cloning a report without inspection

[tee12254]

This is something i would not do, but have seen it done and it bothers me. An exterior appraisal order came in for a condo for the same building. Instead
of going out and shooting the subject and comps, the appraiser cloned the report. Isnt this a violation.

 

[Lawrence R.]

This is something i would not do, but have seen it done and it bothers me. An exterior appraisal order came in for a condo for the same building. Instead
of going out and shooting the subject and comps, the appraiser cloned the report. Isnt this a violation.

You betcha

 

[tee12254]

cloning reports

And this was my instructor and my mentor. Im glad I don't work there anymore.

 

[tyfsu]

And this was my instructor and my mentor. Im glad I don't work there anymore.

I wouldn't be surprised if this is more of a common practice now that gas is $4 a gallon.

You should mail your old mentor a stamp and tell him/her to mail their license off to the State Board because eventually cutting corners like this will come back to bite them.

 

[Lee Lansford]

This is something i would not do, but have seen it done and it bothers me. An exterior appraisal order came in for a condo for the same building. Instead
of going out and shooting the subject and comps, the appraiser cloned the report. Isnt this a violation.

"Isn't this a violation?"

Maybe. Maybe not.

Might there be any circumstances where the appraiser could be fully compliant with all rules, laws, USPAP, and certifications?

Think about it.

 

[Lawrence R.]

"Isn't this a violation?"

Maybe. Maybe not.

Might there be any circumstances where the appraiser could be fully compliant with all rules, laws, USPAP, and certifications?

Think about it.

I thought about it, and in this context, the answer is no.

If the SOW says to inspect from the exterior, and you don't--you are in violation.

 

[Mike Garrett RAA]

You just got the right answer...."it depends"! Depends on what uncle Mike? How about the Scope of Work, cousin.

 

[c w d]

I thought about it, and in this context, the answer is no.

If the SOW says to inspect from the exterior, and you don't--you are in violation.

*devil advocate's hat on* How does the appraiser know he didn't inspect it from the exterior already? He most probably drove by it on his way to inspect the condo for the appraisal he had. And if he doesn't know, how do you know? :new_all_coholic:

 

[Lawrence R.]

*devil advocate's hat on* How does the appraiser know he didn't inspect it from the exterior already? He most probably drove by it on his way to inspect the condo for the appraisal he had. And if he doesn't know, how do you know? :new_all_coholic:

Ok, I didn't realize this was in the splitting hairs forum...but I should have...


Putting on your hat:

what constitutes "inspection"? by that logic, I have Inspected the local hospital, and every single house in this county. Now what?

Hope he didn't put it on the 2055...




This appraisal report form is designed to report an appraisal for a one-unit property, including an individual unit in a planned unit development (PUD) and a property with an accessory unit. However, this appraisal report form is not designed or intended to be used to report an appraisal of a manufactured home, or an individual unit in a condominium or cooperative project.
The scope of work for this appraisal is defined by the complexity of this appraisal assignment and the reporting requirements of this appraisal report form including the definitions, statement of assumptions and limiting conditions and appraiser’s certification. The appraiser is required to, at a minimum, (1) perform an exterior inspection of the of the subject property from the street, (2) inspect the neighborhood, (3) inspect each of the comparable sales from at least the street, (4) collect, confirm, and analyze data from reliable public and/or private sources, and (5) report his or her analysis, opinions, and conclusions in this appraisal report.
The appraiser must be able to obtain adequate information about the physical characteristics of the subject property from the exterior inspection and reliable public and/or private sources to perform the appraisal. The appraiser should use the same type of data sources that he or she uses for comparable sales such as, but not limited to, multiple listing service, tax and assessment records, observations from prior inspections, appraisal files, information provided by the property owner, etc.

 

[Em Tee]

This is something i would not do, but have seen it done and it bothers me. An exterior appraisal order came in for a condo for the same building. Instead
of going out and shooting the subject and comps, the appraiser cloned the report. Isnt this a violation.

If he just did one in the same building, I could possibly understand not driving by it again (but I hope nothing happened to it in the interim!!!).

Hope he didn't put it on the 2055...

He would probably use the 1075 - exterior condo form.