BK Appraisal Services
Real Estate Appraisal in Virginia Beach, VA
Enacted May 1, 2009, the Home Valuation Code of Conduct (HVCC) is a set of rules for the mortgage lending and real estate appraisal industries. The intended purpose of the HVCC is to protect appraiser independence and prevent pressure from being applied to appraisers to provide a desired property value. Ultimately, these safeguards are intended to protect consumers. Even though there has been considerable debate about the unintended consequences of the HVCC, compliance is required for all loans backed by Fannie Mae or Freddie Mac.
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BK Appraisal Services
read moreIt doesn't matter what type of real estate you possess. Our ongoing analysis of local real estate trends and education as licensed appraisers make us qualified to provide home valuations in Virginia Beach City County for clients ranging from national mortgage companies to local lenders or individual businesses and consumers.