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Virginia Regulatory Town Hall
Agency
Department of Professional and Occupational Regulation
Guidance Document Change: Providing guidance to real estate appraisers and AMCs on the use of hybrid appraisals
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6/24/19  12:34 am
Commenter: John Egly

Hybird Appraisals
 

The appraiser should be the one that inspects the property not a third party. If the appraiser has the reasonability of reporting a value for that property and the inspection is wrong then the appraiser is hanging out on a inaccurate value.  It just does not make any sense to change a good product (1004) with a product that would harm the appraisal industry. Lets hope that FANNI MAE can see that before it is to late!     

CommentID: 72651