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How to Become a Supervisory Appraiser

McKissock

As an experienced appraiser, there are many reasons you may decide to take on a trainee. property inspections), or prepare for retirement. Whatever the reason, supervisors play an essential role in the training and development of future appraisers. You might be looking to grow your business, delegate tasks (e.g.,

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4 Key Disclosures and Disclaimers for Hybrid Appraisal Reports

McKissock

The scope of work must disclose the extent the property was inspected. USPAP states that appraisal reports for real property must contain a signed certification indicating whether the appraiser has or has not personally inspected the subject property. Property inspection disclaimer.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. To me, the big issue is who is doing the inspections. Only appraisers do the appraisals. Most of the inspection training we receive as appraisers happens in the field. Inspection training was very good.

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7 Key Considerations for Using a Restricted Appraisal Report

McKissock

It’s also a good idea to review the appraisal reporting requirements. USPAP STANDARD 2 clearly states the minimum content requirements for reporting a real property appraisal. A limited scope assignment may be a desktop-only appraisal. Reporting requirements.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Traut notes that the Federal Housing Finance Agency (FHFA) announced in late October 2021 at the Mortgage Banker Association’s annual conference that banks and mortgage lenders will be able to use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages.

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Fannie Mae Takes A Closer Look at Appraisals

Appraisal Today

Failures to personally inspect and photograph comparables. So, it’s pretty safe to state that the “appraiser shortage” of yesteryear is over, and reviewers now have more time on their hands. Fortunately, this article includes many of them in one place. ==. How to Avoid and Respond to Appraisal Board Complaints.