• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

HELP!

Status
Not open for further replies.

Ruth Langkawel

Thread Starter
Sophomore Member
Joined
Jan 14, 2002
Have a request for "correction" from a lender:

"Add PO Box Address to Appraisal and CHUMS along with street address"

Que' pasa :?

I started doing FHA appraisals in 1997. Have never been issued a CHUMS number. I believe they did away with those at some point prior to 1997, and use the appraisers license number instead - which is, of course, on the appraisal!

I have no idea what PO Box address they are talking about. I have the PO Box address for the state licensing board in the addendum as always - in case they want to complain about me (required on all appraisals in Michgan). The subject is owner occupied - the loan was a reverse mortgage.

And of course the subject address is on every page of the report! I'm assuming that they want the borrowers PO Box address in addition to the street address.
 

Ben Vukicevich SRA

Senior Member
Joined
Feb 9, 2002
Professional Status
Certified General Appraiser
State
New Jersey
Ruth,

You're correct about the CHUMs number, they're gone. All I can think of is that it's a blanket instruction from the underwriter to the processor. You/Appraiser add the PO Box to the street address listed in the appraisal and the processor corrects the same in the FHA computer system so it matches.

The DEU's instruction is not worded clearly and can mean more than one thing.

Ben
 

bradellis

Member
Joined
Jan 16, 2002
Ruth,

Ben is correct that HUD is no longer issuing CHUMS numbers; however, they do have them- only it is now your license number.

Brad
 

wade3333

Senior Member
Joined
Jan 15, 2002
Professional Status
Licensed Appraiser
State
Georgia
My # is GAL 844, I suppose that is for Ga. I am licensed not certified, and 844 is my appraisal #.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks