Inspection Report Reviewed After the On Site Observation By the Appraiser

[TJSum]

Well, you still have the information and I believe the URAR certs even address once information is learned it can not be unlearned.

Exactly.

 

[Herb1848]

Well, you still have the information and I believe the URAR certs even address once information is learned it can not be unlearned.

Don't attach it since it was not provided by your client but now you have the information, so how could you ignore it ? The inspection came in after your site visit but you are still working on the appraisal correct?

"The appraiser was provided with a home inspection report indicating mold etc (list the scary health and safety conditions). Therefore the report is made subject to repair for these health or safety items. "

Imo, no need to talk about furniture blocking etc. We are not inspectors and not expected to move furniture around to see what is behind it. And regardless, an inspector uses equipment such as a mold detector that we don't have.s

Thank you!

 

[jay trotta]

5. The appraiser has noted in this appraisal report any adverse conditions (such as needed repairs, deterioration, the
presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property or that he or
she became aware of during the research involved in performing this appraisal.

Cert 5 limiting conditions on the URAR form that we use.

I think you mean the SRIP form and #5 limiting conditions is a paragraph. a tad longer

 

[Zoe]

Thank you!

Yeah, that man or woman is licensed and bonded to inspect homes. Roll on their license and bond. Roll on. Don't worry who gave it to you. That man or woman's license and bond is already on the line. You won't add any liability to them or hurt your client's feelings. The inspector could care less if you use it. They are already on the hook with their license and bond.

 

[Zoe]

I have used engineer's reports on many projects. They were attached to my appraisals. They got paid a little more than me. That's okay. I appreciated the reports. It made my job easier.

I still inspected the property and had the engineer's report before I completed the appraisal.

 

[Zoe]

Ask @Terrel L. Shields if he ever relies on other professionals in his appraisals?

I already know the answer is "yes".

 

[J Grant]

I think you mean the SRIP form and #5 limiting conditions is a paragraph. a tad longer

It from the 1004 form limiting conditions page, I cut it to highlight the relevant portion

 

[Tom D]

probable was given to you, i rarely get them, to get your thoughts on these 'problems', being the person who say this property is ok. i would certainly be very concerned that the happy buyer will be the angry owner suing you for the problems you missed. if they were solved, then they have paid invoices for the work done, ask them for it, end of issue. if not, include the issues and subject to. i honestly don't think any lender wants to do a property with any significant issue, or issues.