Stereotyping. Discrimination. Fair Housing. In part nine of our current series called Promoting Public Trust, we discuss these ideas, and how they relate to real estate appraisals. We’ll consider what an appraiser can and cannot say (or write), and why that matters to you - the homeowner. To read more on this information, see USPAP [...]
In this blog post - which is part eight of our Promoting Public Trust series - we’ll be looking at the topic of readdressing an appraisal report. Readdressing, or transferring a report, may be one of the most often-made requests our office gets, and usually, lenders and homeowners aren’t even aware they’re asking us to [...]
In this blog post, which is part 7 of our 12-part series on Promoting Public Trust, we’ll look at a few areas within USPAP that deal with an appraiser’s conduct. If you’ve recently received an appraisal and read the entire thing, you probably have a few questions! This post will clear up a few of [...]
Bias. The word itself is just ugly, isn’t it? It’s negative. It connotes everything that someone should not be. To be labeled as biased is not something anyone attains to. For an appraiser, it’s no different. In fact, if an appraiser is biased in any way, they are no longer an appraiser. In this blog [...]
Our last blog post served as an introduction to the topic of Confidentiality. In case you missed it, click *here*. In this post, we’re going to get very practical and answer some frequently asked questions about how USPAP and Confidentiality work together in the appraisal process. Most of the FAQs in this post are [...]
In this blog post, which is part four in our 12-part series on Promoting Public Trust, we will introduce the topic of confidentiality. This very important part of the appraisal process affects homeowners, lenders, and every user of appraisals differently. And as it’s part of our Ethics Rule of USPAP, it’s extremely important to everyone! [...]
Without a doubt, one of the most important factors (and one of the very first) an appraiser must consider when appraising any property is its “highest and best use”. In this blog post, which is part three in our 12-part series on Promoting Public Trust, we will just scratch the surface on this topic. When [...]
In our introduction to this blog series, we explained the basics of USPAP, and what it means to promote and maintain public trust. In case you missed it, you can go back and read it here. Hypothetical Conditions and Extraordinary Assumptions. All of this sounds like a bunch of weird appraisal-ese. Language no one else [...]
Promoting Public Trust Part 1: What is USPAP? This is part one of a 12-part blog and podcast series on the appraiser’s professional standards of practice, called USPAP. If you prefer consuming information by listening to a podcast, this topic will be dropping on The Appraisal Cast very soon! Keep a lookout! Let’s [...]
People Get Ready, the Appraiser is Coming! We prepare ourselves for a lot of things. A job interview. A wedding. A night out with our spouse. The birth of a baby. A huge test. But how many homeowners actually take time to prepare for an appraiser coming? You might be surprised to know that I’ve [...]
