Freddy / Fannie Disclosure

Discussion in 'Fannie Mae, Freddie Mac, USPAP' started by Terrel L. Shields, Feb 23, 2009.

Thread Status:
Not open for further replies.
  1. Terrel L. Shields

    Terrel L. Shields Elite Member

    58
    May 2, 2002
    Professional Status:
    Certified General Appraiser
    State:
    Arkansas
    Question...

    Fannie and Freddy are now property of the taxpayer. Appraisers sometimes make enough money to pay taxes...so don't we own a piece of Fannie and freddy?

    And if we do, shouldn't we state in our reports that as tax paying citizens the appraiser owns a piece of an intended user...

    Is that a conflict of interest? :) just a question...
     
  2. John Hassler

    John Hassler Senior Member

    0
    Jul 23, 2002
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    I suggest you use the same language you already put in your eminent domain, IRS, and other work to be used by a government agency. Of course you could avoid all this conflict by becoming a non-taxpaying citizen. :new_smile-l:
     
  3. Terrel L. Shields

    Terrel L. Shields Elite Member

    58
    May 2, 2002
    Professional Status:
    Certified General Appraiser
    State:
    Arkansas
    I tried that. It's called poverty....
     
  4. John Hassler

    John Hassler Senior Member

    0
    Jul 23, 2002
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    Others might call it the path to a political appointment. :new_smile-l:
     
  5. panappr

    panappr Senior Member

    1
    Dec 5, 2007
    Professional Status:
    Certified Residential Appraiser
    State:
    California
    Does this mean we should not pay our taxes in order to comply with USPAP or the HVCC???
     
Thread Status:
Not open for further replies.

Share This Page