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WELL. CAN YOU MAKE IT $ X?

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Verne Hebert

Senior Member
Joined
Feb 25, 2002
Professional Status
Certified General Appraiser
State
Montana
I have just completed one of my first mortgage assignments in a few months.

It is not a regular client. Got a call from mortgage slime in So Cal.; and he couldn't get the service he was looking for so I told him I would handle it for an express fee.

It is due today and I am wrapping it up. He calls and I give the value. He says, " Well. Can you make it $ X? I said, "How do you do that? He said, "Oh underwriting doesn't really look at these".

He Blue1. I don't miss these.
 

Pine Tree

Junior Member
Joined
Aug 19, 2002
Professional Status
Certified Residential Appraiser
State
Maine
Good Greif.. No wonder he was looking for another appraiser! :silly: Tell him it's an opinion of value not a negotiation! And he just verified what we always have know about U/W's ! These guys used to be amusing ..... Now? :2gunfire: Peace! W
 

Blue1

Elite Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
California
Verne,

Chill out.......Hope you got paid at the door! :roll: Anyway, this is what we call a culling process.....Look at it this way....You'll probably not be bothered by them again....and if you are....NOW they know where you stand! :lol: :lol:
 

Mike Simpson

Senior Member
Joined
Jan 30, 2002
Verne-

I got a call about 6 months ago from a guy from So.Cal. Didn't know him from Adam, and he starts off the conversation with, "I got a rush job I need done right away (redundant). If you can do this for me I'll give you all my work."

Being the curious sort I ask, "Do you do much work up here?" "A ton," he says. "Well what happened to your last appraiser," I asked. Gettin irratated he says, "He dropped the ball on me, do you want the job or not."

"Nope, I've got more work than I can handle right now and we're not accepting anymore clients at this time, but thanks anyway." The silence on the other end was deafening!

Just from the tone in his voice I surmised, the last appraiser had probably failed to 'hit' his predetermined value, he was holding out a carrot with the promise of "tons" of future work, and he was definately somebody I wouldn't be compatible working for.

I don't have a problem with turning this stuff away anymore. I've gotten to the point in may career where I can smell a rat over the telephone.

-Mike
 
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