Judge Rules Appraiser/Lender Owe no duty of care

[Huds_Harm]

You have been made aware based on the answers that you received from here.

What you lack is self-awareness of your blatant incompetence to perform due diligence on one of the most expensive purchases you'll ever make. That goes double for whomever you relied upon to make this purchase!

You went to court, you lost. As for that FHA appraiser who doesn't know the difference between an appraisal form and a McDonald's menu... turn them into the State Board! More jobs for the competent appraisers out there.

Now take your jilted a*s out of here and go to the HUD forum and vent on them for a while. Your lack of appreciation for the "awareness" that you received here is so telling.

Fyi the buyers home inspection nor septic inspection verifies FHA minimum property requirements. That is the DUTY of the appraiser and lender only not the buyer.

 

[Huds_Harm]

Pool tournament tonight so I will let it go. And, as I told you last year when you first posted it, I am very sorry that this happened to you.

Good luck!

 

[Surf Cat]

No need to pick her. I daresay 90% of buyers would have skipped a survey and septic and well inspections unless prompted by the agent to do so. She's just one of the relative few whose odds didn't pan out.

She drew first blood George.

She chooses not to hear the sage advice /help that appraiser's Nationwide are giving her. All she gets out of it is that she can't believe how many appraisers will defend this blatant incompetence. She needs to grow up, self-reflect. The truth hurts.

 

[Huds_Harm]

She drew first blood George.

She chooses not to hear the sage advice /help that appraiser's Nationwide are giving her. All she gets out of it is that she can't believe how many appraisers will defend this blatant incompetence. She needs to grow up, self-reflect. The truth hurts.

Trust me nothing you say compares to the past three years of incompetence.

And to clarify I am appreciative of advice. Not deflection to the borrower for something the appraiser was required to do.

But what would help more than advice is exposure to help borrowers, and to weed out fraud appraisers.

 

[Surf Cat]

Trust me nothing you say compares to the past three years of incompetence.

And to clarify I am appreciative of advice. Not deflection to the borrower for something the appraiser was required to do.

But what would help more than advice is exposure to help borrowers, and to weed out fraud appraisers.

There's appraisers here with "Decades" of experience giving you answers / advice. Competence, integrity, and ethics are very important to the appraisers on this forum.

You, or your acquaintance, whomever is going through this ordeal, has to understand that it's not solely due to the incompetence of the appraiser. All parties involved in this transaction have to own a piece of the blame.

My apologies for getting a little Gruff back there.

 

[George Hatch]

She drew first blood George.

She chooses not to hear the sage advice /help that appraiser's Nationwide are giving her. All she gets out of it is that she can't believe how many appraisers will defend this blatant incompetence. She needs to grow up, self-reflect. The truth hurts.

C'mon now, be reasonable. We're not emotionally invested in the outcome of this saga. We can compartmentalize, whereas she's all in. $100k is a lot money for anyone. Any property owner in this situation would be looking for reasons why and seeking out their remedies.

 

[Huds_Harm]

There's appraisers here with "Decades" of experience giving you answers / advice. Competence, integrity, and ethics are very important to the appraisers on this forum.

You, or your acquaintance, whomever is going through this ordeal, has to understand that it's not solely due to the incompetence of the appraiser. All parties involved in this transaction have to own a piece of the blame.

My apologies for getting a little Gruff back there.

To which I am appreciative. This forum informed me of cert 23 which my attorney tried to use.

And I read a previous lawsuit post on here where appraisers were complaining about the borrower suing the appraiser only to which I thought it's good that I'm attempting to hold the lender accountable too.

This forum gave me proof of my lender "forcefully" tells appraisers they require "as is" only appraisals.

Which helped me a borrower that knew nothing about FHA minimum property requirements put the pieces to the puzzle that led to HUD updating their defect taxonomy.

So regardless if I get resolution I know the next person that has a borrower complaint, HUD will not be allowed to tell the lender "there is no way they could have known."

 

[John Hassler]

fli

 

[Huds_Harm]

No, by your own admission if the appraiser had done their job right the home was not eligible for FHA financing.

Correct, and as stated I would have 3 years of equity in a DIFFERENT home.

 

[Huds_Harm]

Where'd your comment go John?