Virginia Regulatory Town Hall
Agency
Department of Professional and Occupational Regulation
 
Board
Real Estate Appraiser Board
 
chapter
Real Estate Appraiser Board Rules and Regulations [18 VAC 130 ‑ 20]
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5/19/08  7:27 am
Commenter: Taffy Severs-Horner

AI Ready Forms
 

I am an appraiser and object to the use of  AI Ready Forms and portals. I have experienced the unscrupulous removal of my signature and revaluation of appraisals that I have done. It is unfair for appraisers to continually be scrutinized as the culprit in the recent real estate fiasco when it is the multitude of predatory lenders who have created the problem. Although there are many reputable and fair lenders, there are also many who continue to create requirements and push for regulations for the appraiser . Many appraisers are finding if they adhere strictly to USPAP and appraiser guidelines, they cannot maintain relationsships with lenders and thus their livelihood suffers. These new requirements for  AI Ready Forms is just another way for the dishonest to make their living at the appraisers expense.  All reports should be secure from revaluation and removal of signatures for any reason.

CommentID: 1495