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Non-appraisal Services, Insurance Claim

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S is for spittman

Senior Member
Joined
Oct 24, 2005
Professional Status
Certified Residential Appraiser
State
Texas
I was not really sure where to put this topic since there isn't a forum for "other" services. Anyways ...

I've been turning down a lot of requests for insurance claims inspections this year every other week [three just yesterday], but I'm now wondering if I've been missing out on a great business opportunity. I've never done one before so I'm not really sure how much to charge or even what is involved.

Client asks for an FHA approved appraiser and to report it on a 1004D although they keep stressing that there is no previous appraisal and no value involved. Not really sure how I can put this on a 1004D and the thing that really makes me uneasy is what am I looking for compliance, craftsmanship, or just completion?

Anybody willing to send me a sample of what you fill out or write up and how much you charge?
 

CANative

Elite Member
Joined
Jun 18, 2003
Professional Status
Retired Appraiser
State
California
Sounds stupid to report this on a 1004D. Perhaps some other property inspection form (there are a lot of them.)

Don't forget this this represents appraisal practice and there are some USPAP obligations.
 

Bobby Bucks

Elite Member
Joined
Jan 27, 2002
Professional Status
Real Estate Agent or Broker
State
North Dakota
I get those occasionally, what I find surprising is people actually accept them for $75-100 and quite often they're a considerable distance away for an interior inspection. My spidey senses tell me there is too much risk due to the element of the unknown.

Sounds stupid to report this on a 1004D. Perhaps some other property inspection form (there are a lot of them.)

Don't forget this this represents appraisal practice and there are some USPAP obligations.
Good point. BTW, what were you upset about on the other thread recently? Did bowtie Bert come back in here and sass you about something?
 
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