USPAP Minimum requirement to Inspect

[Lauren]

Saga Continues

Thanks to all of you who replied...

I told the lender that I would have to re-inspect the property. Now the homeowner is balking. So, I told the lender to re-order as a 2055 and here is there response.

LENDER
"Let’s call your state together or any USPAP instructor to get this straight we don’t want a 2055 Our insurance company is requiring the appraisal update form. There is no reason for you to inspect the property. Hopefully you have some appraiser friends that you can contact that will help set you straight as well. You are one in a million on this issue."

Any other advice?

 

[Lauren]

UPDATE: USPAP Minimum to Re-inspect

Thanks to all of you who replied...

I told the lender that I would have to re-inspect the property. Now the homeowner is balking. So, I told the lender to re-order as a 2055 and here is there response.

LENDER
"Let’s call your state together or any USPAP instructor to get this straight we don’t want a 2055 Our insurance company is requiring the appraisal update form. There is no reason for you to inspect the property. Hopefully you have some appraiser friends that you can contact that will help set you straight as well. You are one in a million on this issue."

Any other advice?

 

[23Degrees]

Why 2055 and not 1004D as the client asked for (that is what they are asking for? - that is somewhere in this thread, right)?

Both forms stink but at least with the 1004D there are not any mechanistic complications towards applying an EA towards the interior condition of the home as of the new effective date.

Why insist on the most despicable form of all the 2055?