Greg davenport
Member
- Joined
- Mar 30, 2004
- Professional Status
- Certified Residential Appraiser
- State
- Arkansas
I wish I had a restart button or a do over button for today.
I start by “Killing” a FHA purchase by having the nerve to bring it nt only 17% ($40,000) short of the contracted price.
Then I get a call from a local (Arkansas based) bank to convert a USDA appraisal to a FHA, should be no big deal, BUT…
They want me to do it on only 2 of the 10 acres the properties is on. I said fine, get me a survey, they said NO, just do it and make us happy.
I said no can do the property does not meet the FHA criteria for Excess land, and I was told they would just find someone who was more willing to work for them. m2:
I know they will find someone to do it.
At least I called the Denver HOC to give them the address so they can watch for it.
If I could go back in time, I would still put the nails in the coffin of the deal, but I would not bother answering the phone.
I understand why I have no business now, I try too hard to play by the rules.
I start by “Killing” a FHA purchase by having the nerve to bring it nt only 17% ($40,000) short of the contracted price.
Then I get a call from a local (Arkansas based) bank to convert a USDA appraisal to a FHA, should be no big deal, BUT…
They want me to do it on only 2 of the 10 acres the properties is on. I said fine, get me a survey, they said NO, just do it and make us happy.
I said no can do the property does not meet the FHA criteria for Excess land, and I was told they would just find someone who was more willing to work for them. m2:
I know they will find someone to do it.
At least I called the Denver HOC to give them the address so they can watch for it.
If I could go back in time, I would still put the nails in the coffin of the deal, but I would not bother answering the phone.
I understand why I have no business now, I try too hard to play by the rules.