Comments on: Hybrid Assignments, the Consequences

By: Jason T

Jason T — Thu, 23 Jun 2022 02:49:11 +0000

Third party non licensed inspectors is one thing, but what about licensed appraisers ? Can a licensed appraiser only inspect and sign on the left while another appraiser does the entire report and signs on the right ? Can this be done on a 1004 or 1073 report ?

By: Mike Ford, AGA, GAA, RAA, SCGREA, Realtor®

Mike Ford, AGA, GAA, RAA, SCGREA, Realtor® — Mon, 11 Feb 2019 23:59:14 +0000

IDFPR is so on the mark with this!

As an aside the 1970’s and 1980’s ‘third party inspections ‘ (usually trainees) were (1) pre USPAP, (2) with the knowledge and consent of the lenders involved (3) Trainee/ novice associate signed on left; mentor signed on right and indicated whether or not they inspected. MY mentor inspected about 1 in 4 from the street and about 1 in 10 in and out. He took his ethical obligations seriously. Bad practices or sloppy work was nipped before it became bad habit.

By: Baggins

Baggins — Thu, 07 Feb 2019 20:11:56 +0000

In reply to JW.

I fell asleep just thinking about it. It’s easier to talk about real estate, update something, sacrifice a few lambs, call it a day. That’s what they all do. Nobody is going after amc’s.

By: Baggins

Baggins — Thu, 07 Feb 2019 19:59:39 +0000

In reply to Juliana Homstead.

But there is a brand new, like, sort of rule, something. Another vague prohibition which will focus on penalizing individuals not companies. Easy targets.

By: Baggins

Baggins — Thu, 07 Feb 2019 19:55:36 +0000

Brought to you by the state that will yank any and every license available if you don’t pay your state taxes, student loans, or child support on time… Look through their monthly enforcement roles, they’re on the front page.

By: JW

JW — Thu, 07 Feb 2019 17:39:19 +0000

Don’t forget to live stream the ASB Third Exposure Draft Live Stream tomorrow at 9:00 am MT

By: chris

chris — Thu, 07 Feb 2019 17:12:35 +0000

They will never learn….just wait for us to do our jobs ! Not enough appraisers to give 5 day turn time during peak sales seasons, hmmm…..I wonder why ??? LOL They get what they deserve !!

By: Juliana Homstead

Juliana Homstead — Thu, 07 Feb 2019 17:12:17 +0000

They are expecting the appraiser to assume all of the liability for an “undisclosed third party.” IMHO, they are dumping this BS on us because we will take it! Just say, NO!

By: Tom Markoski on Facebook

Tom Markoski on Facebook — Thu, 07 Feb 2019 16:56:28 +0000

Stop feeding the beast. It’s that easy. Repeating this since 2009.

By: Greg

Greg — Thu, 07 Feb 2019 16:34:46 +0000

I can see that AMC’s would eventually remove the local appraiser from doing hybrid write-ups in favor of a cheap appraisers based elsewhere who will complete the report. I can see the future. An appraiser working out of California could appraise a property in Michigan on Monday and in Tennessee on Tuesday. All they have to be is licensed in the states they supposedly work in and have an inspector’s report on the subject property.