By Douglas A. Potts, MAI, AI-GRS
As you might have heard, the National Credit Union Administration’s Board of Directors on July 18 quadrupled – from $250,000 to $1 million – the appraisal threshold for nonresidential real estate loans. Of course, increasing the threshold would drastically reduce the number of nonresidential real estate loans requiring an appraisal. [Read more…] about AI Calls for Bank Regulators to Reject NCUA’s Decision
As the nation’s largest professional association of real estate appraisers, the Appraisal Institute works to represent the valuation profession in media coverage across the country. From January-June 2019, the Appraisal Institute and its professionals were included in more than 1,200 stories in 430 unique media outlets, with a potential audience of nearly 1 billion and a publicity value of more than $1.2 million. [Read more…] about Appraisal Institute Media Coverage Seen by Nearly 1 Billion
I’m pleased to report that AI once again took a leadership role in advocating for the valuation profession in our nation’s capital. Learn more about that, and other timely updates, from the past month.
AI Condemns NCUA Action on Appraisal Thresholds
The Appraisal Institute on July 19 vigorously condemned action by the National Credit Union Administration, calling the NCUA’s decision to effectively reduce the number of appraisals required for commercial real estate loans irresponsible, radical and dangerous. The organization further called for congressional oversight.
The NCUA Board of Directors quadrupled – from $250,000 to $1 million – the appraisal threshold for nonresidential real estate loans.
[Read more…] about AI Condemns NCUA Action on Appraisal Thresholds
Thank You for Attending the 2019 AI Annual Conference!
The Appraisal Institute thanks you for being part of the real estate valuation profession’s biggest event of the year. Hopefully you enjoyed the numerous opportunities to meet new business contacts, reconnect with old friends, learn from leaders in the valuation profession and take in some of what Denver has to offer. Thank you for making this event a success year after year! [Read more…] about Live from the Appraisal Institute 2019 Annual Conference – Day 4
Here’s What’s Happening Today
Learn more about today’s events, including locations and other information, on the app by downloading the EventMobi app and entering the code AIConf19. [Read more…] about Live from the Appraisal Institute 2019 Annual Conference – Day 3
Special care must be taken to understand the timeshare interest and the competitive market in which that interest would sell, according to an article from the Spring 2019 issue of The Appraisal Journal that explores key issues facing appraisers when valuing timeshares.
“Timeshares, Market Value, and the Real Estate Appraisal Process,” by Richard J. Roddewig, MAI, and Charles T. Brigden, MAI, explores key issues in timeshare appraising, including the need to identify the nature of the timeshare interest being appraised and its marketplace, and finding reliable sources of data when closed sale prices are not readily available.
[Read more…] about Valuing Timeshares Requires Special Care: The Appraisal Journal
Today’s Events
Learn more about today’s events, including locations and other information, on the app by downloading the EventMobi app and entering the code .AIConf19. [Read more…] about Live from the Appraisal Institute 2019 Annual Conference – Day 2
Here’s What’s Happening Today
Learn more about today’s events, including locations and other information, on the app by downloading the EventMobi app and entering the code AIConf19. [Read more…] about Live from the Appraisal Institute 2019 Annual Conference – Day 1
Two Appraisal Institute Designated Members share why they think someone should consider being an appraiser in AI’s latest video.
By Dennis A. Scardilli, Esq., MAI; Stephen D. Roach, MAI, SRA, AI-GRS; & Leslie P. Sellers, MAI, SRA, AI-GRS
RMAT? Huh? What’s a RMAT? It is USPAP’s referenced “Recognized Methods and Techniques of Real Estate Appraisal.” So, humor us as we explain the connection between RMATs and the Appraisal Institute’s Body of Knowledge.