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[T.J.]

This is a trick to cheat you out of your fee. It is also a trick to hide from you that another appraiser may have already appraised it and those results killed the loan. So they moved on to Skippy, or who they think is a skippy, namely you. If they can get you to appraise the subject and it is too low or there are repairs they will just move on to a real skippy!

So the good news is they will remove you from there list because your not skippy!

Anyone want to take a shot at it?

 

[Kevin Keck]

I routinely complete 99.9% of a FHA appraisal without a case number. I don't release the results of the appraisal (nor have I ever been asked to) until I have the case number. I am unaware of any such regulation that prohibits you from starting an FHA assignment without the case number. Should anyone be aware of any such regulation please enlighten.

 

[phoebe33764]

I routinely complete 99.9% of a FHA appraisal without a case number. I don't release the results of the appraisal (nor have I ever been asked to) until I have the case number. I am unaware of any such regulation that prohibits you from starting an FHA assignment without the case number. Should anyone be aware of any such regulation please enlighten.

I do the same and have actually called HUD regarding this fallacy. Although it is true tht many brokers hold back the case # to determine if the value will work for their loan, there is no regulation regarding the case number. Ultimately, as you know, the case # has to be on the file when the appraisal gets submitted. I, as well, hold back the appraisal until I get the #.

No ticky no washy.

 

[sammiboii]

Thank you for all the information.

 

[T.J.]

I do the same and have actually called HUD regarding this fallacy. Although it is true tht many brokers hold back the case # to determine if the value will work for their loan, there is no regulation regarding the case number. Ultimately, as you know, the case # has to be on the file when the appraisal gets submitted. I, as well, hold back the appraisal until I get the #.

No ticky no washy.

Yes, thank you. Finally someone else willing do what was needed. Keep it up!

 

[T.J.]

Just for good measure.

Email I recieved from HUD regarding the burning question:

Thank you for contacting the FHA Resource Center. Below is a summary of your request and our response.

If this issue is not resolved to your satisfaction, you may reopen it within the next 2 days.

Thank you for allowing us to be of service to you.

Subject
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Doing an appraisal before case number.


Discussion Thread
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Customer (Entered by Raquel Amaya) - 06/25/2008 08:29 AM Customer Inquiry - Effective Date as an appraisals. FHA Case Number.







Resolution -

Do I need a case number before I assign an appraiser?

To obtain a case number, the lender must input the property and borrower data and select an appraiser from the approved-appraiser list via FHA Connection. The lender may assign the appraiser before receiving the case number, but the case may not be submitted for endorsement without the case number. The case number must be placed on all copies of the appraisal including all addenda. If the property is a condominium, the lender must verify that it is HUD-approved before ordering a case number or having an appraisal performed. The lender will give the appraiser the project name and ID number and all available property information. More information on obtaining an FHA case number, viewing the approved-appraiser list and approved-condominium list can be found in the FHA Connection User
Guide at the following website:
https://entp.HUD.gov/qckstart/qckstrt.htm

HANDBOOK 4150.2 CHAPTER 1
SECTION 1-2

When the lender selects an appraiser from the FHA Register,

the FHA Connection processes a case number for the lender.
The lender may assign the appraiser before receiving the
case number, but the case may not be submitted for
endorsement without the case number. The case number must
be placed on all copies of the URAR as well as the VC form
and summary. The mortgagee will give the appraiser:

o the property address
o type of construction
o number of units
o other information necessary for the assignment

If the property is a condominium or a Planned Unit
Development (PUD), the lender will verify that it is HUD-
approved before ordering a case number or having an
appraisal performed. The lender will give the appraiser the
project name and ID number and all available property
information. If it is proposed construction for a PUD or
Condominium, it must be FHA-approved before ordering a case
number. The name of the Condominium or PUD must be given.

 

[Gillian Kaiser]

IMNSHO - It's a business decision

As posted on the FHA Connections FAQ:

"Q5: When I submit the "Appraisal Logging" page, I receive an error that says, "DATE APPRAISED MUST BE ON/AFTER DATE ASSIGNED TO APPRAISER". What is causing this error to occur?

A5: As the error indicates, the date entered for the Date Appraised field is a date prior to the date that was entered for the appraiser Assignment Date field when the case number was ordered. Usually this occurs because the person who orders the case entered the date on which they ordered the case in the Assignment Date field instead of the date the appraiser was contacted to request that they complete an appraisal for the property. Please go to the "Update Existing Case" page to correct the Assignment Date field in the Appraiser Fields section. "

In my experience if they cannot supply me with the case# prior to inspection of the subject there is no guarantee that the borrower qualifies for FHA financing, I am the assigned appraiser, and/or the client is possibly shopping around for the number hitter. However, I believe it is the appraiser's business decision to inspect or not prior to receiving the case#. I once inspected a house as FHA prior to receiving the case#, prepared the FHA appraisal report, and afterwards the borrower was determined to not qualify for FHA financing (or so the client claimed). They tried to pull the "reduced to trip fee" nonsense. I no longer work for this client and have made the business decision to not inspect a subject until the case# is assigned.

 

[RSW]

I will not inspect a subject property until I receive a case # either. I request a copy of the case# assignment sheet with the case #, borrower's name, address of the subject property, and my name on it. That way if there is a problem, I can contact the HOC.

 

[phoebe33764]

As posted on the FHA Connections FAQ:

"Q5: When I submit the "Appraisal Logging" page, I receive an error that says, "DATE APPRAISED MUST BE ON/AFTER DATE ASSIGNED TO APPRAISER". What is causing this error to occur?

A5: As the error indicates, the date entered for the Date Appraised field is a date prior to the date that was entered for the appraiser Assignment Date field when the case number was ordered. Usually this occurs because the person who orders the case entered the date on which they ordered the case in the Assignment Date field instead of the date the appraiser was contacted to request that they complete an appraisal for the property. Please go to the "Update Existing Case" page to correct the Assignment Date field in the Appraiser Fields section. "


In my experience if they cannot supply me with the case# prior to inspection of the subject there is no guarantee that the borrower qualifies for FHA financing, I am the assigned appraiser, and/or the client is possibly shopping around for the number hitter. However, I believe it is the appraiser's business decision to inspect or not prior to receiving the case#. I once inspected a house as FHA prior to receiving the case#, prepared the FHA appraisal report, and afterwards the borrower was determined to not qualify for FHA financing (or so the client claimed). They tried to pull the "reduced to trip fee" nonsense. I no longer work for this client and have made the business decision to not inspect a subject until the case# is assigned.

That is understandable re: it's a business decision. It is also a business decision to get payment at the time of inspection. IMO, if they ordered an appraisal regardless of FHA or conventional and it is a bill to, they need to pay for the appraisal as opposed to just stating that it is a trip fee. Or am I misunderstanding? :icon_question:

 

[Gillian Kaiser]

That is understandable re: it's a business decision. It is also a business decision to get payment at the time of inspection. IMO, if they ordered an appraisal regardless of FHA or conventional and it is a bill to, they need to pay for the appraisal as opposed to just stating that it is a trip fee. Or am I misunderstanding? :icon_question:

You and I are on the same page. It was my former client that misunderstood it was permissible to change payment amount to a trip fee after the report was submitted. BTW, the client did end up finally paying the full fee that was quoted on the appraisal order form but only after I sent a letter to the NYS Banking Department to report the delinquency and request their assistance in getting the invoice paid.