Old boss changed report and signed my name.

[Wendy]

The Supervisor system is one of the main reasons we are in this mess on the appraisal side. It's broken and clearly needs to be fixed.

 

[Joker]

If your boss stole $10,000 of your money, would you report him? If your boss was selling crack to kids, would you report him?

If the answer to either question is "yes" ask yourself what the difference is between that and defrauding you and a lender.

If the answer to both questions is "no", might I suggest another line of work. One needs a backbone to be in this business.

 

[TJSum]

ya, I agree with all of you, thanks for the comments. I think I'll give them a call today! I was just unsure cause of the length of time.

With each day that length of time grows longer, so do the right thing today. The bottom line, as long as you bring this to the proper authorities attention, the length of time will not be an issue (just tell them you were concerned about retaliation if it comes up). Ask yourself this, would you rather bring it up with the legal authorities as an innocent victim, or would you rather they discover it and have you as the focus of the fraud.

 

[JonGalt]

Anyway, after my boss and the appraiser that normally does work for this client looked at it, they changed comps, raised the value by 100K, and signed MY name to it and sent it back out.
In addition my old boss sends out trainees on FHA and VA appraisals, they pretend to be him and he never drives by or inspects the homes himself, this is just other stuff he does wrong.

Turn the guy in asap.

This is your local competition folks, every market is filled with this type of fraud commiting hack which drives down prices by sending the trainee and signing "did inspect". Why nobody does anything about this I can't even fathom.

Please turn this guy in.

P.S. In the future don't give out your signature to your mentor as this type of thing is pretty normal in the industry.

 

[Tudor]

Sounds like putting him out of business would be a great help to this profession.

You have facts to help stop this type of corruption, not many people do.

 

[CURT VAN HOOSER]

Is this a situation you should involve your E & O in?

 

[RSW]

I'm glad the hear that you have a copy of your original workfile. Keep it as that is proof of your original appraisal. The only problem is, how do you prove that you did not sign the second appraisal? Your only course of action is to let the authorities know about it. That way there is a record of you stating this was not your appraisal. CYA at any expense.

Also, that sounds like an appraiser here in Knoxville too.

 

[starmansf]

Just wondering? How did your boss sign your name. Wasn't it password protected?

 

[Scott Kibler]

You did not have control over your signature.

Bet you won't make that mistake again.

Way I figure it, you got no choice but to make a formal complaint against your boss. Prepare to take some lumps over the signature thing. That might be a bigger problem than you realize.

 

[meierd2000]

ya, i know i should have. but that was the first appraisal company i worked for, and they had all the appraisers signatures, made it sound like it was no big deal. now i know different. i called the state board today, they are going to call me back, we'll see what happens.