Since the HVCC appraisal system has been implemented appraisal fraud is up in spite of the new laws setup to avoid just that. It’s said that properties are being valued higher than their true value (interesting as my experience is the opposite). TBWS (my favorite morning video news guys in the link below) have something to say about this! I would like to say AGAIN how HVCC has complicated the process of home buying. If your lender isn’t on the ball the appraisal delays can kill a deal; a GOOD LENDER IS CRUCIAL TO THE SUCCESS OF YOUR HOME PURCHASE!