Isaac Peck's (isaacfp) Blog

By
Services for Real Estate Pros - Working RE / OREP
RECENT BLOG POSTS
Getting paid by appraisal management companies (AMCs) in a timely fashion has long been a challenge for appraisers, who, in many cases, have been forced to wait months for their money. While several state boards have adopted “prompt pay” provisions into their appraisal regulations, it is rare for...
09/10/2014
There is some very good news for appraisers regarding fulfillment of the promise of customary and reasonable fees, as envisioned by the framers of Dodd-Frank. For now, the good news extends only as far as the borders of the state of Louisiana but new legislation has the potential to change the ru...
01/28/2014
Any appraiser who has worked with Appraisal Management Companies (AMCs) is likely familiar with the “order by email-blast” system that some AMCs rely on to fill orders.   The process goes like this: an AMC sends an email blast to all appraisers within a given area, detailing a particular property...
12/04/2013
The appraiser community is still reeling from the decision of a Florida bankruptcy judge to absolve JPMorgan Chase of all liability in the case of Evaluation Solutions/ES Appraisal Services (ESA) bankruptcy case.  Over 10,000 real estate appraisers and agent/brokers were left unpaid by ESA, an A...
07/24/2013
An alarming precedent has just been set for real estate appraisers and agent/brokers in the bankruptcy case of Evaluation Solutions/ES Appraisal Services (ESA). Despite numerous objections from appraisers and agent/brokers alike, a Florida bankruptcy judge has ruled in favor of JPMorgan Chase in ...
07/17/2013
In January, Evaluation Solutions/ES Appraisal Services (ESA) declared bankruptcy, leaving thousands of real estate appraisers, agents, and brokers with unpaid invoices for work performed. With close to nine million dollars in unpaid invoices for appraisals and broker price opinions (BPOs), it is ...
05/22/2013
Rainmaker
12,616

Isaac Peck

Ask me a question
*
*
*
*
Spam prevention