NC Supreme Court Confirms Brokers May Be Eligible to Testify to “Value”
In a March 2, 2018 opinion, the North Carolina Supreme Court held, in North Carolina Department of Transportation v. Mission Battleground Park Leaseco, LLC et. al., that a real estate broker may be able to testify as to the fair market “value” and would not be...
Congress Addressing Appraisal Shortage with Pending Law Change
On March 1, 2018, the United States Senate further considered pending Senate Bill 2155 “Economic Growth, Regulatory Relief, and Consumer Protection Act” sponsored by Sen. Mike Crapo of Indiana. The Bill has 25 cosponsors, including Sen. Thom Tillis of...
AQB Lowers Minimum Qualifications to Become an Appraiser
Effective May 1, 2018, the Appraiser Qualifications Board (ABQ) will slash the long-time minimum requirements to become an appraiser. Many see this substantial change as a response to the nationwide appraiser shortage and to lenders applying to the ASC for a waiver...
Student comments from our fall USPAP classes
Here at BrightPath we’ve been teaching our USPAP classes in every corner of North Carolina. From Boone to Morehead City and everywhere in between, we’ve been spreading the good word. One thing we’ve been trying to do over these last few months...
Easier to become a certified appraiser?
In the future, it could become much easier for trainees and licensed appraisers to become a certified appraiser.