Here Is Why FHA Fees Go Up $150

[PhiloFarnsworth]

BELOW IS A STIP AN APPRAISER GOT:




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FHA might not be requiring it but some clients are going to require it. They already are.

THE ABOVE IS A STIP FROM AN AMC.

Can anybody tell me where I can go to learn what mold smells like?

 

[Peter LeQuire]

My sock drawer?

 

[J Grant]

Mold typically does not smell until advanced stages when it is fully airborne...and when it is that advanced you will know as soon as you enter house as your eyes tear and you feel like you can't breathe. I have smelled closed up houses that had a mildew smell that could be aired out in a day. Whether isidous non smelling mold was behind drywall or around a pipe I would have no idea based on smell, discoloration imo is a better guide you will typically see mold before you smell it.

 

[azbassman21]

I don't recall anyone calling you a newbie or Skippie. Each appraiser has the right to make a business decision. If you do not feel comfortable doing FHA that is your choice and your right and in the long run that may be a wise choice because you will limit your liability.

I didn't say anyone called me a newbie or skippy directly, that is just the typical response from a few of the old timers on here. That's the beauty of a free market. We all get to work for how much we feel we are worth with market factors considered, and we can pick and choose who we work for and what type of assignments we complete. I'm just fed up with the way this industry has transformed just in the short time I've been certified in Arizona. I feel completely comfortable completing any type of assignment, however there just comes a time to say no to the bullying that is FHA and these national lenders/AMCs. Just not a lucrative business anymore, unless you live in some small town and have carved out a corner on which you have a stranglehold with commercial and/or complex assignments nobody else wishes to tackle.

 

[Gregory Beck]

Be very careful with Rels, they like to submit appraisals to state boards for no reason what so ever. Have recently done it to a few colleagues of mine and all of us no longer accept their work.

So does Solidify they are the worst. I dropped them over a year ago. Bunch of jerks and they take 45 to 60 days to pay LOW Fees

 

[Gregory Beck]

This whole thread is ridiculous. I will continue my inspections with head and shoulders view as always. When and if I get sued someday that's when I will declare my company bankrupt and retire from appraising FHA No one will get any $$$

 

[Gregory Beck]

Got my first stip today. Client wants photo showing entire attic. I have never seen an attic where I can fit the entire area in one photo. Not even the ones I can safely stand up in or [let alone crouch up in] which is very rare for me. I usually include 2 or 3 photos in both directions and up at ceiling and they are still asking for this. Yep, fees going up for sure!

I would quote the head and shoulders view requirement and tell them no! You filled the requirement according to FHA anything else is harassment and will report them to DBPR

 

[DTB]

This whole thread is ridiculous. I will continue my inspections with head and shoulders view as always. When and if I get sued someday that's when I will declare my company bankrupt and retire from appraising FHA No one will get any $$$

Might want to have a bit more depth to your exit plan, just sayin'

 

[spittman]

I would quote the head and shoulders view requirement and tell them no! You filled the requirement according to FHA anything else is harassment and will report them to DBPR

That's exactly what I did. I also quoted the parts where it says the appraiser makes an "observation" and that it is only visual and not "technically exhaustive". Never heard back from them. Basically explained that I can see more than what may be shown in 3 or 4 photos and that they just have to take my word for it. If they are concerned with the roof then they should hire a specialist in that field.

I think sometimes the client just wants the extra commentary rather than the extra steps in the "observation" process.

This week I did two FHA inspections and I really, really tried to look at every inch of the attic. I really did. I'm not 20 yo anymore so it's not easy bouncing around up there. In my experience, they always have a number of obstacles you have to watch out for. In older homes, you always have to crouch to avoid banging head against ductwork, 2x4 bracing or even the nails that petrude underneath the roof and while you are crouching you have to balance yourself along more 2x4's and may need to hop over more ductwork, wires, pipes or in this weeks example, work my way around 4 skylight encasements. One wrong move and through the ceiling I go. On the newer homes, most have the entire furnace or two up there along with the ductwork plus the insulation is so thick or might have Reflectix underneath roof that you can't really see anything. In my experience there are certain "hot spots" and if you know where to look even before you observe the attic, you should be able to to tell if there is a probem.

So back to head and shoulders again with more commentary. Not risking damaging a ceiling or my back/neck anymore than I have to.

 

[ucbruin]

Might want to have a bit more depth to your exit plan, just sayin'

That's funny!!!!!