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State Lic appraiser signs off 1500 mi. away

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Terrel L. Shields

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Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
N. M., SLxxxN (Arkansas), reciprocated from California and surrendered his license after allegedly supervising and signing a number of reports generated in NW Arkansas with unregistered trainees.

I'm amazed...really.
 
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c w d

Senior Member
Joined
Oct 2, 2006
Professional Status
General Public
State
Florida
N. M., SLxxxN (Arkansas), reciprocated from California and surrendered his license after allegedly supervising and signing a number of reports generated in NW Arkansas with unregistered trainees.

I'm amazed...really.

Must be one of those guys making up for the lower fees through volume. I wonder if that 1500 mile away appraisal was for an AMC?
 
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Joined
Jan 13, 2002
Professional Status
Retired Appraiser
State
Florida
I am SO disgusted by all of this.
I'm sad and very angry that the powers that be that could have stopped this from happening actually appear to be the ones that actively made this happen.
 

Workbox

Elite Member
Joined
Mar 2, 2005
Professional Status
Certified Residential Appraiser
State
Colorado
That brings up a, question, I received an FHA reverse mortgage with someone else on the FHA confirmation page. I told them to change it, and they did. But when I looked that appraiser up, they are listed in two state, if I am correct their place of business is in Minnesota, but had a licence in Texas. :Shrug: Maybe they moved?

Eitherway, I am sure there hundreds more like this.
 

Kevin Mc

Elite Member
Joined
Jun 7, 2004
Professional Status
Certified Residential Appraiser
State
New York
I am SO disgusted by all of this.
I'm sad and very angry that the powers that be that could have stopped this from happening actually appear to be the ones that actively made this happen.

don't worry Pam, When they get done ridding the industry of all the MB/Appraiser relationships(the few that are left) and put it all in the hands of the AMCs and their "bonded" appraisers life will be good.m2:m2:....amazing isn't it?
 

Carnivore

Elite Member
Supporting Member
Joined
Jan 15, 2002
Professional Status
Certified Residential Appraiser
State
North Carolina
Shades of Studeman.

Studeman is the recently FL revoked appraiser who resided in NC but signed off on trainees in Florida as "Did Inspect" by using pictures.

He is still licensed in NC and TN and probably signs off on trainees in TN and NC no matter where he resides.
 

Couch Potato

Elite Member
Joined
Mar 15, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
That brings up a, question, I received an FHA reverse mortgage with someone else on the FHA confirmation page. I told them to change it, and they did. But when I looked that appraiser up, they are listed in two state, if I am correct their place of business is in Minnesota, but had a licence in Texas. :Shrug: Maybe they moved?

Eitherway, I am sure there hundreds more like this.
I listed in two states. As you note, moving explains a great deal. With Minnesota as one of the states, they may well "move" twice a year. :rof:
 

PropertyEconomics

Elite Member
Joined
Jun 19, 2007
Professional Status
Certified General Appraiser
State
New Mexico
It proves that no matter what we do .. you cannot control the ethics of others. There are and shall always be scumbags in our line of work. No morals, no ehtics, and no care .... its not something that we will ever be able to change.
For every one that a state may go after, there are 100 more that go under the radar.
 

Chris Colston

Elite Member
Joined
Jul 24, 2003
Professional Status
Certified Residential Appraiser
State
Florida
N. M., SLxxxN (Arkansas), reciprocated from California and surrendered his license after allegedly supervising and signing a number of reports generated in NW Arkansas with unregistered trainees.

I'm amazed...really.

While this is horrendous and he should be hung by his thumbs and thrown in jail, the other part of this thread is not that unusual. More than one license in more than one state. I held a certification in both Arkansas and Florida. When I lived in Arkansas, I wasn't about to let my Florida cert go, it was too hard to get when I got it. There are snow birds that hold Florida certs and work here in the winter and elsewhere in the summer. I know someone who has certifications in 24 states and keeps them all active. Doesn't mean he is working in 24 states, doesn't mean he is geo competent in all 24 states, doesn't even mean he is hiring trainees in all 24 states. There is nothing wrong, however, with having multiple licenses in multiple states.
 

Tudor

Member
Joined
Aug 15, 2006
Professional Status
Certified Residential Appraiser
State
Arizona
AMC's need to be held responsible for this. Their low fees promote this type of behaviour.

Should be easy enough for them to track how much work goes to one person/company and who is actually doing the work. Me thinks they know and don't care, everything is working as intended.

The only way they can keep the fees low is to have fewer companies doing all the work and letting unsupervised trainees perform that work.
 
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