Subject Meets Mpr Or Mps Statement...

[residentialguy]

Oh Jesse....Peter's pickin on me

 

[Terrel L. Shields]

I personally take a picture & include it in my report, pictures don't lie.

By their very nature pictures embody a viewpoint that is 2 dimensional and controlled. They can and do lie.

if you don't like the condition, don't accept the requirement.

I would think the issue is that these "requirements" are generally post-report requirement that was not in the original SOW.

 

[Peter LeQuire]

I would think the issue is that these "requirements" are generally post-report requirement that was not in the original SOW.

That's a point I make over and over - at the risk of repeating myself. The insult lathered on top of that injury is that those pile ons come with the implied - sometimes stated boldly - that to not comply is to not get paid.

The additional point has to do with lying down with dogs and getting up with fleas.

 

[Peter LeQuire]

Oh Jesse....Peter's pickin on me

To the extent that I tromped all over your sensitive little pea-picking heart, I sincerely - more or less - apologize.

 

[CANative]

I don't understand the confusion about this. The declarative statement that the property meets MPR or MPS is required by HUD and an appraiser should know this whether or not the lender or AMC puts it in the engagement letter. Asking for it later is a favor to the appraiser because it forces them to do what they should have done.

The purpose of appraiser taken comp photos in an FHA assignment are to confirm that the scope of work was properly completed.