Hybrid

[J Grant]

Who knows how courts or state boards will see it if complaints get generated from assignments where inspector did the interior and onsite inspection Certainly a precedent exists since for decades the inspection portion was considered important enough that Fannie/FHA /lenders required the cert appraiser to personally inspect or accompany a trainee on the inspection ( at least supervise a trainee who inspected alone but few lenders accepted reports where the trainee inspected alone ).

Was this because a trainee was incapable of taking a photo, notes and measuring ? ( doh, no.) Or because the inspection portion was considered so germane to assignment results as to be part of appraisal practice (isn't appraisal practice acting as an appraiser? ). The inspection portion in USPAP FAQ was part of contributing significant assistance of an appraiser/ disclosed.

o

 

[J Grant]

duplicate

 

[Carnivore]

So when there are two employees performing property inspections and one has an appraisal license but the other doesn't are they both engaged in appraising, or are they both engaged in a valuation service that doesn't involve acting as an appraiser? Because whichever it is, both the licensed and unlicensed individuals are performing the same acts for which the user expectations for both their role and their performance will be the same.

So where did I read that if a Trainee does the Drive by inspection that is considered Significant Assistance but anyone else is not Significant Assistance? This is even when they are performing the same task

 

[djd09]

The market will ultimately determine what fees

 

[bnmappraisal]

I think people need to step away from the label game and think in terms of the concepts involved.

The problem with that, George, is that we (RES appraisers, mostly doing Fannie/Freddie work) would have to think outside of F/F forms .... and that would take ... thinking outside of ... F/F forms

 

[hastalavista]

I'm old school gonna have page one of a URAR engraved on headstone...that will be different right ! Like people walking around cemetery will ask what is that?l

Rather the 1004 (unless it is an image of you stepping on it) how about something like this:

Here lies the body of our Ms. J Grant
Tell you her thoughts, without coating or slant
Unfortunately one day
While denouncing Fannie Mae
She fell off the soapbox in the middle of her rant​

(ok, I'll keep my day job)

 

[J Grant]

Rather the 1004 (unless it is an image of you stepping on it) how about something like this:

Here lies the body of our Ms. J Grant
Tell you her thoughts, without coating or slant
Unfortunately one day
While denouncing Fannie Mae
She fell off the soapbox in the middle of her rant​

(ok, I'll keep my day job)

Adorable ! A future career lol....

 

[ucbruin]

Rather the 1004 (unless it is an image of you stepping on it) how about something like this:

Here lies the body of our Ms. J Grant
Tell you her thoughts, without coating or slant
Unfortunately one day
While denouncing Fannie Mae
She fell off the soapbox in the middle of her rant​

(ok, I'll keep my day job)

That was great!!!!

Now do one about me (it's always about me)...
Just try not to be too brutally honest!!!

 

[Terrel L. Shields]

appraisals allowed appraisers to leave firms and flourish as indie appraisers

Here we had no large firms. Only a couple had more than a single assistant and most did little more than FHA and VA. They sold RE in the meantime.

 

[Terrel L. Shields]

've argued that if the appraiser is the inspector, they are still required to follow the USPAP if they were engaged to perform the assignment because they were an appraiser (and I confirmed it with my state regulator and recommended others do the same); so I've argued that this component of the assignment should have a commensurate fee giv

So if not informed of even the name and profession of the appraiser/inspector how does one comply with USPAP regarding identity of significant assistance. And if not "significant assistance" why does the inspector /appraiser have to comply with diddly squat? I assumed he/she has liability for lying or fraud, but that goes for anyone providing this inspection service.