ZZGAMAZZ
Elite Member
- Joined
- Jul 23, 2007
- Professional Status
- Certified Residential Appraiser
- State
- California
Subject is a SFR pending sale based upon FHA financing. Report conditioned "Subject To" both checkbox 2 and checkbox 4
How does the appraiser express the HUD 4000.1 compliance statement when CB2 issues have been remediated to the appraiser's follow-up satisfaction, but he doesn't know the status of the CB4 that are based upon inspection by a licensed tradesperson, e.g., electrician, with the CB4 issues to be remediated to the lender's follow-up satisfaction.
ALSO, although I presume that it's beyond the appraiser's scope of work, should my 1004 Subject To B4 conditions have included a statement that issues identified by the electrician must be satisfactorily resolved, which would presumably be reflected in additional buyer counter offers; and if so do those supplemental docs need to be included in a supplemental version of the appraiser's Contract Analysis.
I realize the questions are onerous but don't see how the appraiser can proceed without each of he questions be addressed. THANKS.
How does the appraiser express the HUD 4000.1 compliance statement when CB2 issues have been remediated to the appraiser's follow-up satisfaction, but he doesn't know the status of the CB4 that are based upon inspection by a licensed tradesperson, e.g., electrician, with the CB4 issues to be remediated to the lender's follow-up satisfaction.
ALSO, although I presume that it's beyond the appraiser's scope of work, should my 1004 Subject To B4 conditions have included a statement that issues identified by the electrician must be satisfactorily resolved, which would presumably be reflected in additional buyer counter offers; and if so do those supplemental docs need to be included in a supplemental version of the appraiser's Contract Analysis.
I realize the questions are onerous but don't see how the appraiser can proceed without each of he questions be addressed. THANKS.