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	Comments on: You Need This In Your Reports	</title>
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		<title>
		By: John Pratt		</title>
		<link>https://appraisersblogs.com/appraisal/you-need-this-in-your-reports/#comment-15256</link>

		<dc:creator><![CDATA[John Pratt]]></dc:creator>
		<pubDate>Mon, 17 Oct 2016 18:18:17 +0000</pubDate>
		<guid isPermaLink="false">https://appraisersblogs.com/?p=6114#comment-15256</guid>

					<description><![CDATA[I have over 20 years Banking experience and this statement is a good idea to include in your appraisal report and no one can make you remove it. It would be a violation of AIR if the AMC or Lender attempted to make you remove the statement.

I also include the following statement in all of my reports and I have never had even one of them ask me to remove it.

APPRAISERS LIMITED LIABILITY:

The appraiser’s liability for errors, omissions or other deficiencies in this appraisal report is limited to the &quot;Intended Users&quot; as stated in this report. The intended user, users, are responsible for reviewing the appraisal report in a timely manner for errors, omissions and or other deficiencies which may be in the report and must report in writing to the appraiser within 30 days of the date of signature on the appraisal report any errors, omissions or deficiencies that exist in the appraisal report. This does not change, alter or amend the effect, terms or conditions on any insurance policy which the appraiser may have in force at any time during his/her business of providing professional services as an appraiser.]]></description>
			<content:encoded><![CDATA[<p>I have over 20 years Banking experience and this statement is a good idea to include in your appraisal report and no one can make you remove it. It would be a violation of AIR if the AMC or Lender attempted to make you remove the statement.</p>
<p>I also include the following statement in all of my reports and I have never had even one of them ask me to remove it.</p>
<p>APPRAISERS LIMITED LIABILITY:</p>
<p>The appraiser’s liability for errors, omissions or other deficiencies in this appraisal report is limited to the &#8220;Intended Users&#8221; as stated in this report. The intended user, users, are responsible for reviewing the appraisal report in a timely manner for errors, omissions and or other deficiencies which may be in the report and must report in writing to the appraiser within 30 days of the date of signature on the appraisal report any errors, omissions or deficiencies that exist in the appraisal report. This does not change, alter or amend the effect, terms or conditions on any insurance policy which the appraiser may have in force at any time during his/her business of providing professional services as an appraiser.</p>
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		<title>
		By: old don		</title>
		<link>https://appraisersblogs.com/appraisal/you-need-this-in-your-reports/#comment-15254</link>

		<dc:creator><![CDATA[old don]]></dc:creator>
		<pubDate>Mon, 17 Oct 2016 17:35:45 +0000</pubDate>
		<guid isPermaLink="false">https://appraisersblogs.com/?p=6114#comment-15254</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://appraisersblogs.com/appraisal/you-need-this-in-your-reports/#comment-11003&quot;&gt;Mike Ford&lt;/a&gt;.

I go further, I introduce all my reports with a transmittal letter and an addenda &quot;B&quot; written by ME, not the forms arthor. The Transmittal letter states MY Client, and other things historically demanded by USPSP. The addenda &quot;B&quot; cites definitions, typically misinterpreted by readers]]></description>
			<content:encoded><![CDATA[<p>In reply to <a target="_blank" href="https://appraisersblogs.com/appraisal/you-need-this-in-your-reports/#comment-11003">Mike Ford</a>.</p>
<p>I go further, I introduce all my reports with a transmittal letter and an addenda &#8220;B&#8221; written by ME, not the forms arthor. The Transmittal letter states MY Client, and other things historically demanded by USPSP. The addenda &#8220;B&#8221; cites definitions, typically misinterpreted by readers</p>
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		<title>
		By: Tish Leahy		</title>
		<link>https://appraisersblogs.com/appraisal/you-need-this-in-your-reports/#comment-11014</link>

		<dc:creator><![CDATA[Tish Leahy]]></dc:creator>
		<pubDate>Fri, 09 May 2014 16:31:32 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://appraisersblogs.com/appraisal/you-need-this-in-your-reports/#comment-11004&quot;&gt;AppraiserMorons&lt;/a&gt;.

