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Clerical Changes

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Terraform

Senior Member
Joined
Aug 29, 2006
Professional Status
Certified Residential Appraiser
State
Florida
Original FHA purchase order completed subject to removing unpermited dividing wall to restore GLA to garage space as this conversion is not typical of the market area and illegal. Owner applied for a permit and was granted an "after the fact dividing wall permit" which has been approved 14 days after OA. Client requests a "Clerical Change" to include the following: Appraiser to review building permit, uploaded to ....... on 9/14, regarding wall in garage, and advise whether this can change appraisal to "as-is". Appraiser also to clarify on report whether property will be considered typical for neighborhood based on this information and conversion. For Revision or Correction requests, the corrected appraisal must include a comment: THIS IS A CORRECTED/REVISED APPRAISAL REPORT "The original appraisal report date was MM/DD/YYYY. After delivery, the appraiser was requested to make a revision to the original appraisal to include the following, and these revisions have been incorporated into this report:" (list all revisions, corrections, or additional explanations requested) - Appraiser to update the signature date if report is revised or corrected YOUR REPORT WILL BE REJECTED IF THIS VERBIAGE IS NOT INCLUDED." I am thinking that there is a NO involved as the improvement was illegal at the time of inspection, also, NO it is not a typical converstion in this neighborhood as indicated in OA. Is this how ya'll would respond?
 
Dear sirs
"You have incorrectly summarized the situation at hand. The report I completed was completed to the original scope of work. Any report subsequent to the original scope of work is a new assignment and has attendant additional fees. Upon you delivery of a check for $zzz I will complete this new assignment request. It is our policy to collect up front for such assignments. Please remit check to address below..."
 
I would treat it similarly to analyzing a P&S after the OA effective/report date. A new report date with commentary explaining what happened and when.
 
Legal status of the prperty has changed.
This is not something we are responsible for -see FNMA boilerplate-
Obviously a new effective date, and thus new report.
New inspection? Review of any new Sales subsequent to original eff date?
Additional fee to cover cost for additional time is clearly indicated.

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