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If and its an IF the economy tanks , The Hybrids will be shelved for awhileall this hybrid talk is pretty meaningless...and the best part no appraiser petition for number pressuring
Well the government is trying to tank the economy, we will see how well they do at it.
I've never done hybrids but i would doubt no one pressures appraisers because they didn't inspect.San Francisco & Silicon Valley Housing Markets Puke Huge Price Drops, as Startups, Crypto, Tech, Social Media Make Total Mess
all this hybrid talk is pretty meaningless...and the best part no appraiser petition for number pressuring
www.workingre.com
The AMC Clear Capital has been lobbying Congress for the last several years to begin accepting bifurcated/hybrid appraisals. In April 2017, the House Committee on Veterans Affairs held a hearing on “Assessing VA Approved Appraisers and How to Improve the Program for the 21st Century,” where Russell Johnson, Chief Revenue Officer at Clear Capital, argued that the VA should consider “the use of a desktop appraisal, based on the physical inspection of a subject property by an industry professional…such as a real estate broker or agent, performing a visual inspection of the subject property and providing other market insight and analytics.” Clear Capital has taken heat in the press and on Appraisal Blogs in the past for low appraisal fees, with one hybrid report being posted to AppraiserBlogs.com showing a $25 fee paid to the appraiser for the valuation analyst portion of the assignment.
VA Issues Guidance on Bifurcated Appraisals
The VA's AAPP guidelines have been heralded by many boots-on the-ground appraisers as a responsible and thoughtful approach to the increasing promotion of hybrid appraisals by Fannie Mae and Freddie Mac.
obviously, there was no push button over there...geez leave the vets alone they deserve the best
$25 that is nuts.The AMC Clear Capital has been lobbying Congress for the last several years to begin accepting bifurcated/hybrid appraisals. In April 2017, the House Committee on Veterans Affairs held a hearing on “Assessing VA Approved Appraisers and How to Improve the Program for the 21st Century,” where Russell Johnson, Chief Revenue Officer at Clear Capital, argued that the VA should consider “the use of a desktop appraisal, based on the physical inspection of a subject property by an industry professional…such as a real estate broker or agent, performing a visual inspection of the subject property and providing other market insight and analytics.” Clear Capital has taken heat in the press and on Appraisal Blogs in the past for low appraisal fees, with one hybrid report being posted to AppraiserBlogs.com showing a $25 fee paid to the appraiser for the valuation analyst portion of the assignment.
VA Issues Guidance on Bifurcated Appraisals
The VA's AAPP guidelines have been heralded by many boots-on the-ground appraisers as a responsible and thoughtful approach to the increasing promotion of hybrid appraisals by Fannie Mae and Freddie Mac.
obviously, there was no push button over there...geez leave the vets alone they deserve the best
That "appraiser" probably ran out of copper wiring to strip from vacant homes & catalytic converters to steal.
