Comments on: Appraisal Waiver Programs… A Risky Business https://appraisersblogs.com/appraisal-waiver-programs-concerns Appraisal News and Tips for Real Estate Appraisers Mon, 17 Aug 2026 03:54:15 +0000 hourly 1 https://wordpress.org/?v=7.1 By: Carl https://appraisersblogs.com/appraisal-waiver-programs-concerns/#comment-17583 Tue, 12 Sep 2017 07:13:39 +0000 https://appraisersblogs.com/?p=15301#comment-17583 It’s good to finally see many appraisal organizations uniting and pushing one agenda. Thank you ICAP and others!

]]> By: Ralph https://appraisersblogs.com/appraisal-waiver-programs-concerns/#comment-17569 Fri, 08 Sep 2017 20:11:54 +0000 https://appraisersblogs.com/?p=15301#comment-17569 This Grinds my Gears! Whenever the lending industry complains about the so called appraiser shortage & time it takes to complete the appraisal, they NEVER ONCE mention that the AMC’s spend spend 1-2 weeks price shopping for the cheapest, then they place all the blame on the appraiser for any delay.  This business model is their ultimate demise!

]]> By: Mike Ford, AGA, GAA, RAA, SCREA, Realtor® https://appraisersblogs.com/appraisal-waiver-programs-concerns/#comment-17568 Fri, 08 Sep 2017 17:42:16 +0000 https://appraisersblogs.com/?p=15301#comment-17568 Great work ICAP and others. AGA will be sending similar correspondence from a slightly different but conceptually concurring perspective.

MBA is now pressing the VA to adopt similar policies including PIWs for the same old (false) reasons. Appraiser shortage meme being promoted to falsely claiming appraisal related delays result in Veterans being deprived of financing opportunities.

Why they make it sound downright unpatriotic to be opposed to PIWs!

No mention about the reassurance and protection against over payment a vet receives from having a competently performed appraisal. Nor do they address the fact that in both conventional financing and guaranteed VA financing that appraisals are not even ordered until all approvals and background checks are completed and the loan is placed with specific investors.

MBA, ABA, and NHBA if you really want to speed up the escrow and funding process THEN ORDER THE APPRAISAL IN THE BEGINNING instead of the last three days before funding is scheduled!

By the way, are you folks returning fees already paid by veterans and others for appraisals when credit comes back negatively and you never order the appraisal?

…or do you just pocket the money?

]]> By: EJ Brown https://appraisersblogs.com/appraisal-waiver-programs-concerns/#comment-17566 Fri, 08 Sep 2017 16:12:19 +0000 https://appraisersblogs.com/?p=15301#comment-17566 Get ready for list prices and seller paid concessions to go through the roof.

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