- Joined
- Jan 14, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Colorado
In my not so humble opinion....once you have sent the report to the lender could should not (didn't say can't) try to revoke the appraisal report. Your complaint is with the borrower who issued a bad check. I would advise them they have 5 days to present you with certified funds to include a "bounced check charge" ($39.00 is permissable in my state) and if you don't have the funds you are filing criminal charges with the district attorney.
We are sitting on a report right now that should have been COD but my associate appraiser forgot to get the check. We have called a half dozen times, owner said check in the mail, etc. Told the lender that until we receive the check...no report. They agree!
We are sitting on a report right now that should have been COD but my associate appraiser forgot to get the check. We have called a half dozen times, owner said check in the mail, etc. Told the lender that until we receive the check...no report. They agree!