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Submit the attached petition (Which was posted on appraisersforum.com)
To: Mr. Ben Henson - Executive Director
cc: Other state or federal agencies with authority in the following matter
“The ASC’s mission is to ensure that real estate appraisers, who perform appraisals in
real estate transactions that could expose the United States government to financial loss,
are sufficiently trained and tested to assure competency and independent judgment
according to uniform high professional standards and ethics.” From the ASC website.
The concern of this petition has to do with our “independent judgment” in performing
real estate appraisals. We, the undersigned, represent a large number of licensed and
certified real estate appraisers in the United States, who seek your assistance in solving a
problem facing us on a daily basis. Lenders (meaning any and all of the following: banks,
savings and loans, mortgage brokers, credit unions and loan officers in general; not to
mention real estate agents) have individuals within their ranks, who, as a normal course
of business, apply pressure on appraisers to hit or exceed a predetermined value.
This pressure comes in many forms and includes the following:
We request that action be taken to hold the lenders responsible for this type of violation
and provide for a penalty on any person or business who engages in the practice of
pressuring appraisers to do dishonest appraisals that do not provide for independent
judgment. We believe that this practice has adverse effects on our local and national
economies and that the potential for great financial loss exists. We also believe that many
individuals have been adversely affected by the purchase of homes which have been
over-valued.
We thank you for your cooperation and assistance.
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Signed by:
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Sign this Petition Your name and any comments you make will be added to those that have already signed. |