Criminal Charges

VaCAP Board

VaCAP Board

Coalition of Appraisers in Virginia at Virginia Coalition of Appraiser Professionals
Coalition of individual appraisers working together to unite, promote and protect the collective interests of all appraisal professionals in Virginia; to promote needed changes in laws, rules, regulations, policies and standards affecting all appraisers in Virginia; to observe and report the actions of regulatory, legislative, oversight, and standards-setting entities of the Commonwealth.
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Criminal Charges Brought Against AMC Owner Brian Coester - Appraisers Blogs

Criminal Charges Brought Against AMC Owner

VaCAP has been informed that AMC owner Brian Coester, of Coester Valuation Management Services (VMS), has new criminal charges filed against him. We have confirmed these charges through the court system public access system: Maryland Judiciary Case Search Criteria

Below is a list of 19 court cases found under the name Brian Coester:
Brian Coester criminal charges

Is Another Financial Scare on the Horizon?

George Will, Washington Post Writers Group, has an interesting column in entitled “America is overdue for another Lehman-Like Episode”.

In this article he stated that the stock market has enjoyed its longest-ever bull run. The article also states that September 15 will be the 10th Anniversary of Lehman’s collapse.

Our annual deficit is projected to be $1.085 Trillion for fiscal 2019. All of this debt mounting in an economy that is great and getting greater!!

The real estate market is an important economic engine for the U. S.economy. We must ask ourselves, do good times die of old age or from a big event or from Bad Policies?

Those of us that have been in the real estate profession for 20+years (yeah we are old codgers) recognize Bad Policies when we see them.

How about builders and lenders that are NOW advertising $0 down and $0 closing costs? Yes they are out there right now. It sounds very familiar!

How about appraisal waivers? How about the hybrids? Is this a return to fast and loose lending?

The Appraisal Foundation Tells it like it is!

In the August 15th letter, The Appraisal Foundation wrote to the Appraisal Subcommittee concerning the North Dakota waiver request:

The longer “wait times” for appraisals claimed in the waiver correspondence may well be because many of these state credentialed appraisers do not want to work under the assignment conditions required and fees currently being offered them.”

See the entire letter here or below.
 

VaCAP Board

VaCAP Board

Coalition of individual appraisers working together to unite, promote and protect the collective interests of all appraisal professionals in Virginia; to promote needed changes in laws, rules, regulations, policies and standards affecting all appraisers in Virginia; to observe and report the actions of regulatory, legislative, oversight, and standards-setting entities of the Commonwealth.

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29 Responses

  1. Kathy Hubbard Bright on Facebook Kathy Hubbard Bright on Facebook says:

    The charge that makes my skin crawl is child abuse. Anyone that would stoop that low would do anything.

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    • Annoyed Appraiser says:

      That along with the domestic abuse, the fact that his divorce case shows he defaulted on child support long ago, lost custody of his kids, and has a restraining order against him by his wife and kids show what a disgusting excuse for a man.

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  2. Advocate says:

    Every person reading this needs to forward it to your state licensing board. This “model citizen” is a direct threat to public trust!

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  3. Diana N says:

    And it’s this same SOB and his company that can have appraisers blackballed because they don’t bend to pressure to revise values. Hope he lands in jail.

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  4. Helen Rae says:

    F_ _ k Coester. This a_ _hole should have been in jail years ago. What a scumbag

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  5. Tommy says:

    He’s a scum and should do time. What is the penalty for this? Will he do time?

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  6. Eric West says:

    What I don’t get is how in the name is his company still doing business? And why are appraisers still doing appraisals for his AMC? Anybody reading this still doing business with Coester?

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  7. Koma says:

    Why does the # of ND appraisers in the letter state Cert Res twice? And yes I do not like this Brian Coester. Hopefully his company will come to an end shortly.

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  8. Bill Johnson says:

    Housingwire decorates him as a “Rising Star” (https://www.housingwire.com/articles/37144-rising-stars), but yet that site blocked ME some months back even though I had 607 up-votes over the prior 2 years. At least they didn’t remove my old comments from that article (June 01/2016).

