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Georgia Appraiser FAQ's

Sunday, January 25, 2009. Education for Certified Residential Classification. What are the education requirements to become certified residential? You must be licensed and must take the following courses:. Residential Statistics, Modeling, and Finance (15 hours). Advanced Residential Applications and Case Studies (15 hours). Residential Appraisal Subject Matter Electives (20 hours). I am offering one of these courses at least once each month. Please check my calendar. John M. Bryant. John M. Bryant.

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Sunday, January 25, 2009. Education for Certified Residential Classification. What are the education requirements to become certified residential? You must be licensed and must take the following courses:. Residential Statistics, Modeling, and Finance (15 hours). Advanced Residential Applications and Case Studies (15 hours). Residential Appraisal Subject Matter Electives (20 hours). I am offering one of these courses at least once each month. Please check my calendar. John M. Bryant. John M. Bryant.
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Georgia Appraiser FAQ's | appraiserfaq.blogspot.com Reviews

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Sunday, January 25, 2009. Education for Certified Residential Classification. What are the education requirements to become certified residential? You must be licensed and must take the following courses:. Residential Statistics, Modeling, and Finance (15 hours). Advanced Residential Applications and Case Studies (15 hours). Residential Appraisal Subject Matter Electives (20 hours). I am offering one of these courses at least once each month. Please check my calendar. John M. Bryant. John M. Bryant.

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1

Georgia Appraiser FAQ's: Education for License Classification

http://www.appraiserfaq.blogspot.com/2007/12/appraisal-education-2008.html

Thursday, January 22, 2009. Education for License Classification. What are the education requirements for licensing classification. The appraiser must be registered. To become licensed, the appraiser candidate will need 60 hours in addition to the 90-hour registered appraiser curriculum. Residential Appraiser Site Valuation and Cost Approach (15 hours). Residential Market Analysis and Highest and Best Use (15 hours). Residential Sales Comparison and Income Approaches (30 hours). John M. Bryant.

2

Georgia Appraiser FAQ's: Sump Pump

http://www.appraiserfaq.blogspot.com/2007/10/sump-pump.html

Thursday, October 11, 2007. What is a sump pump? A "sump" is a hole, generally in the basement, that collects water. A "pump" is placed inside the hole to remove the water when it reaches a certain level. Together they are called a "sump pump". The actual name should probably be a "sump and pump" since there are really two separate components. The reason FHA and FNMA likes the appraiser to report a "sump pump" is that it demonstrates that the basement leaks or has leaked at one time. John M. Bryant.

3

Georgia Appraiser FAQ's: Appraisals Without a Client

http://www.appraiserfaq.blogspot.com/2007/08/appraisals-without-client.html

Monday, August 13, 2007. Appraisals Without a Client. I have heard that I can gain experience credit by doing "appraisals without a client" under the supervision of a school or even doing a vacant house on my own. Is this information accurate? Your information is accurate. See PDF page 28 of The Real Property Appraisal. Criteria, AQB, 2006. The same document (PDF page 34) says:. An appraiser can do 50% of total experience without a client. Supervision by a school appears to be optional. John M. Bryant.

4

Georgia Appraiser FAQ's: Contract Denied

http://www.appraiserfaq.blogspot.com/2007/08/contract-denied.html

Monday, August 13, 2007. If the client refuses to give me a copy of the contract, can I still complete the appraisal? If the appraiser is not provided a contract, the appraisal can still be completed provided the reasons are disclosed in the report. A comment similar to the following is appropriate. References to the contract in this appraisal are based on the extraordinary assumption that the contract data as provided by the lender are accurate. If the subject property is the property under contract.

5

Georgia Appraiser FAQ's: Appraising Part of a Property

http://www.appraiserfaq.blogspot.com/2007/08/appraising-property-segment.html

Tuesday, August 28, 2007. Appraising Part of a Property. A client has asked me to appraise a house with a pool but not to include the value of the pool. Can I accept the assignment with this assignment condition. You may appraise the property without the pool. Question 107 of the 2006 USPAP FAQs (page 61) states in part:. Standards Rule 1-2(e) states, in part:. John M. Bryant. Subscribe to: Post Comments (Atom). 1 - Georgia Appraiser Home. 2 - Appraiser News. 5 - FNMA-Freddie Mac.

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Fannie Mae and Freddie Mac: Certification #11 - Competency

http://urar.blogspot.com/2007/06/competency-and-certification-11.html

Fannie Mae and Freddie Mac. Monday, June 11, 2007. Certification #11 - Competency. Of the USPAP allows an appraiser to accept an assignment even though he/she is not competent to do the appraisal provided that:. The appraiser disclose the lack of competency before accepting the assignment. The appraiser takes the necessary steps to complete the assignment competently. The appraiser disclose the lack of competency and the means of overcoming the lack of competency in the report. Cert #11 - Competency.

