You finally reach a deal with a buyer to sell your house,or strike a deal with the seller of your dream home,only to see the deal fall apart later when the house doesn’t appraise for the price that has been agreed upon…what are you to do? This is a plight that has become [...]
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 | It seems we always need to find someone to blame for our problems… When it comes to the meltdown in the housing market that has taken place over the past three years there has been no lack of finger pointing by many inside and outside the industry as to factors that either caused or contributed [...] Frank Gregoire My world was much different in the late 1980’s. Although I was in the real estate business and the real estate appraisal profession for a decade,political activity did not interest me. Here at Gregoire &Gregoire,we had already been using a networked mini-computer for appraisal reporting since 1983,but I [...] Editor’s note –Last month we published an article about HVCC which drew quite a few comments and responses….one such response was from veteran appraiser Paul Collins in which he shares his frustration with the state of the industry and the impact of lenders and legislation on his industry. Our thanks to Paul for allowing [...] By:Dennis Norman Appraisals continue to be in the spotlight. Investors,builders and other sellers are complaining of losing sales due to low appraisals and often cite HVCC (Home Valuation Code of Conduct) or AMC (appraisal management companies) as the problem. One common complaint is that appraisers are being assigned to do appraisals on transactions in [...] Dennis Norman By:Dennis Norman May1st the new Home Valuation Code of Conduct (HVCC) went into effect with regard to appraisals and the controversy over it began. Appraisers don’t like it,agents are complaining they are losing sales (which are scarce enough in this market already) as a result of it and lenders are complaining [...] | ||||
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