What caused the delay, Scott Godzyk?  Appreciate the thumbs up ... but would like to learn about your experience, if you don't mind.  Might help moving forward in one of  my own transactions  ...  thanks!

Gene

True ... and that's understandable.  But it can be a nice money saver ... and time saver as well.  If the guidelines and requirements are there ...

Gene

It's definitely a nice "perk" if it can be done, Abby Stiller ... glad it worked out for you and your clients ...

Gene

We'll probably all be going through some firsts as quickly as things are changing in our industry, Jeff Dowler, CRS ... we need to stay on our toes! 

Gene

It certainly can, Debra Leisek ... I hope you experience a waiver soon!

Gene

Glad to hear that your market is utilizing this waiver, Dorie Dillard CRS GRI ABR ... and that it's been successful for you.

Gene

Thanks so much, Kat Palmiotti ... appreciate it!

Gene

I so appreciate your comment, Nina Hollander ... as that is my main focus ... to help to facilitate transactions and positive actions through the sharing of information ... thank you

Gene

Glad it all worked out in the end, Brian England ... and happy to hear your markets are seeing this current waiver utilized ...

Gene

So very glad that you were able to benefit from this waiver, Mike McCann - Nebraska Farm Land Broker ... and shared your personal experience.  And as far as the "no two loans" thing ... that is getting more and more true as time goes on.  Mortgages are an increasingly specific and personal thing.

Congrats on the great new loan!  Well done!

Gene

You showcase just why it's so important to work with an experienced lender ... and also why each loan must be considered on its own merit, Rob Spinosa ... thank you.  Each transaction must be considered on its own regarding waivers ... both pro and con.  Having a lender, such as yourself, to guide a borrower thru that is very important ...

Gene

Thank you for sharing that info, Sam Shueh ... once again, it proves that real estate and the transacting of it can be very "local".

Gene

BTW-I re-blogged and shared on Twitter and my FB page.  Thank you for providing such an informative post.

Appreciate you sharing your personal experience with this subject, Raymond Henson, SRES, GRI ... and you're so right about asking questions.  I wish more people had that attitude! I greatly appreciate your sharing this post elsewhere too.  Thank you so much.  Hope it proves useful to your clients and readers.

Gene

Appreciate that bookmark too, Doug Dawes ... thank you!

Gene

Ha!  Thank you Michael Jacobs ...

Gene

Look at it this way, Barbara Todaro ... in the small chance you do, you're aware and prepared.  But your comment showcases that not all markets see and experience the same things ... a good reminder to all of us ...

Gene

You can almost hear the sigh of relief, George Souto ...

Gene

Thanks so much, Kimo Jarrett ... appreciate your kind comment ..

Gene

I'm not sure what the "snag" in this process was Aqila Bond ... as the Appraiser must still provide comparables and support for their conclusion.  Short sales are a "different animal", I understand ... but  ...

I think you have a blog in the making on this topic, 

Gene

And thank you for commenting, Cathy Starkweather 

Gene

Appreciate it, Wayne L. Brown ... thanks

Gene

It definitely can be a real savings, Michael J. Perry ... and it's typically greatly appreciated ...

Gene

Thanks for the thumbs up, Anthony Kirlew!

Gene

I can see the pro and con of your friend's issue, John Juarez ... given the value of the property and the cash-out amount, the lenders are being cautious.  Given the timing of the application for loan, I understand your friends' reluctance to allow an appraiser into the property.  It's a standoff at this time. 

My guess is that the lenders are "selling" the loan down the road and that is what's determining the ability to utilize an appraisal waiver.  I've had similar issues arise, but have been able to work out a compromise between homeowner and appraiser.  If your friend remains adamant and will not compromise regarding the entrance of an appraiser into their home ... unfortunately, the standoff stays in play. 

Hopefully, there is a loan officer still seeking another solution?

Gene