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A mortgage consultant had threatened to put lien on your property if you do not pay the appraiser. Can they do that?
Wiki User
∙ 15y ago
Yes. If someone performed work on your behalf when you were contemplating a purchase or refinance then you need to pay them for their time. No one can afford to work for free.
When you initiate a real estate transaction it sets in motion a process whereby various professionals must be contracted on your behalf to perform various tasks. Some of those people are self-employed and cannot perform any other work while they are performing yours. If warned ahead of time, "I need your professional services right now but I may decide not to pay you", they would not provide those services.
If your transaction does not continue through to its normal conclusion with a closing then you must pay anyone who performed work on your behalf. That may include the title examiner, surveyor, appraiser, etc. If you refuse to pay they can sue you in small claims court and if they win they can obtain a judgment lien from the court. The lien can be recorded in the land records and you cannot sell or refinance your home until the lien is paid.
Please consider this: no one would regularly volunteer to perform professional services if they were not guaranteed to be paid for their time.
Wiki User
∙ 15y ago
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Where can one find information on a mortgage consultant?
There are a number of references that one can use to find information on a mortgage consultant. For example, Investors Group, Money Saving Expert, and Our Property all have information about mortgage consultants.
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You can find a Brevard County Property Appraiser at the official Brevard County Property Appraiser website, BCPAO. Once there, you can request a property review directly from the website.
Where is it possible to hire a property appraiser in Volusia county?
One can hire a property appraiser in Volusia county by looking at the local yellow pages for the information on the established property appraiser in the community.
What documents are needed to apply for a Homestead Exemption with the Hillsborough County Property Appraiser?
Typically to apply with a homestead exemption, you will need your W2 forms for the past few years, your mortgage statements, a house assessment from an accredited appraiser and your identification documents.
What services are provided by Pinellas County Property Appraiser?
There are many services provided by Pinellas County Property Appraiser. The Pinellas County Property Appraiser gives appraisal values of homes in Pinellas County.
Where can one find a Nassau County property appraiser?
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How to Look For a Mortgage Consultant?
If you are planning to own a piece of real estate, it is best to start looking for a dependable mortgage consultant who can help you achieve your dream house with just a few drawbacks. You should take the time to research for the best consultant who can help you with all your needs; the consultant’s fees should also be taken into consideration. A competent mortgage consultant can make the process of getting your dream property a breeze, so you should be careful in choosing the professional who would handle your case. Step 1: Make sure that you have your financial information arranged properly. This will make it easier for your financial or mortgage consultant to look through everything; he can find the best options for your needs quicker if all of your financial details are in order when they are given to him. Step 2: Talk to people who have recently bought a real estate property, and ask for referrals to their mortgage consultants. You should also take the time to ask for feedback about the specific consultant’s services; how he works, what his fees are, and if there are any problems encountered when working with him. Step 3: Take the time to meet with a number of the mortgage consultants you are considering on hiring. Keep in mind that you will be working closely with the consultant, so you need to choose one whose personality would complement yours; you should also hire a professional that you feel comfortable talking to on a regular basis. Step 4: When you have made a decision as to who should handle your real estate mortgage issues, verify that consultant’s licensing; this can be done without any difficulties by asking the broker for their state’s regulating body. The contact information should be given to you without any difficulties as well. Step 5: You can now start with the process of looking for and deciding on the best mortgage product for your needs; this is where the expertise of the mortgage consultant comes in very handy. When you have a dependable mortgage consultant at your side, you can rest assured that you will be making the right decisions for your future property. A healthy professional relationship with your consultant will go a long way in achieving your dream real estate property.
Where does one find a property appraiser?
One can find a property appraiser from the following sources: Appraiser USA, Indeed, Florida Property Appraisers, Appraisal Institute, OREA - Office of Real Appraisers, ASC - Appraisal Subcommittee.
What is a real estate appraiser?
Real estate appraisal is the process of establishing a fair market value for real property. A real estate appraiser is a professional whose job it is to give an Opinion of Value of real property. An appraiser can appraise property for mortgage purposes, insurance purposes, tax purposes, for setting a price for a seller or for determining the value of an estate. An appraiser examines the property, takes pictures, notes any improvements or upgrades, damages or problems, studies the area, determines a rating for the general condition, uses the MLS and other databases to see what other similar homes have sold for recently, and then gives his opinion of the market value of the property.
What kind of services does Citrus County property appraiser offer?
Citrus County property appraiser offer assessment, appraisal and exemptions. Citrus County is located in the state of Florida. The appraiser would assist in obtaining property ownership information.
What is the Duval County property appraiser responsible for?
The Duval County property appraiser has several responsibilities to carry out. One of these responsibilities is to licence drivers who do not drive carefully. Another responsibility that the Duval County property appraiser carries out is the local property tax appraisal, as the name suggests.
Can your brother and sister buy your portion of the family farm by using the property as collateral?
As long as you get your share of the money, does it matter how they get it? A mortgage on the property is one way of doing it. In your case you want to be sure that the value of the property is established by an appraiser and you should be paid one third of the price.
