USPAP does not specifically use the term, “…from your workfile…” However, you’ll find your state appraisal board does. In fact, you’ll find the board uses this phrase a lost. Given that, let’s spend some time on what the phrase means how we appraisers must comply with it. “From your workfile” means just that. Under USPAP’s […]
From Your Workfile – TAA Podcast 150 Read More »
USPAP doesn’t mention time adjustments. They are not useless or unnecessary. Measuring and analyzing changes in market conditions are critical and fundamental to real estate appraisal. Indeed, they are the foundation of an accurate opinion of value. This is simply because such a value conclusion has as its base a specific date in time. This
USPAP Doesn’t Mention Time Adjustments – TAA Podcast 149 Read More »
A hill to die on. That sounds way too serious for a real estate appraisal podcast, right? These are supposed to be about USPAP, and education, and more practical stuff. But I’ve been studying on this topic for some time. Frankly, what AMCs do (or don’t do) does not bother me as much as it
A Hill to Die On – TAA Podcast 148 Read More »
Compliance with USPAP can be a major pain! But, really, we have not choice.
To Comply with USPAP – TAA Podcast 147 Read More »
There’s too much going on in AppraisalWorld. It is essentially impossible to keep track of what’s going on. FHFA just announced, in the most neutral of tones, that appraisal waivers could now be had, under certain conditions unheard of before. Again, conditions apply, but waivers are going to be available up to a 90% loan-to-value
There’s Too Much – TAA podcast 146 Read More »
Financing concessions and USPAP! More on this? Haven’t we heard enough on concessions, cash equivalency, and stuff they don’t teach us in appraisal school?! If you listen to what Fannie and Freddie have to say on these topics, the answer would have to be an emphatic “NO!”. Why? Because Fannie and Freddie continue to tell
Financing Concessions and USPAP – TAA podcast 145 Read More »
What do technicians, mechanics, and engineers have to do with USPAP and Real Estate Appraisal? Maybe nothing. But, at this point, it is easiest to conclude that a technician is one who knows that something should be done, though not necessarily how, when, or why. Technicians, mechanics, and engineers understand there is a process involved
Technicians, Mechanics, and Engineers – TAA Podcast 144 Read More »
One of the purposes of this podcast is to make you mad. Another is to open your eyes to the power the analytics of the cost approach have to analyze sales. Another is to anger you. About what? About the depth of its questions and what is likely to be the shallowness of your answers
To Make You Mad! – TAA Podcast 143 Read More »
There are two steps to the adjustment process. First is to ascertain the market recognizes any specific adjustment. Then, measure the market to determine the quantity of the adjustment.
USPAP for Great Advice! – TAA Podcast 142 Read More »
When you think of USPAP and the State Board, chills run up and down your spine, right?
USPAP and The State Board – TAA Podcast #141 Read More »
