Akron/Cleveland, Ohio September ASA meeting: Forum members are welcome!

[Calvin the Airedale]

Please join us for the ASA Akron/Cleveland Chapter dinner meeting at Das Schnitzel Haus in Parma on Thursday, September 18th, at 6:30 PM.


Appraisal forum members are welcome to attend!

Das Schnitzel Haus is located at 5728 Pearl Road, Parma, OH 44129 on the west side of Pearl Road two blocks north of Snow Road and just minutes south of I-480 at Ridge Road. The phone number is 440-886-5050.


The cost will be $30 with choices from the menu, including desserts. Appetizers and adult beverages are on a cash basis. Guests are welcome!

No program has yet been set but plenty of topics will be discussed, including: current market conditions; lender pressure; pending Office of Thrift Supervision enforcement; the looming HVCC; and our chapter’s plans for the coming year.

Chapter officers will meet at 6 PM to interview a candidate for advancement.

Please RSVP to Kim Stump at kstump001@neo.rr.com, by end of business on Monday, September 15th, (330) 929-6499.

See you there!


Sincerely,

Michael Coufalik, ASA
Chapter President
Akron/Cleveland Chapter
American Society of Appraisers

440-886-4888 Phone
440-886-0888 Fax
440-840-4988 Cell

PS. Please forward changes in email addresses or contact information to M.Coufalik@cox.net.

 

[CONSUMER]

All appraisers that includes Licensed, Certified Residential and Certified General are facing issues that will have a devistating affect on our business. The S2452 Home Ownership Preservation and Protection Act of 2007 has been introduced to the Senate. It contains provisions that could potentially put thousands of appraisers out of work and add significantly to the cost of operating an appraisal business. This bond requires residential real estate appraisers to carry a bond. According to estimates provided to the Appraisal Institute from leading insurance providers, the bonding provision in S2452 would result in $10,000 to $40,000 in annual out-of-oocket expenses per appraiser. The Home Value Code of Conduct (HVCC) mandates the use of national appraisal management companies instead of local independent appraisers. The most experienced appraisers throughout the country will be forced out of business due to dramatically reduced fees and increased pressure from AMCs to meet the unreasonable valuation targets and deadlines. This exodus, coupled with the HVCC's preference for use of automated valuation models by AMCs, will lead to a significant deterioration of appraisal quality. .

H.R. 3837 Escrow, Appraisal,& Mortgage Servicing Improvement Act requires a study to be completed by the Comptroller General over 18 months with recomendations to state and federal levels. This study involves the appraisal process in general. Effectivness and Improvements.
"Reform" I an appraiser want to have a say when the study goes to the sub committee.

The same bill HR3837 also is requesting consideration of professional appraisar designations.
(k) Consideration of Professional Appraisal Designations- Section 1122(d) of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 is amended by adding at the end the following new sentence: `No provision of this subsection shall be construed as prohibiting consideration of designations conferred by recognized national professional appraisal organizations, such as sponsoring organizations of The Appraisal Foundation.'.

What can you do about it? Get involved bring your concerns to the table have your voice heard. How can you impact any of this, by joining appraisers and grow in numbers and have a collective voice on the Senate floor. September 24, 2008 2:00pm - 3:30pm International Union of Painters & Allied Trades, AFL-CIO district council 51, 4700 Boston Way, Lanham, MD 20706

 

[Calvin the Airedale]

Dear Consumer:

I have no idea how your rant is connected to the ASA meeting other than that some of these concerns will be topics of discussion. Perhaps you meant to post your own thread. If you're inviting folks to the union meeting in MD, I suggest you open your own post.

However, some of you statements are less than accurate. I'd get your facts strait about what the HVCC requires and doesn't before you take such an alarmist tone!

 

[CONSUMER]

Really nothing to say. I can only suggest some educational reading. This site itself has a bit. Below are a few listed forums and threads. . I apologize for the unintentional Thread in your state and on your Post. But it looks like it was devine intervention especially since the topic will be discussed at a up coming ASA meeting. Any questions please do not hesitate to contact me.
"Improving your profession"
"Newbies/appraiser wannabe Forum, Titled HVCC"
Clients-good, bad & ugly
Go in "search" for HVCC. The threads will come up in the list

 

[wickedness1]

Michael,

My husband & I are both Certifed Residential & if we can get a baby sitter, then we will be there! We are actually going to Columbus on Friday 9/12/08 to sit in on the Appraisal Board meeting with a few others from the forum. You should join us if your able to!

We want the Board to know that we care about all this fraud going on and that they are really the only ones with the power to change things but their dropping the ball.

 

[TC]

Parma??? Will Drew be there?

 

[Calvin the Airedale]

Dear Wickedness,

Thank you for the reply. You will be most welcome to attend the ASA meeting. I'll send you a personal email at the end of the week as a second notice.

I apologize, but I will be unable to attend the board meeting in Columbus. Good luck. I'm anxious to hear your impressions.

 

[Calvin the Airedale]

Parma??? Will Drew be there?

Drew's house (the one in which he grew up in and still owns) and the tavern used in his sitcom is less than 10 minutes from where we will be meeting.

 

[wickedness1]

LMAO, I was trying to place "Drew" for 10 minutes! I didn't know if he was a former ASA member or something, lol.:icon_idea::icon_idea:

 

[TC]

LMAO, I was trying to place "Drew" for 10 minutes! I didn't know if he was a former ASA member or something, lol.

He definitely looks like an appraiser-geek!