• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Forum Sponsor - a la mode

Learn more about Titan Reports, our new cloud-based formfiller, SmartExchange, Titan Office, and Titan Drive to see how you can revolutionize your appraisal business.

Appraiser's Certification's and Gpar

Status
Not open for further replies.

NJ Valuator

Thread Starter
Member
Joined
Feb 23, 2003
Professional Status
Certified Residential Appraiser
State
New Jersey
What appraiser's certification's, if any, from the Fannie Mae forms do you include in your Gpar appraisals?
 

KONA

Junior Member
Joined
Aug 16, 2007
Professional Status
Certified General Appraiser
State
California
Frank I responded to your web site.
 

NJ Valuator

Thread Starter
Member
Joined
Feb 23, 2003
Professional Status
Certified Residential Appraiser
State
New Jersey
I do use the USPAP certifications, but I was just wondering if others threw in
anything from the Fannie Mae forms. Even though the Gpar forms are not for
Fannie Mae purposes, there is some information in the Fannie Mae appraiser's
certifications especially regarding data collection and analysis that is
pertinent to the appraisal whether it is on the Gpar or the Fannie Mae form. I guess this info could also be included in the Scope of Work.
 
Joined
Jan 13, 2002
Professional Status
Retired Appraiser
State
Florida
Read through them and use what you feel is reasonable, applicable, and helps you. ALL the USPAP necessary ones of course must be used.
 

Rich Heyn

Senior Member
Joined
Jan 17, 2002
Professional Status
Certified General Appraiser
State
Michigan
I do use the USPAP certifications, but I was just wondering if others threw in
anything from the Fannie Mae forms. Even though the Gpar forms are not for
Fannie Mae purposes, there is some information in the Fannie Mae appraiser's
certifications especially regarding data collection and analysis that is
pertinent to the appraisal whether it is on the Gpar or the Fannie Mae form. I guess this info could also be included in the Scope of Work.

Frank,
I believe you will find the certification on the gPAR forms to be fully USPAP compliant "as is." It is almost word-for-word with SR 2-3.

Some of Fannie's certifications are really more akin to scope of work issues rather than certification. Your example of data collection is a good one. You may wish to address such issues in your scope statements; it's not necessary to include them in your certification.

Fannie's certifications and limiting conditions are designed to favor Fannie and Fannie's clients, the lenders. They are not designed to help the appraiser. My objectives when designing the gPAR family of forms were to keep the appraiser's certification simple and USPAP compliant and to make the limiting conditions "appraiser friendly" as opposed to "Fannie friendly." As you know, the form accommodates any additional certifications or limiting conditions you may wish to add.

Rich Heyn
Director of Compliance, ACI
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Top

AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock
No Thanks