Turn times.

[Appraisal Santa Fe]

24 hour turnaround if its a simple straight ahead job in an area with good comps which is not the norm. I usually do 3 days from inspection.
Million or multi million dollar properties are usually more complex and require a bit more time.
If your clients know you do a good job, they are usually willing to wait a couple extra days to get a good report, possibly because they've had plenty of junky ones done in a hurry..

RC

 

[jay trotta]

Rush Hour was instigated back in 1990, when Lenders thought they could produce a Closing in 10 business days. Here we are some years later and they still can't get out from under a 30-60 day tme frame; they need to meet specific Fed.standars, and it just can't be done in less time.

Because they cannot get what they want, they have been and will be driving anyone affiliated with the Loan Process crazy. And yes that is the simple answer - they're loosing money because of the political game being played and they don't like it, they are and have been seeking TOTAL control forever, but just can't accept the fact they are Not God and need to be controlled, just like every other business.

PS - they have already proven nobody cares about appraisal work, they pick off 10-20% of the pack, hit with some charges and move forward, with a minimal effort to look like they care.......NOT. Why bother, all they end up doing is increasing Taxes to cover the loss, we (the american public) will always be there to "pay their way for their mistakes and blatent disregard" for regs., rules, and respect.