I did a BPO last week for a Raised Ranch w/ mother in law unit in the basement. The house has been "remodeled" by some owner over the years as 2 units, separate entrances, but the city & county has no record of the basement finish and has zoning clearly disallowing it as a duplex.
The Asset Manager requested that I re-do the BPO as a duplex, because the bank had an appraisal done that shows it as a duplex. If the City & County notices that it is being used as a duplex, I believe they would redtag it.
My perspective is, as a realtor, that I give honest advice to my clients. If the client doesn't want to pay attention to what I have to say, that is their choice, and I don't have to participate with them any further on the project.
I am totally willing to give up my fee on the BPO, that is not an issue for me. I don't sell out my integrity for $65.00.
My questions, for discussion: Do you run in to these kinds of problems with Asset Managers? How do you handle those issues? Why would an Asset Manager ask for an opinion and then disregard the information?