Implementation of Title XI, the Appraisal Reform Amendments of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA): Hearing Before the Commerce, Consumer, and Monetary Affairs Subcommittee of the Committee on Government Operations, House of Representatives, One Hundred First Congress, Second Session, May 17, 1990U.S. Government Printing Office, 1990 - 471 էջ |
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administrative applicant Appraisal Foundation appraisal organizations appraisal report appraisal services Appraisal Standards Board Appraisal Subcommittee Appraiser Certification Committee appraiser licensing Appraiser Qualifications Board appraiser regulation appraiser regulatory ASSOCIATION OF REALTORS BARNARD bill Carolina Real Estate certification and licensing certified appraisers certified real estate Chairman complex concern conflicts of interest CONGRESS THE LIBRARY Doug Barnard enacted established Estate Appraiser Certification experience Federal Financial Institutions federally related transactions Florida Freddie Mac function Grandfathering independent Indiana issue January 18 Kevin Blakely lending institution licensed appraisers licensing and certifying loan mortgage Mortgage Bankers Association NATIONAL ASSOCIATION North Carolina Real passage of exam perform appraisals praisal proposed guidelines qualifications criteria real estate appraisers real estate broker Real Estate Commission real estate transactions real property regulation of real regulatory agencies residential appraisals residential real estate Texas Real Estate Title XI USPAP Washington XI of FIRREA
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Էջ 436 - The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus.
Էջ 77 - The intent of this requirement is to encourage the research and analysis of prior sales of the subject; the time frames cited are minimums. (c) consider and reconcile the quality and quantity of data available and analyzed within the approaches used and the applicability or suitability of the approaches used.
Էջ 250 - I will be pleased to answer any questions that you or the Members of the Subcommittee may have.
Էջ 184 - SUBCOMMITTEE OF THE COMMITTEE ON GOVERNMENT OPERATIONS OF THE US HOUSE OF REPRESENTATIVES May 17, 1990 Washington, DC Testimony of William A.
Էջ 69 - ... knowledgeably, and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby...
Էջ 77 - Evidence indicating the probable time of completion of the proposed improvements; and (iii) Reasonably clear and appropriate evidence supporting development costs, anticipated earnings, occupancy projections, and the anticipated competition at the time of completion. Comment: The evidence required to be examined and maintained under this guideline may include such items as contractor's estimates relating to cost and the time required to complete construction, market, and feasibility studies; operating...
Էջ 72 - In performing appraisal services an appraiser must be certain that the gathering of factual information is conducted in a manner that is sufficiently diligent to ensure that the data that would have a material or significant effect on the resulting opinions or conclusions are considered.
Էջ 69 - States dollars or in terms of financial arrangements comparable thereto; and 5. the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions granted by anyone associated with the sale.
Էջ 83 - I have (or have not) made a personal inspection of the property that is the subject of this report. (If more than one person signs the report, this certification must clearly specify which individuals did and which individuals did not make a personal inspection of the appraisal property.)21 no one provided significant professional assistance to the person signing this report.
Էջ 74 - ... mathematical extension. (e) Identify and consider the effect on value of any personal property, trade fixtures or intangible items that are not real property but are included in the appraisal.