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Am I qualified to estimate this request for a "cost to repair"?

Q: "I recently appraised a bank owned home for this AMC. I was provided with a 40 page home inspection report that listed a variety of problems ranging from structural issues to termites to roof problems to mold. I was asked to give an "as is" value and I came up with $60,000, which is essentially land value. Now the AMC is insisting I provide them with a "cost to repair". I don't feel comfortable doing that. Am I right to say "No"?"

A: Absolutely. You are not a general contractor, a structural engineer, a pest control expert or a mold remediation expert. You are not qualified to provide the AMC with the information they are seeking ...but I think you already know that.


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