Episode 128 - Who is the Lender Looking Out For?
Knowing how to protect your client and your business is critical to future success. Learn the steps and the processes the lender uses to underwrite the appraisal for your client, so your client can make informed decisions.
Note: I can’t believe how many times I used the phrase, “Throw them under the bus.” Jeez!! Ha!! -Brian
SHOW NOTES
- 03:00 – Desktop appraisals, hybrid reports, and waivers.
- 06:20 – Lenders are making decisions based upon their risk analysis. They are not looking out for the borrower.
- 08:10 – An FHA appraisal report stays with a property for 180 as of July 2022.
- 11:35 – Underwriting rules that can affect the appraisal report.
- 14:55 – AMC, Appraisal Management Company.
- 17:25 – How do you handle this situation with your clients?
- 19:45 – Appraisers work with your lenders to poise your business for success and avoid liability.
- 21:10 – We are all in business and want to make money. Think about what banks are considering when they make money.
SHOW LINKS
BETWEEN THE LINES LINKS
Email
brian@brianclee.com
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