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?
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USPAP and Functional Obsolescence?! You ask, “Tim, haven’t you covered this topic here on the podcast, as well as a bunch of other times, places, venues, and symposia?” Yes I surely have. But that was the other functional obsolescence. Today, on this podcast, I’m going to talk about the true functional obsolescence. Yes, the functional
USPAP and Functional Obsolescence – TAA Podcast 140 Read More »
There are some of our appraisal fellows whose grasp of the concept USPAP and Competence is yet to be as strong as it could or should be. In a 15-ish minute podcast, it is simply not possible to look into this subject with any depth or conviction. So we won’t. But we will look at
USPAP and Competence – TAA podcast 139 Read More »
This podcast sports a metaphysical title. “USPAP: Questions and Reflections”. Why this title? Who in their right mind wants to think about USPAP? B-O-R-I-N-G! I’ll concede that point. But somebody has to think about it. And, as a USPAP instructor, I get paid to think about it. Really, I get paid to teach it. But
USPAP: Questions and Reflections – TAA Podcast 138 Read More »
USPAP and the Public Trust is a topic we appraisers do not address all that often. Perhaps we should, since there is confusion on the issue. At the base of this confusion is the fact appraisers think our job is to protect the public (i.e., the buyer, the lender, the client, the borrower, etc). In
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