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FHA Eliminating VC Sheets ? Truth or Rumor ?

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Joe Birrell (NY)

Thread Starter
Member
Joined
Jan 16, 2002
I heard a rumor yesterday from a Realtor who returned from NAR's convention in Washington, D.C. that FHA is eliminating VC sheets -
has anybody else heard this ? Truth or rumor ?
 

Farm Gal

Elite Member
Joined
Jan 14, 2002
Professional Status
Licensed Appraiser
State
Nebraska
Joe:

I HAD heard a rumor that vc MIGHT be eliminated for FHA REO appraisals, I suspect this may have something to do with those long holding times for REO's for which (of course) the appraiser is ultimately to blame in everyone elses eyes :roll:

If they would rework the vc so it wasn't full of double negatives that would certainly be a plus. Had heard about potential modifications a year or so ago, nothing happening there :evil: but never heard no nothing about elimination. :wink:
 

Mike Garrett RAA

Elite Member
Gold Supporting Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Colorado
When have you ever seen the government eliminate a form?
 
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