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!T REAL ESTATE I RUFFIN REALTY & INSURANCE INC. <br /> �� SELLING . <br /> RENTING �a Member of Local and State Realtors , <br /> PHONE 882-1306 <br /> 331 W.MAIN STREET <br /> DURHAM, NORTH CAROLINA 27701 REALTOR <br /> "A Lot Means a Home—A Home Means a Lot" <br /> Orange County Housing and Community Development <br /> 300 West Tryon Street <br /> Hillsborough, N. C. 27278 March 11 ,1987 <br /> Attention: Ms. Tara Fikes <br /> Dear Ms. Fikes: <br /> As requested, I have reviewed the appraisals submitted on the <br /> following properties: <br /> Riddle Ave. Hillsborough, N.C. Owner Helen Alston. <br /> Torain Street, Hillsborough, N.C. Owner, Nannie Rainey Price. <br /> Lot 17A, TM 113, Blk C , Councilville, Chapel Hill N.C. Owner, Melvin Parrish <br /> I visited and inspected the subject properties for the purpose of <br /> reporting to you my opinion as the review appraiser. <br /> The appraiser has estimated a fair market value of the properties tot <br /> be aquired, so that the owners may receive a fair and just compensat4on <br /> from the Orange County Community Development Project. <br /> AL <br /> Having analyzed the data and reviewed indications of the value by the <br /> appropriate approaches, I agree with the appraisers final estimate of <br /> value; and in my opinion the estimates are a fair market value of the <br /> properties appraised. <br /> ►espectfully S o t 1��d <br /> 10.01W _ MP% <br /> Frede k . Run��+ <br /> Real ' ,tate Br' r <br />