utilties - Appraisers Blogs https://appraisersblogs.com/tag/utilties/ Appraisal News and Tips for Real Estate Appraisers Sun, 28 Jul 2024 05:09:15 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://i0.wp.com/appraisersblogs.com/wp-content/uploads/2015/04/ABfavicon.png?fit=32%2C32&ssl=1 utilties - Appraisers Blogs https://appraisersblogs.com/tag/utilties/ 32 32 52046035 Rules of Engagement https://appraisersblogs.com/appraisal/rules-of-engagement/ https://appraisersblogs.com/appraisal/rules-of-engagement/#comments Fri, 30 May 2014 12:30:18 +0000 https://appraisersblogs.com/?p=6242 Recently a particular engagement letter format has been circulating amongst residential appraisers from several nationally chartered banks. Aside from the usual intended use and exposure time boilerplate requirements there are several new problematic inclusions. Personal Property All personal property transferring in a purchase transaction must be described in the appraisal whether or not it was listed in the sales contract. Any client is free to ask for a shopping list of tchotchkes, but if an appraiser is appraising an abandoned residence with piles of junk laying everywhere…they couldn’t afford my time to sift through it all like in an episode...

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