Do you include a copy of specs?

[Tim Schneider]

I am working on a refi for remodeling, and a have a room by room breakdown of what will be done. Instead of retyping this in an addendum, could I just include a copy in the report and reference the specs? It just seems much easier and more accurate.

 

[stefan olafson]

Keep them in your file and summarize in the report! It's a summary appraisal right?

 

[hastalavista]

I am working on a refi for remodeling, and a have a room by room breakdown of what will be done. Instead of retyping this in an addendum, could I just include a copy in the report and reference the specs? It just seems much easier and more accurate.

It is your call.

 

[Tim Schneider]

Yes, summary... 3/05 1004.

 

[Marcia Langley]

Tim,

It is your call, as Denis said.

On the remodels I have done I have prefered to scan in the specs. If there is any question later about whether you were cognizant of the specs and proposed materials, the reader will have to look no farther than your report.

If the lender gets a follow up report from you or anyone else, there is the record in the borrower's own document as to what was proposed.

 

[Farm Gal]

Why in heavens name would you TYPE even a summary a copy of what they gave to you in writing?:new_smile-l:

I'd have to think... and correct my typos which costs time and money....:Eyecrazy: and COULD be later challenged as not the real deal - (despite the summary notation)

Scan and paste man!

 

[bschmidt]

Scan it and insert into report is my answer. :new_smile-l:

 

[Lawrence R.]

Scan it

I am with the scan it crowd...now that they have developed into the majority....

 

[Terrel L. Shields]

And another...scan and be done with it

 

[Joker]

Lee Ann is right on! Scan and refer.

That is one of the reasons I require the owner to provide me with specs in writing.