Wally Jones
Senior Member
- Joined
- Jan 23, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Florida
Okay. I've read about it and sympathized with others about it but now it's happened to me.
Called a lender to see why I haven't heard from them lately. Seems I had two reports in the past six months that came in below the value of sales contracts. The lender said the contractor (same one in both cases-proposed/new construction) told them to not use us anymore and they hired another appraiser to bring both of those reports "in line" with the value they needed.
I called the contractor's office and they said they weren't aware of any problems and they planned to use us in the future.
Trying to figure out a way to get copies of the other appraisals (assuming they actually exist), but no luck so far.
The client didn't send us that much work so I'm not crying too hard over losing their business. Sure would like to have some hard evidence to turn over to the state, though (for the lender as well as the appraisers involved).
Any suggestions would be welcome, but thanks for letting me vent.
Still Sleeping Well At Night,
Wally
Called a lender to see why I haven't heard from them lately. Seems I had two reports in the past six months that came in below the value of sales contracts. The lender said the contractor (same one in both cases-proposed/new construction) told them to not use us anymore and they hired another appraiser to bring both of those reports "in line" with the value they needed.
I called the contractor's office and they said they weren't aware of any problems and they planned to use us in the future.
Trying to figure out a way to get copies of the other appraisals (assuming they actually exist), but no luck so far.
The client didn't send us that much work so I'm not crying too hard over losing their business. Sure would like to have some hard evidence to turn over to the state, though (for the lender as well as the appraisers involved).
Any suggestions would be welcome, but thanks for letting me vent.
Still Sleeping Well At Night,
Wally