POLICIES AND PROCEDURES FOR NYSAN MEMBERS:
- NYSAN MEMBER RECEIVES THE ORDER FROM NYSAN.
- NYSAN WILL SPECIFY WHO THE CLIENT WILL BE ON THE
APPRAISAL- IT WILL BE CERTIFIED TO THE LENDER/BROKER WITH THE STATEMENT
FOLLOWING THEIR NAME "AND OR ITS ASSIGNS"
- NYSAN WILL RECEIVE THE APPRAISAL WHEN COMPLETE AND A
:CC E-MAIL WILL BE SENT TO THE CLIENT- NYSAN WILL PRINT OUT THE APPRAISAL
AND KEEP A HARD COPY OF SAME APPRAISAL TO ENSURE THE APPRAISAL IS NOT
TAMPERED WITH IN ANY WAY, SHAPE OR FORM.
- WHEN NYSAN ASSIGNS THE APPRAISAL THE THE APPRAISER,
THE APPRAISER WILL GIVE A DAILY UPDATE TO NYSAN- YOU WILL SPEAK WITH LISA OR
ANGELA DAILY AND GIVE AN UPDATE- WE WILL CONTACT THE LENDER/CLIENT WITH ANY
UPDATES- THE APPRAISER WILL NOT DIRECTLY COMMUNICATE WITH THE LENDER TO
COMPLY WITH USPAP.
- APPRAISER, IN THE ADDENDUM SECTION WILL LIST THE
FOLLOWING STATEMENT:
"IN ORDER TO MEET HVCC
GUIDELINES, THE APPRAISAL WAS ORDERED BY NYSAN, THE NEW YORK STATE APPRAISAL
NETWORK. THE APPRAISER DID NOT COMMUNICATE DIRECTLY WITH THE CLIENT
REGARDING THIS APPRAISAL TO COMPLY WITH HVCC GUIDELINES. THERE WAS NO
PRE-DETERMINED VALUE REQUESTED IN CONJUNCTION WITH THIS ASSIGNMENT. EACH
APPRAISER HAS A VALID LICENSE/CERTIFICATION IN NYS, AND EACH APPRAISER IS
DIRECTLY RESPONSIBLE FOR THE ENTIRE CONTENTS OF THE APPRAISAL. NYSAN'S ROLE IS
TO ASSIGN THE APPRAISALS AND TO SEPARATE THE CLIENT/LENDER AND THE APPRAISER
DURING THE ASSIGNMENT TO COMPLY WITH HVCC GUIDELINES. EACH APPRAISER HAS THEIR
OWN VALID E AND O INSURANCE"
- APPRAISER IS RESPONSIBLE TO BE COMPETENT TO ACCEPT
ORDER ASSIGNED BY NYSAN
- NYSAN, CARE OF: MERRELL INSTITUTE, 1461-16 LAKELAND
AVENUE, BOHEMIA, NY 11716 631-563-7720 FAX: 631-563-7719
- QUESTIONS TO BE DIRECTED TO LISA MERRELL AT
631-563-7720.
- IF THERE IS AN EXCEPTION REQUEST TO BE MADE, IT
SHOULD BE VIA FAX IN WRITING TO BILL MERRELL (FAX: 631-563-7719) INCLUDE
YOUR NAME, ADDRESS, PHONE, FAX, CELL NUMBER AND REQUESTED EXCEPTION.
YOU WILL RECEIVE A WRITTEN OR VERBAL REPLY, BASED UPON YOUR REQUEST.
E-MAILS GO TO:
nysanamc@gmail.com
nysanamc@gmail.com
nysanamc@gmail.com
nysanamc@gmail.com
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