Appraiser Marked Private Septic And Well As Public

[Huds_Harm]

Chances are, even with the lower distance, the lender could have gotten a waiver.

https://www.HUD.gov/sites/documents/DOC_16562.PDF

My point is they were required to and didn’t

 

[Sadie]

This thread states I had a home inspection multiple times.

Then why aren't you going after the home inspector?

 

[NJAPRAZE]

My point is they were required to and didn’t

exactly; lender had TWO reports -- an appraisal and a home inspection; also had other documents indicating that septic was on the site (if I read correctly, herein). Even though the appraiser checked the wrong box, etc. ---- it is the lender/undwriter's responsibility to determine adequacy of collateral (i.e. reconciliation of all of the data relative to lending guideline requirements, etc.) and call for remedies that may be needed. It appears that they had all the necessary data to do that... and didn't (likely to get you to closing).

The product of this... is that you now have incurred additional costs for something that the UNDWR should have identified during the loan process; may have impacted the sale price, you may have received a credit at settlement, or chose to back out of the deal if not reasonably resolved. Seems like issue/case is against lender/UNDWR, not appraiser.

Should we assume that Home Inspector found no deficiencies with septic or it's placement?

 

[Jayjay25]

This should be the take away from the quote:

- The Appraiser is not required to sketch or note distances between the well, property lines, septic tanks, drain fields, or building Structures but may provide estimated distances where they are comfortable doing so. When available, the Appraiser should obtain from the homeowner or Mortgagee a copy of a survey or other documents attesting to the separation distances between the well and septic system or other sources of pollution

 

[Huds_Harm]

This should be the take away from the quote:

- The Appraiser is not required to sketch or note distances between the well, property lines, septic tanks, drain fields, or building Structures but may provide estimated distances where they are comfortable doing so. When available, the Appraiser should obtain from the homeowner or Mortgagee a copy of a survey or other documents attesting to the separation distances between the well and septic system or other sources of pollution

That and this
- If the Property has a septic system, the Appraiser must visually observe it for any signs of failure or surface evidence of malfunction. If there are readily observable deficiencies, the Appraiser must require repair or further inspection.

 

[Jayjay25]

That and this
- If the Property has a septic system, the Appraiser must visually observe it for any signs of failure or surface evidence of malfunction. If there are readily observable deficiencies, the Appraiser must require repair or further inspection.

There were no signs of failure or evidence of malfunction. It was working correctly at the time of purchase and the home inspector gave it the stamp of approval. Didn’t stop working until after closing, correct?

 

[Overimprovement]

This has turned into the classic .I'm officially done. Its like trying to get a dead mule to pull a loaded wagon uphill through a bog.

 

[Mark K]

This has turned into the classic .I'm officially done. Its like trying to get a dead mule to pull a loaded wagon uphill through a bog.

I think we've found one of JGrant's long lost relatives.

 

[Huds_Harm]

There were no signs of failure or evidence of malfunction. It was working correctly at the time of purchase and the home inspector gave it the stamp of approval. Didn’t stop working until after closing, correct?

Please tell me how you or anyone determined it was working if it was not inspected as required????????????????????????????

 

[Huds_Harm]

This has turned into the classic .I'm officially done. Its like trying to get a dead mule to pull a loaded wagon uphill through a bog.

Make sure you pin those requirements.