Skip to main content
America's Real Estate Academy, Inc.
sales, appraisal, home inspection, and computer training - Atlanta and Woodstock GA
Real Estate Sales and Broker Courses - In Class and Online
Appraisal Courses - Registered Licensed Certified Appraiser and Continuing Education classes
Home Inspection Courses, Exam Prep and Certification Classes
Travel Agent Courses - how to become a travel agent
AREA Store
Real Estate Sales, Appraisal, and Home Inspection FAQs
Student News
AREA e-Learning - Real Estate Online Academy

Appraisal Topics/Reports on GREAB Meetings 
The Georgia Real Estate Appraisers Board (GREAB) consists of the following five members:

Position Name Home Town Term Ends
Chair Charles B. Bramlett Monticello 07/2007
Vice Chair Sandra McAlister Winter Alpharetta 07/2008
Member D. Scott Murphy Suwanee 07/2011
Member William "Bill" R. Coleman Martinez 07/2010
Member Patricia K. Love Columbus 07/2009

The Real Estate Commissioner acts as the Board's Chief Executive Officer. This blog will provide comments on current appraisal topics and summaries of the Board's Monthly meetings for interested appraisers and members of the public.
Saturday, November 22 2008

Federal financial regulatory agencies have proposed new interagency appraisal and evaluation guidelines that will affect both residential and commercial real estate appraisers.  The proposed guidelines are intended to clarify the agencies' real estate appraisal regulations and promote a safe and sound real estate collateral valuation program. 

The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (FRS), Federal Deposit Insurance Corporation (FDIC), Office of Thrift Supervision (OTS), and National Credit Union Administration (NCUA) jointly published the guidelines on November 19, 2008. Interested parties may comment on the guidelines until January 20, 2009.

The guidelines will supersede the 1994 Interagency Appraisal Evaluation Guidelines, and incorporate subsequent revisions. The new rules will also reflect revisions to the Uniform Standards of Professional Appraisal Practice (USPAP) and the evolution of collateral valuation practices such as the use of automated valuation models (AVMs).

Highlights of the proposed changes include:

  • Emphasis on the importance of the independence of an institution's appraisal and evaluation program from influence by the loan production process or borrower,
  • Further clarification of minimum appraisal standards with discussion of the agencies' expectations for the content of appraisals that will satisfy those minimum standards,
  • Revisions to the requirements for appraisal development and reporting, and
  • Clarification on real estate-related financial transactions which are exempted from appraisal regulations.  

Read the proposed guidelines and send your comments on the new regulations to - fax and mail alternatives are contained in the document.

Posted by: Dick Viti AT 02:23 pm   |  Permalink   |  0 Comments  |  Email

Post comment
Email Address

(max 750 characters)
* Required Fields
Note: All comments are subject to approval. Your comment will not appear until it has been approved.



Book a FUN Vacation now! AREA Vacations can help you - 770-591-5552.

Save $20 by entering this coupon number: 5624

Travelocity - You'll never roam alone! (AREA Vacations is a Travelocity Affiliate)

Get Professional - Get your own URL - FREE email, FREE website and FREE blog - from just $9.99 per YEAR!

Appraisers and Home Inspectors - Accept credit cards - Online with or without a website. This company specializes in providing merchant services to small business.

Best Rates + No Cancellation Fees at

America's Real Estate Academy, Inc.
Phone: 770-591-5552 * Email:
©2002-2019 America's Real Estate Academy, Inc.