hastalavista
Elite Member
- Joined
- May 16, 2005
- Professional Status
- Certified General Appraiser
- State
- California
Moh-Originally posted by moh malekpour@Nov 12 2005, 10:50 AM
Denis,
Thanks for the time and afford that you took to share your grasp of that meeting with us.
I was wondering why Mr. Simpson expected the appraiser to prepare the report any different than he did as if it was for lender? When Mr. Simpson, the private party, is a lender’s lender himself, his knowledge and comprehension of appraisal is similar to a lender and appraiser has to write a report for that party as if it is for a lender (the client's kowledge base and comprehension of appraisal). If the private party profession was anything different, then the report should be at the level of that private party.
Also, I was wondering if your 107 page narrative report for a private party was for a residential appraisal? I doubt it but it is possible that you had a very complex residential property and very sophisticated client that needed 107-page report.
Mr. Simpson specifically said the appraiser did not know who he was and his relationship to Fannie (which I accept as the truth).
The narrative was for a residential property; very complex. Litigation.