Changing “subject to” to “as is” after work completed

[AnnaE]

I appraised a property under contract that had mold and needed it remediated. I completed the appraisal “subject To a clear moisture and mold report.” The work has been done and the report is clear. The lender called me and asked me to change the report to “as is” now because the work was done or else the buyer will lose the house.
I think that’s unnecessary and puts me in a position to take on more liability for something that I’m not an expert in. Thoughts?

 

[CANative]

I tell them the 1004D took care of that and to get an "as is" they would have to engage for a new appraisal with a new effective date. You can't go into a time machine and change the way the property was on the effective date.

 

[Tim The Enchanter]

1004D is appropriate.

 

[AnnaE]

I tell them the 1004D took care of that and to get an "as is" they would have to engage for a new appraisal with a new effective date. You can't go into a time machine and change the way the property was on the

1004D is appropriate.

But it seems weird to do a 1004D without going back out to the property. What would you do? A 1004D and just check the box that the conditions were met and attach the mold report? They already have the report.

 

[Tom Woolford]

Why would you even consider doing anything without viewing the property? Hope your insurance is paid up. Including liability when someone gets sick from mold.

 

[AnnaE]

Why would you even consider doing anything without viewing the property? Hope your insurance is paid up. Including liability when someone gets sick from mold.

The mold was not visible. I just knew it was there from the listing and the masks in the foyer, along with a musty smell. Me going out there and saying it’s not there anymore gives me more liability than leaving the responsibility on the mold/termite report and just saying they said it was clear. I’m not a mold expert. That’s why I think a 1004D isn’t even necessary. Take my “subject to” appraisal along with the expert’s clear mold report. It should be adequate.

 

[CANative]

Why would you even consider doing anything without viewing the property? Hope your insurance is paid up. Including liability when someone gets sick from mold.

Conditioned on an inspection of a water spot on the ceiling by a trades professional to make sure the issue is not ongoing. No way to tell for sure. Trades person inspects and finds it was caused by a pin hole leak in a water cooler line that has since been repaired but the ceiling wasn't repainted.

Client wants a 1004D to clear the condition. Why go back to look at the water spot again? We have the professionals report in hand.

 

[CANative]

From a current thread, same forum, similar title:

Why would you condition on appraiser re-inspecting if it's something beyond his expertise?
That's just stupid.
Any thing other than paint or simple repairs (replace carpet, repair rot) I condition on lender's receipt of proof of repairs by qualified contractor. They may still send me out, but that's what I put in the 1004D.
I'm not a plumber, electrician, or HVAC tech. Don't ask me to be pretend to be one.