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Contact the JustNewListings.com Team for Northern Virginia/Washington DC real estate

If you have any questions or need more detailed information, please feel free to contact us at 703-624-3270 or fill out the form to let us know how we can help with your real estate needs. Being a very busy person---I must tell you email is best so I don't miss the message can paste it on my calendar.

Office Location 1100 N Glebe Rd #1010,
Arlington, VA 22201
Phone: (703) 224-8031
Fax: (703) 224-8121

Tagged : appraisals

There are currently 1 blog entries matching this tag.

Buyers Get Slapped Around with Terrible New Appraisal HVCC Rules and AMCs

Wednesday, June 10th, 2009 at 11:09am. 2836 Views, 37 Comments.

Buyers Pay More $$$ for Slower and Less Accurate Appraisals With New HVCC Rules and AMCs--DRAMA!

So the new HVCC (home valuation code of conduct) came out May 1, 2009 and have had a profoundly negative impact on consumers, appraisers--at the least the best, most established ones, real estate agents and sellers.  yes you heard that correctly--sellers are being hurt by this overreaching by a federal bureaucrat Andrew Cuomo who himself received big $$$ from AMC (appraisal management company) interests.  

 bogus_amc_hvcc_rules_hurt_buyers_consumers_500 

 Now most large lenders are being required to use AMC--appraisal management companies--to get appraisals done.  The AMCs are a 3rd party--an extra layer of bureaucracy for consumers to pay for and wait for--through which lenders now order appraisals. …


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