Capuano Appraisal Services blog

A Bill has been introduced recommending a moratorium on the HVCC code.  It appears that the governement is finally understanding that they may have caused more problems then they eliminated.   Unfortunately, many of the AMC's are giving work to the lowest bidding appraisers.  This is causing the least experienced (who will work for low pay) appraisers to do the majority of appraisal work.  Also, appraisers are taking jobs outside of there  local area.   All Good appraisers know that you can not sustain a business and provide quality appraisals (which everyone wants) for half of the typical fee. I am a Realtor and an Appraiser so have experienced this first hand.  I had a sale, and the appraisal process (time delays and bad quality) almost ruined my deal.   The spirit of HVCC is good, but the reality is not working.  The rules were already in place for appraisers (USPAP) before HVCC.  They should have just spend some time enforcing the current rules!!!!  Good appraisers are being run out of business in favor of low quality low cost appraisers.  This is crazy.  Maybe everyone should bid there medical problems out to the lowest cost least experienced doctors.   We could have brain surgery from people with no experience.  (at least if would be cheap)  lol