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I thought they only made two major changes in USPAP. Otherwise it's still the same wretched convoluted epitstle ever created.
It lacks any decent indexing, any decent table of contents, and you thumb through and through just to get to the section you want - It is worse that the last one. Count the pages between the old one and the new (2) piece book...not to mention price.
I disagree. I have the book in front of me. The sections are in the same order they were before and are clearly labeled. There is a perfectly usable Table of Contents and Index. I agree that it was handy to have it all in one volume but, it's really not that hard to put one book down and pick up another one. I completely agree about the price. Fortunately, I live in NC and the appraisal board provides discounted prices to credentialed appraisers when a new edition of USPAP is available. However, if you think it should be different, get appointed to the ASB and make that happen. Then we can complain about the failings of your work product.
Very unlikely. It's more likely that Lenders will finally find a way around the appraisal requirement and will decide that appraisals are an unecessary expense.
This is the career you have chosen. Try actually reading and understanding USPAP instead of complaining about doing what is required to maintain appraiser credentials. BTW, please tell me anything in the new USPAP that impacts the way you do appraisals.... assuming that you were complying with USPAP before the current version.
