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BOOK: Exceeding Expectations: Producing Appraisal Reports and Services That Delight Clients
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UAD Aftereffects: Efficiency vs. Obligation
Most residential appraisers recognize their new obligations under the Uniform Appraisal Dataset and the associated Uniform Collateral Data Portal; however, remaining efficient in the context of fulfilling such obligations has become a new challenge. Appraisers, lenders, underwriters, and appraisal management companies all seem to assert their own ideas on the issue of UAD compliance as they navigate through the adjustment process of both the UAD and UCDP. Consequently, many appraisers misapply intended requirements and waste time on unnecessary details.
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