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Fannie Mae and Freddie Mac: Certification #12 - Data Sources

http://urar.blogspot.com/2007/06/certification-12-data-sources.html

Fannie Mae and Freddie Mac. Friday, June 15, 2007. Certification #12 - Data Sources. FNMA Certification #12 says:. I am aware of, and have access to, the necessary and appropriate public and private data sources, such as multiple listing services, tax assessment records, public land records and other such data sources for the area in which the property is located.". In addition, GREAB Regulations require that the appraiser:. Source shall be one typically utilized by appraisers in the area.".

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Fannie Mae and Freddie Mac: Fannie Mae - Freddie Mac Links

http://urar.blogspot.com/2007/06/fannie-mae-links.html

Fannie Mae and Freddie Mac. Sunday, July 29, 2007. Fannie Mae - Freddie Mac Links. Fannie Mae Home Page. Freddie Mac Home Page. FNMA FAQs published November 2009 regarding Updated Policies and the 1004MC. FNMA Selling Guide - Part 11 (searchable). Posted by John M. Bryant. Cert #10 - Data Verification. Cert #11 - Competency. Cert #12 - Data Sources. 1 - Georgia Appraiser Home Page. 2 - Appraiser News. 5 - Fannie Mae-Freddie Mac.

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HUD/FHA: Utilities are off

http://hud-fha.blogspot.com/2007/06/utilities-not-on-at-inspection.html

Saturday, June 9, 2007. What steps should an appraiser take when the property he/she is appraising is vacant and the utilities are off? The HOC Reference Guide, Page 1-19. When utilities (water, gas, electric) are NOT on at the time of appraisal the appraiser is to condition for further inspection to determine if the utilities are in proper working order.". Posted by John M. Bryant. Data Plate - Mfg Home. High Voltage Overhead Line. Simple template. Powered by Blogger.

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Fannie Mae and Freddie Mac: The FNMA 704

http://urar.blogspot.com/2007/06/fnma-704.html

Fannie Mae and Freddie Mac. Friday, June 8, 2007. Is the FNMA 704 suitable for a "drive-by" appraisal? The FNMA 704 is a practical, if not a preferred method, of reporting a drive-by appraisal for a transaction that is not mortgage related. The old 2055 has problems because of its use of the obsolete terms "departure", "limited appraisal", and "complete appraisal". The new 2055 has a problem in that it's purpose is for a mortgage related transaction. USPAP, Standard 2 says:. Posted by John M. Bryant.

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USPAP: USPAP Links and Publications

http://uspap.blogspot.com/2007/06/uspap-links.html

Monday, July 16, 2007. USPAP Links and Publications. The Appraisal Foundation Home Page. A Guide to Understanding the 2008 Education Changes (28 pages). Real Property Appraisal Qualification Criteria (48 pages). Student Appraiser Education Guide (44 pages). Posted by John M. Bryant. 1 - Georgia Appraiser Home. 2 - Appraiser News. 5 - Fannie Mae-Freddie Mac.

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USPAP: Boat Slip

http://uspap.blogspot.com/2007/06/boat-slip.html

Thursday, June 21, 2007. The subject property is in a subdivision which includes boat slips on the Willimette River. The price of one comparable sale included the boat slip. The comparable sale is across the street from the subject property and does not have a river view. The right to use the boat slip. The value of the boat slip is not a part of the sale price of the comparable sale and must be subtracted from the sale price as a sale concession. Posted by John M. Bryant. 1 - Georgia Appraiser Home.

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Georgia Appraiser News: Mortgage Fraud Surging In Florida

http://gaappraiser.blogspot.com/2008/01/mortgage-fraud-surging-in-florida.html

News of Interest to Georgia Appraisers. Saturday, January 19, 2008. Mortgage Fraud Surging In Florida. The Tampa Tribune - January 19, 2008. Now that the housing boom has cooled, property values are falling, foreclosures are rising and lenders are discovering they approved loans based on bogus appraisals. As a result, those homes aren't worth the mortgage amount and many of those loans are now in foreclosure. Posted by John M. Bryant. Ohio - Appraiser Pressure. 1 - Georgia Appraiser Home.

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Georgia Appraiser FAQ's

Sunday, January 25, 2009. Education for Certified Residential Classification. What are the education requirements to become certified residential? You must be licensed and must take the following courses:. Residential Statistics, Modeling, and Finance (15 hours). Advanced Residential Applications and Case Studies (15 hours). Residential Appraisal Subject Matter Electives (20 hours). I am offering one of these courses at least once each month. Please check my calendar. John M. Bryant. John M. Bryant.

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Everything Appraisal | A Publication of GeorgiaAppaiser.com

A Publication of GeorgiaAppaiser.com. Most Recent Deed Not Recorded. Registered Appraiser Requires CR Supervision. Site Value — The 30% Myth. Owner of Public Record. FHA to Use Certified Appraisers Only. August 28, 2008. John M. Bryant. House Resolution 3221 (page 422) — (PDF). SEC 1404. REVISED STANDARDS FOR FHA APPRAISERS. Section 202(e) of the National Housing Act (12 U.S.C. 1708(e) is amended by adding at the end the following:. A) be certified–. Appraisal Institute Article supporting my position.

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