Want to create an interactive transcript for this episode?
Podcast: Tim Andersen, The Appraiser's Advocate Podcast
Episode: USPAP and Pending Contracts
Description: USPAP and pending contracts. What does that mean? It means its is perfectly OK to use the pending purchase and sale contract on your subject as a comparable! Underwriters will swear that is a violation of USPAP! Reviewers will need to buy red pens by the gross to mark-up reports if that happens! Heads will explode! GSEs will start to care about appraisers and what they think of the 1004 form! Civilizations will crumble! The Republican party will finally get its act together and elect a candidate to the White House! All of these are stinky hogwash since they will never hap...