Fed up??? Think you have heard every stupid request in the book? Here’s one for you,,, last week 03/2014 a rep of the lender complaint department sent me an email request based on the home owner ( who bought the property four years ago when I appraised the house 2010 ), wanted to know if she needed to give the home owner my contact information so the homeowner could remedy the issue they had with the statement I made on the report of “peeling paint on exterior of the home” even though the home owner told the complaint department that there was no peeling paint on that side of the house and the complaint department said there was no photo of the said “peeling paint” in the report. I emailed the complaint dept back that if the were in the lending business at all that I had no proceedure for dealing with a home owner as I am not permitted to speak with them and that if I said there was peeling paint there was peeling paint, that sometimes the issues are so numerous that it is not possible to include all the photos in the report, and finally that it was totally up to the lender what they wanted to do concerning the peeling paint issue as it is my job to report to the lender what is there. whew!!! I went further on to tell the rep that if this issue was so all fired important to warrant a remedy now why didn’t they take care of this 4 years ago? That if they wanted to further engage my services order a new appraisal at the cost of 425. or order a reconsideration of the prior 4 year old appraisal at the cost of 650. or let me alone. I should write a book on stupid people or maybe just on stupid AMC’s & Lenders.

No, Chase doesnt OWN the AMC’s, Chase controls the AMCs. Trust me, I know, I’ve worked for 2 of those AMC’s and now work for Chase, spending every day fighting Underwriting, Sales, everyone, for almost every appraisal correction, addendum, or addition they want in the report completed for their sloppy loan. All I do is argue over what’s being asked from the appraiser and more importantly, who is really responsible for providing that crap instead of the appraiser. This top 3 lender shows more and more every day that they will continue to make everyone else (mostly the appraiser’s since those are the people supplying the most viable part of their loan’s survival) take the liability for the loan with Chase’s damn name on it because to most of them, the ends will always justify the means, no matter who gets stepped on along the way. Appraisers that have told Chase to SHOVE IT once that threat of being added to the ineligible list, I will always applaud them for that. Those that remain because they have a business to keep, families to take care of, and life in general to support, I’ll continue to risk my job every time crap blows up while I refuse to send something to an appraiser to “comment on” or “provide additionally” because it’s absolutely RIDICULOUS 99% of the time. The AMC’s cave too often because there’s a profit margin to maintain. Most employees within an AMC hate the lender; calling an appraiser to ask for something you completely disagree with is the worst way to spend your day, and they live it all day, as do I. “Choose your fights”? Exactly how much longer does this have to go one before enough is enough???? I keep working and fighting there hoping that at some point, some things will start to change with this appraisal process….. Maybe that’s a useless hope, but people have to try.

Chase Bank owns one of the largest AMCs. Banks have been intimidating appraisers since the beginning of time. Weak appraisers caved in; strong appraisers quickly told the intimidator where they could go. Unfortunately with AMCs ordering over 90% of all lender based appraisals today there are few other clients to turn to.

Learn how to choose your fights.
You certainly chose the right enemy to attack but you’re using the wrong argument.

Did you read the complaint?? Obviously not! Chase is a Bank not an AMC!!! This kind of intimidation has been going on forever and needs to stop! You are obviously the one living in a cave!

Whomever created this one must live in a cave or be a part time appraiser.