Appraisers' Free Forum

**Jan Roseberry** · Posted: Sat Jan 19, 2008 11:12 pm Post subject: Need some advise!

I got an order from a law firm which says -- 'Your name was provided by the U.S. Department of Housing and Urban Development to conduct a liquidation appraisal on the above referenced property. Please be advised that the property is vacant.'

I have 30 days to do the appraisal and I am to bill the law firm, no other information. It is not a VA of Rural Housing number. Number is LS&R No.: 200xxxxxx. Any ideas about loan type, report expectations, etc. I do not want to appear like a doofuss. Anyone have any experience with a similar type number or request?

Thanks!
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**M L** · Posted: Sat Jan 19, 2008 11:16 pm Post subject:

The request sounds too sketchy to me. I'd call or email them back to clarify the scope of work. If it's going to court, the scope of work will be completely different than just a standard ole' URAR. As for billing, I get at least half up front from all first time out of town clients and individuals.
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**Joker** · Posted: Mon Jan 21, 2008 3:45 pm Post subject:

I agree with Mel. No one gets credit unless they earn my respect first. Everyone pays. Law firms pay on retainers.
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Mako · Member Joined: 11 Aug 2007 Posts: 849

**M L** · Posted: Tue Jan 22, 2008 7:55 pm Post subject:

I've never had any problems getting paid, but I have had problems with being called to drive 80 miles as a material witness for $25. It usually gets cleared up real quick when you explain that you know the difference between a material witness and a professional witness.
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Ya can't keep trouble from visitin, but you don't have to offer it a chair.

**Stone** · Posted: Tue Jan 22, 2008 8:03 pm Post subject:

Mako · Member Joined: 11 Aug 2007 Posts: 849

**Jan Roseberry** · Posted: Tue Jan 22, 2008 10:42 pm Post subject: I figured the order out!

Getting paid is the least of my worries. This firm has paid me promptly for well over 10 years.

The order is not a typical liquidation assignment that I receive; atypical. My feelings are that it is more cost effective (sounds better than cheaper) to order a 2nd appraisal than a review. It's an account I would most like to get.
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Watch your back and watch who's watching your back.