2014-15 USPAP Modifications Released
In preparation of the new 2014-15 modifications to USPAP effective January 1, ASA’s Ethic’s Committee has prepared a brief summary outlining the modifications. The Appraisal Standards Board (ASB)...
View Article2014-2015 USPAP Now Available On-Line
The 2014-2015 edition of the Uniform Standards of Professional Appraisal Practice (USPAP) is now available on-line. This edition of USPAP is valid for two years, effective January 1, 2014 through...
View ArticleNon-Lender Valuation: Consumers Should Tread Carefully
Competition, in a free market, is a fierce catalyst: one that can effectively sort out the bad apples from the bunch. Capitalism works, it is simple when left unfettered and when all parties are...
View ArticleAppraiser Qualifications Board (AQB) Survey
The Appraiser Qualifications Board (AQB) has distributed an online survey to licensed and certified real estate appraisal professionals as part of a practice analysis. The deadline to complete the...
View ArticleStates Coalition Letter to FHFA regarding Fannie Mae’s Appraiser “Blacklist”
Fannie Mae’s new “Appraiser Quality Monitoring” initiative that creates an appraiser “do not use list” or “blacklist” has alarmed many working appraisers, especially since at least a portion of the...
View ArticleIs Sharing a Report with a Fellow Appraiser a Violation of USPAP...
Appraisers frequently are faced with chances to make mistakes related to confidentiality. The Confidentiality Section of the ETHICS RULE of Uniform Standards of Professional Appraisal Practice (USPAP),...
View ArticleGood News….For a Change?
It is all-too-rare that we hear positive news regarding the appraisal profession. There is an awful lot of complaining that goes on, most of it justifiable, but little good news that gets shared....
View ArticleAppraisers Are Running for the Exits
Current economic trends suggest your appraisal practice will not survive beyond 2015. Appraisers are running for the exits, with many moving into Ad Valorem, and some into cost estimating. Client...
View ArticleThe Appraisal Profession & Appraiser’s Business Decimated by the Increasing...
For the past two months, VaCAP has participated in a networked council consisting of 13 professional state appraisal organizations in responding to the Agencies request for comments of the Proposed...
View ArticleVA Hiring Appraisers and Fannie Mae Re-Evaluating You Based on Your Adjustments
Fannie Mae’s Murphy stated that over the past year, the GSE had been focusing on “quality” and “condition” ratings of comps used in multiple appraisals by the same appraiser and found many cases where...
View ArticleComments Requested for Additional Proposed 2016-17 USPAP Changes
The Appraisal Foundation’s Appraisal Standards Board has issued a third exposure draft of proposed changes to its 2016-17 edition of the Uniform Standards of Professional Appraisal Practice, and is...
View ArticleSome Good News….For a Change? – 2nd Annual List (A Work-In-Progress)
Last year, around Thanksgiving, I had put together a list of some positive things going on for appraisers. It was/is all-too-rare that we hear positive news regarding the appraisal profession. There...
View ArticleAQB Proposed Background Checks Focus on ‘Public Trust’
The Appraiser Qualifications Board of The Appraisal Foundation on Dec. 2 released a new exposure draft of proposed revisions to the 2015 Real Property Appraiser Qualification Criteria. Among the...
View ArticleUSPAP 2016-17 Summary of Changes
Appraisers, On Feb 6, the Appraisal Standards Board finalized the upcoming changes to the next issue of USPAP. See the PDF for the actual document. The highlights are: Revisions adopted for 2016-17...
View ArticleThe Appraisal Foundation Chocking The Appraisal Industry
The Appraisal Foundation Resisting Change The Appraisal Foundation sent out a correspondence stating the Appraisal Institute is undermining their authority. This was very one sided and off the mark....
View ArticleIs AQB Potentially Changing Course on Appraiser Qualifications?
Appraisers & others, The Appraisal Qualifications Board (AQB) is one of the voluntary Boards under The Appraisal Foundation. Their role is to analyze, debate, review, and decide the minimum...
View ArticleCalling on Licensed & Certified Residential Appraisers
Appraisers, The Appraisal Foundation seeks candidates for its Boards. We need a diversity of ‘license types’ to serve on these Boards. Your service time and travel expenses are covered. I just...
View ArticleAnother Win for Appraisers – California
Cooperation between appraisers and multiple appraiser organizations wins the day! When is the last time you heard of a State bill that was already passed by both State Houses (Assembly & Senate) in...
View ArticleAn Open Letter to the Valuation Profession
An Open Letter to the Valuation Profession from the Appraisal Foundation regarding the rift with the Appraisal Institute Value. Appraisers grapple with this concept daily as they analyze data and...
View ArticleA Contrary Response to The Future of Valuation
Recently an article appeared in WorkingRE about the Future of “Valuation”. The author is the President of a large and highly respected Appraiser Peer and Educational Organization. My own contrary...
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