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AI Releases First Face Value Podcast with Episode About Unusual Assignments

Listen to Face Value, the official podcast of the Appraisal Institute. Join rotating hosts Warren Boizot, SRA, AI-RRS, and Tonia Vailas, MAI, AI-GRS, each month as they share appraiser experiences, insights, and stories with other credible experts in the valuation profession. Tune in as they dive into the latest trends, news, association updates, and more. Don't miss out on appraisal news you won’t find anywhere else, all delivered at face value.

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Upcoming 7-Hour National USPAP Update Courses

NCAI is offering multiple National USPAP Update Courses throughout the year. Save the date for the upcoming USPAP courses below. Click on the course for more information.

*All courses are NCAB and NCREC Credit approved.

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AI Board Approves Certificate of Completion for International Curriculum

The Appraisal Institute Board of Directors approved a “Certificate of Completion – Fundamental International Curriculum” at its May 9-10 meeting in Chicago. The curriculum will include AI’s “International Basic Appraisal Principles,” “International Basic Appraisal Procedures” and “International Valuation Standards Overview” courses.
 
The Board also adopted proposed amendments to the Bylaws and Regulations 8, 9 and 10 regarding Past President Designated Member status and Temporarily Non-Practicing status. The 45-Day Notice was distributed to Designated Members, Candidates, Practicing Affiliates and Affiliates on March 25.
 
The Board also approved sending to 45-Day Notice proposed amendments to Regulations 1 and 2 that would remove the e-demo report and defense of reports as options for completing the demonstration of knowledge requirement.
 
In other action, the Board of Directors:
  • Amended policy for the courses requirement for General Candidates for Designation by removing the requirement to take and pass “General Appraiser Report Writing and Case Studies.”
  • Approved a transfer of funds (in the amount of the 2018 audited surplus) from the reserve fund to the operating fund.
  • Elected Elaine Liz-Ramirez, MAI, to fill a vacancy on the Audit Committee.
  • Approved the merger of the Memphis Chapter and the Greater Tennessee Chapter (to be known as the Tennessee Chapter of the Appraisal Institute).
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Parking Education Seminar & LDAC Fundraiser on April 2

NCAI is pleased to offer Parking and Its Impact on Value of North Carolina Properties to it's members while also supporting the 2019 Leadership Development & Advisory Council (LDAC) Participants. This event is on April 2, 2019 at the Harris Campus Central Piedmont Community College in Charlotte, NC. Instructor Ted Anglyn is donating his time to instruct this course as an effort to raise funds for this cause.

ALL PROFITS from this course and any additional donations will go toward support for NCAI’s LDAC participants.

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AI, Freddie Mac to Teach Valuation of Manufactured Homes

On March 6, the Appraisal Institute and Freddie Mac announced a partnership targeted to help real estate appraisers when valuing manufactured housing, meeting an important need for homebuyers, lenders, appraisers and homebuilders.

The Appraisal Institute’s partnership with Freddie Mac will provide practical appraisal training to all appraisers, as well as specifically-targeted training and case studies to address manufactured housing valuation assignments for Freddie Mac’s CHOICEHomeSM. CHOICEHome brings conventional mortgage financing to factory-built homes to help increase the availability of quality affordable homes that borrowers want while providing lenders with the innovative financing options they need.  

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