Ex-appraiser avoids jail sentence amid objections
A former Ohio appraiser who received jail time for using other appraisers’ identities to continue to complete assignments after his license was revoked won’t have to complete his four-year prison sentence thanks to a judge’s ruling Nov. 14. Keep reading to see why one of the appraiser’s victims objected to his release.
Looking back on 25 years of the appraisal profession
A lot has changed in the appraisal profession in the 25 years since the Appraisal Standards Board and the Appraiser Qualifications Board first came on the scene. Keep reading to look back on how the boards in charge of both developing USPAP and setting the criteria for the licensing and certification of appraisers have grown over the years, and also to see what changes they’re looking to make in the near future.
Court case centers on whether appraisal wrongfully influenced buyer
A pair of California appraisers found themselves defending allegations in court that they intended to influence the plaintiff’s decision on whether or not to purchase a California property. Keep reading for the court’s verdict.
Appraiser fights charges of hacking competitor to undercut fees
An Idaho real estate appraiser took to court to fight charges from the state’s appraisal board that he hacked into a competitor’s computer bid system to undercut the firm and secure more business, violated USPAP, and completed other reports that were “substantially misleading.” Keep reading to see the details of the case.
Finding a Sharper way to reconnect lenders, appraisers
A Web-based residential and commercial appraisal ordering software that enables lenders to manage their appraisal business through a double-blind ordering process could help reconnect appraisers directly with lenders for the first time in years.
Explaining the exclusion of approaches, coming in below contract price, and being ‘USPAP Certified’
The Appraisal Foundation’s Appraisal Standards Board has issued a new set of USPAP Q&As to clarify USPAP guidance regarding the need to explain the exclusion of any of the three approaches to value in a report, having a value that comes in below the contract price, and how being ‘USPAP Certified’ is misleading. Keep reading for the details.