Bifurcated appraisals...inspection reports

[Elliott]

I just took McKissock's CE chours on Hybrids. So I will tell you what I learned. Whomever the Credit Union/FDIC bank decide to make an inspector is the inspector, be it a realtor, accountant, building contractor, bank employee, bank employee's brother-in-law, or golf pro. You will then be given the report and expect to meet Standards 1 and 2. You are expected to produce a credible report in compliance with USPAP, no exceptions.

Once the State of Illinois finds out someone is making some money, I'm sure they will have one of the 150 state boards tap them on the shoulder and tell them they need to register and pay money to the state.

 

[Michigan CG]

Ouch...already outsmarted small fry.

The reports say. Something to the lines of, inspector didn’t do it for use in an appraisal but just fact based etc”

So kinda (I don’t think so) but if anything jokes on the appraiser for using a report that says, essentially, not for use in an appraisal.

Hahahaha. Again, I wouldn’t care about that wording....but they are 100% off the hook. Appraisers? Well, like normal, not smart enough to figure it out...just the pawns.

You show up every couple months and post things you have absolutely no clue about. There are about 20 (or more) different AMCs offering products that are different in some way or another. Some of these AMCs have developed "products" that they claim to be USPAP compliant with some of them being nothing close.

THEN you state that the report says something like "inspector didn't do it for use in an appraisal". Well, MAYBE that is what you have been exposed to but a vast majority of the reports say nothing of the sort because the various AMCs ordering these reports would not allow the "inspector" to say such a thing in the "report".

I am going to guess that most who read your posts are "amused" but not in a flattering way to you.

Maybe you should sit back and learn instead of posting idiocy.

 

[Michigan CG]

Just of curiosity, what kind of work did you do before you got into appraising?

You really don't want to know the answer to that question.

 

[SJFCenTex]

You show up every couple months and post things you have absolutely no clue about. There are about 20 (or more) different AMCs offering products that are different in some way or another. Some of these AMCs have developed "products" that they claim to be USPAP compliant with some of them being nothing close.

THEN you state that the report says something like "inspector didn't do it for use in an appraisal". Well, MAYBE that is what you have been exposed to but a vast majority of the reports say nothing of the sort because the various AMCs ordering these reports would not allow the "inspector" to say such a thing in the "report".

I am going to guess that most who read your posts are "amused" but not in a flattering way to you.

Maybe you should sit back and learn instead of posting idiocy.

There are so many different click form desktop appraisals and non compliant HELOC forms out there it isnt even funny. Most of those anyone can go take exterior only photos and get used in a report. A lot of those reports have on the form itself that the appraiser has NOT viewed the subject property. Ive seen it a ton.

 

[Lee Lansford]

lol i dont hate her

Please do this: Redact the client name, property address, and who did the report. Please send the redacted report to me. I have yet to see such a report and I would like to know what is being asked for and reported (well, one example of, that is).

 

[glenn walker]

I am searching for inspection reports conducted (here in IL) for use in bifurcated appraisals and I am asking for your help. If the inspector is other than a licensed appraiser or a state licensed home inspector, the person who conducted the inspection may be in violation of license law for practicing without a license. If I have possession of such a report--and if I deem it appropriate--I will make a complaint to the state licensing agency. I will not use your name and I will hold the report for 30 days before forwarding (again, if I deem appropriate) it on as a complaint to the state. I cannot assure you, however, that someone might later suspect that you were somehow involved in the process; I can assure you that I will not attach your name to what I am doing. Send your email to LansfordAppraiser@gmail.com

So you will assure IL appraisers their names will never be discovered ? Let's see E-mail trail- ISP trail and finally a trail back to a public forum -- NOPE- even if I was located in IL I would not help you. Funny how so many posters continually talk about it being a USPAP violation to share reports with anyone but the lender/client without their approval but apparently they have no problem throwing innocent Inspectors and Realtors under the bus.

 

[ramrcdk]

I just took McKissock's CE chours on Hybrids. So I will tell you what I learned. Whomever the Credit Union/FDIC bank decide to make an inspector is the inspector, be it a realtor, accountant, building contractor, bank employee, bank employee's brother-in-law, or golf pro. You will then be given the report and expect to meet Standards 1 and 2. You are expected to produce a credible report in compliance with USPAP, no exceptions.

Once the State of Illinois finds out someone is making some money, I'm sure they will have one of the 150 state boards tap them on the shoulder and tell them they need to register and pay money to the state.

ELLIOTT: Appreciate this info' It would be very helpful IF we had a Thread OF only those that actually have this type of info'
OR have actually completed one of these Hy-Bi's and (redacted) provide to us THE specifics : FORM-client instructions, fees, & interesting details. May take this course IF I am still around next year! Appreciated.

 

[Lee Lansford]

So you will assure IL appraisers their names will never be discovered ? Let's see E-mail trail- ISP trail and finally a trail back to a public forum -- NOPE- even if I was located in IL I would not help you. Funny how so many posters continually talk about it being a USPAP violation to share reports with anyone but the lender/client without their approval but apparently they have no problem throwing innocent Inspectors and Realtors under the bus.

I think that you can read and understand my original post. As to "throwing innocent Inspectors and Realtors under the bus", wouldn't that assertion have to consider compliance--or, not--with IL license law for Home Inspectors if the law applies to what the "innocent" are doing? The answer is "yes".

 

[glenn walker]

I think that you can read and understand my original post. As to "throwing innocent Inspectors and Realtors under the bus", wouldn't that assertion have to consider compliance--or, not--with IL license law for Home Inspectors if the law applies to what the "innocent" are doing? The answer is "yes".

I think that you can read and understand my original post. As to "throwing innocent Inspectors and Realtors under the bus", wouldn't that assertion have to consider compliance--or, not--with IL license law for Home Inspectors if the law applies to what the "innocent" are doing? The answer is "yes".

Just remember often the "hunter" becomes the "hunted"- So just make sure you don't violate USPAP- Client Confidentiality or other State or Federal laws while your are acting as a compliance expert . IT will be interesting to see what NAR'S attorneys think about the issue ? Maybe they can give some pointers to your State Board !

 

[Lee Lansford]

Just remember often the "hunter" becomes the "hunted"- So just make sure you don't violate USPAP- Client Confidentiality or other State or Federal laws while your are acting as a compliance expert . IT will be interesting to see what NAR'S attorneys think about the issue ? Maybe they can give some pointers to your State Board !

Well, I suppose that if...if...a Realtor or anyone else is found to be non-compliant with Illinois' law for Home Inspectors, NAR can take that up with the attorneys for the state .