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This ebook includes the updated FAQ on the 4155 and Valuation Protocol. It also contains every appraisal related Mortgagee Letter issued by FHA/HUD in 2009. These include:

ML 2009-09 Adoption of Market Conditions Form 1004MC
ML 2009-28 Appraiser Independence and FAQ
ML 2009-29 Appraisal Portability and FAQ
ML 2009-30 Appraisal Validity Periods
ML 2009-36 Revised Eligibility Requirements for FHA Rooster
ML 2009-37 Flood Zone Requirements
ML 2009-41 Appraisal Performance standards and sanctions

This ebook includes the updated FAQ on the 4155 and Valuation Protocol. It also contains every appraisal related Mortgagee Letter issued by FHA/HUD in 2009. These include:

ML 2009-09 Adoption of Market Conditions Form 1004MC
ML 2009-28 Appraiser Independence and FAQ
ML 2009-29 Appraisal Portability and FAQ
ML 2009-30 Appraisal Validity Periods
ML 2009-36 Revised Eligibility Requirements for FHA Rooster
ML 2009-37 Flood Zone Requirements
ML 2009-41 Appraisal Performance standards and sanctions

This book is a how to complete an FHA appraisal from start to finish. It includes violations of FHA appraisal policy as well as a checklist for completing an FHA appraisal inspection. Also included is a section on when to make the appraisal “subject to” versus “as is”. There are 10 quick case studies to challenge what you have learned in the book as well as a special issues section that deals with water wells, septic tanks, gas stations, etc.

This new ebook is designed to help the practicing appraiser write appraisal reports that do not get rejected by the lender or the AMC. I have written thousands of appraisals reports; however, in the beginning years, I wrote many reports that were rejected by the lender. I have learned the secret to writing appraisal reports that do not get rejected. These reports are credible and not misleading. I have also included a checklist that many lenders use to review the reports submitted for compliance. This checklist will assist you for years in the future.

This new ebook is designed to help the practicing appraiser write appraisal reports that do not get rejected by the lender or the AMC. I have written thousands of appraisals reports; however, in the beginning years, I wrote many reports that were rejected by the lender. I have learned the secret to writing appraisal reports that do not get rejected. These reports are credible and not misleading. I have also included a checklist that many lenders use to review the reports submitted for compliance. This checklist will assist you for years in the future.

Readers will learn why the lender cares (and should care) about obtaining credible appraisal reports. This ebook includes extended coverage of the new Fannie Mae form 1004MC including how to use it. This form was required as 04/01/2009 for all appraisal reports that are submitted to Fannie Mae. Additionally, students will learn Fannie Mae’s position on the following items (in effect 01/01/2009):

Readers will learn why the lender cares (and should care) about obtaining credible appraisal reports. This ebook includes extended coverage of the new Fannie Mae form 1004MC including how to use it. This form was required as 04/01/2009 for all appraisal reports that are submitted to Fannie Mae. Additionally, students will learn Fannie Mae’s position on the following items (in effect 01/01/2009):

This book is perfect for the seasoned appraiser as well as the beginner. We walk through the Sales Comparison Approach with tools of the trade, examples, various methods of deriving adjustments including the survey method, modified regression analysis and paired sales in a modern world, two case studies with suggested solutions and a complete appraisal dictionary as well.