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I like this appraisal engagement letter

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Elliott

Thread Starter
Elite Member
Joined
Apr 23, 2002
Professional Status
Certified General Appraiser
State
Oregon
Just got an assignement from a Washington mortgage
broker....

My favorite lines in the engagement letter are:

"You are instructed to base your opinion of market value solely on your own analysis without influence from interested parties."

"If anyone involved in this real estate transaction, whose compensation may be contingent on the results of your analysis (including, but not limited to, any loan personenel, borrower, purchaser, seller, selling real estate agent, listing real estate agent, etc.) attempts to influence your conclusion of value in any way, this must be acknowledged and addressed in the appraisal report."

Plus, I'm suppose to attach a copy of the engagement letter to the report.

I like it....I might include those lines in an appraisal assignment
acceptance letter that I send the flakier loan people
out there.

elliott
 
Joined
Jan 13, 2002
Professional Status
Retired Appraiser
State
Florida
WOW!!!

THAT client would get my full attention and go to the top of my priority list.

Thanks! Think I'll add that to my order form too.

8O :D :D :D
 

wyecoyote

Senior Member
Joined
Jan 15, 2002
Professional Status
Gvmt Agency, FNMA, HUD, VA etc.
State
Washington
That is a great engagement letter. Sounds like could be a good client and agree with Pamela would send to the top of the list.
 

George W Dodd

Senior Member
Joined
Jul 9, 2002
Professional Status
Certified Residential Appraiser
State
Virginia
I like it!! :D :D

Need a lot more clients like that!
 
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