Is It USPAP Violation or Reviewer's Opinion

[djd09]

That's addressed in USPAP. try again.

that was one off the wall example...

 

[George Hatch]

under the current corrupt system...the gse's could require appraiser to follow the green building standards or some other commie standard...those cannot be laws because it is unconstitutional

Compliance with laws/regs applicable to the lender's usage of the appraisal is just a subset of the broader category of user-driven requirements.

"we require the inclusion of an active listing" isn't a law or regulation, but it is a user-driven extra that a client or user is allowed to require and which an appraiser is allowed to agree to meeting when they accept the assignment.

Bust a deal, face the wheel.

 

[George Hatch]

That's addressed in USPAP. try again.

There are all manner of additional user-driven requirements, and you know it. I don't know why you're putting any effort into arguing that point.

I just cited the prospective value thing because most appraisers fight it the first couple times they get assignments which explicitly require it in their engagement letters. That has included 100% of the SFR appraisers who have taken a 1004 or 1025 assignment requiring that, and 90% of the CGs.

 

[djd09]

i will give credit it to the head cheerleader....no matter the score he keeps pom pomming away

 

[CGinMN]

MN says residential appraisers can’t do HBU on residential properties that are zoned in areas that also allow for commercial uses. This is in a small town with a population of 2200.

 

[djd09]

There are all manner of additional user-driven requirements, and you know it. I don't know why you're putting any effort into arguing that point. I just cited the prospective value thing because most appraisers fight it the first couple times they get assignments which explicitly require it in their engagement letters.

yeah it is called client bias...and no way shape or form is it independent or impartial

 

[George Hatch]

yeah it is called client bias...and no way shape or form is it independent or impartial

How do you go about spinning a requirement for including an active, or a comp with a pool or disclosing a census tract or a flood zone panel number into being an attempt to infringe upon your impartiality and objectivity or to otherwise dork your value conclusion?

Use your words. Start at the beginning and write something that makes sense.

 

[djd09]

How do you go about spinning a requirement for including an active, or a comp with a pool as an attempt to infringe upon your impartiality and objectivity?

Use your words. Start at the beginning and write something that makes sense.

USPAP does not require listings...so if it is not in USPAP it is not law...do you need more constitutional lessons because it it becoming tiresome

 

[George Hatch]

MN says residential appraisers can’t do HBU on residential properties that are zoned in areas that also allow for commercial uses. This is in a small town with a population of 2200.

View attachment 91215

I would have argued the allegation that HBU analysis for an SFR on a non-residential zoned lot requires CG qualifications. If the C1 zoned parcel next door sold for $50k last year and SFRs are starting at $300k then it doesn't take a CG to understand the SFR use is more valuable than the vacant lot value. Now if the appraiser never made any attempt to identify the basis upon which the property was worth more in the market then that is a separate issue from the scope of practice issue, and should have been stated as such (didn't do it) in the event the HBU conclusion was in error.

Besides, the scope of practice for these licenses refers to completing assignments, not to the verbiage they used "commercial appraisal analysis".

 

[djd09]

how can non elected banksters write laws...