Lorie Miller
Sophomore Member
- Joined
- May 27, 2003
- Professional Status
- Appraiser Trainee
- State
- Florida
Our office prepared a 1004 subject to completion per plans at the end of February. Draw inspections were completed by our office. Upon the homeowner receiving his CO we have been asked to prepare a Satisfactory Completion Certificate. I would like clarification on the implication of the Satisfactory Completion Certificate. Does it simply mean the subject was built to the plans, specifications, requirements, conditions etc. that were provided to the appraiser and addressed in the appraisal report? Is the Satisfactory Completion Certificate considered a recertification of value?