Additionally, I would give very serious consideration about seeking other clients instead of these mentioned in his articles. At a minimum we know that some of them will make bad loans and then when the inevitable happens, their first thought is to go after the appraiser’s E&O.

It just isn’t worth dealing with people like this. Frankly, I wouldn’t care “if they knew who they were getting in bed with or not…” If THAT is how careless they are about serious legal issues I simply wouldn’t want to deal with them at all.

Yet one more reason to join the American Guild of Appraisers (AGA) and KNOW that you have at least ONE party on your side if this ever happens to you!