What would you do?

[Oh No Not Him]

Heres my scenario...i did a VA appr 3 months ago for some out of state mtg broker..at the time he says "collect the appr fee from the veteran because we dont collect appr fees or guarantee them"..of course we all know that VA does not allow me to do this (though I admit I asked the owner/veteran and they said they werent told they had to pay me at the insp)..

.so, you know where this is going dont you? I had 1 repair item on it, he called me shortly after the appr was done saying to "update" the appr, I told him if you want me to certify the repair item, send me a written request for an insp..never got anything.

So, as a Christmas present, this guy is now calling again asking when hes going to get the "updated" appraisal, of course this is after Ive sent 3 invoices and left messages that I have an oustanding invoice.

Basically, since he is ignoring my requests for payment now after over 90 days, I am telling him that I dont do any more work on the file until I get the overdue appr fee PLUS the VA insp fee upfront. I know asking for the insp fee upfront is not VA protocol but its so obvious that this slimer is going to stiff me..

So, what would any of you do? Am I being unreasonable for asking to be paid for my back invoice & for asking to be paid upfront before any add'l inspections? I mean given the mtg brokers track record of non-payment?

 

[leelansford]

...
So, what would any of you do?...

I would send a series of written notices that the fee is past due. I would further advise the MB that the VA has placed approved lenders on a "pay-as-you-go" arrangement for non-payment to the appraiser.

I would contact my local (for me, St. Paul) VA center and enquire as to who I can communicate at the VA regarding an unpaid invoice from one of their approved lenders.

 

[EDWARD BERRY]

Our VA Office (now In Houston) Has Always Helped Us Collect.

They Can Do This By Locking Out The Requesting Lender From Getting A Case #.
(after Proper Docs)

So If They Want To Do Business In The Future They Pay.

If They Are Going Out Of Business, Most Likely You Will Not Get Paid.

VA Has Always Been Very Nice To Appraisers.

Arkie Ed

 

[Oh No Not Him]

Lee...yeah, but would go out and do a repair inspection with an invoice over 90 days on the appraisal?

Usually after this time, I ask VA for assistance in collecting, ive found that takes another 30-60 days...great, huh.

 

[leelansford]

Lee...yeah, but would go out and do a repair inspection with an invoice over 90 days on the appraisal?

Usually after this time, I ask VA for assistance in collecting, ive found that takes another 30-60 days...great, huh.

I'd have a "heart-to-heart" conversation with the MB.

 

[Don Clark]

First, I would call my regional office about this.

Second, VA appraisals are not "updated".

Third, I would require a written request before I would do any inspection.

Fourth, quote the MB the language on the 26-1805-1 under CERTIFICATIONS FOR SUBMISSION TO VA

" .....we agree to forward to the appraiser the approved fee which we are holding for this purpose."

Automatically send copies of your e-mails to your regional office about this matter.