community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.
Obviously the latter. Which is the lender's problem due to their decision to engage this type of assignment.
Not for lack of trying, lol. VA did allow the COVID desktops and it was a disaster. I never did one, but I've been the appraiser next time around. It ain't pretty with regard to repairs AND bad public data.
NO if they did then it would destroy their appraisal agency and no reason to have them. BUT I never say never.
Guess we'll find out again soon with "waivers". Market value always goes up, amIright?the same users abusers that passed out and accepted millions of no doc loans how did that work out
So, 1989. Yeah I was typing them then for those folks that were instrumental in making sure how hard it was for me to get into the profession. Tried to get a Transitional License, they would not attest to my assistance (i pulled comps, sketched, everything but the fun inspection stuff, when i did finally get admitted as a trainee (at another company), I had to do the full 2 years, 1500 hours to go by myself. Meanwhile, some of the same folks that just had to make 75 on a much easier test are now pulling the ladder up behind them once again with their Fatcat positions of power.
I have to question your timeline. FIRREA didn't become law until August 1989. States had to submit their licensing programs to the ASC for approval. The ASC took some months to assemble and some states jumped the gun and passed licensing regulations that didn't conform and had to be resubmitted. Not sure how they looked at experience in 1989 (I didn't start till 1993). But it sounds to me like most of your experience could have been considered more "clerical" in nature.
Back then it was a bit chaos and easy to get a license. I could have gotten general license if I wanted. My plan was to get it later so I could get higher pay from bank.
I was working for one of the appraisers who helped write Tennessee's regulations with a state Representative who was also an appraiser in 1989. Yeah, they thought all that was only clerical too and wanted me chained to a desk typing their reports, not out doing inspections. I met my mentor teaching one of my QE classes, got my CR in 1992, CG in 2004, and finished my degree after that. I've been licensed for 30 years, just got a little Certification from the Board of Realtors honoring my 30 years earlier this year. Funny how you admit you're not sure but you're arrogant enough to question my timeline of my own profession from a different state?
Some people learn by asking questions. But since you know it all. Talking about arrogant.
So when was the legislation approved and put into law. I doubt it was in 1989. You should really quit trying to play the victim. It is not becoming
Yes, I still have my experience log AND the letter they sent me from way back then. The transitional license in TN was for those with some real estate experience. I had worked there for 3 years and had to do everything. I would have still had to have my supervisor sign off on my reports but wouldn't have had to drag him along on inspections for a year. The first commission got all their banking and realtor pals through and phased it out real fast. Don't want too much competition, you know. Unlike now, with the umm appraiser "shortage".