The Appraisal Files

The dark side of our business is the short sale and the REO appraisals. I have been doing both at an alarming rate lately. I just completed a REO of a FHA property that had compressed air tanks in the crawl space rusting away. I do not know what gas was in the tanks and did not want to find out. I stated that a EPS stage one inspection should be completed to see if the home was contanimated with  hazzardous waste. Just another day you never know what you will find in the attic, crawl space, or that locked bedroom door that the "key has been lost". I never ask just note it and go on my way.

Dann