- Jan 19, 2002
- Professional Status
- Certified Residential Appraiser
- North Carolina
Just received a message from an AMC asking on my availability to do these. For those of you who aren't familiar, it is basically a "comp search" with a signature and estimated value. Aren't these things a violation of USPAP. There is no physical inspection of the property...hmmmm... no thanks Mr. AMC; I'm not going to underwrite your clients' loans with my E&O. Have any appraisal boards or organizations taken a position on these things???