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FNMA Property Data Collectors Program Violates WV Law

Appraiserblogs

The Fannie Mae Property Data Collectors program seems to have run afoul of West Virginia law. This program allows for the collection of data related to real estate appraisals by unlicensed third-party data collectors, which is in direct violation of article 38 of the state’s Real Estate Appraiser Licensing and Certification Act.

Law 146
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5 Things You Need to Know About Real Estate Disclosures

Zillow

It is the seller's chance to reveal anything that can negatively affect the value, usefulness or enjoyment of the property. Disclosure laws vary from state to state, even down to the city and county level. Is a disclosure the same as an inspection? It is not the same thing as an independent inspection by a third party.

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2024 USPAP For Appraisers

Appraisal Today

2024 USPAP Source: Appraisal Foundation The 2024 Uniform Standards of Professional Appraisal Practice is now available for purchase in physical and digital formats. When USPAP started, it was very exciting as appraisers had to decide what needed to be changed or added. This covers all Definitions, Rules, and Standards.