50 questions on USPAP? Only 50? There may be more, but this ebook covers fifty (50) of the most salient ones. What is a USPAP inconsistency you ask? For example, at the top of page two (-2-) you show there were 50 comparable sales in the subject’s neighborhood last year. But then, in the narrative, you add there were not many sales to choose from in the last 12 months. The two statements are inconsistent, are they not? Clients, state appraisal authorities, courts, and the GSEs look for such inconsistencies. Unfortunately, examples such as these are far too easy to find in appraisal reports.
Therefore, while you have at least 50 questions on USPAP, this ebook is part of your post-classroom education and training. And this may be the most important training and education you ever have since it shows you how to explain why you did what you did. Remember, if you ever get that letter from your state appraisal authorities, one of the questions it will ask is to explain how and why you did what you did. Think how much time (and money!) you’ll save if those analyzed data are already in your workfile!
Actually, this ebook offers answers to more than 50 questions on USPAP. If you have more questions, contact me. It will be a pleasure to work with you!
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