Ray Miller
Elite Member
- Joined
- Feb 20, 2002
- Professional Status
- Licensed Appraiser
- State
- Wisconsin
Spent an interesting day on the phone.
First with the Dept of Regulation and Licensing, Appraisers division for the State of Wisconsin. They listen to me about the lender that was asking me to reach value, sending me orders and telling to call if I got out there and I thought the subject would not bring value. Having been sent 14 orders and been paid for four of them.
About the call last Thurs that threatens to turn me in because I would not refund a clients money, because I could not reach value he needed. There for I took his money with out giving him “a product that was of any value”. That I was committing fraud by doing this and should have my license pulled. Any way they listen to my problems. Then they said there was nothing they could about the lender or the borrower. They only covered what the appraiser was doing.
So they referred me to the State agency that handles Bankers and Lenders. They listen to my story. Told them I had the tape of the call. End results was sorry, we can’t do anything about it. They can say you faked the tape and are lying about what you are saying. I told them I even had all the orders where they wanted me to get value. Where when I did not make value, they had used other appraiser, who jump out 2 to 3 miles to find comps. When my seven were in the same area as the subject. Still said there was nothing they could do.
I set in CE Class all day on Thur and Fri. Listen to all the updates for USPAP. Heard other appraisers complain about lenders and appraiser not following USPAP. Whats right and whats is not right. How you “should be doing it” correctly.
But if the State or the Feds don’t have any teeth in there bark or a large number of other appraisers are not going to bite the lenders in the butt and make them tow the line. How can a person compete with them?
When I first started following this board, I read some where: that no one respects the appraiser; s/he just fills out forms and signs them.
Is it not time for the appraisers to tell the lenders to get there act together and follow the guide lines. For every company I work for that wants to and tries to follow the rules, there are 10 that call me that don’t.
I would think that we as appraisers should be the ones to clean our own house up. If we don’t I would think that some day someone will just burry us as not useful.
First with the Dept of Regulation and Licensing, Appraisers division for the State of Wisconsin. They listen to me about the lender that was asking me to reach value, sending me orders and telling to call if I got out there and I thought the subject would not bring value. Having been sent 14 orders and been paid for four of them.
About the call last Thurs that threatens to turn me in because I would not refund a clients money, because I could not reach value he needed. There for I took his money with out giving him “a product that was of any value”. That I was committing fraud by doing this and should have my license pulled. Any way they listen to my problems. Then they said there was nothing they could about the lender or the borrower. They only covered what the appraiser was doing.
So they referred me to the State agency that handles Bankers and Lenders. They listen to my story. Told them I had the tape of the call. End results was sorry, we can’t do anything about it. They can say you faked the tape and are lying about what you are saying. I told them I even had all the orders where they wanted me to get value. Where when I did not make value, they had used other appraiser, who jump out 2 to 3 miles to find comps. When my seven were in the same area as the subject. Still said there was nothing they could do.
I set in CE Class all day on Thur and Fri. Listen to all the updates for USPAP. Heard other appraisers complain about lenders and appraiser not following USPAP. Whats right and whats is not right. How you “should be doing it” correctly.
But if the State or the Feds don’t have any teeth in there bark or a large number of other appraisers are not going to bite the lenders in the butt and make them tow the line. How can a person compete with them?
When I first started following this board, I read some where: that no one respects the appraiser; s/he just fills out forms and signs them.
Is it not time for the appraisers to tell the lenders to get there act together and follow the guide lines. For every company I work for that wants to and tries to follow the rules, there are 10 that call me that don’t.
I would think that we as appraisers should be the ones to clean our own house up. If we don’t I would think that some day someone will just burry us as not useful.
