Tim

“USPAP and That Does Not Solve the Problem” is a strange title for a podcast right?  But it has a purpose.  In a past podcast, I showed a list of what you were not supposed to say to your state appraisal board.  Clearly, not a lot of appraisers paid attention to this.  How do I […]

USPAP and Cash Equivalency?  No!  Surely, with all the mechanics of an appraisal there are to worry about, now there is another one!?  Say it ain’t so!  It would be nice simply to ignore cash equivalency (since, after all, there is math involved).  But the definition of Market Value dictates otherwise.  USPAP dictates otherwise [see

USPAP and the investigator’s questions is a topic we’ve covered before.  But investigators still keep asking questions.  So it makes sense to be aware of them, as well as how to answer them.  That raises the question, “How do I answer the investigator’s questions?”.  There is a two-part answer:  part one is “from the data

USPAP and adjustments.  Are they facts or just your opinion?  USPAP does not use the word adjust or adjustments in Standard One, the appraisal development standard, nor Standard Two, the appraisal reporting standard.  Further, USPAP does not require appraisers to make them to anything at any time.   They are a function of what the GSE’s

When residential real estate appraisers transform their appraisals and appraisal reports into a combination the public believes, then the public will have reason to trust us, what we do, why we do it, and how we do it.

Real Estate Appraisers write for a living, and writing in communication. So, do we real estate appraisers communicate clearly?

To answer those USPAP and Whatever questions usually means going to USPAP to get an answer.  Really, where else would you go?  USPAP is not a difficult document to read.  What affects us appraisers directly is really in the first twenty-four pages.  So, in practicality, the document is not all that long.  Its brevity is