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Liquidatio Appraisal On A Property I Appraised

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Don Clark

Elite Member
Joined
Jan 17, 2002
Professional Status
Certified Residential Appraiser
State
Virginia
Ugh! Liquidation appraisal on a property I appraised withing past 3 years. Makes you stop and hope you did it right the last time. I also sent the following to the client and VA:


"I certify that I have performed services to the subject property in the past 3 years. That service was a VA Appraisal In accordance with USPAP I am required to advise the client(VA & Lender) of that previous service that was performed."
 

sandpiperapp

Senior Member
Joined
Apr 5, 2011
Professional Status
Certified Residential Appraiser
State
New York
Had that happen recently. The liquidation was due to a divorce and not a problem with my original appraisal. Value for the liquidation two plus years later was actually higher than my original opinion of value. Notified both the VA and the lender about my previous service and they both said it was ok to continue with the assignment.
 

BuddyKat

Junior Member
Joined
Jul 29, 2007
Professional Status
Certified Residential Appraiser
State
Virginia
Ugh! Liquidation appraisal on a property I appraised withing past 3 years. Makes you stop and hope you did it right the last time. I also sent the following to the client and VA:


"I certify that I have performed services to the subject property in the past 3 years. That service was a VA Appraisal In accordance with USPAP I am required to advise the client(VA & Lender) of that previous service that was performed."

I had one last month that I had appraised about 2 years ago. Had to do a 2055, vet and wife split up and wife was un-cooperative and would not let me in. The thing I don't like about liquidation appraisals, almost always it is a sad situation.
 
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