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How Would You React To This?

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Oh No Not Him

Member
Joined
Jun 21, 2006
Professional Status
Certified Residential Appraiser
State
Maine
So...you receive the following message which has had info redacted.....whats you reaction?

Oh, forgot to add....this is from another appraiser! Not the lender or the broker!

It should be mentioned that I took this assignment, quoted the lender my "due date" & they agreed & sent it to me...I am going to be within my quoted turn time. I received the request on 9/21 by the way.


I am told that you will be appraising this home on Thursday.The owner is a very good friend of mine and along with her realtor are starting to get very nervous about time constraints involved on back to back contracts. I understand the first appraiser decided not to do this appraisal and now it has been assigned to you by XYZ Bank. Their contract is dated 9-6 which makes them 35 days into a 50 day contract & they have had no underwriting decision on their applicants until the appraisal is in. Upon XYZ Bank’s receipt of your appraisal they still have to be underwritten,& then of course the title & legal work. Upon this sale the owner of "Smith St" has a cash closing on a condo the same day, & it is not certain that the owners of the condo will extend the contract that she is to purchase. And it is also unknown if the buyers of "Smith St" will extend as well.
 

miktay

Senior Member
Joined
Jul 3, 2007
Professional Status
Certified Residential Appraiser
State
Texas
"Thank you for explaining your friends situation. I will do what I can on my end to expedite my report to the lender."
 

J Grant

Elite Member
Joined
Dec 9, 2003
Professional Status
Certified Residential Appraiser
State
Florida
Tell them to in the future, send any concerns , and to send this one as well to the lender. Don't respond other than that,
 

Elliott

Elite Member
Joined
Apr 23, 2002
Professional Status
Certified General Appraiser
State
Oregon
I appreciate the information you schmuck. (remove 'you schmuck,' but it will make you feel better to write it once.)
 

Bobby Bucks

Elite Member
Joined
Jan 27, 2002
Professional Status
Real Estate Agent or Broker
State
North Dakota
Have a friend call him, then a few seconds later you call him to assure you get his voice mail. Leave a
professionally sounding message that unfortunately you're going to have to turn him in for violating USPAP
standard X#%$, (lots of mumbling and background noise so he can't clearly hear which part of USPAP you're
referring to. Then ignore his subsequent calls which should be both numerous and frantic. :)
 

Dublin ohio

Senior Member
Joined
Mar 20, 2008
Professional Status
Licensed Appraiser
State
Ohio
Sheesh! SMH. Why all of the animosity and negativity. From what I read in the OP. All I see is a concerned friend reaching out to a fellow professional and explaining a bad situation. No mention of value. No asking to hurry up. Nothing. Just the facts. As far as leaving a message inferring USPAP violation. If he is any kind of an appraiser he will just laugh since it is obvious that no possible violation exists. The person leaving that message would be the "Shmuck".
 

BRCJR

Elite Member
Gold Supporting Member
Joined
Sep 20, 2005
Professional Status
Licensed Appraiser
State
Virginia
Sheesh! SMH. Why all of the animosity and negativity. From what I read in the OP. All I see is a concerned friend reaching out to a fellow professional and explaining a bad situation. No mention of value. No asking to hurry up. Nothing. Just the facts. As far as leaving a message inferring USPAP violation. If he is any kind of an appraiser he will just laugh since it is obvious that no possible violation exists. The person leaving that message would be the "Shmuck".
How many borrowers have had friends call you? Just curious.
 
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