"Focus on Building & Real Estate" piece on the Home Valuation Code of Conduct, n

Jackie Farwell

Source

Mainebiz

Date

7-27-2009

Pages

1, 18-20

Abstract

"Focus on Building & Real Estate" piece on the Home Valuation Code of Conduct, new appraisal rules that were designed to make the appraisal process more transparent after the mortgage meltdown. The consensus among appraisers is that HVCC is bad for both business and consumers. Appraiser Ed Millet of South Portland says he lost a quarter of his business as a result of HVCC. With details on the code and results of a poll of members of the National Association of Realtors on the new rules.

Subjects

Home Valuation Code of Conduct, Real estate business

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