NCAB - Appraisers Blogs https://appraisersblogs.com/tag/ncab-2/ Appraisal News and Tips for Real Estate Appraisers Mon, 17 Aug 2026 03:18:38 +0000 en-US hourly 1 https://wordpress.org/?v=7.1 https://i0.wp.com/appraisersblogs.com/wp-content/uploads/2015/04/ABfavicon.png?fit=32%2C32&ssl=1 NCAB - Appraisers Blogs https://appraisersblogs.com/tag/ncab-2/ 32 32 52046035 $599 Waiver to Save the Borrower Money? https://appraisersblogs.com/appraisal-waiver-real-cost-2-consumers https://appraisersblogs.com/appraisal-waiver-real-cost-2-consumers#comments Fri, 08 Mar 2019 13:30:08 +0000 https://appraisersblogs.com/?p=21120 The consumer is being fed yet another lie! Remember when we heard an appraisal waiver will save the borrower money? Do you recall all those videos from loan officers and mortgage companies encouraging borrowers to obtain an appraisal waiver to save them money? News flash – they lied! But you already knew that. Well, fellow appraiser and blogger Krystal Schware of Paragon Appraisal Services has a story for you: “The Danger of Saying Yes to an Appraisal Waiver”. “For only $599, we will grant you an appraisal waiver to help you avoid having an appraisal that ‘comes in short’.” **...

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]]> https://appraisersblogs.com/appraisal-waiver-real-cost-2-consumers/feed/ 16 21120 Increased Regulatory Persecution of Appraisers https://appraisersblogs.com/USPAP-increased-regulatory-persecution-real-estate-appraisers https://appraisersblogs.com/USPAP-increased-regulatory-persecution-real-estate-appraisers#comments Tue, 22 Jan 2019 13:30:04 +0000 https://appraisersblogs.com/?p=20713 The current and proposed revised version of USPAP also opens the door to increased regulatory persecution of licensed and certified real estate appraisers, while leaving all others that opine about values with no constraints, rules or limitations. I was recently asked to consider a proposed change to USPAP. As received in my email: “Also this, in the 3rd exposure draft 239 The appraiser is not required to title an appraisal report using specific terminology because 240 USPAP compliance is measured by the substantive content of a report, not by what the 241 report is called. The use of labels such as analysis,...

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]]> https://appraisersblogs.com/USPAP-increased-regulatory-persecution-real-estate-appraisers/feed/ 21 20713 CoesterVMS Surety Bond Cancelled https://appraisersblogs.com/coestervms-surety-bond-cancelled https://appraisersblogs.com/coestervms-surety-bond-cancelled#comments Tue, 27 Nov 2018 13:30:27 +0000 https://appraisersblogs.com/?p=20256 VaCAP has been forwarded an email from the North Carolina Appraisal Board stating the Surety Bond for Coester VMS has been cancelled. We have not heard anything from Virginia or any other state, but will update you as new developments arise. From: NCAppraisal Board ncappraisalboard@ncab.org Sent: Monday, November 26, 2018 11:24 AM Subject: Bond Claims against CoesterVMS The surety bond holder for CoesterVMS, IFIC, has notified the Appraisal Board that Coester requested the bond to be cancelled. The effective date of the cancellation is February 16, 2019. The bond number is TXIFSU0633863. A scan of the original bond is attached. Note...

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]]> https://appraisersblogs.com/coestervms-surety-bond-cancelled/feed/ 15 20256 Who ‘assists’ in Hybrid Appraisals https://appraisersblogs.com/3rd-party-inspector-assists-hybrids https://appraisersblogs.com/3rd-party-inspector-assists-hybrids#comments Wed, 17 Oct 2018 12:30:17 +0000 https://appraisersblogs.com/?p=19542 the appraiser shall identify any person who "assists" in the appraisal process… NCREAA recently submitted a letter to the North Carolina Appraisal Board regarding hybrid / desktop appraisal products. As a result of this letter, which highlights concerns raised by NC Appraisers, NCAB is forming an ad hoc committee to clarify, define and provide guidance on these hybrid / desktop products with respect to current North Carolina Appraisal Laws. Read the letter below: The North Carolina Real Estate Appraiser Association (NCREAA) has recently received requests/inquiries from our members regarding guidance on assignments for “hybrid/interior desktop” appraisals requests they have recently...

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]]> https://appraisersblogs.com/3rd-party-inspector-assists-hybrids/feed/ 10 19542 NC Proposed Law RE R&C Appraisal Fees https://appraisersblogs.com/appraisal/north-carolina-proposed-law-would-address-reasonable-and-customary-appraisal-fees/ https://appraisersblogs.com/appraisal/north-carolina-proposed-law-would-address-reasonable-and-customary-appraisal-fees/#comments Wed, 22 Apr 2015 12:30:33 +0000 https://appraisersblogs.com/?p=7344 North Carolina Proposed Law Would Address Reasonable and Customary Appraisal Fees North Carolina’s House Bill 577, introduced April 2, 2015, would seek to address reasonable and customary appraisal fees. Some of the proposals in the Bill would: Require the NC Appraisal Board to publish a “schedule of customary and reasonable rates of compensation for appraisals based on the market area where the real property is situated.” Establish rates by fee studies that would exclude assignments ordered by known appraisal management companies. Require rates to be “measured by the net compensation amount received by the appraiser.” Allow for payments above the...

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]]> https://appraisersblogs.com/appraisal/north-carolina-proposed-law-would-address-reasonable-and-customary-appraisal-fees/feed/ 7 7344 Knowing When to Say NO https://appraisersblogs.com/appraisal/knowing-when-to-say-no/ https://appraisersblogs.com/appraisal/knowing-when-to-say-no/#comments Thu, 17 Oct 2013 12:30:52 +0000 https://appraisersblogs.com/?p=5206 I wish I never took that assignment One comment often encountered when investigating a complaint is “I wish I never took that assignment”. Another is “I should have walked away when I saw the property.” How can you avoid that uneasy feeling when completing an assignment? If this is a typical residential mortgage transaction, things may go fairly smoothly. If the assignment involves appraising a property in a divorce, estate, tax appeal, or anything that might end up in litigation, you should meet with your client to assess whether there could be trouble ahead. One way to avoid this type of surprise is to not consider assignments as being routine. Each assignment regardless of purpose or intent has...

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