- Dec 9, 2003
- Professional Status
- Certified Residential Appraiser
Negligent or misleading? I don't see where an FRT or foreclosure use erases obligations wrt to either. ."The first company inspected the roof late spring and did core samples of decking and suspension rafters. The second did it in the dead of winter with 6 inches of snow and completed no core samples."
Apple vs Lemon comparison, placing more/most weight on the Winter report would be, IMO, intentionally negligent.
HC : An appraisal can be done assuming property condition on the 2nd inspection result of a lesser defect, ( the snow covered it! ) Okay....but report in order not to be misleading, would need disclosure of what first report found via core samples, and state the client chose not to use first report, and that client ordered a second report in winter when inspector could not take core samples, and appraiser used the second report at client request for analysis . It could have two values, one value using first report, the other value using the second report.