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#1154198 - 03/30/09 09:47 PM Provide List of Appraisers to Customer
SJB Offline
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SJB
Joined: Jun 2002
Posts: 1,210
California
We have reduced some HELOCs based on AVMs and when we do we provide an appeal process that involves having the property appraised. We select the appraiser but a customer has requested our "approved" appraiser list before deciding to appeal. Since the customer cannot dictate which appraiser we use, I see no purpose in providing the list and am not aware of any requirement to do so.
Anyone else run into this?
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#1154334 - 03/31/09 11:57 AM Re: Provide List of Appraisers to Customer SJB
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 84,928
Galveston, TX
Haven't heard this one before, but I can't think of anything that would force you to disclose your list under these circumstances.
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