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Tag Archives: Appraisals
Home appraisals still fraught with uncertainty despite new code of conduct
Last year, the Federal Housing Finance Agency (FHFA), Fannie Mae, Freddie Mac, and the New York State General Attorney created an agreement titled the Home Valuation Code of Conduct (HVCC), which prohibits lenders, mortgage brokers, and real estate agents … Continue reading
Posted in Home Economics, Keepin' It Real Estate, Mortgage News
Tagged Appraisals, Fannie Mae, FHFA, Freddie Mac, HVCC
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Sacramento County Assessor’s Office Reduces 170,000 Property Tax Assessments
Welp, Sacramento County property tax bills were issued this week…the Sacramento County Assessor’s Office put out a press release today stating that over 170,000 of the bills issued reflect reductions in the assessed value. The Assessor’s office is still entertaining … Continue reading
CALIFORNIA TIGHTENS HVCC GUIDELINES
Arnold Schwarzenegger passed SB237, which tightens the Housing Value Code of Conduct. While it certainly doesn’t take care of the many issues that have resulted from these guidelines, it does take a step in the right direction. Appraisal management companies, … Continue reading