FHA Bedroom Egress Photo Requirement

[djd09]

You missed the point. They don't trust our work... in general.. for at least two reasons. 1- When it's money, you never trust a single person. You have procedures in place to provide checks. One very effective way to lose your shirt is to allow your 'trusted' bookkeeper to hold the keys to the checkbook. 2- They don't trust us because as an industry, we havce and continue to allow a lot of untrustworthy and sometimes, untrained people to call themselves 'professional appraisers'. Obviously, there are many appraisers who actually understand appraising and who strive to provide professional quality services. Unfortunately, there are a lot of 'Skippys' whose main concern it getting the most fee for the least work... no matter if quality suffers.

who cares if they trust us...the banksters were laundering money for epstien

 

[John Hassler]

Again, all of the damage was their own doing as lenders. There were plenty of appraisers that did everything correct and produced honest, ethical, and credible appraisal reports. Those appraisers promptly, and often, were shown the door out, rejected from hiring lists, and by the majority of the players on the LENDING side summarily drummed out of the business because they failed to hit the needed dollar amounts 100% of the time for the LENDING community. Worse, if those appraisers stood their ground about their conclusions and actually dared to even report on what situations were less than perfect about the properties they were promptly ostracized for it. The "Appraisers" today you complain about are the result of all of that AND the result of LENDERS completely failing to file state board complaints when copious numbers of reports being turned in to them grossly failed to comply with the USPAP. After all, what greedy industry would file complaints against those that hit the needed numbers always and NEVER disclose anything other than perfect regarding the condition(s) of the properties? So guess what appraiser types ended up "training" new "appraisers?" Yes, hit and run form fillers training other hit and run form fillers until that poor and disgusting level of quality becomes normalized. What you are seeing today is NOT a demand for a higher level of quality, it is just a higher level of scapegoating taking place because the LENDING community is still actively hiring their willing "paid for a signature" scapegoats and NOT filing state board complaints even when they know the reports they are reading are garbage.

Spot on.

Since the Great Crash, with its major shift to AMC usage, there has been high demand for low competency appraisers in the residential conforming market.