“If you don’t have a seat at the table, you are on the menu.” Would it be misleading to disclose you performed a personal inspection of a property done with significant appraisal assistance in which you relied on supported demographics? Well maybe… The Appraisal Foundation has… Read More »
FTC vs LREAB Update The Supreme Court has denied the Louisiana Real Estate Appraisal Board’s petition to intervene in the administrative case for price fixing by the FTC. The FTC trial is scheduled to proceed on April 20, 2021. VaCAP is closely following this case and will update you as it proceeds. To view all… Read More »
The Appraisal Foundation has issued an exposure draft for Advisory Opinion 16. Advisory Opinion 16 is Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development and Reporting. Unlike other exposure drafts, the text of the advisory opinion has been rewritten. The traditional strike through of word or phrase changes is nonexistent.… Read More »
If you have been doing appraising for any time at all, you have likely experienced some of the more irritating aspects of our profession: the AMCs, the call backs, or one of my personal favorites, a Realtor’s protest “the idiot appraiser doesn’t know it’s supply and demand! I have a buyer!’’ An old folk story… Read More »
How about 20 Questions.., The Federal Housing Finance Agency (FHFA) has 20 questions for you. Well, Actually it is only 19 questions. The FHFA is the organization of the Federal Government that oversees Fannie and Freddie. They want feedback on how the GSE’s should move forward with appraisal policy, risk and appraisal processes. Now why FHFA… Read More »
The Federal Housing Finance Agency (FHFA) today issued a Request for Input (RFI) on appraisal-related policies, practices, and processes. The input received in response to the RFI will be used by FHFA to determine the necessary modifications needed to ensure Fannie Mae and Freddie Mac (the Enterprises) operate in a safe and sound manner. Click… Read More »
See flyer below for an educational opportunity on January 25!
Please see below from the GoFundMe Page and consider making a donation by clicking the picture to be taken to the fundraising page. ” As most are well aware Jan Bellas is a very important executive member of the AGA. She works tirelessly for our members to help get them the results they need without… Read More »
On this Veteran’s Day, we want to thank all of our Veterans for the sacrifices they made for our country.
Exciting news for the appraisal world! Certain portions of USPAP are now available online to the public in a free, downloadable, searchable format! At this point, the first 30 pages of the 354 page publication are available. We will keep you posted as more sections become available.