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TOWNSEND APPRAISAL SERVICES INC

2.0(
1
)

Real Estate Appraisals, Home inspection

Services we offer

HOME INSPECTION & REAL ESTATE APPRAISAL.

Amenities

Senior Discount

federal id# 54-2066430, license# 255642

Reviews

2.01 Reviews
Write a review
Number of StarsImage of DistributionNumber of Ratings
5
0%
4
0%
3
0%
2
100%
1
0%
Rating CategoryRating out of 5
quality
3.0
value
2.0
professionalism
4.0
responsiveness
2.0
punctuality
4.0
Write a review
Showing 1-1 of 1 reviews
CHUKURA A.
08/2006
2.0
real estate appraisal
  + -1 more
I'D HAD THIS COMPANY APPRAISE THE SAME PROPERTY IN FEBRUARY, 2005 AND ASKED THAT HE DO A NEW APPRAISAL. I WANTED TO USE TOWNSEND BECAUSE I'D USED HIM BEFORE AND HE IS IN TOWN WHERE MY LOAN OFFICE IS IN CALIFORNIA. WHEN THE APPRAISAL CAME BACK, THE LOANING INSTITUTION WOULD NOT ACCEPT IT BECAUSE APPARENTLY HE HAS BEEN BLACK LISTED ON SOME LIST AND THEY TELL ME HIS LICENSE IS EXPIRED AS OF JUNE 30, 2006. HIS LICENSE WAS ATTACHED TO THE APPRAISAL WHICH SAYS IT IS VALID THROUGH MAY 31, 2007. THE LENDER IS TELLING ME IT IS HIS RESPONSIBILITY TO FIND OUT WHAT IS GOING ON WITH HIS LICENSE, BUT HE HASN'T CHECKED ON IT AND GOTTEN BACK TO ME. I FINALLY SENT HIM A DEADLINE TO FIND OUT WHAT IS GOING ON WITH HIS LICENSE OR I WANTED MY MONEY BACK. HE RESPONDED SAYING I NEED TO GET A REFUND FROM THE LENDER SINCE THEY WON'T ACCEPT THE APPRAISAL.
Description of Work: APPRAISAL ON CONDO FOR REFINANCING.
Rating CategoryRating out of 5
quality
3.0
value
2.0
professionalism
4.0
responsiveness
2.0
punctuality
4.0
$375
Response from TOWNSEND APPRAISAL SERVICES INC
Townsend Appraisal Services never had a contract with the member. Appraisers are typically contracted by Banks or Mortgage brokers, not borrowers. Our client in this case, is a mortgage broker, not a borrower. The Appraisal industry is heavily governed by state and federal laws and guidelines. Discussion with anyone except our client is a violation of Uniform Standards of Professional Appraisal Practices (USPAP) that we are licensed to follow. Therefore we are limited as to our response unless legally requested. However, we can say that the Indymac Bank did not have our current license, showing us expired and therefore placed us on their Exclusionary list. Upon investigation, Indymac Bank had declined the member's loan for reasons other than our status with them. Per USPAP guidelines, appraisal fee cannot be contingent upon a specific value conclusion, or the success of a laon applicant. Thomas Townsend, President

    Contact information

    PO BOX 432, Holly Springs, GA 30142

    Licensing

    State Contractor License Requirements

    All statements concerning insurance, licenses, and bonds are informational only, and are self-reported. Since insurance, licenses and bonds can expire and can be cancelled, homeowners should always check such information for themselves. To find more licensing information for your state, visit our State Contractor License Requirements page.

    *Contact business to see additional licenses.

    Service Categories

    Real Estate Appraisals,
    Home inspection

    FAQ

    TOWNSEND APPRAISAL SERVICES INC is currently rated 2 overall out of 5.
    No, TOWNSEND APPRAISAL SERVICES INC does not offer free project estimates.
    No, TOWNSEND APPRAISAL SERVICES INC does not offer eco-friendly accreditations.
    No, TOWNSEND APPRAISAL SERVICES INC does not offer a senior discount.
    No, TOWNSEND APPRAISAL SERVICES INC does not offer emergency services.
    No, TOWNSEND APPRAISAL SERVICES INC does not offer warranties.
    TOWNSEND APPRAISAL SERVICES INC offers the following services: HOME INSPECTION & REAL ESTATE APPRAISAL.

    Contact information

    PO BOX 432, Holly Springs, GA 30142