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 Mark Skapinetz - https://atlantapropertyappraiser.com/mark-skapinetz/ BETWEEN THE LINES LINKS Email brian@brianclee.com Web brianclee.com Facebook https://www.facebook.com/groups/realestatebetweenthelines/ https://www.facebook.com/Brian-C-Lee-111822417027919/? YouTube https://www.youtube.com/channel/UCcv4dHU39-b5_QVVCIhbcBA?
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Brian Lee is an acclaimed real estate appraiser, broker, instructor, and construction expert with over 25 years of experience. He received his bachelor's degree in Finance and Real Estate from Indiana University. (GO Hoosiers!) After a disappointing attempt at being the next Jedi Master in the latest Star Wars movie, he discovered the "Force" was strong with him as a Real Estate appraiser and speaker.
Brian's knowledge and experience has taken him across the galaxy to train agents on topics including: real estate appraisal, agency, brokerage, business operations, contracts, and investing.
He loves helping agents provide value to their clients by...