Since the inception of the HVCC in May, one thing has become clear, AMC's (Appraisal Management Companies and Banks are starting to require expertise, experience and closer proximity to the subject property being appraised. Why? Because Realtors, Buyers, Sellers and Mortgage Brokers are demandin
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10/12/2009
As an appraiser, I really get mad when a Loan Officer, Realtor, Buyer or Seller calls and says, hey can you just run some numbers and see how much a home is worth cause I don't want to have to pay for an appraisal if the deal wont work!! In other words....I want YOU to work for: Well finding out
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10/02/2009
As a fellow Chicagoan transplanted to Georgia I am bummed that the 2016 Olympics will not be hosted by Chicago. Would have been a good reason to go back home for vacation that summer. But hey Chi Town cannot compete with RIO when it comes to BEAUTY!!! Chicago was eliminated on the first round of
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10/02/2009
Yes it is true, just yesterday, September 18th FHA sent out a Mortgagee Letter to all lenders that they are adopting HVCC in most of its current form. By now most of you know about HVCC, if not please check my previous blogs on the subject. Fannie Mae adopted HVCC (Home Valuation Code of Conduc
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09/19/2009
Lake Lanier Blog Lake Lanier Sales Statistics for 2009 First Half...We have hit bottom! September 15th, 2009 1:24 PM Here are the long awaited Lake Lanier Sales Statistics for the first Half of 2009. These include only those homes that have individual boat docks or permits in place. They do not i
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09/15/2009
I really hope this makes the featured blog as I want to pay it forward to a special business man. Steve Burge with www.LakeLanier.com. I am wearing my Radio Show Host hat rather than my Appraiser Hat with this post. The news is so depressing these days and aren't we all sick of the big companies
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08/06/2009
As an appraiser we have noticed one thing is certain. The office is free of phone calls! We rarely get calls anymore asking about values, what do you think the home will appraise for, etc., etc. The orders just come in via email or fax and away we go! I cannot tell you how nice it is not to have
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07/01/2009
Unless you have been under a rock this year, you know about the HVCC regulations that were effective as of May 1st, 2009. If not, please go to my blog, I have several blogs on this topic. Gone are the days when a mortgage broker can call up an appraiser and ask us to "check the comps" to see wher
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06/04/2009
Well we made it through the first month of the new HVCC regulations! I have used some of my time to speak at Real Estate Sales Meetings about this new regulation and how the Agents can be proactive in this situation. Please see the handout below that I gave to each Agent. The meetings were very
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05/30/2009
As you should know by now, HVCC (home valuatin code of conduct) took effect on May 1, 2009. If you do not know what I am talking about, please visit my past blogs on the subject. Everything you need to know about HVCC's but were afraid to ask. I have already had a person coming to me from my Acti
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05/03/2009