Tim

When you think about USPAP and ROVs (Reconsiderations of Value), gentle and peaceful thoughts are not what come to mind.  Somebody wants you to reconsider your value conclusion.  That is a gentle way to say, “I think you’ve made a mistake!”  But let’s face facts – we all make mistakes.  And given the state of […]

There’s a lot of crap on the Internet about civilization’s pending collapse.  There is even stuff on the Internet about USPAP and Sasquatch.  But there is nothing on the Internet about USPAP and Hot Sauce.   So, I figured I’d add to the Internet’s mindless clutter and post about Hot Sauce, USPAP, their relationship, and the

WOW!  “USPAP, Sasquatch, NAR, and Comparable Sales” is one helluva name for a podcast!  That’s true, thank  you.  But given that the ramifications of the Sitzer-Burnett are obvious but still unknown, invoked Sasquatch.  And the fact cash equivalency adjustments to comparable sales may become more prevalent than in times past brought all of those concepts

USPAP, analysis, and synthesis are terms we do not hear all that often.  That’s a shame, too.  This is because, according to USPAP, a credible appraisal and a non-misleading report are the results of analysis and synthesis.  Yes, Standard One is the appraisal development standard.  And Standard Two is the appraisal reporting standard.  But we

Give you clients a peek into the future, as well as show your competence!

When it comes to USPAP and a verification model, where is that model?  USPAP makes it clear we have to verify the sales data, etc.  But USPAP is strangely silent on what to verify means.  It is equally mute on how to accomplish the verification it demands.  So, is there a reason for this lack

Did you know your GSE appraisal and report are not about market value? They are about risk analysis!

The more you learn about the use of an EXTRAORDINARY ASSUMPTION, the more you realize it is a power tool in the formation of a credible value opinion.