Realty Inside Neighborhood

With all the changes that have occured over the past year many appraisers, realtors and mortgage loan officers have discovered the HVCC law do more harm then good. HVCC intended to prevent appraisers from being influenced to "push" values to make a deal work has had dire consequences. Loans are taking longer to close, it is harder to qualify for loans and it is costing buyers/homeowners more money. Also many appraisers feel the appraisal management companies have taken over the industry who are run by either the loan companies or run by people who have little to no knowledge of real estate appraising. In the meantime there have been many polls taken indicating that the HVCC law has not prevented appraisers from being influenced.

For my appraiser colleagues, I would like to suggest every appraiser in America join the American Guild of Appraisers. This is an appraiser union which will give us the backing and voice to stand up in Washington and help us regain our business. If you would like more information let me know and I will give you the information on how to join.

If you are in the real estate industry or have applied for a mortgage and felt the affects of the HVCC law, I would like to hear your story. Then I would like you to forward your story to Andrew Cuomo's office info@andrewcuomo.com  and let him know how his law affected you.