• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Another confidentiality question

Status
Not open for further replies.
Tom said, I want to disclose in my current report that I appraised the same property two months before it closed, and I want to tell them what it appraised for.

What difference would it make? Your assignment is to estimate the current
market value, period. If you find yourself some day later on the stand and
are asked about everything you know about the property, then you can tell
the court everything you know.
 
After reading the other posts, I was a little to loose with "discussing the appraisal."

I am not saying to disclose the findings of your original report......just that you DID inspect it for a mortgage related transaction on (insert date). Enough said.
 
I've run across situations like this a number of times. It's one of the more frustrating things out there.

My advice is to say 'I told you so' a few times to the wall. It won't make you feel better, but it's all you should do. Do not disclose anything in the new appraisal, it is simply not relevant to the current assignment. Indeed, it could make it look like you are biased.
 
Last edited:
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top