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Who Chooses Appraisers - Video Hvcc

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Mike Kennedy

Thread Starter
Elite Member
Joined
Sep 28, 2003
Professional Status
Certified Residential Appraiser
State
New York
REALTY TIMES ON LINE VIDEO (#2) on the list

http://realtytimes.com/


also..........

WASHINGTON & THE FUTURES OF FANNE & FREDDIE (#9) on the list
 

Dan Umstead

Senior Member
Joined
May 26, 2006
Professional Status
Certified Residential Appraiser
State
Georgia
Good info. I am glad to see and hear that some of our exposure efforts are getting out.
 

Randolph Kinney

Elite Member
Joined
Apr 7, 2005
Professional Status
Retired Appraiser
State
North Carolina
I can't wait for the federal lawsuit to stop HVCC by the brokers.
 

Randolph Kinney

Elite Member
Joined
Apr 7, 2005
Professional Status
Retired Appraiser
State
North Carolina
In order to compete they MUST have their comp checks

Yes, the entire lending and real estate industry has to have a way of guaranteeing value of the deal in order for the loan to go through, starting with the Realtor, AMC, mortgage broker, loan officer, etc.

I can imagine the outcry of paying the appraiser and then having the parties rewrite the deal at a lower value or just flat have the deal die.
 
Joined
Aug 16, 2007
Professional Status
Licensed Appraiser
State
Virginia
Yes, the entire lending and real estate industry has to have a way of guaranteeing value of the deal in order for the loan to go through, starting with the Realtor, AMC, mortgage broker, loan officer, etc.

I can imagine the outcry of paying the appraiser and then having the parties rewrite the deal at a lower value or just flat have the deal die.

Dear Mr Congressional Committeeman.. you must stop this HVCC... I need my bud Skip to do the appraisal so I can close my deal and pocket my commission.
 

Mike Kennedy

Thread Starter
Elite Member
Joined
Sep 28, 2003
Professional Status
Certified Residential Appraiser
State
New York
NO PROB- give em the contract price and make em STARE at it at least every 5 minutes (new SOW RULE):new_smile-l:
 

Joyce Potts

Elite Member
Supporting Member
Joined
Feb 6, 2005
Professional Status
Certified Residential Appraiser
State
Florida
Property values to stabalize and start going up? You're joking.

But then this is a mouthpiece for the real estate sales community, isn't it?

I predict lender pressure on appraisers will become worse because so many people have realized so much negative equity over the last couple of years.
 

MISHEL1066

Freshman Member
Joined
Apr 15, 2008
Professional Status
Certified Residential Appraiser
State
California
AMC's Have Their "favorites" Too

:fiddle:DONT THINK FOR A MINUTE THAT THE AMC's ARENT IN BED :huh:WITH THEIR FAVORITE APPRAISER OR APPRAISAL COMPANY

IS THE HVCC GOING TO AUDIT THE AMC's THAT GIVE 100'S OF APPRAISAL ORDERS TO ONE COMPANY BECAUSE THEY GIVE THEM A SPECIAL "DEAL" ON THE AMOUNT THEY CHARGE?
IT HAS NOTHING TO DO WITH HOW CLOSE THE APPRAISER IS TO THE PROPERTY OR HOW COMPETENT THEY ARE ITS ALL ABOUT THE BENJAMINS....
ITS BECOME NOT ARE YOU A GOOD APPRAISER BUT HOW LOW ARE YOU WILLING TO COME DOWN ON YOUR FEES TO GET THE JOB.....:nono:
 
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