What the HVCC(Home Valuation code of Conduct)

Means to you, the [currently] independent Appraiser

Are you aware that the HVCC goes into effect May 1st, 2009? Do you understand the implications for your business?

What is the HVCC?

Simply put, the HVCC will change the appraisal industry. We have been among the many publicly opposing this legislation. Let's face it- professional to professional, the HVCC adds an unnecessary layer of cost, complexity and potential problems which will all inevitably be passed down to the consumer. It's just a bad idea- certainly, the problem is worth fixing but not like this.  However deserved the criticism, we believe that the HVCC is unstoppable. Why? We offer just one good example: the ban against Nehemiah style DPA programs. That legislation also had hundreds of thousands of signatures opposing and a lot of funding against it, yet still passed.

As the independent appraiser, your skill and client base which has allowed you to survive this difficult market may be threatened. Of course, the HVCC does not apply to FHA loans, and there is a chance(slim) that it may not pass. It is, however, a sure thing that Conventional loans will be affected. You are asking yourself many questions, such as What do I need to do in order to be in compliance and, How am I supposed to make a living this way?

Let us show you. Some Appraisal Management companies charge huge fees. Ours are some of the most reasonable in the nation. We are not your enemy and offer a technical solution second to one. 10 minutes gives you a 100% free account by which you can be assigned orders from any lender in the nation. Our system guarantees compliance with new requirements of USPAP. Best of all, you will still be able to retain your client base- just the process will be ran through one more point.

Face the facts. Don't gamble with your livelihood. Affiliate yourself with Virtue Appraisal Management and make certain you can conform to the HVCC. By making yourself an approved appraiser with VAMC, you can show current or potential clients that you are thinking ahead and prevent them from being solicited by other AMC's. We are not a huge corporation, just a loose group of appraisers and industry veterans who understand that now more than ever, connections are worth their weight in gold.

Virtue Appraisal Management requires a Mercury account for appraisers. Click here to read the Appraiser FAQ page prior to contacting us.

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If you have read the VAMC Appraiser FAQ and would like to apply, do not use the form below; download the Appraiser Application here