Comments on: Appraisers Being Sued for COVID-19 Errors? https://appraisersblogs.com/are-appraisers-being-sued-4-errors-relating-2-covid-19-pandemic Appraisal News and Tips for Real Estate Appraisers Thu, 13 Jun 2024 04:36:21 +0000 hourly 1 https://wordpress.org/?v=7.0 By: don https://appraisersblogs.com/are-appraisers-being-sued-4-errors-relating-2-covid-19-pandemic/#comment-32406 Wed, 15 Sep 2021 19:36:22 +0000 http://appraisersblogs.com/?p=24588#comment-32406 In reply to Baggins.

I usually quoted two prices for apartments, “du-to 4 plexes” one price includes inspecting each and every room and the other by interviewing the manager. The extended time and effort is a matter that the client can accept or not.

]]> By: Baggins https://appraisersblogs.com/are-appraisers-being-sued-4-errors-relating-2-covid-19-pandemic/#comment-30867 Mon, 02 Nov 2020 18:07:34 +0000 http://appraisersblogs.com/?p=24588#comment-30867 One time I provided reo inspection in a basement which was actively flooding. Nobody had winterized the unit and with a recent freeze, the water was a foot high. I waded around, noticing the electricity was still on, realizing that I should be more careful and am lucky I did not get electrified right there. When it comes to reo, the asset holders should always prioritize both a full inspection appraisal, and a legitimate home inspector. The two are not interchangeable. How does one extend millions on a commercial building purchase without getting a current building inspection? If I was a commercial appraiser I’d be checking subject to verification of utility by a qualified inspector, every single time.

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