- Jan 17, 2002
- Professional Status
- Certified Residential Appraiser
- North Carolina
I do appraisals for a well-known national lender who has asked me to appraise the same house at least 3 times in the past year and a half, one time even after the house had been sold (although I didn't do the appraisal for the sale). Driveby appraisals were ordered two or three times on the same property and in between I also did an on-site full appraisal. Just wondering how common it is for lenders to do this. Some function of mortgage servicing I guess, especially in relation to properties in various stages of foreclosure. Just got two new requests today to appraise two properties that I have already driveby appraised previously this year (both a little over 6 months ago).