Thursday, November 5, 2009

Claims Against Residential Appraisers in 2009

In 2009, the volume of claims against appraisers remained at the same record levels experienced in 2007 and 2008. Beyond this continued high level, we've observed several new claim trends affecting residential appraisers in 2009.

I'll start with the good news. Most of the claims we see are . . .

[A complete and updated version of this article is available to LIA insureds and READI members at  READI is the Real Estate Advisors Defense Institute, created by LIA to protect appraisers, advocate on their behalf and provide straightforward information about the legal issues that affect them.  You can read more about READI at]