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#2233991 - 03/31/20 05:27 PM Appraisers refusing to go inside?
RR Becca Offline
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RR Becca
Joined: Sep 2004
Posts: 5,245
out of the frying pan...
Has anyone else run into appraisers refusing to do interior inspections because of COVID-19? If so, how are you handling it?
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You call it ADD. I call it multi-tasking.

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Interagency (Reg Z) and CFPB Reg B Appraisal Rules
#2233995 - 03/31/20 06:05 PM Re: Appraisers refusing to go inside? RR Becca
RR Becca Offline
Power Poster
RR Becca
Joined: Sep 2004
Posts: 5,245
out of the frying pan...
Never mind - found FDIC guidance in #s 11 & 12 here: https://www.fdic.gov/coronavirus/faq-fi.pdf
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You call it ADD. I call it multi-tasking.

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#2236293 - 05/07/20 01:41 PM Re: Appraisers refusing to go inside? RR Becca
CB#3 Offline
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CB#3
Joined: Nov 2004
Posts: 2,531
Anywhere I want to be
Fannie Mae and Freddie Mac issued some of the appraisal types they are accepting. One hole is for HPMLs. They still require interior inspections per reg. We'll use an existing appraisal assuming the value hasn't change. If it has, the pictures of the interior or asking the property owner to supply pictures to the appraiser. And asking the appraiser to document the will not enter the dwelling.

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