Judge Rules Appraiser/Lender Owe no duty of care

[Tiffany Gibbons]

That's for "qualified parties" to determine, not the appraiser.

I pull the septic permit information from TN Dept of Energy and Conservation and put it in an exhibit in the report. If I can't find it online, I put the email to TDEC in the report and state they can put in a request with them for the records. I'm not a licensed sanitary engineer. It's pretty obvious when something is wrong, septic backed up in the yard, etc. It's kind of strange to me that it would be in the front flower bed like she said, that sounds more like a STEP system in a subdivision. I did a new house on a STEP system last week, and heard the home inspector tell the purchaser that the the pump was installed backwards and would cause a backup into the shower, tub, etc. The builder had also installed the attic pull down stairs backwards and we all had to use their ladder to get into the attic. But it was a new house so all covered under the builder's written warranty. All the sod had also died and had to be replaced. This was a "National" builder with its own mortgage company.

 

[Dublin ohio]

's kind of strange to me that it would be in the front flower bed like she said,

Depends on where you are. I have seen septic tanks under the house.

 

[Carnivore]

I read the The article and comments in that blog again. I wonder if the State Licensing board was made aware of this issue. My State very rarely revokes appraisers license for complaints. They do hammer them with a suspension and stay the suspension after the appraiser completes loads of CE courses and gives them a time period.

Something like this, I think my state would would revoke the appraiser license with no possibility for re-issue at a later date.

 

[The Bob]

It's kind of strange to me that it would be in the front flower bed like she said

That's exactly where ours was in the old house. Right below bath window in the front foundation landscaping. Tank was less than 4' from the house.

 

[Dublin ohio]

Actuallly... FHA et al are pretty strict about this. You need to locate the leach field and tank approximately, distance to well, etc. It is no different than reporting zoning, etc. You need to ID if the Septic is surfacing. Caveat the rest away. Pulling the lid on the well tells you what the measured flow is unless a really old well. Ask how deep and how much flow. If they don't know state "The owner did not know."

I appraised a church and there was a huge area of leach field that was surfacing behind the church. I flagged it and replacing that leach field is a $20,000 plus project.

I believe UC's post is referring to 9 out of 10 appraisers would not even run into a septic system during their careers. Maybe true in major metro areas. But once outside of those areas I would bet the numbers are reversed

 

[Surf Cat]

$20,000 to replace leach field on a church, $100,000 for a single family 3 Bedroom home, hmmm

It's not just the septic system she's looking to have remedied...the $100K also includes a new well and piping with the correct distance away from the septic. The OP is also of the opinion that her under one acre parcel is not set up correctly to accommodate the new septic system and well... from what I gather in the posts...

 

[Surf Cat]

In other words, the OP wants an entire, new water and waste system due to the appraiser's FHA reporting or, lack thereof.

 

[George Hatch]

The OP might have mentioned it, but did they mention whether they are still living in the home, and if so how these conditions have affected them?

 

[djd09]

civil and criminal courts would straighten out everyone's angsts...

 

[Surf Cat]

civil and criminal courts would straighten out everyone's angsts...

Stop it, you racist