[Bonanza]

Originally Posted by keithwand

Not in FL.
I got paid for an appraisal if the loan closed.
If the borrower changed their mind or switched lenders then there was no compensation.
It didn't happen often.
A homeowner or realtor can pay for an appraisal. It doesn't have to be a lender. Then it's yours.
The appraisal belongs to the lender originating the appraisal and not the homeowner.

What is your designation as an appraiser?

Yes, anyone can pay for an appraisal.
The only time I've ever seen a homeowner pay for an appraisal
is when he wants to meet the 20% criteria of the loan-to-value
because he wants to get rid of his P.M.I.

Yes, the appraisal belongs to the lender,
but that doesn't have anything to do with the this topic.

BTW -- the word Realtor is always capitalized
because it is a registered trademark of the
National Association of Realtors.