Coffin Lid Closed on Defunct AMC
AMC is indeed closed!
Over the last number of days, I have sent messages about a Washington State Appraisal Management Company which was about to fail. This AMC is owing many appraisers thousands of dollars in unpaid appraisal fees. I performed an ‘autopsy’ on that AMC while it was still kicking and screaming.
I now have confirmation from two separate appraisers, on two separate days, that the AMC office is now closed, with most furnishings removed. The AMC owner has not informed any appraisers about this action, or anything else related to the business closing.
Because those of us involved with this situation believe that the AMC is indeed closed, and apparently out of business, the name will now be revealed:
The William Craig Company, Inc., also known under their AMC name of WCCI.
The primary issue now is finding any appraisers who are owed unpaid appraisal report fees, or those who have had NSF checks for appraisal fees mailed to them by the AMC owner or staff.
A primary appraiser caught up in this mess is willing to help affected appraisers understand the process necessary to ‘attempt’ to be paid what is owned you. The appraiser has already begun the process. The appraiser will not do the legwork for you, but will provide you a list of steps you can take, plus contacts, to get what is owed to you, with no guarantees that will happen.
If you want to connect with that appraiser, send me a note and describe what your WCCI situation is, and I’ll forward your info on to that appraiser. Be sure to provide your name, phone # and email address in your message.