Comments on: Home Valuation Code of Conduct (HVCC) Goes Into Effect May 1st

By: Hortensia Koloc

Hortensia Koloc — Mon, 14 Feb 2011 05:26:08 +0000

Well, it’s excellent, but think about the other options we’ve got here? Would you mind publishing another post about them too? Thanks!

By: Dennis Norman

Dennis Norman — Sun, 27 Dec 2009 02:45:04 +0000

Thank you Asha, I appreciate it..
Dennis

By: Asha Silverwood

Asha Silverwood — Sun, 27 Dec 2009 02:41:58 +0000

I do not normally comment on peoples websites however I had to say thankyou for such a great read.

By: Mark Smith

Mark Smith — Fri, 17 Apr 2009 20:07:34 +0000

I have been appraising commercial and residential property for more than 20 years. If I hear one more “real estate” person state that appraisers are conservative or are being pressured by banks to come in low on a value I will puke.

Bankers pressuring appraisers to hit inflated numbers, especially on refinance appraisals, is why the government is enacting laws!!

No appraiser is ever asked by a bank to come in lower. Your statement is a complete and utter lie. It has never happened and will never happen.

The only people that complain about appraised values are people whose income is directly linked to the value; typically in the form of a realtor’s or banker’s commission. It is amazing that you are still this greedy after the real estate market as we know has just imploded.

Any time you want to try and challenge my knowledge in real estate and the realities of the market contact me at any time; I look forward to it

Mark Smith

By: Dying Breed

Dying Breed — Fri, 10 Apr 2009 00:44:12 +0000

Appraiser pressure will not be diminished by these rules, it will become worse. If you research the origination of this madness, it came about because eAppraiseit (a management company) was suspected of collusion to apply pressure to appraisers to increase values for Washington Mutual. The solution has been to force the vast majority of appraisals through management companies which is beyond ironic. Collusion on a massive scale is now virtually guaranteed as management companies have more leverage than ever before. Whereas before there were a few independant small scale value pushing appraisers, there will now be Nationwide networks of them. As an appraiser and realtor, I think these rules will create far more problems than it solves.

By: Kyle Edginton

Kyle Edginton — Thu, 09 Apr 2009 14:38:22 +0000

This is very important to know. Thank you for bringing it to our attention and for you insight on the topic of HVCC.