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appraisal review: A Tale of Two Appraisals - 12/11/07 11:01 PM
Once upon a time there were two borrowers whose loans were set to close within a week of each other. 
Borrower number one was fortunate that his Loan Officer worked with a wonderful appraiser named Mark.  Now Mark was the ideal appraiser - conservative, but not too conservative.  He used only solid comps and always made reasonable adjustments.  When the Loan Officer submitted a loan with Mark's appraisal, she never had to worry about value.  Appraisal Review?  Bring it on.
Borrower number two, on the other hand, went to our LO mid-way through his transaction with an appraisal he had already paid for by a wicked appraiser we'll call Ron.  … (10 comments)

 

Lisa Epstein

Ukiah, CA

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Jay Epstein State Farm Insurance

Address: 488 North State Street, Ukiah, CA, 95482

Office Phone: (707) 468-0179

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