- Mar 21, 2007
- Professional Status
- Certified Residential Appraiser
Completed the appraisal for a bank... they disbursed the correct amount owed into my account two weeks ago. Today, I received a check from title for an additional $40 addressed to the appraiser who completed the file. Do you call title and say here's your check back? The borrower incurred the cost obviously, and I'm not going to be the fall guy for a $40 fee when this bank is overwhelming me in work at $400 a pop. What's the correct procedure. My old partner would have been at the bank cashing the check... fortunately, I run a tight ship and don't play that way... although if it was $4Million, I would create an invoice, cash the check, send the invoice, and take my cell to whatever island I would not be coming back from.