How the Home Valuation Code of Conduct (HVCC) May Affect Your Appraisal

The dreaded words being bantered about in real estate right now are the Home Valuation Code of Conduct (HVCC).

I don't know of a single real estate agent nor mortgage broker who likes the new HVCC rules for appraisals. It's turned our entire industry inside out in Sacramento and across the nation as well. The Home Valuation Code of Conduct is causing headaches for home sellers and home buyers alike.

The HVCC was intended to help but it's created a monstrosity. The new appraisal process hinders transactions, puts appraisers out of business, costs home buyers more money and, simply put, it's a disaster . . . read more about Home Valuation Code of Conduct (HVCC).

More Articles by Elizabeth Weintraub:

• Dealing With Low Appraisals
  
• Loan Approval Mistakes
  
• How Foreclosure Sales Affect Appraisals

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