Significant Appraisal Assistance (1004p)

[J Grant]

Okay, I assume not having assume significant appraisal assistance disclosure means appraiser is not responsible for a mistakes the inspector made. The inspector measured subject as 1800 sf instead of 2000 sf due to omitting an area..

We are not responsible for the inspectors technical mistake of 1800 sf,

However, our appraisal value result was based on 1800 sf, and we are responsible for appraisal results, so we still end up liable for the sf error in its affect on the result (at least that is how I see it what am I missing?).

 

[chad hampton]

I'm waiting for when the corporate jackasses just send me the completed report with the value included. I'll just sign 100 a day for $10 ea. AMC can keep $490 of the borrower's $500. As long as I get my $1,000/day I'll be good. Now that's my idea of modernization.

I hope they don't find someone to sign for $9 ea. Some pretend appraiser in a suit sitting in a cubicle will get a nice bonus if they do.

 

[ucbruin]

Okay, I assume not having assume significant appraisal assistance disclosure means appraiser is not responsible for a mistakes the inspector made. The inspector measured subject as 1800 sf instead of 2000 sf due to omitting an area..

We are not responsible for the inspectors technical mistake of 1800 sf,

However, our appraisal value result was based on 1800 sf, and we are responsible for appraisal results, so we still end up liable for the sf error in its affect on the result (at least that is how I see it what am I missing?).

What do you normally do when you measure a home and your GLA is 200 sf different than the assessor's GLA?
I bet that the inspector would do the same as you....

 

[Mr Rex]

 

[djd09]

No I think that MAI Friend had a certain female women on here that busted his chops 20 times a day and a few men that did it another 20 times a day and I guess they just had no respect because he unintentionally made them feel inferior because he just has to much knowledge

tissue?

 

[DWiley]

Okay, I assume not having assume significant appraisal assistance disclosure means appraiser is not responsible for a mistakes the inspector made. The inspector measured subject as 1800 sf instead of 2000 sf due to omitting an area..

We are not responsible for the inspectors technical mistake of 1800 sf,

However, our appraisal value result was based on 1800 sf, and we are responsible for appraisal results, so we still end up liable for the sf error in its affect on the result (at least that is how I see it what am I missing?).

C'mon. Now you are pretending to be dense. What are the ramifications today if you do a 2055 with a recent listing that says its 2000 Sf, tax card says its 2000 SF, so you go with 2000 SF. Two weeks later it gets upgraded, you measure it at 1800 SF, or 2400 SF. What next?

 

[djd09]

BTW, you would definitely flunk the course; and if it is the podcasters who have been filling your heads with this stupidity then they would have flunked the course, too.

flunk what course? nobody fills my head with any thoughts? keep trying.

 

[Mr Rex]

Okay, I assume not having assume significant appraisal assistance disclosure means appraiser is not responsible for a mistakes the inspector made. The inspector measured subject as 1800 sf instead of 2000 sf due to omitting an area..

We are not responsible for the inspectors technical mistake of 1800 sf,

However, our appraisal value result was based on 1800 sf, and we are responsible for appraisal results, so we still end up liable for the sf error in its affect on the result (at least that is how I see it what am I missing?).

You have been posting for days but apparently never bothered to review the product you are "reviewing". Its in the pre-printed SOW that the SOW did not include an inspection by the appraiser.

 

[George Hatch]

Okay, I assume not having assume significant appraisal assistance disclosure means appraiser is not responsible for a mistakes the inspector made. The inspector measured subject as 1800 sf instead of 2000 sf due to omitting an area..

We are not responsible for the inspectors technical mistake of 1800 sf,

However, our appraisal value result was based on 1800 sf, and we are responsible for appraisal results, so we still end up liable for the sf error in its affect on the result (at least that is how I see it what am I missing?).

The appraiser isn't responsible for the results stemming from an error they didn't commit. When you certify that "to the best of my knowledge and belief" that is a qualifier which speaks to you operating in good faith based on the information that you're working with. It's no different for an assumption relating to this information than the other assumptions upon which you routinely rely involving other types of information or observations. Nobody expects you to be clairvoyant about someone else's mistakes.

Now if you had reason to suspect this information was inaccurate and you went ahead and used it anyway THAT is a decision that could get you into trouble.

 

[J Grant]

efore.

You have been posting for days but apparently never bothered to review the product you are "reviewing". Its in the pre-printed SOW that the SOW did not include an inspection by the appraiser.

Are you brain dead? Of course I realized the SOW did not include an inspection by the appraiser that is what the whole tread is about. Baby pictures is that you lol..