FHA Appraisal reassigned

[CANative]

I am not concerned about giving my E&O because they may need to use it against me.

How uncommonly kind and considerate of you to have such concern over someones future lititgation needs. LOL

 

[Willie]

You don't owe them one thing. Nothing. If you want to make a profit, charge them a fee for the E & O. I know you do good work, so it will be easy money. Personally, I would try to recover some of my E & O annual fees if I were you, especially since you've wasted countless minutes, headaches and have been aggrevated repeatedly by them.


You could tell them: "Ya'll require E & O? Why would you assume I even have it, it's so expensive. If you want me to get it, it will be $750(or whatever, make em pay for a million dollar policy or even two) and when I'm approved, I'll forward it to you.

Before our fellow TNean Jim Plante got kicked off this board, he gave some of his normal great advice regarding E & O. . He said, "I neither admit or deny having E & O." You could try that.

 

[TN Pro]

They had the borrower call me today to tell me how i had ruined thier closing, which was supposed to be tomorrow. They did offer to pay me for the E&O which i declined.
Then the manager of the mortgage company emailed me to tell me to"stop this charade" and how he didnt appreciate me schooling their Loan Officers in FHA protocol.
I have been very rude to some people for much less. Lucky for him i was having a really great day.

 

[Willie]

They had the borrower call me today to tell me how i had ruined thier closing, which was supposed to be tomorrow. They did offer to pay me for the E&O which i declined.
Then the manager of the mortgage company emailed me to tell me to"stop this charade" and how he didnt appreciate me schooling their Loan Officers in FHA protocol.
I have been very rude to some people for much less. Lucky for him i was having a really great day.

Dean, you are cracking me up. They offered to pay something for your E & O and you basically told them to shove it? That is priceless.

If you ever saw the Soup Nazi episode of Seinfeld..... "NO E& O FOR YOU. GET OUT OF HERE"..... "Next". LOL

 

[RSW]

Dean, you are cracking me up. They offered to pay something for your E & O and you basically told them to shove it? That is priceless.

If you ever saw the Soup Nazi episode of Seinfeld..... "NO E& O FOR YOU. GET OUT OF HERE"..... "Next". LOL

I remember that episode.

 

[kevingrehan]

If they pay you the $12,000.00 fee, you are obligated to provide them the E&O they are requesting. If you don't receive the check, screw um.