Just the license fee for 2 years

Don’t condemn appraisers with the label of stupidity, educate yourself!

Property with partial take loans are made on FHA, VA & conventional properties and the conventional FHA, VA appraiser should be able to address those issues for his client.

Where is government policy (Appraisal Foundation) going…. government rhetoric called” policy”…to attempt to hang someone for many times a simple mistake. NOW, we have a new requirement at the tune of $175.00 plus time for a governmental mistake to simply define a “word” namely “mislead”. This kind of thought process is typical of what is going on in Washington and with OUR Constitution….you are guilty unless you can prove yourself innocent of an action based on someone’s opinion and not fact which means “you are wrong unless you agree with me!!!…..Maybe Maxine Waters should be thinking and asking congress to investigate the CORELOGIC control of the financial and appraisal industries which are major housing/business controls.

It is interesting to note the acceptance of an assignment states you can not have a bias or interest in the production of any appraisal assignment with a 3 year history of any work completed which is acceptable.

Then the industry invented “Collateral Underwriting.” … which has allowed CORELOGIC to have taken the data from our reports (“Stole”) and made this data into a large database to control the financial and appraisal markets and value based input of “THEIR”analytics. With CORELOGIC now owning the major appraisal software companies like ACI, alamode and appraisal management companies to control markets everywhere .

Please do not forget this has all started in the 2008 banking debacle where the government literally took over the real estate financial market and the appraisal process with their government control in making all Counties throughout the USA to report field card data, sales, and/or other transfers of real estate called CAMAUSA (Computer Aided Mass Appraisal) for the benefit of value data and control. THIS IS NOT BY ACCIDENT, BUT A PART OF A LARGER PLAN CALLED “SOCIALISM” BASED ON CONTROL OF ALL OF THE DATA IN THIS COUNTY and possibly a path to “all government land ownership. The light better get turned on before it is too late.

There is a larger plan.

Larie St. John just sent my check…

Sincerely,

The Appraisal Foundation

What’s even MORE misleading is the perception that any state regulatory agencies are actually following USPAP guidelines in the first place. WE are mandated to follow it however state agencies are not. California DENIES ANY OBLIGATION to follow it AND that their appraisal reviews (as defined in USPAP) are in fact reviews at all!

In fact, effective January 2019 they had th language in the States Business & Professions code related to mandatory appraisal compliance changed so that it now reads California BREA RE appraiser/Investigators are PROHIBITED from performing appraisals or appraisal reviews. Through the use of pure sophistry, they now perform “investigations”. The practical side (or impractical side) is that they now find ‘facts’ and relate their “fact” findings to USPAP violations. This includes the Highest and Best Use disagreements. The appraiser will opine a credibly supported opinion, but if the investigator disagrees they will find a “fact” of a USPAP violation! For example. Retail zoned property is concluded to have HBU as “retail’.

In one actual (present) case, the state was contending that HBU SHOULD have been retail medical marijuana sales even though such use is in direct violation of federal law; AND that such use was lottery-based; a matter of chance, and a right of a tenant-operator and not an owner. This was presented to the Administrative Law Judge as a ‘fact’.

California is not alone in this trend. AARO has been promoting the idea that “investigators” can do appraisal reviews without calling them reviews and then report their findings as facts that override professional appraiser opinions.

They IGNORE such national USPAP experts as Ted Whitmer (MAI, JD, TX Appraiser) and George Dell. Both of whom provide very clear guidance on determining USPAP compliance…and reviewer obligations.

USPAP went astray when we conflated appraisal with valuation; and appraiser with valuators (business valuators). Now “some” states’ Deputy Attorney Generals are testifying that the business expenses of tenants and tenant’s net operating income must be considered in the valuation of the fee and leased fee of the subject owner’s real estate.

They are now contending that economic characteristics of tenant interest analysis are required under USPAP even when the scope of work has nothing to do with those going concerns or business valuation interests (where sow is to determine owners fee or leased fee interest). They have conflated ‘realty’ with real property; and that as being equivalent or inclusive in all real estate.

As now defined in USPAP, “misleading- intentionally or UNintentionally” will now be determined as a factual finding regardless of the SOW or impact on any conclusions or report credibility. Mis-type an owner’s name; or address (seriously) and the report becomes “misleading”; hence not credible, hence a violation of competency requirements and anything else a ‘fact-finding’ reviewer can imagine.

Deliberate or not, the cumulative effect and impact of TAFs constant changes and reinterpretations of Common English has all but completely undermined the public trust in real estate appraisal.

For their part, State Boards failure to enforce prohibitions against non-appraisers and non-human “valuations” has completely confused the general public; and have become a tool which lenders and AMCs “review” real appraisals by real professional appraisers, applying God only knows what ‘standards’ or scoring criteria.

ALL of the fears we first had when CU was introduced and when we first learned CoreLogic had been stealing appraiser developed data have become true.

Unfortunately, those fears were underestimated. The ‘fact’ turned out to be far worse than the feared potential abuse.

Does that include CE or just the license fee? Insane if that’s just the renewal fee

in California Cert res is now over $1000. every two years!