Smokey Bear
Elite Member
- Joined
- Dec 8, 2004
- Professional Status
- Certified Residential Appraiser
- State
- California
You're welcome! Glad someone's listening.
Cynthia Hamilton said:I've given you a recipe for getting into this business. Most people don't want to do what it takes. There are very few trainee positions these days. You need to put yourself at the top of the pool of candidates. Whether you do that is up to you.
Kellee - I wasn't directing this at you in particular, and I'm sorry you were so frustrated when you posted. Congratulations on finding a mentor.kellee daniels said:Thank you for the "recipe" it was actually very informative. When I posted this thread I was literally in tears from frustration and defeat. Spelling and Grammar were not an issue to me at that time as I didn’t see this as an English comp paper, however yes I actually would be able to fill in and submit an example of my work. I do have a laptop and digital cameras as well as a clip board and measuring device. I trained with a licensed appraiser and also had classroom training at Barney Fletcher which is a reputable school here in Atlanta. I felt classroom training is always more conducive to online learning. However, I do thank you for taking the time to respond.
Thank You
Kellee C. Daniels
But hell, you'll insure multiple loans for only $79.95! I'm impressed!>
Recently, a few of my old pals from a few of the banks I worked for in
the past forwarded some very interesting e-mails from senior bank execs. I
hope this will get everyone's attention:
One of the e-mails said "We don't fund on an appraisal, we fund on an
AVM. When we're about to sell the loan on Wall St., we order an appraisal
so that we can insure the loan and 'ATTACK' (emphasis added) the appraiser'sE&O if the loan goes bad."; Another e-mail claimed: "Don't worry about our > portfolio, all of our appraisers are insured. They're never going to know what hit them." and finally, for the coup de grace, "You don't even need to order an appraisal to have your loan insured by an appraiser. Order a comp-check, document the interaction including the appraiser's name and license number because this IS an appraisal, pull an AVM and fund the loan. That's it: free insurance."