The Appraisal Foundation, a national non-profit organization dedicated to the advancement of professional valuation and protecting the public trust, has released two new pamphlets benefitting consumers and lenders. A Guide to Understanding a Residential Appraisal was developed specifically for consumers. Thousands of home buyers are given a copy of their appraisal prior to closing on their new home. This pamphlet provides consumers an overview of the residential appraisal and how it relates to the home buying process. 

Appraisers, Appraisals & You: A Lender’s Guide to USPAP was developed for lenders working in the loan underwriting process. This pamphlet provides insight to lenders in working with appraisers as well as an overview of the entire appraisal process.

Single copies of both pamphlets are available from the Foundation by a downloadable PDF (free), a flip-book version (free) and a print edition (limited quantities available for bulk purchasing). For more details on ordering bulk copies, please visit the following links: 

To purchase A Guide to Understanding a Residential Appraisal:

http://netforum.avectra.com/eweb/shopping/shopping.aspx?site=taf&webcode=shopping&prd_key=424818f9-5e10-4378-bac8-9b8fb0eed3a8

To purchase Appraisers, Appraisals & You: A Lender’s Guide to USPAP: 

https://netforum.avectra.com/eweb/shopping/shopping.aspx?site=taf&webcode=shopping&prd_key=5f82e97c-58d3-4eb0-a8b4-fd0bf9936dea

The Foundation wishes to acknowledge the excellent work of the Publications Committee Chair Steve Elliott and Publications Committee members responsible for developing these publications. 

A Guide to Understanding a Residential Appraisal: Chairman Herb Jourdan, Vic Knight. David Layne and Lee Robinette

Appraisers, Appraisals & You: A Lender’s Guide to USPAP: Chairman Stephen Thode, Alyce DeJong, Lawrence Netterville and Dennis Black