Appraiser Partner Guidance March 17, 2020

 As stated in my message yesterday, we are operating in an ever-changing environment. Thus, I am following up with guidance for our appraiser partners. 

SettlementOne encourages our appraiser partners to adhere to the following steps to ensure your safety: 

  1. Appraiser to verify, via the property entry contact, that there have been no health issues or sickness within the property for the prior 14 days a. If sickness has been present, do not schedule the inspection and contact SettlementOne 
  2. Appraiser to wear gloves during the inspection (mask optional) 
  3. Appraiser to limit or make no contact with interior surfaces of the home 
  4. Appraiser to limit time inside the property to an absolute minimum to obtain needed information 
  5. Appraiser not to accept any paperwork directly from the property contact – any information should be emailed to SettlementOne 

The housing sector, including Mortgage Lending, is a keystone to the American economy. Ensuring that is continues safely is paramount to long-term success in the US. 

Should you have any questions or concerns, please contact us directly. 

Additional information – California: 

San Francisco 7 County COVID-19 (Corona Virus) “Shelter in Place” order March 16, 2020 

Under the authority of the California Health and Safety code the Health Officer has ordered 7 Counties in the San Francisco area (San Francisco, Marin, Santa Clara, Santa Crus, San Mateo, Contra Costa, and Alameda) to self-isolate in their places of residence to the maximum extent possible to slow the spread of the COVID-19 virus. All persons may leave their residences ONLY for essential Governmental Functions, or to operate Essential Businesses (all defined in section 10 of the order). 

The “Shelter in Place” order section 10 does create a clear exemption for banks and financial institutions, which includes mortgage lending activities and vendor services as necessary to accomplish origination, closing/funding and secondary market sales of mortgage loans. 

Tom Hurst, CEO