tyfsu
Freshman Member
- Joined
- Jul 11, 2007
- Professional Status
- Certified Residential Appraiser
- State
- Florida
Hello All,
I've been a member on this forum for sometime but never really felt the need to post anything. (Maybe out of fear that you might bash the "trainee":new_llying
Seriously, I've learned a lot from the forum, this why I'm hoping you can answer a question for me.
The client is requesting the FIRREA addendum on the new 1004. I thought I remembered a thread in the past stating the FIRREA was non-compliant with the new forms. Is this correct? Now I could be wrong but I've been told by other appraisers in my office that the FIRREA is only need on land reports. On the ACI software the FIRREA addendum is listed as "retired" so am I correct in thinking this form is no longer needed? My mentor doesn't know the answer so this is why I'm asking the great minds out here. (Yes, I maybe sucking up just a little)
I searched endless for the answer to this question but was unsuccessful so I apologize in advance if I missed a previous thread.
Thanks
Tyler :new_newbie:
I've been a member on this forum for sometime but never really felt the need to post anything. (Maybe out of fear that you might bash the "trainee":new_llying

The client is requesting the FIRREA addendum on the new 1004. I thought I remembered a thread in the past stating the FIRREA was non-compliant with the new forms. Is this correct? Now I could be wrong but I've been told by other appraisers in my office that the FIRREA is only need on land reports. On the ACI software the FIRREA addendum is listed as "retired" so am I correct in thinking this form is no longer needed? My mentor doesn't know the answer so this is why I'm asking the great minds out here. (Yes, I maybe sucking up just a little)
I searched endless for the answer to this question but was unsuccessful so I apologize in advance if I missed a previous thread.
Thanks
Tyler :new_newbie: