- Jan 15, 2002
- Professional Status
- Gvmt Agency, FNMA, HUD, VA etc.
Got a field Review the other day for a purchase. They also faxed the home inspection to me. The home inspection was done prior to the appraisal. The client also stated on the order please read the home inspection appraiser had inspection but does not address in appraisal. So me I think oh kay perhaps a few repairs are noted but lets read it. Go through yada yada yada some things here and there (hole in drywall, clear crawlspace, vapor barrier, etc..). Then get to siding line big bold letters LP Siding on house. I think ok so it has LP siding no problem I'm doing the field review. I then read through the appraisal report no mention of the LP siding he does mention the things from the home inspection but nothing about the LP siding. I can not say for sure that this appraiser just had fuzzy eyes when he came to the siding line or that his copy was whited out. Now I don't know about you but I would disclaim this everywhere on the report and see what market data requires. I also wonder if this appraiser has paid up his E&O insurance extreme liability there. Just everyone please read those Home Inspections.