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Hi. I contract a few times a year with an appraisal company. I've asked if I'm covered under their E&O Insurance. They say, "Yes". However, I'm wondering what to ask for (other than their word) to get confirmation that I am I'm covered for certain. If not I'll buy the insurance. Just don't...
A lender and or the AMC wants My E & O in the report, for years I have been told not to include the E & O, as long as it is on file with the AMC.
Seems like including it would give the homeowner a reason to file an unnecessary claim when the value does not meet their needs. AMC is refusing to...
Was told that I am required to include estimated insurance costs and real estate taxes per month for the subject property. Does any know if this is accurate?, and if so how is it presented in the report?