- Aug 7, 2006
- Professional Status
- Certified Residential Appraiser
An attorney is trying to negotiate a quick sale with a lender. The subject is about to go into foreclosure and he wants to know what the home would likely sell for if it went into foreclosure and/or auctioned. Has anyone dealt with a situation similar to this? I would assume I would be in compliance with USPAP as long as I explain the situation in the report and change the scope of work involved with the appraisal. Any insight would be greatly appreciated.