Frank G Wrecks My Day- But I'll Walk On the Wild Side

[Ben Vukicevich SRA]

Well FranK sent me an email with bad news for NJ appraisers. It's seems the ASC is calling the bluff of the state which has extended our licenses/certifications by letter a second time from 3/1/02 until 5/1/02. Our licenses expired 12/31/01. Seems the ASC is not amused by the second extension letter and is shutting us down 3/1/02.

From the ASC website:

2/26/02: New Jersey is experiencing computer system conversion difficulties. Currently, all New Jersey appraiser licenses and certifications will expire on March 1, 2002, unless New Jersey can conduct its credential renewal process and provide us an accurate National Registry data file before that date. After March 1, 2002, unless New Jersey has processed appraiser renewal applications and provided accurate National Registry data to the ASC, New Jersey appraisers will be unable to legally perform appraisals in connection with federally related transactions. By notices at this Web site location, we will keep you informed of further developments

It was posted on the 26th. Today's the 28th. The licenses expire tomorrow.

I'm still working tomorrow cause there a'int no appraisal police....yet. Nor do I care because no one really knows what a federally-related transaction is, except me and a few others. I wonder how many appraisals will be backed dated to 2/28/02??????????

On a positive note, HUD has accepted the 5/1/02 extension letter issued by the state and has updated the FHA registry for NJ appraisers until 5/1/02. Stick that up your nose, ASC people. Go battle HUD. See if you win.

Ben

 

[Larry Lyke]

Don't worry about it.

A federal judge can make quick work of it. Just think you hurried up and got all your stuff done only to get a reprieve at the last moment and can't benefit from it.

 

[jtrotta]

Ben, not one Lender will be able to get a Loan thru in all of NJ - should be interesting from the publics point of view; how much money does the State have on hand for a class action bit of activity :?:

How much $$$ does the ASC have on hand :?:

If they keep that up, I see you in a "windfall" profitering scenerio sometime next fall 8)

 

[Caterina Platt]

The ASC is a bit, well, I'll be nice and say stubborn. Seems our state's info for the National Registry hasn't been updated since April of last year! New Mexico has had no problems issuing or renewing licenses, but the program that 'talked' to the ASC program has crashed and nobody bothered fixing it. Our state board is good and well meaning, but grossly understaffed.

Not knowing this, in January, I wrote an email to our state board inquiring why I've never shown up on the National Registry. I reached 'Certified' status in May, and paid my National Registry fee. Never heard a word.

When I applied for my FHA certification, I was told it didn't take too long. Shortly after that, a Realtor friend of mine calls and wants me to do an appraisal for their upcoming FHA deal. Great, but let me make sure I'm OK to go by then. I call FHA and they are really helpful, but can't do a thing with my app until I show up on the registry, even if my state board verifies that I meet all the requirements and explains thier snafuu. (which by this time, I've called them and found the reason for my absence from the registry) The head of our board offered to do this, he called FHA, he spoke with the folks at the ASC, nope! They won't update anyone until the state sends all the update information for approximately 2000 licenses. I can understand the want to treat all licensees fairly, but there wasn't a large number of licensees in NM awaiting their FHA certification. Evidently, I may have been the only one because this hadn't been a problem worth tackling from April of 2001 until now.

I was pretty peeved that the computer problem and the stubborness of ASC was keeping me from doing FHA appraisals. But the ASC wasn't keeping me from doing ANY business. FHA took a 'it's not in our control, Sorry.' stance regarding the ASC in my case. With your case it's your entire license. Give 'em he!!, Ben.

 

[Joe Birrell (NY)]

Ben:

You let the cat of the bag, now NJ will be flooded with appraisers from
out of state, and they probably won't even charge a trip fee.
Regards,

Ranting Joe

P.S. I was wondering why lenders from NJ were calling me.

 

[Austin]

I think what you guys are witnessing is a collapse of the government bureaucracy. This is just the beginning. The state of Virginia has been owing me an appraisal fee since October. I wrote them in November and they said they had not paid because they didn’t have my Federal ID number, so I sent them my SS number. Then at the end of December I got a letter saying they didn’t have a W9 form on record. So I filled out the W9 form with all of the questions about my race, form of ownership, etc., and I sent it in. Wednesday I was looking through past dues and it still had not been paid, so I sent them a letter. I got an e-mail from them yesterday saying they had mailed the check in December but that it had not cleared. They had my correct address. The truth of the matter is that the state agency that owes me the money doesn’t have the money to pay up. They are stalling as long as they can. Virginia is broke!
Just this morning there was an article in the economic news about Alan Greenspan’s report to congress this week. You talk about double speak! Here is a paraphrase of what Greenspan said. Read it very carefully to see the double speak: “If the social security trust fund runs out of money to pay beneficiaries, there is no viable political solution to handling the situation and the payments will have to be made out of the general fund.” What exactly does that mean? It means the chickens have come home to roost and after 2016, if not much sooner, somebody ain’t going to get their monthly check. If they do get a check, guess where the money is coming from? Every two people working will have to support one retiree and sale taxes will be out the roof. This whole SS scheme was predicated on a continual growth in the GDP of around 4% compound, and it is not happening. As Al Gore once said: "You ain't seen nothing yet!"

 

[Farm Gal]

Austin:

Yah and isn't it special how any windfalls that come into the hands of retirees get spent real quick: because if they have more than that minimum in thier account then they lose all benefits for the enire month or until their net worth falls back down to acceptable levels of broke...

Friend's mom got a $650 check and spent it on binocs, a TV set and other nonsense because the auditors would want to see actual receipts for her idiotic expendatures. (this is OK and by the books)

Instead she could have stuffed it under her mattress... for those months in which her medical bills 'not covered' come to more than her monthly stipend... Really sucks when your "guarunteed" retirement check goes away because the company folded...

Grrreat system

I do not plan on it being around to support me... am raising my child with love such that she may elect to throw me a bone or two in my old age should "All else fail" and I am working hard to see that all else doesn't fail me...

 

[Dale Smalley]

Can you get a temp license in a adjoining state.

 

[jtrotta]

Dale; Yep, but you have to apply :?

Should make that part interesting 8)

 

[Ben Vukicevich SRA]

Dale and J,

All licenses expired on 12/31/01 and were extened to 3/1/02, then to 5/1/02 which the ASC has not accepted. So even if you were an out of state licensee, you have the same expiration date. Everybody expires on 3/1/02, if the ASC does not relent.

As of today, the ASC has not changed the website. I'll check again tomorrow to see if they have granted a reprieve. Me, I intend to keep right on appraising. Civil Wars a'int my problem, man. Got bills to pay and kids to feed. What the ASC would like to do (put me out of business) to spite the NJ Appraisal Board and what they get (lots of law breaking appraisers) are two different things. I'll just hold up my letter from the state that extends my license until 5/1/02 and plead insanity. That should work, after all, I'm an appraiser, right????

Ben