FHA Septic & Well Appraiser Lawsuit

[ucbruin]

@Bayouplace713

Sort of a tangent post here....

I'd just like to say that I think it's great that you provided an update....
And that you also continue to engage with the others....

Many, if not most who create a thread, stop communicating whenever they get pushback....

 

[The Bob]

Here's what Carnivore was trying to post

 

[Fernando]

In CA, the agents involved in transaction should have helped the buyer dealt with this sewer issue.
The appraisal is for the lender. Don't know why buyers rely on appraisal reports for "home inspection".
Buyer should hire home inspectors for such property concerns.
That's why almost all purchases I seen here, there is always a home inspection (except waived by buyer). Don't know about other states.

 

[Elliott]

Here's what Carnivore was trying to post

View attachment 81129

From 'Debbie' in American Graffiti, "Are you for real? Come on. Girls don't pay. Guys pay."

Lender sues the appraiser. HO doesn't sue the appraiser. HO can sue the lender, but lotsa luck. : )

We really need to know the public record on the subject's septic system.

Look Up Data and Records Online

Listing of various environmental-quality data and records available on the TCEQ website.

www.tceq.texas.gov

 

[glenn walker]

Getting more and more like a divorce case and not one about real estate

 

[Meandering]

Getting more and more like a divorce case and not one about real estate

I was thinking wanna-be investor. Jumped in to the cheapest property that could be found, and now, can't flip it.
.

 

[Huds_Harm]

We really need to know the public record on the subject's septic system.

Look Up Data and Records Online

Listing of various environmental-quality data and records available on the TCEQ website.

www.tceq.texas.gov

In case number 512-00000000: Per published listing and online data sources, the Subject property
was connected to an onsite well and sewage disposal system, but not identified, disclosed, or
discussed, and the Appraiser failed to report the availability of connection to a public/community
water and sewer systems, and/or whether there were any jurisdictional conditions requiring
connection.

 

[Zoe]

In case number 512-00000000: Per published listing and online data sources, the Subject property
was connected to an onsite well and sewage disposal system, but not identified, disclosed, or
discussed, and the Appraiser failed to report the availability of connection to a public/community
water and sewer systems, and/or whether there were any jurisdictional conditions requiring
connection.

Okay, was seller, real estate agent, lender involved? Was survey provided?

 

[Huds_Harm]

Okay, was seller, real estate agent, lender involved? Was survey provided?

In determining if the property met FHA minimum property requirements? No that is the duty of the lender and appraiser only.

 

[Fernando]

In case number 512-00000000: Per published listing and online data sources, the Subject property
was connected to an onsite well and sewage disposal system, but not identified, disclosed, or
discussed, and the Appraiser failed to report the availability of connection to a public/community
water and sewer systems, and/or whether there were any jurisdictional conditions requiring
connection.

Appraiser's client is the lender. If there's an issue, lender should have an issue with the appraiser.