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I recieveed an ordr with no case # is that required?

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jwand125

Thread Starter
Freshman Member
Joined
Feb 18, 2002
1 st on , no case # came over with order, client should have that correct
 
Joined
Jan 13, 2002
Professional Status
Retired Appraiser
State
Florida
Tell them you must have the case number. How much do you trust or know this lender???? I have only one client I will start an FHA without the case number - all others must provide the case number on the copy of the form printed out from HUD showing me as the assigned appraiser.
 

larryhaskell

Senior Member
Joined
Apr 23, 2002
Professional Status
Certified General Appraiser
State
Nevada
As I understand the rule, you can inspect the property and complete the report without the case #. However, the report cannot be submitted without the case # on the form. You may find this hard to believe, but a HUD person told me that they don't always trust the lenders to follow through & submit the report to HUD. I remained shocked to this day about this statement.
 

David S. Roberson

Senior Member
Gold Supporting Member
Joined
Jan 16, 2002
Professional Status
Certified Residential Appraiser
State
Tennessee
There's a chance that the lender wants to see the value before ordering a case number and being liable for your fee. BEWARE!
 

larryhaskell

Senior Member
Joined
Apr 23, 2002
Professional Status
Certified General Appraiser
State
Nevada
I would follow up by agreeing with Pam. You do need to consider the lender. I have had multiple changes on a request from FHA to conventional & back again. I have even had them change after completing an inspection for a conventional loan. Had to go back & do the FHA stuff. If I do an inspection for an FHA and complete the report & then they change to a conventional, I still charge my standard FHA fee.
 
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