Appraisal Blog

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appraising rural properties

Appraising Rural Properties

There are challenges that come with appraising rural properties. Often they are located in remote areas, where few comps exist. How do you figure in factors such as arable or nonarable land, a working farm, timberland, wetlands, or a forest preserve? Appraising rural or remote…

changes to USPAP

ASB Adopts Changes to USPAP for 2018–19

At its February 3, 2017, meeting, the Appraisal Standards Board (ASB) of The Appraisal Foundation adopted several proposed changes to the Uniform Standards of Professional Appraisal Practice (USPAP). These changes will be effective January 1, 2018.  The ASB revised the definition of Report to…

appraisal identity theft

HUD OIG Issues Appraisal Fraud Alert

The Office of Inspector General (OIG) of the Department of Housing and Urban Development (HUD) recently issued a Fraud Alert Bulletin regarding appraiser identity theft. According to the Fraud Alert Bulletin, there have been a number of appraiser identity theft cases recently uncovered by…

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