Restricted Residential and Restricted Non-Residential Appraisal Reports:

One of the breakthrough moments with this term’s edition of USPAP was the concrete examples within the student manual of what a Restricted Residential and Restricted Non-Residential appraisal reports might look like.  I mentioned in class that our office copied both formats to our macros with the idea that such a shortened version was perfectly acceptable with the Appraisal Foundation.

We’ve been reminded by one of our review appraiser friends that compliance with USPAP is only part of the criteria of working with lenders and, although the shortened format is allowed within the confines of USPAP, it might not be approved by your lender/client.  Be sure to check it out prior to submitting such a report.

Thanks for a Great First Year!

June 30^th was the last date for compliance with the Indiana appraiser continuing education requirements and it was also the anniversary of our first year with Education Resource, LLC.  We want to thank everyone who helped make our first year a good one. 

Education Resource is looking to expanding our operations in this coming year with new and revised programs.   We plan to continue the Lunch and Learn Series and we are contemplating taking it on the road – maybe on a quarterly basis.  We also want to continue to partner with other instructors like George Dell, in the coming year.  Our goal is to make your future CE requirements interesting, informative and painless. In that regard, please be on the lookout for an upcoming survey- we are interested in hearing your ideas for upcoming offerings.

In the meantime, we want to thank all who attended our classes.  It has been an honor to be your instructor.