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General Inspection Discussion This is a place for general discussion about the home inspection industry. Try to keep the posts topical, but they need not be as specific as the other areas of this board.

 
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  #1  
Old 12/14/10, 10:08 PM
Gary Farnsworth Gary Farnsworth is offline
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Default New Appraisal Problems
http://www.msnbc.msn.com/id/40661715...s-us_business/


All inspectors should read this article. Appraisal rules changing. Now lenders want pictures and documentation before lenders approve loans. We should be the ones to step in.


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Old 12/16/10, 2:11 AM
Dan Bowers, CMI Dan Bowers, CMI is offline
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Default Re: New Appraisal Problems
Appraisers are EXEMPT from the Kansas Hi law as they are in MOST states that license HI's. Under these new guidelines, the appraisers seem to be doing more picture taking and defect ID's than before / Combine that with more foreclosures (no utilities on) and 1 more reason to NOT call a HI.
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