Comments on: Aren’t Appraisers the Gatekeepers of our Collective National Equity?

By: Lori Noble via Facebook

Lori Noble via Facebook — Fri, 25 Nov 2011 17:53:19 +0000

This story grew hair fast. Now, Landsafe closes and all BofA appraisals performed by BofA staff. They just ignore USPAP, RESPA, etc.

By: Lori Noble via Facebook

Lori Noble via Facebook — Fri, 25 Nov 2011 17:38:36 +0000

Wow. I dig it!

By: Retired Appraiser

Retired Appraiser — Thu, 28 Apr 2011 21:18:09 +0000

The only solution is for homeowners to support appraisers in the National Appraisers Boycott Of AMCs.

Banks have hijacked the appraisal profession. They’ve doubled the cost of appraisals that homeowners are paying, reduced the fee going to the appraiser by 50%, and reduced the accuracy of appraisals by at least 50%.

It is in the public’s best interest to stand behind appraisers as they attempt to shut down the mortgage market until banks relinquish control of the appraisal profession.

By: AngryAppraiser

AngryAppraiser — Tue, 26 Apr 2011 23:31:06 +0000

Just read the 21 page long Landsafe agreement. Thanks for posting it. Who in their right mind would sign this? You need to pay close attention and understand what you are getting yourself into, if you are thinking of signing this agreement.

Section 6.6, you are giving the right to Landsafe to audit your accounting records. Why would you give another business the right to audit your accounting records? Why would anyone give Landsafe the right to know your earnings, your expenses and sources of your income?

Indemnifications of Landsafe against any liability is in section 14.1 and section 23.1 says Landsafe own exclusively all work product and appraisers signing this agreement give Landsafe all right, title and interest (including all Intellectual Property Rights) in the work product.

Appraisers signing this crap are either pretty desperate or not very bright to put it mildly!