Pat Turner, the Man with a Plan Valuer’s Dozen

by Woody Fincham, SRA, AI-RRS, RAA Member of RAC   I have known Pat Turner for many years.  My first introduction to him was from attending a Virginia State Board meeting.  I had attended to give public commentary about the problems I saw with regulatory oversight in the commonwealth.  Pat and I struck up aContinue reading “Pat Turner, the Man with a Plan Valuer’s Dozen”

ASA, AI, ASFMRA, MBREA, AGA RICS and Even NAR Step Up to the Plate for Valuers

Written by Woody Fincham, SRA, AI-RRS, RAA Once again, we have some great news coming from the appraisal organizations. The American Society of Appraisers, Appraisal Institute American Society of Farm Managers and Rural Appraisers, MBREA|The Association for Valuation Professionals, American Guild of Appraisers, OPEIU, AFL-CIO and RICS signed off on a joint letter sent toContinue reading “ASA, AI, ASFMRA, MBREA, AGA RICS and Even NAR Step Up to the Plate for Valuers”

30 State Appraisal Organizations are Opposing an Increase in the Appraisal Threshold

Written by Woody Fincham, SRA, AI-RRS, RAA The Virginia Coalition of Appraiser Professionals and the remaining “network” of appraiser collations (30 in total) hired council to format and send a comment letter to the Board of Governors of the Federal Reserve System, the FDIC and the Office of the Comptroller of the Currency regarding theContinue reading “30 State Appraisal Organizations are Opposing an Increase in the Appraisal Threshold”

The Valuer in The Mirror

Written by Woody Fincham, SRA, AI-RRS, RAA  Maybe I am crazy, but I think all of us deserve a better profession as appraisers than what we have presently within the mortgage and lending world.  We are in an era where the profession is changing fast.  We have many players out there that want to limit orContinue reading “The Valuer in The Mirror”

Is Smartexchange resulting in USPAP Non-Compliance?

Written by Woody Fincham, SRA, AI-RRS, RAA  This blog is likely going to stir up controversy. It is likely going to have a few folks calling me a loyalist to a la mode, or other similar things.  Am I a loyalist?  I do not see myself as such, but a la mode has been the onlyContinue reading “Is Smartexchange resulting in USPAP Non-Compliance?”

Valuer’s Dozen: Mr. Volunteer

I have known Creighton Cross, MAI for a decade.  We met when I sold my firm in Virginia Beach, VA and moved to Knoxville, TN to work with David Braun, MAI, SRA, AI-GRS. I wanted to focus on my designation and wanted to get away from the city.  When I arrived there Creighton was welcomingContinue reading “Valuer’s Dozen: Mr. Volunteer”

Does The Government Want to Do Away With Appraisals?

The Appraisal Institute has put out legislative action link that will let you communicate with your representatives on the federal level.   Follow the link to make your voice heard   Urge the Federal Banking Regulators to Protect Consumers and Safety and Soundness!   The Federal bank regulatory agencies have proposed to increase the residential appraisalContinue reading “Does The Government Want to Do Away With Appraisals?”

Knowing Green Can Save You Green

Liability Headaches Real estate practice, both valuation and brokerage, are professions that are open season for law suits.  Let’s face it, consumers can be very litigious in many situations.  Reducing liability is something we should all try to do in our professional work.  But outside of decreasing liability, what agents do, as well as appraisers,Continue reading “Knowing Green Can Save You Green”

The Six Elements of Green Part 2 The First Two Elements

Now that we have talked about how important communication is between agents and the consumers and the agents and the appraisers, let’s get into the meat and potatoes, as they say. As an appraiser, one must be able to understand and identify high performance home (HPH) features.  As I eluded to in the first partContinue reading “The Six Elements of Green Part 2 The First Two Elements”