Is the ASC and TAF Unconstitutional?

[djd09]

“I consider the foundation of the Constitution as laid on this ground that ‘all powers not delegated to the United States, by the Constitution, nor prohibited by it to the states, are reserved to the states or to the people.’ To take a single step beyond the boundaries thus specially drawn around the powers of Congress, is to take possession of a boundless field of power, not longer susceptible of any definition.”

TAF should get busy rewriting definitions of words... so they can sell a new book of laws

 

[George Hatch]

You can have two SCA reports that differ in that one uses regression and the other uses matched pairs, one has one set of subjective adjustments and the another a different set of subjective judgements. The only way to check for reasonableness, may very well be to do your own subjective appraisal. And so where are we? Nowhere. The USPAP standard does not go far enough in specifying the SCA protocol to allow a conclusion of reasonableness without out doing a full review of the appraisal.

This is so simple - and you are supposedly a very experienced appraiser - who should understand this issue by now. The fact that you don't points to the underlying weakness of the entire system. But, you just don't get it.


Which is insufficient to draw an objective conclusion.


Which isn't saying anything really.

Just because you disagree with what the users consider to be sufficient to their usage doesn't mean... anything. Not to anyone who has been doing any of the decision making. Even if they're wrong they're still the ones making these decisions.

 

[Mejappz]

Isn't that great. You could have 12 independent appraisers, each with their own protocols appraising the same property to the same definition of MV and coming up with grossly different value conclusions. In fact. these would be NO NAME protocols - so you couldn't even compare the results. You are in a no mans swamp of values you can't make heads or tails of. Beautiful.

Right , the recent news stories highlighting appraisal bias reveal a concerning trend of significant discrepancies in property valuations across different appraisals. These variations aren’t minor; they represent substantial differences. With the exception of Marin County, the majority of cases don't seem particularly challenging. This situation underscores a failure in the USPAP standard, eroding public trust in the appraisal process.

 

[Dublin ohio]

Right , the recent news stories highlighting appraisal bias reveal a concerning trend of significant discrepancies in property valuations across different appraisals. These variations aren’t minor; they represent substantial differences. With the exception of Marin County, the majority of cases don't seem particularly challenging. This situation underscores a failure in the USPAP standard, eroding public trust in the appraisal process.

How so. What "failure" of USPAP has anything to do with any of the bias cases.

 

[djd09]

How so. What "failure" of USPAP has anything to do with any of the bias cases.

American city is selling hundreds of vacant homes for just $1 to revive struggling neighborhoods - and they will even give you money to help with renovations​

Currently, more than 13,000 homes in the city sit vacant, often abandoned due to rates of violent crime.

• Currently, over 13,000 homes in the city sit vacant, often due to violent crime
• The city owns close to 1,000, as it attempts to address the persistent problem
• Buyers and community land trusts will now be eligible to buy buildings for $1

The city of Baltimore is selling vacant homes for a dollar apiece to revive struggling neighborhoods.

Currently, more than 13,000 homes in the city sit vacant, often abandoned due to high rates of violent crime.

The city now owns close to 1,000 of them, in what's amounted to an unsuccessful bid to address the decades-old problem.


i bet fannie ain't waiving appraisals there...

 

[Dublin ohio]

American city is selling hundreds of vacant homes for just $1 to revive struggling neighborhoods - and they will even give you money to help with renovations​

Currently, more than 13,000 homes in the city sit vacant, often abandoned due to rates of violent crime.

• Currently, over 13,000 homes in the city sit vacant, often due to violent crime
• The city owns close to 1,000, as it attempts to address the persistent problem
• Buyers and community land trusts will now be eligible to buy buildings for $1

The city of Baltimore is selling vacant homes for a dollar apiece to revive struggling neighborhoods.

Currently, more than 13,000 homes in the city sit vacant, often abandoned due to high rates of violent crime.

The city now owns close to 1,000 of them, in what's amounted to an unsuccessful bid to address the decades-old problem.


i bet fannie ain't waiving appraisals there...

So the answer is you have no answer as usual

 

[djd09]

i know i know...15th st is immune from the swamp

 

[Mejappz]

How so. What "failure" of USPAP has anything to do with any of the bias cases.

USPAP does not provide specific guidance on the acceptable range of quality for different property types. For example, it does not state that for single-family residential and condominium properties in newer or more homogeneous neighborhoods, the acceptable spread between appraisals should be 5-10%. Nor does it say the spread can be 5-15% for older, more heterogeneous neighborhoods, or 5-20% for rural properties and vacant land.

The lack of clear USPAP standards means that two appraisers could appraise the same property in a relatively newer, homogeneous neighborhood and arrive at values with a spread of 20% or more. This would likely be considered unacceptable in most circumstances. The argument that USPAP only sets minimum standards is not sufficient, as this system has clearly failed to provide the necessary consistency and reliability expected in the appraisal industry. More specific, guidelines are needed to ensure appraisals meet appropriate quality thresholds, regardless of property type.

 

[George Hatch]

None of the appraisal standards at the professional orgs function as an Appraisal 101 instruction manual or teach appraisers how to perform any specific function. Appraisal standards as a generic concept are about appraiser conduct and are oriented to the requirements for ethical and competent conduct regardless of what property type or assignment type.

The specific examples you gave are specified by your users. They are user-driven requirements which actually don't apply outside of that specific area of practice. I don't perform in that niche so those requirements don't apply to what I do, even when I'm appraising an SFR. As just one example, none of my users require me to conform to a UAD dataset. Or ANSI, for that matter.

If you want to understand the user-driven supplementals and what your users think is acceptable for their usage then you need to refer to their policies. TAF doesn't dictate terms to your users, regardless of what you think. USPAP requires YOU to adhere to your USERs criteria for "meaningful", not the other way around.

And lets be real. You already won't read the front 38 pages of USPAP SR1-SR4 for content. If you knew what you were talking about WRT standards you wouldn't be talking stupid about USPAP not defining your user's UAD definitions for them.

There's no reason anyone should take seriously the implication that you would use more diligence with a 10-volume set of specifics that reads like the U.S. Tax Code. No matter what any appraisal entity did to draw the picture for you, you would still object to what they're doing. If it was minimal you'd complain about that, if it was highly detailed you'd complain about that. That's because your real argument isn't about the content of USPAP. Your real argument is about the manner in which Congress set everything up WRT appraiser licensing and regulation.

And your inability to get your clients to do for you what you want them to do.

 

[Dublin ohio]

i bet fannie ain't waiving appraisals there

And you figured that out all by yourself. Maybe there is hope. Maybe