Richard Glesser's (richardglesser) Blog

I received the following e-mail and letter this afternoon regarding national legislation which would retire HVCC.  This would have a major beneficial impact on appraisers, Realtors, and mortgage originators.  Please take a moment to read and take some action.  Your transactions of next year will ...

The following comments were also received from colleagues during the past week.  I hope mortgage brokers who sell to Chase will take notice.  This is a company that exists today due to taxpayers bailout!  The public as well as our legislators NEED to be aware of these practices!   Tim is telling ...

The following was just received from another colleague who sits on Michigan's State Board.   OK, I can't make this stuff up any more. And you wonder who is working for Chase. Did you know that Chase is the #1 filer of complaints in all 50 states for appraisers.          Chase top 5 corrections re...

Just received this e-mail forwarded by a colleague.  Hard to believe when normal fees in my market area are $375-450.  Posting this to allow all to see the effects of HVCC and AMCs. Dan,   It amazes me that any qualified or competent appraiser would actually agree to what you offer and it amazes ...

For the second time this year, I've noticed Realtors from downstate listing properties in Northern Michigan.  This after all of the uproar about out-of-area appraisers producing poor reports due to lack of local competency.  One must question the motivation of the listing agent and how well the c...

The following was sent to me through a network of appraisers and was submitted by Dave Town of Washington.  It sounds a warning of things to come.  As commented by another appraiser, smaller lenders often follow the leads of the large ones.  If this is not stopped immediately by appraisers refusi...

Northern Michigan is the home to the largest free-ranging elk herd east of the Mississippi River.  These very large and magnificent creatures roam the woodlands from roughly I-75 on the west to Alpena County on the east and to the north of Gaylord.  While Atlanta in Montmorency County, located on...

Gaylord is gearing up for what has become one of the nation's premier Christian music events, the Big Ticket Festival.  Held at the Otsego County Fairgrounds, the Big Ticket Festival features several stages with continuous musical entertainment from nationally acclaimed Christian performers.  Fes...

Toledo Public Schools has announced the closing of Libbey High School after the present school year.  Libbey dates back to the early 1900s and was a nationally recognized football powerhouse.  Later in the 1960-70s, it became a dominant force in the Ohio basketball scene.  Standing like the monum...

Watching financial advice segment on Today Show this morning, someone called in pondering walking away from an underwater property and the effects on his credit.  I fully realize times have changed and many large lenders have been exposed for abuses which add to the rationalization of walking awa...