Help the Appraiser Kill Your Deal

11.04.2009

The Home Valuation Code of Conduct (HVCC) has been solely blamed for all appraisal values are low. While it definitely hasn’t helped the situation, it doesn’t hold true for every home. There are other ways to negatively impact the appraisal.

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Is MBA telling the full story?

10.27.2009

According to a recent press release from the Mortgage Bankers Association, government insured loan applications (FHA & VA) dramatically increased to 35.9% for the month of June. That’s more than a 10 percent increase from the prior month. Since the survey’s inception nearly 20 years ago, the lowest recorded share of FHA & VA applications was 5.8 percent in August 2005.

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Impact of the HVCC

10.22.2009

It isn’t hot-off-the-presses news anymore that the Home Valuation Code of Conduct (HVCC) has really affected real estate transactions. But the National Association of Realtors wanted to find out how serious the problem really is.

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Who Enforces the HVCC?

10.18.2009

The Home Valuation Code of Conduct (HVCC) between lenders and appraisers went into effect June 1st. There’s been many comments recently about how real estate transactions have been affected. But when there’s a problem with someone not following HVCC guidelines, who enforces the complaint?

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StreetLinks Guarantee is Useless

10.14.2009

Indianapolis based appraisal management company StreetLinks has established a $1,000,000 fund to pay a performance guarantee to its clients, saying that it ensures their appraisals are consistent and accurate.

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