urar.blogspot.com
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.
urar.blogspot.com
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.".
urar.blogspot.com
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.
urar.blogspot.com
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.
uspap.blogspot.com
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.
uspap.blogspot.com
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.
appraiserfaq.blogspot.com
Georgia Appraiser FAQ's: Most Recent Deed Not Recorded
http://appraiserfaq.blogspot.com/2008/03/most-recent-deed-not-recorded.html
Friday, March 7, 2008. Most Recent Deed Not Recorded. I have just completed an REO for a home that is vacant and been foreclosed on. When I go to GSCCCA.org the deed/data has not been updated for this property. Is there a website that gets and inputs their data faster than GSCCCA with regards to foreclosed properties? I have always contended that you can do about anything in an appraisal provided you explain what you did. Here are two options. John M. Bryant. Subscribe to: Post Comments (Atom).
appraiserfaq.blogspot.com
Georgia Appraiser FAQ's: Appraisals Without a Client
http://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.
gaappraiser.blogspot.com
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.