Tag Archive for: appraiser shortage

Appraiser Shortage Makes 14 Day Close Impossible

The COVID crisis forced lenders and investors to lighten up on physical inspection requirements, and our Appraisal Manager has tremendous discretion when it comes to deciding on whether to order a full appraisal (with a physical property inspection) or to just order an exterior-only (“drive-by”) or even a desktop (no field inspection at all) appraisal.Read More

Why ALL Lenders Must Pay Appraisers Extra and Promptly!

AGENT SENDS COMPETING LOAN OFFICER TO US FOR ADVICE An agent we know well recently referred another loan officer to us to get advice in regard to how to finance […]Read More