Provide documentation on the Fair Market Value (FMV) for each piece of real estate which includes but is not limited to:
- An appraisal
- Market comparables
- Homeowner insurance policies identifying replacement cost amounts
- Real estate tax bills
The encumbrance (mortgage) is the loan payoff amount as it appears on a current statement of the lender.
The "net equity in real estate" is the FMV reduced by the current mortgage balance.
Do you want assistance in identifying other disagreed items?