Reassignment of Appraisals

POLICY REGARDING REQUESTS FOR RELEASE OF APPRAISALS
Baseline Appraisal Services will not grant any request for the release of appraisals completed by our firm. USPAP regulations mandate that appraisal assignments may only be completed for the intended user (usually the lending institution originally ordering the appraisal). Furthermore, recent legislation, designed to protect confidentiality of private financial data, does not allow Baseline Appraisal Services to even discuss such requests. Lending institutions are welcome to order a new appraisal assignment on any property in question. As a courtesy to our existing clients, we require that any new appraisal request is accompanied by an authorization letter from the original client (relinquishing their interest in the original. The absence of such letter will result in refusal of the appraisal assignment. A discounted fee may be negotiated at the sole discretion of Baseline Appraisal Services (pre-payment will be required in all cases). Please note that the homeowner/borrower must request a copy of their appraisal report directly from the original lender (despite who paid the appraisal fee).

No exceptions, from this policy, will be allowed under any circumstances.