http://www.realestateappraisertips.info/ – Real Estate Appraiser Tips! Sacramento Home Appraiser: One Year of HVCC & My Son’s Birthday.
Sacramento Real Estate Appraiser, Ryan Lundquist, has posted his experience after one year of HVCC here: One Year of HVCC & My Son’s Birthday! Here’s a snippet below:
“It’s my youngest son’s birthday tomorrow and it’s also the one-year anniversary of the Home Valuation Code of Conduct. People ask me all the time what I think about HVCC, so I figured on the eve of twelve months of HVCC, it would be appropriate to have a little discussion. In short, I think the Home Valuation Code of Conduct has been difficult for the appraisal industry, the consumer, and the real estate industry.
1.) Appraisers definitely make less money now for loan work. I know, who cares, right? But listen between the lines because what if the government stepped into your industry and said you could no longer do business with clients you’ve had a relationship with for years. Many appraisers have gone out of business because their client-base was swept under the rug last year when HVCC was implemented.”
Read the rest of the article here!
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