Better Business Bureau

[Mike Garrett RAA]

Any time an appraiser accepts payment from the home owner the appraiser should use a receipt form that explains confidentiality and the procedure for the home owner to obtain a copy of the appraisal. This would totally eliminate the problem.

Also, the appraiser can give the home owner a copy of the appraisal IF the client gives permission. It is not a violation of Federal Law...as there really is no such thing.

 

[Midwest Guy]

Basic law 101!

Offer, acceptance and consideration is a contract.

Order came from lender (Offer,) you accepted, agreement was consderation would be provided by third party.

 

[Mike Garrett RAA]

A simple letter explaining the rules should be sufficient.

 

[CANative]

BBB

Bluehair Busy Bodies.

I either wouldn't give it a second thought or I'd call the BBB and threaten to hide their walkers.

 

[Mike Boyd]

On each and every COD report. The following verbiage was shared right here on the forum about 6 or 7 years back. I'll share it again for those who'd like to copy and paste away:


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I remember the suggestion but will repeat my question: How many appraisers go to the trouble of getting something like this signed?