Contract? What contract?

[dobie]

Does anyone else's bulls**t radar go crazy when no one involved in the deal will provide a copy of the sales contract?

The realtor said he would fax it and now he doesn't take my calls or return my messages and the client says they'll try and get it (that was yesterday).

They gave me a sales price which I'm thinking they'll take if they can get it otherwise maybe they want me to set the sales price with my report.

FWIW thi is new construction and the "sales price" is the same as the "listing price".

 

[TJSum]

Any new construction deal in 2008 is enough to set off the bullsh*t radar.

When there is even a hint of funny business, make sure you have all your shots before proceeding...

 

[athome77]

How about a copy of the contract which contains only the first and last pages? Had a one of those recently. They didn't think I needed the stuff in the middle.

 

[Scott Kibler]

Must be a common thing, I get asked "you only want the 1st page right?" all the time.

 

[Charles Witt]

Ever try calling the buyer?

 

[Abzntminded]

Ever try calling the buyer?

And say what?

 

[Hamlet]

Tell them you need to SEE the bull’s eye to hit the target! (dripping with sarcasm)

 

[Michael Tipton]

USPAP 2008 addresses this in the FAQ section questions 121 (pg F-56) and 122 (pg F-57).

Complete the assignment per USPAP.

http://commerce.appraisalfoundation.org/html/USPAP2008/FAQ/faq_121_.htm


http://commerce.appraisalfoundation.org/html/USPAP2008/FAQ/faq_122_.htm


Mike Kennedy must be busy, he would prefer not to have to review any purchase contract.

 

[CURT VAN HOOSER]

Notify your client that you have made several attempts to get a copy of the contract and that if he/she cannot provide a copy by close of business today, you will submit the report with a note outlining the efforts you took to get a copy. And, if a copy of the contract is produced after delivery of the report, you will have to charge an additional fee for analysis and reporting provided the signature date is prior to the date of value.

 

[xmtpedprl]

Getting that contract is a MUST.

And, dang it, would it be too much to have them .pdf and e-mail the thing instead of 35 pages over a FAX...?

;^)

Dave...