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Gunnel

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Reply with quote  #1 
Hello Gunnel, Per lender: The FHA case # was just assigned on 10/23 ---please convert the report. Thanks!

Per the lender: The appraiser would just update the signature date to the date the report was converted. Thanks!

I inspected this property, conventional 1004 on 10/21/2017.  Told them this  is a new report as I have to do an FHA inspection and the FHA case # was assigned after the inspection date - Above replies is what I got.  What is it with some people.  My signature date was 10/23/2017.  I asked for a new order LOL............................Told them I needed the FHA number before I go out.  Who the h..ll is in charge?
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MEP

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Low skill labor = The dollar is in charge
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M. E.

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BillDing

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Reply with quote  #3 
Quote:
Originally Posted by Gunnel
Hello Gunnel, Per lender: The FHA case # was just assigned on 10/23 ---please convert the report. Thanks!

Per the lender: The appraiser would just update the signature date to the date the report was converted. Thanks!

I inspected this property, conventional 1004 on 10/21/2017.  Told them this  is a new report as I have to do an FHA inspection and the FHA case # was assigned after the inspection date - Above replies is what I got.  What is it with some people.  My signature date was 10/23/2017.  I asked for a new order LOL............................Told them I needed the FHA number before I go out.  Who the h..ll is in charge?


Good for you!  It is a new assignment with a new SOW.  I hope they paid you for the first one.

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RubberStamp

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Reply with quote  #4 
Quote:
Originally Posted by Gunnel
Hello Gunnel, Per lender: The FHA case # was just assigned on 10/23 ---please convert the report. Thanks!

Per the lender: The appraiser would just update the signature date to the date the report was converted. Thanks!

I inspected this property, conventional 1004 on 10/21/2017.  Told them this  is a new report as I have to do an FHA inspection and the FHA case # was assigned after the inspection date - Above replies is what I got.  What is it with some people.  My signature date was 10/23/2017.  I asked for a new order LOL............................Told them I needed the FHA number before I go out.  Who the h..ll is in charge?


You are fault as you did not make the value necessary to remain Conventional.  So the FHA is free.

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We argue this: Meanwhile the agent's assistant just did 5 unofficial appraisal inspections they paired with a Zestimate and granted 90% LTV - all guaranteed no buy back.
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BillDing

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Reply with quote  #5 
[rofl] [rofl] [rofl] [rofl]
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johnmbryant

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Reply with quote  #6 
The case number does not have to predate the appraisal if it was originally done as a FNMA or VA appraisal provided it was inspected in accordance with FHA rules.  The effective date would stay the same and the signature date would change.  It is a new report because it has a different intended user and intended use.

If it was not inspected in accordance with FHA rules, it is a new report.  Start all over.

I have attached the pertinent source document.

 
Attached Files
pdf Case Number.pdf (101.46 KB, 10 views)

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BillDing

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Reply with quote  #7 
Quote:
Originally Posted by johnmbryant
The case number does not have to predate the appraisal if it was originally done as a FNMA or VA appraisal provided it was inspected in accordance with FHA rules.  The effective date would stay the same and the signature date would change.  It is a new report because it has a different intended user and intended use.

If it was not inspected in accordance with FHA rules, it is a new report.  Start all over.

I have attached the pertinent source document.

I always open up sealed scuttles and crawl up into the attic to inspect them as well as test all appliances, utilities and all other FHA requirements on Non-FHA orders...  said no sane appraiser ever.

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Meatloaf

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Quote:
Originally Posted by BillDing

I always open up sealed scuttles and crawl up into the attic to inspect them as well as test all appliances, utilities and all other FHA requirements on Non-FHA orders...  said no sane appraiser ever.


I think that applies mostly to USDA and VA appraisals.  Or if the SOW matched the 4000.1 then it doesn't need to predate the inspection.



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BillDing

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Reply with quote  #9 
Quote:
Originally Posted by Meatloaf


I think that applies mostly to USDA and VA appraisals.  Or if the SOW matched the 4000.1 then it doesn't need to predate the inspection.

No argument there...however, OP said nothing about already having the same SOW requirements.

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Meatloaf

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Reply with quote  #10 
In regards to the OP... You cannot "convert" any of these.  In the event that the original SOW or it was done for RH or VA you don't do anything.  The lender certifies the report and there is nothing to "convert".
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RubberStamp

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Reply with quote  #11 
Quote:
Originally Posted by BillDing

I always open up sealed scuttles and crawl up into the attic to inspect them as well as test all appliances, utilities and all other FHA requirements on Non-FHA orders...  said no sane appraiser ever.


They know darn well the predicament and the intention is to squeeze you hard to obtain free service from you.  Because appraisers are still a dime a dozen they get away with it.. a lot.  The whole situation comes about by their AVM being off (imagine that) and they wanted to try and save $25 by ordering it Conv even though the numbers were tight.

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We argue this: Meanwhile the agent's assistant just did 5 unofficial appraisal inspections they paired with a Zestimate and granted 90% LTV - all guaranteed no buy back.
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