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3 <br /> EVERGREEN LAND SERVICES CO. <br /> • 6110 BLUE CIRCLE DRIVE, SUITE 140 <br /> MINNETONKA, MN 55343 <br /> (612) 930-3100 - Fax (612) 935-0862 <br /> Watts (888) 411-1134 <br /> May 20, 1999 <br /> Mr. Mike Morrison <br /> Saint Anthony Village <br /> 3301 Silver Lake Road <br /> St. Anthony, MN 55418 <br /> RE: Mr. and Mrs. Kuharski's Property. <br /> Dear Mr. Mornson: <br /> After meeting with Mr. and Mrs. Kuharski on April 28th, 1999 they stated that after <br /> reviewing their file and checking the real estate market that their home would probably sell <br /> for between $195,000 and $200,000. Mr Kuharski stated that he was having a realtor <br /> give them a written proposal based on a market analysis which he would forward when <br /> completed. <br /> On Tuesday May 4th, 1999 we presented to the counsel these figures. It was agreed that <br /> we should proceed with an offer of$195,000 with closing and moving costs of <br /> approximately $5,000. <br /> On May 6th, 1999 Mr. Kuharski faxed over the enclosed written proposal from his real <br /> estate agents. His cover letter stated that "My thinking on the value of our house just <br /> increased". As you can see the agents proposed that after doing their market analysis that <br /> the home would be valued between $225,000 and $250,000. <br /> On May 11th, 1999 Mr. Kuharski faxed over the enclosed counter to the $195,000 offer. <br /> What Mr. Kuharski is basically wanting is $215,000 for the home with closing in June, <br /> $5,000 for closing and moving expenses, ability to stay in the home until October 15th, <br /> 1999, ability to remove certain items from the home prior to vacate date and to have <br /> special assessments of $3,295.21 waived. The total costs your looking at is $220,000 <br /> • plus assessments. <br /> Successfully serving our clients since 1972 <br />