....and, the issue of the home's heating system, be that primary and with any possible secondary source, could have perhaps been something that the lender/client might have asked about BEFORE engaging the appraiser.
There ought to be another sort of check-list.....the kind that has been progressively established over the years by any lender/client.....which is the significant list of interogatories that the CLIENT asks of their borrower so as to learn aspects of the property which can be adeptly introduced within the order engagement process and support the fundamental Scope of Work decisions which the appraiser will be developing. Such communication could improve turn-time, help foster the appropriate fair fee for the assignment and promote a thoroughness of reporting that can be completed withOUT there actually being post-report corrections, amendments or stips. O.k., right, it's not a perfect world.
Yes, I know, and I agree. There are far too many assignments handed out where the client knows absolutely NOTHING about the subject property.....and is too freaking lazy to learn or inquire beforehand whether THIS property has "issues".
One can be certain of one thing during this dynamic period of evolutionary change in our industry. The AVM's, CMA's and BPO's will handle the easy ones. We appraisers will be inheriting all the white elephants, problem-properties and P.o.S.'s. We deserve thorough communication with whatever orders might come across to us. Too bad most clients' staffers haven't got a clue how to process and effectively communicate an appraisal assignment !
In Tim's situation, the client could have dealt with the fireplace-only situation before ever contacting Tim......and perhaps never engaged Tim to discover something that the client was NOT going to like. I'm surprised they haven't asked Tim to indicate in his report that the oil heat system is primary and the wood source is the back-up !
