Real Estate Appraiser/Property Inspection Law

As a corollary to our banking and real estate practice and our practice dealing with insurance policy coverage and policy term interpretation, first party losses, bad faith, and recoveries, Belongia, Shapiro & Franklin continues to assist its clients, throughout the country, and has long handled matters involving mortgage fraud, identity theft, and professional malpractice claims dealing with real estate appraisers and real property inspectors. On behalf of our clients, we also regularly appear before and deal with disciplinary and licensing issues before administrative boards and other regulatory or investigatory authorities. We are also well familiar with the federal court system and the courts of several states.

Similar to both the banking and insurance industries, details and requirements of both prior and latest versions of the Uniform Standards of Professional Appraisal Practice (USPAP) and the current issues affecting real estate appraisers and real property inspectors today. These issues include the impact of the Home Valuation Code of Conduct (HVCC), declining markets, and “misleading’ or otherwise non-complaint appraisal reports and exposure or liability for them and even accusations of criminal activity such as mortgage fraud and collusion.

We know what is happening in the industry and with the regulatory scheme and we work to ensure that our clients stay in compliance or are ahead of the curve of any regulatory change. We also counsel our clients in ways to effectively and efficiently obtain maximum legal relief, limit their liabilities and exposures or otherwise protect themselves. With the current economic environment and frequency of bank failures, loan defaults and foreclosures, there is much insecurity in the workplace. At Belongia, Shapiro & Franklin, we recognize that. It is our practice to understand our clients’ business and needs to achieve their objectives while protecting and maintaining them.

If you would like further information about our Real Estate Appraiser/Property Inspection Law Practice, please contact:
Charles R. Franklin
312.582.1603