New Housing Bill/FHA Loans

[Greg Bell]

The only question I have is why would an experienced licensed appraiser not want to excel in his or her career and obtain the Certified Level. The licensed level is already limited, and continues to become obsolete in many states. The level itself does not prove your experience or competency but it seems to me that any professional that takes this career seriously would pursue the Certified level instead of settling for the Licensed level.

Learning is an ongoing never ending process in this profession, not bothering with the certified level displays a lack of educational ambition that every appraiser should have to stay competent.

As pointed out here it is just another "test" .... so go take it.

As Brad Pack would say "Drivel"...an may I add "Boulderdash"...:new_2gunsfiring_v1:

 

[moh malekpour]

Brad Pack,

I don’t know if you still remember me but I remember you from when we both were doing appraisals as independent contactor for Santa Ana HUD at the 5th floor of #3 Hutton Center. I guess it was 1994. We used to chat about our common contacts Kate Walters and Durgha if you still remember them. I am sure both of them are retired now but both were very fine ladies.
I am a little late to this thread but there was another thread with the same subject but different title prior to this one on the other forum that I posted several times and I got frustrated of constant generalization on the license, certification or designation. In the below post, the person that I mentioned as a prominent, competent appraiser with good skills was you but I tried not to mention the name or the place. I know many competent appraisers who are licensed and many incompetent appraisers who are certified general. You just cannot generalize.
http://appraisersforum.com/showthread.php?t=142405&page=9#83

These are my other posts in that thread:

http://appraisersforum.com/showthread.php?t=142405&page=6#58

http://appraisersforum.com/showthread.php?t=142405&page=7#63

http://appraisersforum.com/showthread.php?t=142405&page=8#72

http://appraisersforum.com/showthread.php?t=142405&page=8#77

http://appraisersforum.com/showthread.php?t=142405&page=8#88

http://appraisersforum.com/showthread.php?t=142405&page=13#126

 

[panappr]

I'm not sure what qualifies as “demonstrate verifiable education in FHA appraisal requirements.”

I took an appraisal seminar from FHA in the mid 1990's, plus an FHA update class from Acheson this year, so hopefully that will be sufficient.

I was thinking the same thing. All I have are CE classes over the years. Was going to apply, but wasn't sure, if there is a specific class. Will call provider tomorrow.

 

[Marcia Langley]

Lloyd and pan,

The specific educational requirements won't be known until FHA comes up with them and publishes them. The bill that was just passed did not specify, it just gave that to FHA as an action item.

My personal speculation is that they will require something along the lines of the typical FHA class such as the AI and others offer.

 

[Doug Wegener]

Id like to know what a "Nationally recognized appraisal organizaion" is. Recognized by who?

Will NAREA qualify?

Will the National Association of Master Appraisers qualify?

How about the National Residential Appraisers Institute?


If HUD excludes these organizations, wont that give rise to a slew of lawsuits
by Licensed appraisers against HUD, claiming they are being discriminated against?

And wont the courts have the final say then?

 

[Mike Kennedy]

"Nationally recognized appraisal organizaion" = SPONSORS OF THE APPRAISAL FOUNDATION


http://www.appraisalfoundation.org/s_appraisal/doc.asp?CID=115&DID=162

 

[Greg Bell]

Id like to know what a "Nationally recognized appraisal organization" is. Recognized by who?

Will NAREA qualify?

Will the National Association of Master Appraisers qualify?

How about the National Residential Appraisers Institute?


If HUD excludes these organizations, wont that give rise to a slew of lawsuits
by Licensed appraisers against HUD, claiming they are being discriminated against?

And wont the courts have the final say then?

Quick , get a lawyer and buy some beans and ammo..Licensed appraisers arise!!!

 

[Doug Wegener]

Sponsor of the appraisal foundation

"Nationally recognized appraisal organizaion" = SPONSORS OF THE APPRAISAL FOUNDATION


http://www.appraisalfoundation.org/s_appraisal/doc.asp?CID=115&DID=162

If that is the case, then the National Association of Master Appraisers would qualify.

Pretty easy to get their designation. You dont have to be certified by the state.

 

[Don Clark]

"Nationally recognized appraisal organizaion" = SPONSORS OF THE APPRAISAL FOUNDATION


http://www.appraisalfoundation.org/s_appraisal/doc.asp?CID=115&DID=162

Mike,

That's how I read it as well.

For the record.......I tried every way I knew how last year to get as many appraisers to upgrade as possible. Very few did that. At the time I was doing 2 courses a month and it would have been easy to upgrade.

 

[timd354]

"Nationally recognized appraisal organizaion" = SPONSORS OF THE APPRAISAL FOUNDATION


http://www.appraisalfoundation.org/s_appraisal/doc.asp?CID=115&DID=162

Mike, please point out where the law states that....the law probably should say that, but it does not say that.....who knows how it will be interpreted in the end, but it would be pretty easy for NAREA and other appraisers organizations to argue that this is not an explicit requirement of the statute and that if Congress had intended this to be a requirement then they would have drafted such a provision into the statute