentation and any other proof before he would be able to make any adjustments to his erroneous calculation on my property value. Now I am tasked with proving his incompatancies to correct my PMI.
My concern for this appraisal may also be found on the California Better Business Bureau and listed with the BBB of Northern California site 3075 Beacon Blvd, West Sacramento CA 95691. Phone (916)443-6843
* this reviewer has be with this appraiser for <6 months
* this reviewer had 1 - 2 dentists before.
2 of 3 people found this review helpful. Was this review helpful to you? Yes, No Report Abuse
Overall Rating Knowledge & Experience Quality of Work Staff & Office Environment Waiting Timeby outdated, May. 22, 2014
Mr. Mark C. Owens of Owens Appraisals was hired by Nationstar Mortgage Corp to provide an appraisal on my property located in the heart of downtown Sacramento. Mr. Owens contacted me on a Monday afternoon to schedule the appraisal for the following Wednesday. He provided his business hours between 0900 and 1530. I the customer took the morning off from work to meet his schedule.
When he arrived Mr. Owens was professional and reviewed the yard and home within 40 minutes. During his walk thru he commented, "Oh I was looking for that" meaning the 1/2 bathroom in my 2.5 bathroom home.
Upon his completion he asked me, is this a two bedroom home? and I really began to wonder what his credentials are. The home has two master bedrooms and one bedroom. The official definition of a bedroom varies from state to state however; my room meets all CA codes for the year of my home. There is a large window, a nice closet, vented with the central heating and air system and a lockable door. In his report he apparently listed the home as a three bedroom. I have not been given a copy.
Two weeks later, I called the Mortgage Company to find out the results. They told me he appraised the home at $515,000. Currently there are numerous homes for sale with the lowest price per square foot at $295.00. Mr. Owens used $279 for my home. When I called him on this he said he used historical date to come up with the appraisal. He clearly did not use current information and has caused the mortgage company to keep the PMI on the home. Mr. Owens needs to use current information and reassess my home properly. I’ve contacted prudential reality about the home and the realtor stated my property could be listed as high as $325 a sq foot. I simply want Mr. Owens to re-asses my property using today’s standards and not the historical information he said he used for his calculation.
Mr. Owens asked me to contact the Mortage Company to discuss my concern. I did, they gave me his contact information. Mr. Owen then told me that I would be required to provide documentation and any other proof before he would be able to make any adjustments to his erroneous calculation on my property value. Now I am tasked with proving his incompatancies to correct my PMI.
My concern for this appraisal may also be found on the California Better Business Bureau and listed with the BBB of Northern California site 3075 Beacon Blvd, West Sacramento CA 95691. Phone (916)443-6843
* this reviewer has be with this appraiser for <6 months
* this reviewer had 1 - 2 dentists before.
2 of 3 people found this review helpful. Was this review helpful to you? Yes, No Report Abuse
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