Editor’s Note: In our cover story last issue, “AVM Tango! Man or Machine?” we reported that as a result of our AVM questions, Appraisal Standards Board (ASB) Chair Greg Accetta indicated further clarification would be forthcoming. Here is a statement issued by the Appraisal Foundation in June 2007 (www.appraisalfoundation.org). Are AVMs Appraisals? Appraisal Standards Board...…
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Ever since the new Fannie Forms hit the light of day, appraisers have had issues with it; particularly Items #21 and #23. Below is clarification from the Appraisal Standards Board of The Appraisal Foundation on Item #23. For one appraiser’s concerns regarding Item #21, please see Something to Talk About: Fannie's New Forms.
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Editor’s Note: Regulator and appraiser Larry Disney shows how USPAP is more flexible than many presume, when it comes to reassigning appraisal reports. Dos and Don’ts: Readdressing, Reassigning and Transferring Reports By Larry Disney Real property appraiser licensees often ask, “Can I readdress, reassign or transfer a real property appraisal report?” The answer is “no,”...…
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