- Dec 28, 2005
- Professional Status
- Certified Residential Appraiser
I wanted to see how most appraisers handle occupancy. I have all of my orders filled out with occupancy and confirm with the HO at the inspection. Now my issue is when instinct and logic conflicts with this info. Just recently I had a home and everything said there were tenants, the owner was driving a $50k car but the home was only worth $125k, the furniture was falling apart, yet HO was wearing a $1k suit, talking on an Iphone, pictures on the wall were of an full family (mother, father, kids) the owner was in the pictures and was a different race.... You get the drift, but my question is how to handle it. I have a CYA statement stating there verification is impossible, because in my mind my instincts can be wrong. I have had cases that could go either way, H.O.s out of town and the "brother" lets you in... I have heard appraisers that go through the mail, which I see as stepping over the line (and not foolproof, I get mail from previous owners daily).