    Seek the truth.

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  9. Ron Schwartz Ron Schwartz says:

    A other reason to get rid of AMC’s that are killing our appraisal industry…

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  10. Jack Of All Trades says:

    Bad things can happen to bad people

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  11. Baggins Baggins says:

    CR is criminal charges being brought forward.

    Ham sandwich? More like a triple stack blt, but when is dinner being served?

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    • Katelyn says:

      What is the charge? Does anyone know?

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      • Baggins Baggins says:

        http://appraisersblogs.com/skapinetz-vs-brian-coester-vms-amc

        Keep up with the blogs Katelyn, worth it.

        This other amc one time locked me out, pretended there was no record of any orders, and dropped malware on my pc via an logo attachment in an email. Illusions of value added service. These are predatory companies by nature, they produce nothing and take everything.

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        • Katelyn says:

          I am confused I guess I see the civil action (I read the blogs a lot) but CR is criminal charges and the article says August filing date your link is from February. There is nothing out there that says what the criminal charges are as far as I can tell. I would be very interested to know actually.

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          • Annoyed Appraiser says:

            I’d assume civil case was filed first, while the criminal charges were being investigated. Obviously investigators, and prosecutors agreed with the evidence, and are moving forward with the criminal case.

            There was also a lawsuit last year, or the year before from a previous VP who claimed to have been blackballed, and claimed to have copies of evidence of significant fraud (http://appraisersblogs.com/cvms-fraud-coester–scheer). The case was settled, and part of the terms  of the settlements (which are public, and found online) was a gag order, and that they would wipe all the data from Scheer’s computer, including all the evidence he collected.

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          • Annoyed Appraiser says:

            He has been charged with the following-

            Charge and Disposition Information

            (Each Charge is listed separately. The disposition is listed below the Charge)

            Charge No: 001Description:INTERCEPTION OF COMMUNICATION

            Statute: CJ.10.402Description:INTERCEPTION OF COMMUNICATION

            Amended Date: CJIS Code:1 5595MO/PLL:Probable Cause:X

            Incident Date From:11/11/2016To:11/11/2016Victim Age:

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  12. Katelyn says:

    As it is, I really agree with you Baggins. I hope you reported what they did to the regulatory agency. I am sorry that happened to you. I personally see no real value to AMCs existing they evolved from trouble only to cause trouble.

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    • Baggins Baggins says:

      Thank you. I’m just a little fish in a big pond. I do not have the resources to stand against them.

      This Skapinetz case has been ongoing and we learn about it in hindsight.

      I have no relation or interest, other than this forum and the news presented.

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  13. Advocate says:

    Court Date is October 15th, 2018. If you are in the area, your should attend. It should be interesting to say the least!

    Maryland Judiciary Case Search Disclaimer

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  14. Ron Schwartz on Facebook Ron Schwartz on Facebook says:

    AMC’s are scams. spoke to one this morning told me my fees should be around $275 for a full appraisal. my father died 10 years ago retired 20 years ago as a senior certified appraiser and he was getting more than that 25 years ago. this industry has gone to shame it’s so disgusting what’s happening to our industry?

    Appraiser should be sharing with each other in ways to make a living on today’s world…

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    • Diana N. says:

      Ron, I have been getting the same BS from AMC’s and I also tell them I was charging that 25-30  years ago, when I didn’t have to pay for my certification, E & O Insurance, gas was under $1.50 a gallon, etc, etc, etc.  I’m a lady, so I won’t use the words that describe majority of the AMC’s.

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    • Baggins Baggins says:

      guaranteedrate.com/appraisers/
      People there approach it like amc persons, so I won’t work for them. The lenderx system is a something else, they like outsource the development and don’t really control it. Still beats amc’s though if for no other reason than a steady standard reliable fee without splits.

      Re assemble the link in your own web search.

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Criminal Charges

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