Judge Rules Appraiser/Lender Owe no duty of care

[Fernando]

Real estate agents are experts in real estate, which generally includes a general knowledge of financing requirements. If they don't have the answer, they certainly should be able to counsel their clients on how to find the answers. The more the seller or purchaser is a rookie, the more hand-holding is required. That's part of their standard of care.

Agent probably shifted blame onto appraiser and lender for not helping buyer with direction/consultation in purchasing a home.

 

[Mike Ault]

Because the fact she marked items did not exist, left them out of every view in the appraisal report, and refused to provide the original pictures doesn't prove intent? Yall are hilarious.

No, if you're going to sue somebody over such things, surely you have access to the original photo. We are not being hilarious at all.

 

[Mejappz]

Bayou this is Class valuation motto "Making Americans' Dreams come True" Tell them to make your dreams come true. This is how it works to get the loan out the door and move to the next. If there is fraud, incompetency ah big deal move on to the next.

 

[Mike Ault]

You keep saying intentional. You have not proven "intent" to anybody's satisfaction on here.

 

[Huds_Harm]

No, if you're going to sue somebody over such things, surely you have access to the original photo. We are not being hilarious at all.

The Discovery process is a constitutional obligation to ensure a fair trial. The exchange of evidence by both sides is critical to the fair outcome of a case.

She did not get to depose the appraiser.

 

[Huds_Harm]

You keep saying intentional. You have not proven "intent" to anybody's satisfaction on here.

The Discovery process is a constitutional obligation to ensure a fair trial. The exchange of evidence by both sides is critical to the fair outcome of a case.

She did not get to depose the appraiser.

 

[Raven59]

Agent probably shifted blame onto appraiser and lender for not helping buyer with direction/consultation in purchasing a home.

Pass the blame—name of the game.

 

[Mejappz]

Notice in the Class video that it said "We had an appraisal rushed in three days and closed the loan in eight". Who cares if there is no sanitary system hey she's in the home what else do you want?

 

[Mike Ault]

I'm assuming that you are posting your dilemma on here in part to gather ammunition for your appeal. Win your argument on here, and you might win in court. Give us your best argument. Answer our questions in a straightforward manner, and you will have a better idea of how good your case against the slovenly appraiser actually is. That is not legal advice, by the way, just common sense.

 

[Huds_Harm]

I'm assuming that you are posting your dilemma on here in part to gather ammunition for your appeal. Win your argument on here, and you might win in court. Give us your best argument. Answer our questions in a straightforward manner, and you will have a better idea of how good your case against the slovenly appraiser actually is. That is not legal advice, by the way, just common sense.

What's common sense is in any other industry other than the appraisal business

With regard to products liability, a defendant is liable when the plaintiff proves that the product is defective, regardless of the defendant’s intent. It is irrelevant whether the manufacturer or supplier exercised great care; if there is a defect in the product that causes harm, he or she will be liable for it.

Yet appraisers get to CYA with intended user clauses and with no regard to how their "product" affects others.