God Bless you. This guy is #FakeNEws

Conversely, respectfully I am exceptionally offended by the “Dubbed Great Recession” and associated speculation. FACT is you don’t know what will happen. I think we all need to be extremely careful not to be a cause of panic.

Some appraisers are seeing a decline; others are seeing huge volume. The federal government and GSEs are doing what they can to keep the RE market functioning. Solutions to problems after take more than a day or two. Be patient.

Cash out refinances and purchases require interior inspections in most cases. Rate and term refinance does not. One represents new funding and exposure to GSE investors. The other reflects seasoned existing loans and borrowers simply looking for better rates. Generally on performing loans. The risks are very different.

Many appraisers are willing to continue property inspections. I would do so if I did any UAD work at all anymore. I will continue to do commercial and industrial and legal consultation whether it requires interior inspection or not. Taking reasonable precautions; although it is also possible I have already had covid. Cant tell for sure until antibody testing becomes more widespread.

I don’t downplay the risk at all. Nor do I urge others to take the same approach I do. Their family vulnerabilities and concerns are certainly different than my own. Whatever choice appraisers make just be safe.

PLEASE though, let’s not create our own self-fulfilling prophecy where irresponsible media may pick up posts and translate & report them as “America’s Appraisers Warn of Imminent RE Market Collapse.”

You mentioned; ‘basic rules’.

I’ve got a special image cartoon for that one!

That’s great Julio. Many regular grocery and retail workers are getting a ‘hero bonus’.

I gave myself a permanent raise 3 or 4 years back by simply refusing to work for amc’s.

Several agents have told me stories of appraisers whom actually ditched out, multiple re assignment rounds, until the request landed with me and finally fulfilled. A few of the orders I fielded had been through assignment rounds for well over a month.

I went to the grocery store and total beverage without a mask on. Guess what happened. Nothing. I’m fine. We ate brownies, bacon and eggs, grilled rib eyes. Last night I whipped out my famous over the top 2 pounder hot pepper burgers and finished with my favorite beer and whiskey. Those puppies are so big, they take 2 of the long toothpicks to hold them together. “It is not length of life, but depth of life.” Emmerson. With the supposed fear of death right around the corner, I’m not going to stop living. Rather, I turned up the volume.

The other side of the coin is people could give a hoot what the government is telling them to do, they’re going out there into the world and pursuing their own interests anyways. First timers are rushing the actives, older people are staying in place. Volume of listings is down but interested younger buyers are feverish and present in high quantities. Multiple offers are flooding in. When a person calls a mortgage lender, that mortgage lender still answers their phone. Price will be effected and perhaps price will come down into better alignment with realistic value. Regular people with regular jobs should be able to afford regular houses.

People who are not ‘worthy worker’ types, will simply rush into a qualified profession. Everyone is going to be a part time realty sales person, volunteer food bank person, medical care provider, guess who just got into the buds and alcohol business! The government is going to force people into a state of criminality and fraud to retain their liberties. This is the cruel choice when law is no longer based on morality.

The roads are full, parks busy, people are shopping wherever shopping is open. They’re acting like mind controlled zombies wearing gas masks to the grocery store, then boldly walking out with those cans and bags of food they took from the contaminated locations, bravely taking them into their homes where they take those masks off! They went mad all at once but one at a time, we’re going to get them back, show them reason, and remind them that liberty is too big to fail.

That’s wishful thinking Cotton. Let’s talk about the fed’s balance sheet for better perspective on upcoming liability shifts, and future access to these financial systems.

https://www.zerohedge.com/markets/feds-balance-sheet-other-exponential-curve

These permission to work admissions are declarations of nobility. The QE is counterfeiting of our money. These corporate giants will shift liability through expost facto rule changes. The Fed just promised reprisal for everyone. Know your history or be condemned to repeat it.

You can catch me around town spending Continental Dollars.
https://en.wikipedia.org/wiki/Early_American_currency

“What happens when everyone needs a bailout at the same time”.

Since when do I need the government’s permission to have liberty? I’m not staying at home. I’m not living in fear of a germ. I’m not going to be getting any vaccines or sacrificing my liberties. The root cause of our economic woes, audit the fed. This is discrimination based on employment type. This is unconstitutional restrictions of liberties imposed by authoritarians. Examined the daily birth and daily death rate normally, there has not been any significant changes to the avg daily death rates except from within a few limited groups of susceptible persons. Even then the shift is rather unremarkable in the bigger picture of total populace. Now to try and continuate this illusion, everyone who dies of anything, if they happened to have Covid-19 (TM), are written up as a Covid-19 (TM) death. Fall off a building even if you were A-symptomatic; Covid-19 (TM) death!

The very last place we turn to for health advice is the government. They’ve lied and rubber stamped everything for so long, the mechanisms of government health protection have long since been broken. We did not trust them when they said these things were safe; gmo tech, pesticides in food, poisons in water, unrestricted pollution, dangerous household chemicals, toxic adjuvants in vaccines and medicines, addictive substances sanctioned by big pharma, high frequency radiation, and the list is really endless. We are not turning to government for advice or guidance on this new strain of the coronavirus-19 (TM) flue either.

You’ve all had coronavirus before. If you’ve had the flu, you’ve already had one of the multitude of coronavirus strains. Be careful what you wish for and who you trust or you’ll be living under authoritarian new world order rule tomorrow. And how convenient that after 10 solid years of dedicated activism which was reforming the foods, the medicines, the corporations, the pollution and fuel systems, the news sources, the monetary systems, suddenly all that can be wiped away, big corps can take control again, and the people will once more trust government exclusively? A windfall of renewed profiteering is on the horizon, everyone is tuning back in, small competition is being shut down, and people are literally begging for the government to step in and impose new authoritarian rules to save them from themselves.

Talk about who’s profiting from Covid-19 (TM). We could all lose everything if we allow our liberties to be restricted. This ends when we demand it ends. Stop living in fear and get back out there. “Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery?”

Not allowed in PA or Indiana.

But heck, go ahead and explain how “market value”is found in the “open and competitive market” that would result in a “fair sale”, when everyone else is ordered to stay home, and even the appraiser is afraid to go into the house.

Sure, re-read all those things “implicit” in the URAR pre-printed definition of market value.

Rick,

Please refer to Gramm-Leach-Bliley. I believe appraisers are classified as “financial institutions” therefore MAY be exempt from the governors order. Just thinking.

Please see this from our State Board Website:
https://www.dos.pa.gov/ProfessionalLicensing/BoardsCommissions/CertifiedRealEstateAppraisers/Documents/Special%20Notices/Limited%20Guidance%20for%20Appraisers,%20Notaries,%20Title%20Companies,%20and%20Home%20Inspectors.pdf

Combat pay is not open only to combat soldiers. Any person enrolled in a branch of the U.S. military who is assigned to a designated hazardous area is eligible to receive combat pay. Spending as little as one hour on duty in a hazardous zone qualifies for an entire month’s combat pay.

They are all working from home but it appears that they truly view the appraiser as expendable (they want us to chance it). Fortunately my house has been paid off for 15 years, I have no debt and plenty of money in the bank, so I can ride it out. If the investors (Wells/Chase) do not care what VA/FHA/FNMA have said, will these same investors jump on board with the hybrid appraisals down the road?

Does Jamie Dimon CEO of JPMorgan Chase work from home? Dimon’s compensation package includes $1.5 million in salary and $30 million in performance-based incentives. Of the $30 million in incentives, $5 million will be delivered in cash and $25 million will come in stock compensation. Mr Dimon are you following the guidelines and staying at home to protect yourself and others. When your company wants the appraisers to go into other peoples homes.