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Hb 3624

Discussion in 'Oregon' started by Roscoeman, Feb 12, 2010.

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  1. Roscoeman

    Roscoeman Member

    0
    Aug 18, 2005
    Professional Status:
    Certified Residential Appraiser
    State:
    Oregon
    To All Oregon Appraisers,


    An overwhelming response from the Oregon Appraisers, lead to the Consumer Protection Committee PASSING HB3624 yesterday! The vote was 9 to 1 for passage!


    Representative Holvey stated that he received so many emails from Appraisers in the State of Oregon that he could not keep up with them. A huge thank you! Please pat yourselves on the back and do a happy dance!


    This is only the first round and we need to ask you all again to continue with your emails and phone calls!


    As soon as we know what the next step is, an email will be sent out.


    We must unite as Appraisers for the continuing success of HB3624.
     
  2. Mike Kennedy

    Mike Kennedy Elite Member

    119
    Sep 28, 2003
    Professional Status:
    Certified Residential Appraiser
    State:
    New York
  3. Roscoeman

    Roscoeman Member

    0
    Aug 18, 2005
    Professional Status:
    Certified Residential Appraiser
    State:
    Oregon
    Mike,

    Thanks for posting.

    The bill has been amended since that draft.
     
  4. Margaret Treat

    Margaret Treat Sophomore Member

    0
    Jan 25, 2007
    Professional Status:
    Certified Residential Appraiser
    State:
    Oregon
    Thanks for all your work on this Roscoeman! I know you have spent many hours driving, calling, etc. to get Oregon appraisers in the know on this legislation. You rock!
     
  5. OSU Beavers

    OSU Beavers Elite Member

    7
    Jan 10, 2007
    Professional Status:
    Licensed Appraiser
    State:
    Oregon
  6. unloadit

    unloadit Sophomore Member

    0
    Feb 23, 2004
    Professional Status:
    Certified Residential Appraiser
    State:
    Oregon
    Does this legislation involve fee's that the AMC's pay to appraisers?
     
  7. OSU Beavers

    OSU Beavers Elite Member

    7
    Jan 10, 2007
    Professional Status:
    Licensed Appraiser
    State:
    Oregon
    No it is a pretty weak @ss bill. No cap on fees, and no bond required to pay appraisers out of. Just an excuse for the State to collect more fees and say they are doing something. The big AMCs will register and you can complain to the State if they fail to pay, but all of the little POS AMCs poping up all over California will most likely not register, rack up a year or two of business, then go under stiffing appraisers tens of thousands of dollars in unpaid fees.
     
  8. unloadit

    unloadit Sophomore Member

    0
    Feb 23, 2004
    Professional Status:
    Certified Residential Appraiser
    State:
    Oregon
    So then....they can still charge the borrower $700 for an appraisal, and then pay the appraiser $200? Great work. :clapping:
     
  9. Summer

    Summer Member

    0
    Jan 2, 2008
    Professional Status:
    Certified Residential Appraiser
    State:
    Connecticut
    Horrible bill. We need to get our fees not give the AMCs the right to control them.
     
  10. firstchoiceappraisal

    firstchoiceappraisal Junior Member

    0
    Feb 11, 2009
    Professional Status:
    Appraisal Management Company
    State:
    Oregon
    The idea was to get something on the books and then fill in the blanks later. It's a step.

    I'm surprised the bond isn't in there...it was in the draft at the hearing.
     
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