No Appraisal Needed

[J Grant]

boo hoo the truth hurts...I did not design the petition and a partisan reference would have been better off left out, still, any excuse not to do whats right could be on the table. The petition won't matter anyway, the prior petition to stop lender coercion about value did not work pre crash either,...America is becoming one of the least trusted nations for corrupt business practices, Enron, Madoff, the bad loans in housing market collapse...why stop there let the tradition continue. Becoming a nation of the homeless , transient renters and a small elite class who own a larger and larger share of the properties.

Each year more USA residential housing is no longer owner occupant but flip sale bait or bought for rental income, result priced out of reach for avg Americans as well as cities and prime areas many foreign investors purchasing. As more Americans earn less money fewer will be able to afford to be homeowners. Where are all the millennial buyers? How can people working gig jobs living with parents afford a home...they're still not entering the buying force and likely never will, until their parents die and leave them $ (if they haven't drained it all by then )

 

[Pittsburgh Pete]

"While the current administration clearly believes in deregulation...." So this statement of fact is a "partisan political reference?"

 

[George Hatch]

No problemo

You guys clearly don't think you need my support, so I'm sure it won't matter to you when I decline to support a petition that was worded that way.

 

[chad hampton]

I'd still sign it, even if it bad-mouthed Jesus. I sure as hell won't let a reference to trump stop me.

I'll never put politics over my livelihood.

 

[Mike Kennedy]

boo hoo the truth hurts...I did not design the petition and a partisan reference would have been better off left out, still, any excuse not to do whats right could be on the table. The petition won't matter anyway, the prior petition to stop lender coercion about value did not work pre crash either,...America is becoming one of the least trusted nations for corrupt business practices, Enron, Madoff, the bad loans in housing market collapse...why stop there let the tradition continue. Becoming a nation of the homeless , transient renters and a small elite class who own a larger and larger share of the properties.

Each year more USA residential housing is no longer owner occupant but flip sale bait or bought for rental income, result priced out of reach for avg Americans as well as cities and prime areas many foreign investors purchasing. As more Americans earn less money fewer will be able to afford to be homeowners. Where are all the millennial buyers? How can people working gig jobs living with parents afford a home...they're still not entering the buying force and likely never will, until their parents die and leave them $ (if they haven't drained it all by then )

Millennials lead all other generations in buying homes | 2018-03-14 ...

https://www.housingwire.com/.../42748-millennials-lead-all-other-generations-in-buyi...
Mar 14, 2018 - Millennials held the highest share of home buying activity out of all other ... Over the past year, the typical Millennial homebuyer had a higher ...

 

[Pittsburgh Pete]

Well I suppose if the pillar of the current administration's policy is to reduce regulation, that does make it a partisan political agenda.

 

[George Hatch]

Lemme put it this way: if I was really interested in rallying the maximum amount of support for these ideas and submitting the results to the decision makers on this issue I would have oriented my pitch to do that; not towards pissing the decision makers off or alienating the 45% of everyone who aren't LARPing as NPCs.

 

[Mike Kennedy]

https://www.washingtonpost.com/sf/brand-connect/nar/the-millennial-home-buying-effect/?noredirect=on

 

[Pittsburgh Pete]

https://www.nytimes.com/2018/10/16/us/politics/npc-twitter-ban.html

Way to be current!!!

 

[glenn walker]

"While the current administration clearly believes in deregulation...." So this statement of fact is a "partisan political reference?"

** THE POSITIVE is Certified Appraisers in lower cost areas will be able to do non-complex commercial and income, and in some States that $400-K threshold will allow a lot of guys and gals to brush up and take small commercial from the CG'S at Lower fee's and faster turn-times, So this along with Hybrids, Limited reports, non-lender could be a new business model.

Unfortunately for me we have almost no commercial or income for $400K or less so I am kind of screwed. POLITICS : NO The major money center banks and the GSE'S under all administrations in the last 20 years have been working on this. The mortgage meltdown of 2008 simply slowed the process down but with the UAD and Data collection and the new technology the old appraisal model is simply becoming antiquated.