This wiki is a compilation of business tools, software and services that might be helpful to real estate appraisers in North America - feel free to add any RELEVANT sites, services and so on that will benefit professional real estate...
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This wiki is a compilation of business tools, software and services that might be helpful to real estate appraisers in North America - feel free to add any RELEVANT sites, services and so on that will benefit professional real estate appraisers.
Appraisals are such an important step in the real estate transaction, it really does pay to be prepared and make all the right moves. This was a very succesful post the first time around, so I thought I'd share it with you again. Hope you enjoy it!
Via Frank & Sharon Alters, CDPE-Short Sales Jacksonville-Orange Park-Fleming Island (Watson Realty -) : Appraisals are an important part of the process in purchasing or selling a home. More than ever, the appraiser has the power to determine... Read Full Story
It's reassuring to know that there are other Appraisers out there who see HVCC for what it is. If it is not overturned, it's going to make matters worst, where lender pressuring is concerned, and that's just the start. If anybody cares, please contact your Senators today. Signing that petition was not nearly enough. We need the help of other Real Estate Professionals, to make some noise. Via Curtis Harris, BS, CGREA, REB (The Harris Company REA/C) : More Lies From the Appraisal Institute... Read Full Story
skip to content Search Cornell LII / Legal Information Institute home search sitemap donate http://www.law.cornell.edu/search/index.html Search the entire LII site search for: use AND, OR, NOT -- AND is default * acts as wildcard, phrases in "double quotes" http://www.law.cornell.edu/search/index.html Results WEX Constitution Supreme Court - casenames Supreme Court - full text Circuit Courts US Code Code of Federal Regulations Popular Names of Acts 1 Results from the US Code Showing first 5... Read Full Story
The Home Valuation Code of Conduct (HVCC) is already having a negative impact on California real estate and mortgage transactions.
This recent article in the LA Times tells a better story about how HVCC is hurting mortgage brokers, real estate agents, appraisers, and consumers.
Your voice needs to be heard - please take the time to sign the Petition to Remove the HVCC
Quick History
After an investigation by New York Attorney General, Andrew Cuomo, into Fannie Mae and... Read Full Story
Home Valuation Code of Conduct:
Action Needed!
Our friends in Congress are at it again.
Background:
1) The HVCC negatively affects consumers and the already fragile economy.
As it stands today, the HVCC will take effect on May 1, 2009, and this rule states that GSEs will no longer purchase loans from lenders “accepting appraisal reports completed by an appraiser selected, retained, or compensated in any manner by any third party.” It overwhelmingly impacts... Read Full Story
As a public service we will be providing a Pro Bono Appraisal Review, for all MAI, Appraisal Institute, Malpractice Issues: commercial appraiser The Harris Company, Forensic Appraisers and Consultants, 310.337.1973 harris_curtis@sbcglobal.net Read Full Story
Jeremiah Wean wrote a fantastic post on HVCC Appraisals yesterday morning.
It was featured and well deserved. I am reblogging it because it only has 17 comments but this is a critical call to action.
Don't comment here, please go comment on Jeremiahs post.
But, more importantly take action on this issue. We are a real estate community, this issue is affecting ALL of us.
Jeremiah gave us easy links to contact Fannie, Freddie, our Congressman and the Attorney General.
Come on guys... Read Full Story
As of yesterday, May 1 st , a new law is now in effect which will have an impact on anyone who is applying for a new mortgage loan. The change, the adoption of HVCC , the Home Value Code of Contact, affects property appraisals and how they are ordered and it is one of the new reforms designed to end the abuses that contributed to the run up in home prices which came before the real estate bust. The idea behind the law is that mortgage lenders were pressuring appraisers for higher values in... Read Full Story
The Real Estate Blame Game Moves On To Appraisers
The Real Estate “Blame Game” has become our current national sport. So far, we’ve raked the Buyers, the Realtors and the Brokers and the Mortgage Companies over the coals. This week we’re moving on to the Appraisers and legislating the free flow of information.
As of May 1, 2009 there will be new property Appraisal guidelines but not everyone agrees that we need new Appraisal guidelines as reported in the Wall Street Journal yesterday... Read Full Story
