Why is important to get rid of HVCC? We’ll let’s start at the beginning shall we…? A long, long time a ago in a distant parallel universe someone got the idea that loaning money to unqualified buyers and then reselling the loans as investment vehicles was a great IDEA! So good in fact, that if you could fog up a mirror and one of the three blind mice could vouch for the properties value that you were buying than you could get a loan. And not just any loan I mind you! I loan that is … [Read more...]
Why is it important to get rid of the new “Home Valuation Code of Conduct” or HVCC?
October 31, 2009 By Leave a Comment
New Appraisal Rules are now in effect!
June 24, 2009 By Leave a Comment
New Appraisal Rules are now in effect!Just when you thought Real Estate in Loudoun and Fairfax County could not get any freakier. Well, the new appraiser rules are now in effect! So, what does this mean for you! Well, if you are thinking of buying or selling a home in Loudoun, Fairfax, Alexandra or anywhere in-between you will be affected.Here are the highlights of the new appraisal guidelines (also some tips and pit falls);• The days of the lender directly calling the … [Read more...]
Chuck Rifae Associate Broker PenFed Realty Group 571-207-6390 Entrepreneur, Real Estate Broker, Avid runner, and soccer dad! 
