New Qualifications/USPAP Explained by David Brauner, Editor If you’ve been busy making a living, perhaps you missed or forgot that important changes to appraiser qualifications and to the Uniform Standards of Professional Practice (USPAP) took effect January 1, 2008. Here is a brief overview of the changes with rational provided by John S. Brenan, Director…
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Editor’s Note: This review first appeared in the Appraisal Today Newsletter, published by Ann O’Rourke. To read this review in its entirety please click here. Scope of Work Software and Book Review By Doug Smith, IFAS Most appraisers have furthered their understanding of the newest changes to the Uniform Standards of Professional Appraisal Practice (USPAP),…
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Why You Should Care about Appraiser Qualifications Significant Changes Proposed By George Hatch The proposed revisions to the Real Property Appraiser Qualification Criteria include significant increases in minimum education requirements and appraiser trainee supervision requirements. Some of these revisions will have long-term implications on appraisal businesses if enacted. For this reason, even established appraisers should...…
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Fannie Mae has introduced the addendum 1004MC and is requiring its use beginning April 1, 2009 (view the form at Efanniemae.com). It is a worksheet to help appraisers perform a market conditions analysis (MCA). By the time this hits your desk you should have begun the process of becoming familiar with it. Here…
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