- Joined
- Feb 14, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Louisiana
Very important e-mails sent out today regarding C&R. The REAB and Southeastern La. University are conducting a survey, the link is in the second e-mail.
The Louisiana Appraisal Fee Survey commissioned by the Louisiana Real Estate Appraisal Board is [FONT=Calibri,Calibri][FONT=Calibri,Calibri]NOW OPEN! [/FONT][/FONT]The survey's purpose is to collect data on "customary and reasonable" appraisal fees paid to Louisiana-licensed real estate appraisers in 2012 as outlined in the federal regulations detailed at:
Title 12 - Banks and Banking Chapter X - BUREAU OF CONSUMER FINANCIAL PROTECTION Part 1026 - TRUTH IN LENDING (REGULATION Z) Subpart E - Special Rules for Certain Home Mortgage Transactions Section 1026.42 - Valuation independence.
The survey has been designed to meet the requirements of the "Alternative presumption of compliance" for customary and reasonable compensation described in the above-referenced regulations.
[FONT=Calibri,Calibri][FONT=Calibri,Calibri]An electronic version of the final report will be made available to all appraisers who complete the survey. [/FONT][/FONT]