Hello Fellow Agents,
I was wondering what everyone is experiencing with the new HVCC system.
Are you happy with it? Do you hate it? Have you had any mishaps?
I am just wondering because we submitted for an appraisal over two weeks ago
(for FHA loan) and we have not even had contact from the appraiser, nor has any
appraiser been out to the house.
I am very concerned that the new system is going to cause LONG delays
and the appraisals are not going to get done quickly or even in a timely manner.
The lender told me he submitted an appraisal for a conventional loan and
he had a date to go out to the property and completion date with four days. So, I
was concerned if there is a glitch in the request for FHA appraisals. Apparently,
most conventional lenders have been using this system for some time.
Any information or input would be appreciated.
Thank you, Tammy Brooks