Underwriter Nit Picky Conditions

[SmilingDog]

Here's the scenario:

I have a client that loves using my services. My fees are reasonable, my turnaround is fast, and my work is accurate and honest.

Lately, I've received Underwriting conditions on my appraisals - on every single appraisal there's 2-3 U/W conditions. These are ridiculous...

a) u/w wants a detailed explanation as to why comp #1 is superior in condition,

B) explain why there's a bath adjustment on comp #3,

c) explain why appraiser used sales over 3 months old

and on and on...

Well I found out through a few sources that the real reason the u/w has been picky on MY appraisals is that the u/w wants to use their own favorite appraiser (who might be related)... hmmmm.

What can one do in this case?

 

[Michael Tipton]

If this isn't an isolated situation, but ongoing, I would suggest that the client contact the underwriter's supervisor for another opinion regarding the underwriter's conditions.

 

[CANative]

Anticipate the fussy demands of the UW for this client and address them in the appraisal report before sending it.