The Appraisal Foundation has now posted a “Q&A” on its website regarding the Apprisal Instute’s withdrawal as a sponsor.
Continue Reading The Appraisal Foundation Responds To Appraisal Institute Sponsorship Withdrawal
Appraisal Institute
Appraisal Institute: Two-Thirds of Failed Banks Cited for Appraisal Problems
An Appraisal Institute study concludes that two-thirds of failed banks were previously cited by federal bank examiners or had ongoing appraisal administration problems.
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UNITED STATES TAX COURT FINDS FAILURE TO COMPLY WITH USPAP DOES NOT RENDER EXPERT APPRAISAL INADMISSIBLE
The United States Tax Court recently found that an appraisal does not necessarily need to comply with the Uniform Standards of Professional Appraisal Practice – commonly known as USPAP – to be admissible or reliable.
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Congress Considers Bill Prohibiting Improper Influences On Appraisers
Congress is considering legislation that prohibits all parties involved in a real estate transaction from improperly influencing an appraiser. The bill has been backed by the Appraisal Institute and has bipartisan support in Congress.
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