I agree with Mike. I have inserted addendum&#039;s with similar comments and have never been asked to remove them. Comments such as these are both appropriate and necessary.  I&#039;m fortunate to only work with banks, not AMC&#039;S, but I don&#039;t see how they could force you to remove it.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a target="_blank" href="https://appraisersblogs.com/appraisal/you-need-this-in-your-reports/#comment-11004">AppraiserMorons</a>.</p>
<p>I agree with Mike. I have inserted addendum&#8217;s with similar comments and have never been asked to remove them. Comments such as these are both appropriate and necessary.  I&#8217;m fortunate to only work with banks, not AMC&#8217;S, but I don&#8217;t see how they could force you to remove it.</p>
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		<title>
		By: AppraiserMorons		</title>
		<link>https://appraisersblogs.com/appraisal/you-need-this-in-your-reports/#comment-11004</link>

		<dc:creator><![CDATA[AppraiserMorons]]></dc:creator>
		<pubDate>Mon, 05 May 2014 22:18:38 +0000</pubDate>
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					<description><![CDATA[Go ahead and try it. You may never get another order.]]></description>
			<content:encoded><![CDATA[<p>Go ahead and try it. You may never get another order.</p>
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		<title>
		By: Mike Ford		</title>
		<link>https://appraisersblogs.com/appraisal/you-need-this-in-your-reports/#comment-11003</link>

		<dc:creator><![CDATA[Mike Ford]]></dc:creator>
		<pubDate>Mon, 05 May 2014 21:09:43 +0000</pubDate>
		<guid isPermaLink="false">https://appraisersblogs.com/?p=6114#comment-11003</guid>

					<description><![CDATA[Comment by AM is inappropriate and demonstrates ignorance of the process. I&#039;ve never had a lender tell me to remove protective comments like this. You cannot put them in the FNMA cert and limiting conditions which may not be modified, but you CAN put them in as separate supplemental limiting conditions.

Randy, I&#039;d go a step further and also insert verbiage that the appraisal is intended to be read in its entirety. Appraiser cannot be responsible for any investor loan purchases made on the basis of abbreviated xml data transmitted by loan originators or underwriters or their agents. Tampering with, abbreviating, rewording, rephrasing, redacting and or retransmitting partial appraisal data or portions of the appraisal report voids and nullifies the entire appraisal report. The appraisal is a  professional work product, signed by a licensed or State Certified professional, and prepared in accordance with very specific reporting requirements. Modifying the report in any way or delivering or communicating its results in less than its complete form voids it; and releases the appraiser from any and all liability that may or could arise from subsequent decisions made in connection with the loan security or the loan itself.]]></description>
			<content:encoded><![CDATA[<p>Comment by AM is inappropriate and demonstrates ignorance of the process. I&#8217;ve never had a lender tell me to remove protective comments like this. You cannot put them in the FNMA cert and limiting conditions which may not be modified, but you CAN put them in as separate supplemental limiting conditions.</p>
<p>Randy, I&#8217;d go a step further and also insert verbiage that the appraisal is intended to be read in its entirety. Appraiser cannot be responsible for any investor loan purchases made on the basis of abbreviated xml data transmitted by loan originators or underwriters or their agents. Tampering with, abbreviating, rewording, rephrasing, redacting and or retransmitting partial appraisal data or portions of the appraisal report voids and nullifies the entire appraisal report. The appraisal is a  professional work product, signed by a licensed or State Certified professional, and prepared in accordance with very specific reporting requirements. Modifying the report in any way or delivering or communicating its results in less than its complete form voids it; and releases the appraiser from any and all liability that may or could arise from subsequent decisions made in connection with the loan security or the loan itself.</p>
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		<title>
		By: AppraiserMorons		</title>
		<link>https://appraisersblogs.com/appraisal/you-need-this-in-your-reports/#comment-11001</link>

		<dc:creator><![CDATA[AppraiserMorons]]></dc:creator>
		<pubDate>Mon, 05 May 2014 16:16:41 +0000</pubDate>
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					<description><![CDATA[Good luck getting this in your reports passed the lenders. What a joke. They will make you remove it. Period.]]></description>
			<content:encoded><![CDATA[<p>Good luck getting this in your reports passed the lenders. What a joke. They will make you remove it. Period.</p>
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