- Joined
- Jan 20, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Virginia
Had an order on the fax with contract and FHA case number assignment. Then I got a "Cancel Order" fax with the following:
"please cancel appraisal request for _____________-customer getting own appraisal"
Isn't this illegal. Wasn't this one of the reforms to come out of FIRREA? That only the client can order the appraisal? I wonder if I should even call the lender to give them a heads up. I'm sure they don't even have a clue that this is wrong. Seems like more and more lenders are allowing this.
Since this is an FHA order, I wonder what their reaction would be.
"please cancel appraisal request for _____________-customer getting own appraisal"
Isn't this illegal. Wasn't this one of the reforms to come out of FIRREA? That only the client can order the appraisal? I wonder if I should even call the lender to give them a heads up. I'm sure they don't even have a clue that this is wrong. Seems like more and more lenders are allowing this.
Since this is an FHA order, I wonder what their reaction would be.