Real Estate Appraiser Liability

What to do with Claims

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Home Inspector Insurance - Liability, Home Inspectors, Real Estate Appraiser Liability - Insurance, Real Estate Appraisers

Editor’s Note: There are good reasons for reporting claims and incidents when they happen. Here is vital information, that even seasoned inspectors may not know, that can save you anxiety, money and maybe even your business. If you’re an appraiser, much of this story pertains to you as well Read More

Six Ways to Stay Out of Trouble

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Premium Content, Real Estate Appraiser Liability - Insurance, Real Estate Appraisers

My first commandment for appraisers is: Know the truth and let the truth set you free. In this context, it means that you are in control of both the appraisal development and reporting. Therefore, let no person coerce, threaten or influence your objectivity, impartiality, or independence. After that, and based on my 10 years’ experience as… Read More

Dealing Effectively with Complaints: When the State Comes Calling

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Real Estate Appraiser Liability - Insurance, Real Estate Appraisers

Editor’s Note: With declining values come lawsuits and complaints. Somebody has filed a complaint against you with your state’s appraisal board. Now what do you do? Tim Andersen, MAI gives you some suggestions. Read More

Lender’s Choice: Violate USPAP or Blacklisted

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Premium Content, Real Estate Appraiser Independence, Real Estate Appraiser Liability - Insurance, Real Estate Appraisers

The new normal for too many appraisers these days is being banished to a “do not use” list by a lender, without any opportunity for rebuttal or even knowing why. Now here’s a new twist: at least one large lender is giving appraisers the chance to rebut a questionable review- the problem is that doing… Read More

How Well Do You Know Your Rights?

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Premium Content, Real Estate Appraiser Fees, Real Estate Appraiser Independence, Real Estate Appraiser Liability - Insurance, Real Estate Appraisers

Editor’s Note: You’d be amazed all you don’t know regarding your rights as an appraiser. The following was gleaned from the webinar series: How to Limit Liability, Maintain Independence, and Fight Influence by Richard Hagar, SRA. How Well Do You Know Your Rights? By David Brauner, Editor Here are some questions for you- the answers...… Read More

Why Appraisers Get Sued

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Premium Content, Real Estate Appraiser Liability - Insurance, Real Estate Appraisers

Editor’s Note: Author Phil Spool, ASA, represents appraisers, E&O insurance companies and lenders as an expert witness for the prosecution as well as for the defense. In this story, he shares the reason why appraisers get sued. Why Appraisers Get Sued by Philip G Spool, ASA Lawsuits can be divided between those you cannot control...… Read More

Interview: Appraiser Who Brought Down Countrywide

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Appraiser News Editions, Newsletters, Real Estate Appraiser Liability - Insurance

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Lagow was an appraisal manager and assistant vice president at Landsafe, Inc., the appraisal subsidiary of Countrywide, a position which gave him an inside look at the practices which caused the downfall of the largest mortgage lender in America. For his part, Lagow sees Countrywide as being at the heart of both the housing bubble… Read More

E&O Insurance – Insurance: Insight and Advice from the Inside

Real Estate Errors and Omissions Insurance, Errors and Omissions Insurance, E&O Insurance

Editor’s Note: David Brauner is Senior Broker at David Brauner Insurance Services/OREP.org and Editor of Working RE Magazine. He has been providing E&O insurance to appraisers and home inspectors for 20 years. In this interview, he provides insight and advice from the inside on rates, claims, disciplinary actions, coverage and more. Insurance: Insights and Advice… Read More